Commonwealth Equity Services LLC lifted its stake in Mobileye Global Inc. (NASDAQ:MBLY - Free Report) by 273.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 51,028 shares of the company's stock after buying an additional 37,353 shares during the period. Commonwealth Equity Services LLC's holdings in Mobileye Global were worth $1,016,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Parkside Financial Bank & Trust boosted its holdings in shares of Mobileye Global by 147.4% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,237 shares of the company's stock worth $25,000 after purchasing an additional 737 shares during the period. Global Retirement Partners LLC lifted its holdings in Mobileye Global by 136.9% in the 4th quarter. Global Retirement Partners LLC now owns 1,613 shares of the company's stock worth $32,000 after buying an additional 932 shares during the period. Versant Capital Management Inc lifted its holdings in Mobileye Global by 580.0% in the 4th quarter. Versant Capital Management Inc now owns 1,326 shares of the company's stock worth $26,000 after buying an additional 1,131 shares during the period. Daymark Wealth Partners LLC grew its position in shares of Mobileye Global by 10.9% in the 4th quarter. Daymark Wealth Partners LLC now owns 11,692 shares of the company's stock worth $233,000 after buying an additional 1,147 shares during the last quarter. Finally, FNY Investment Advisers LLC purchased a new position in shares of Mobileye Global during the fourth quarter valued at approximately $30,000. 13.25% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
MBLY has been the topic of several recent analyst reports. Piper Sandler lifted their price target on shares of Mobileye Global from $16.00 to $17.00 and gave the company a "neutral" rating in a report on Thursday, March 20th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $11.00 price objective on shares of Mobileye Global in a research report on Thursday, December 5th. Loop Capital lifted their price target on Mobileye Global from $20.00 to $23.00 and gave the company a "buy" rating in a research report on Wednesday, December 18th. Mizuho decreased their price objective on Mobileye Global from $17.00 to $16.00 and set a "neutral" rating for the company in a report on Friday, January 31st. Finally, Oppenheimer initiated coverage on shares of Mobileye Global in a report on Wednesday, January 15th. They set an "outperform" rating and a $28.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $22.24.
View Our Latest Stock Analysis on MBLY
Mobileye Global Stock Performance
Shares of MBLY stock traded down $1.42 during mid-day trading on Friday, reaching $12.84. 2,984,900 shares of the company's stock traded hands, compared to its average volume of 5,297,082. The firm has a 50 day moving average price of $15.89 and a two-hundred day moving average price of $15.83. The firm has a market capitalization of $10.41 billion, a PE ratio of -3.34, a price-to-earnings-growth ratio of 69.54 and a beta of 0.29. Mobileye Global Inc. has a 12 month low of $10.48 and a 12 month high of $34.00.
Mobileye Global (NASDAQ:MBLY - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The company reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.12 by ($0.08). Mobileye Global had a negative return on equity of 0.34% and a negative net margin of 186.82%. As a group, equities analysts expect that Mobileye Global Inc. will post 0.01 earnings per share for the current fiscal year.
Mobileye Global Profile
(
Free Report)
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.
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