Y.D. More Investments Ltd Has $1.54 Million Stock Holdings in Mobileye Global Inc. (NASDAQ:MBLY)

Y.D. More Investments Ltd lifted its stake in Mobileye Global Inc. (NASDAQ:MBLY - Free Report) by 117.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 77,150 shares of the company's stock after acquiring an additional 41,650 shares during the quarter. Y.D. More Investments Ltd's holdings in Mobileye Global were worth $1,537,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Rakuten Securities Inc. raised its stake in shares of Mobileye Global by 140.2% during 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. Versant Capital Management Inc lifted its stake in Mobileye Global by 580.0% in the fourth quarter. Versant Capital Management Inc now owns 1,326 shares of the company's stock valued at $26,000 after acquiring an additional 1,131 shares during the last quarter. FNY Investment Advisers LLC bought a new stake in Mobileye Global in the fourth quarter worth approximately $30,000. Quarry LP acquired a new position in shares of Mobileye Global during the 3rd quarter worth $31,000. Finally, Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of Mobileye Global during the 4th quarter valued at $58,000. Institutional investors and hedge funds own 13.25% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Mizuho lowered their price objective on Mobileye Global from $17.00 to $16.00 and set a "neutral" rating on the stock in a report on Friday, January 31st. TD Cowen increased their price objective on Mobileye Global from $15.00 to $19.00 and gave the company a "buy" rating in a research report on Friday, November 1st. Evercore ISI cut their price target on Mobileye Global from $35.00 to $30.00 and set an "outperform" rating for the company in a report on Monday, October 14th. Loop Capital raised their price objective on shares of Mobileye Global from $20.00 to $23.00 and gave the stock a "buy" rating in a report on Wednesday, December 18th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $20.00 price target on shares of Mobileye Global in a research report on Friday, January 31st. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $23.05.

Mobileye Global Price Performance

NASDAQ:MBLY traded down $0.39 on Friday, hitting $16.07. 2,790,274 shares of the company's stock were exchanged, compared to its average volume of 6,349,957. The company has a market cap of $13.03 billion, a P/E ratio of -4.21, a price-to-earnings-growth ratio of 20.12 and a beta of 0.26. Mobileye Global Inc. has a 52 week low of $10.48 and a 52 week high of $34.00. The firm has a 50-day moving average price of $17.58 and a 200-day moving average price of $15.69.

Mobileye Global (NASDAQ:MBLY - Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.08). Mobileye Global had a negative net margin of 186.82% and a negative return on equity of 0.33%. On average, research analysts expect that Mobileye Global Inc. will post 0.03 earnings per share for the current fiscal year.

Mobileye Global Company 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.