Stifel Financial Corp lifted its position in shares of Mobileye Global Inc. (NASDAQ:MBLY - Free Report) by 101.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 179,236 shares of the company's stock after acquiring an additional 90,436 shares during the quarter. Stifel Financial Corp's holdings in Mobileye Global were worth $2,456,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Rakuten Securities Inc. increased its holdings in Mobileye Global by 140.2% in the third 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. Quarry LP bought a new position in Mobileye Global during the third quarter worth $31,000. Cranbrook Wealth Management LLC bought a new stake in Mobileye Global in the second quarter valued at $84,000. Quest Partners LLC bought a new position in shares of Mobileye Global during the 3rd quarter worth about $102,000. Finally, EverSource Wealth Advisors LLC increased its position 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 valued at $107,000 after buying an additional 3,478 shares in the last quarter. Institutional investors and hedge funds own 13.25% of the company's stock.
Mobileye Global Stock Performance
Mobileye Global stock traded up $0.37 during mid-day trading on Thursday, hitting $17.72. The company's stock had a trading volume of 7,384,634 shares, compared to its average volume of 5,235,200. The stock has a market cap of $14.37 billion, a PE ratio of -4.85 and a beta of 0.44. Mobileye Global Inc. has a one year low of $10.48 and a one year high of $44.48. The company has a 50 day moving average of $15.80 and a 200-day moving average of $18.13.
Analysts Set New Price Targets
MBLY has been the subject of several recent research reports. Canaccord Genuity Group decreased their price target on Mobileye Global from $27.00 to $25.00 and set a "buy" rating for the company in a report on Friday, November 1st. TD Cowen increased their price target on Mobileye Global from $15.00 to $19.00 and gave the stock a "buy" rating in a research note on Friday, November 1st. JPMorgan Chase & Co. reiterated an "underweight" rating and issued a $10.00 price objective (down from $16.00) on shares of Mobileye Global in a research note on Monday, October 7th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a $15.00 price target on shares of Mobileye Global in a report on Tuesday, September 10th. Finally, Evercore ISI lowered their price objective on Mobileye Global from $35.00 to $30.00 and set an "outperform" rating on the stock in a research report on Monday, October 14th. Three analysts have rated the stock with a sell rating, ten have given a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $23.38.
Check Out Our Latest Stock Analysis on Mobileye Global
About Mobileye Global
(
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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