Impax Asset Management Group plc Makes New $871,000 Investment in Mobileye Global Inc. (NASDAQ:MBLY)

Impax Asset Management Group plc bought a new position in shares of Mobileye Global Inc. (NASDAQ:MBLY - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 63,573 shares of the company's stock, valued at approximately $871,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Rakuten Securities Inc. boosted 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 valued at $25,000 after purchasing an additional 1,061 shares during the period. GSA Capital Partners LLP acquired a new stake in shares of Mobileye Global in the third quarter valued at approximately $550,000. Entropy Technologies LP boosted its stake in shares of Mobileye Global by 102.8% in the third quarter. Entropy Technologies LP now owns 18,658 shares of the company's stock valued at $256,000 after buying an additional 9,459 shares during the period. Patten & Patten Inc. TN grew its position in Mobileye Global by 5.8% during the third quarter. Patten & Patten Inc. TN now owns 103,150 shares of the company's stock worth $1,413,000 after buying an additional 5,620 shares in the last quarter. Finally, Atria Investments Inc increased its stake in Mobileye Global by 168.7% during the 3rd quarter. Atria Investments Inc now owns 26,860 shares of the company's stock worth $368,000 after acquiring an additional 16,862 shares during the period. Institutional investors and hedge funds own 13.25% of the company's stock.

Mobileye Global Stock Down 3.2 %

Shares of Mobileye Global stock opened at $14.99 on Friday. Mobileye Global Inc. has a 52-week low of $10.48 and a 52-week high of $44.48. The company has a fifty day moving average of $13.26 and a 200-day moving average of $19.78.

Wall Street Analyst Weigh In

MBLY has been the subject of a number of analyst reports. Canaccord Genuity Group dropped their price target on Mobileye Global from $27.00 to $25.00 and set a "buy" rating for the company in a research note on Friday, November 1st. TD Cowen boosted their target price on shares of Mobileye Global from $15.00 to $19.00 and gave the company a "buy" rating in a research report on Friday, November 1st. Morgan Stanley upgraded shares of Mobileye Global from an "underweight" rating to an "equal weight" rating and reduced their price target for the stock from $25.00 to $18.00 in a research report on Friday, August 2nd. Fox Advisors downgraded shares of Mobileye Global from an "overweight" rating to an "equal weight" rating in a research report on Thursday, August 1st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a $15.00 target price on shares of Mobileye Global in a report on Tuesday, September 10th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Mobileye Global has a consensus rating of "Hold" and an average price target of $23.05.

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.