By otakuyassine3@gmail.com 
Sanders Morris Harris LLC raised its holdings in Mobileye Global Inc. (NASDAQ:MBLY – Free Report) by 100.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 40,000 shares of the company’s stock after acquiring an additional 20,000 shares during the period. Sanders Morris Harris LLC’s holdings in Mobileye Global were worth $801,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently modified their holdings of MBLY. BCGM Wealth Management LLC lifted its holdings in shares of Mobileye Global by 178.0% during the 3rd quarter. BCGM Wealth Management LLC now owns 190,595 shares of the company’s stock valued at $2,611,000 after purchasing an additional 122,031 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Mobileye Global by 168.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,526,234 shares of the company’s stock valued at $20,909,000 after buying an additional 957,565 shares in the last quarter. AXA S.A. increased its position in shares of Mobileye Global by 35.6% during the second quarter. AXA S.A. now owns 518,076 shares of the company’s stock worth $14,550,000 after acquiring an additional 135,967 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Mobileye Global by 24.2% during the third quarter. Geode Capital Management LLC now owns 1,431,325 shares of the company’s stock worth $19,615,000 after acquiring an additional 279,082 shares during the period. Finally, PFG Investments LLC acquired a new stake in shares of Mobileye Global during the third quarter worth $635,000. 13.25% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
MBLY has been the subject of a number of research reports. Oppenheimer began coverage on Mobileye Global in a report on Wednesday. They set an “outperform” rating and a $28.00 target price for the company. The Goldman Sachs Group dropped their target price on Mobileye Global from $24.00 to $20.00 and set a “buy” rating on the stock in a research report on Tuesday, October 1st. Wolfe Research raised Mobileye Global from a “peer perform” rating to an “outperform” rating in a research report on Thursday, December 5th. BNP Paribas downgraded shares of Mobileye Global from a “neutral” rating to an “underperform” rating and set a $12.00 price objective on the stock. in a report on Wednesday, October 2nd. 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, December 5th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Mobileye Global has a consensus rating of “Hold” and an average price target of $23.67.
View Our Latest Stock Analysis on Mobileye Global
Mobileye Global Price Performance
Shares of Mobileye Global stock opened at $17.19 on Thursday. Mobileye Global Inc. has a 1 year low of $10.48 and a 1 year high of $34.00. The company has a market capitalization of $13.94 billion, a price-to-earnings ratio of -4.71, a P/E/G ratio of 13.46 and a beta of 0.30. The business has a fifty day simple moving average of $17.83 and a two-hundred day simple moving average of $16.85.
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.
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