B. Metzler seel. Sohn & Co. Holding AG Takes Position in Mobileye Global Inc. (NASDAQ:MBLY)

B. Metzler seel. Sohn & Co. Holding AG bought a new position in Mobileye Global Inc. (NASDAQ:MBLY - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 102,529 shares of the company's stock, valued at approximately $1,405,000.

A number of other large investors have also recently made changes to their positions in the stock. Quest Partners LLC purchased a new position in shares of Mobileye Global during the 3rd quarter valued at about $102,000. BCGM Wealth Management LLC lifted its position in shares of Mobileye Global by 178.0% during the 3rd quarter. BCGM Wealth Management LLC now owns 190,595 shares of the company's stock valued at $2,611,000 after buying an additional 122,031 shares in the last quarter. Impax Asset Management Group plc purchased a new position in shares of Mobileye Global during the 3rd quarter valued at about $871,000. Rakuten Securities Inc. lifted its holdings in Mobileye Global by 140.2% in the 3rd quarter. Rakuten Securities Inc. now owns 1,818 shares of the company's stock worth $25,000 after purchasing an additional 1,061 shares in the last quarter. Finally, GSA Capital Partners LLP purchased a new position in Mobileye Global in the 3rd quarter worth approximately $550,000. 13.25% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MBLY has been the topic of a number of research analyst reports. Needham & Company LLC lowered their price target on Mobileye Global from $25.00 to $20.00 and set a "buy" rating on the stock in a report on Friday, November 1st. The Goldman Sachs Group lowered their price target on Mobileye Global from $24.00 to $20.00 and set a "buy" rating on the stock in a report on Tuesday, October 1st. TD Cowen boosted their price target on Mobileye Global from $15.00 to $19.00 and gave the stock a "buy" rating in a report on Friday, November 1st. Wolfe Research downgraded Mobileye Global from an "outperform" rating to a "peer perform" rating in a research note on Thursday, September 5th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a $15.00 price objective on shares of Mobileye Global in a research note on Tuesday, September 10th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $23.14.

Mobileye Global Price Performance

MBLY stock traded up $0.68 during mid-day trading on Friday, reaching $17.97. 6,086,167 shares of the company's stock were exchanged, compared to its average volume of 7,702,996. The company has a market cap of $14.57 billion, a price-to-earnings ratio of -4.92 and a beta of 0.07. The stock's 50 day moving average is $13.89 and its 200 day moving average is $19.34. Mobileye Global Inc. has a 12-month low of $10.48 and a 12-month high of $44.48.

Mobileye Global Profile

Mobileye Global Inc develops and deploys advanced driver assistance systems (ADAS) and autonomous driving technologies and solutions worldwide. The company operates through Mobileye and Other segments. It offers Driver Assist comprising ADAS and autonomous vehicle solutions that covers safety features, such as real-time detection of road users, geometry, semantics, and markings to provide safety alerts and emergency interventions; Cloud-Enhanced Driver Assist, a solution for drivers with interpretations of a scene in real-time; Mobileye SuperVision Lite, a navigation and assisted driving solution; and Mobileye SuperVision, an operational point-to-point assisted driving navigation solution on various road types and includes cloud-based enhancements, such as road experience management.