Centiva Capital LP Grows Stock Position in Mobileye Global Inc. (NASDAQ:MBLY)

Centiva Capital LP grew its position in shares of Mobileye Global Inc. (NASDAQ:MBLY - Free Report) by 128.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,463 shares of the company's stock after purchasing an additional 48,673 shares during the quarter. Centiva Capital LP's holdings in Mobileye Global were worth $1,185,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in MBLY. Rakuten Securities Inc. lifted its holdings in Mobileye Global by 140.2% during the third quarter. Rakuten Securities Inc. now owns 1,818 shares of the company's stock valued at $25,000 after purchasing an additional 1,061 shares in the last quarter. Cranbrook Wealth Management LLC purchased a new position in Mobileye Global in the 2nd quarter valued at about $84,000. EverSource Wealth Advisors LLC boosted its holdings in Mobileye Global by 1,019.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,819 shares of the company's stock worth $107,000 after buying an additional 3,478 shares during the last quarter. Headlands Technologies LLC purchased a new stake in Mobileye Global during the 2nd quarter worth approximately $147,000. Finally, B. Riley Wealth Advisors Inc. raised its holdings in shares of Mobileye Global by 24.7% during the first quarter. B. Riley Wealth Advisors Inc. now owns 6,299 shares of the company's stock valued at $203,000 after acquiring an additional 1,248 shares during the last quarter. 13.25% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently commented on the company. Needham & Company LLC dropped their price target on Mobileye Global from $25.00 to $20.00 and set a "buy" rating for the company in a research report on Friday, November 1st. Robert W. Baird increased their target price on shares of Mobileye Global from $17.00 to $18.00 and gave the company an "outperform" rating in a research report on Friday, November 1st. Evercore ISI lowered their price target on shares of Mobileye Global from $35.00 to $30.00 and set an "outperform" rating on the stock in a research report on Monday, October 14th. TD Cowen increased their price objective on shares of Mobileye Global from $15.00 to $19.00 and gave the company a "buy" rating in a report on Friday, November 1st. Finally, Royal Bank of Canada restated a "sector perform" rating and set a $11.00 target price on shares of Mobileye Global in a report on Thursday. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $23.14.

Mobileye Global Stock Up 0.1 %

NASDAQ MBLY traded up $0.02 during trading on Thursday, hitting $17.10. The stock had a trading volume of 9,611,107 shares, compared to its average volume of 5,112,542. The company has a market capitalization of $13.87 billion, a PE ratio of -4.96 and a beta of 0.44. Mobileye Global Inc. has a twelve month low of $10.48 and a twelve month high of $44.48. The firm has a 50 day moving average price of $14.77 and a 200 day moving average price of $18.75.

About Mobileye Global

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.