Mobileye Global Inc. (NASDAQ:MBLY) Stake Boosted by Y.D. More Investments Ltd

Y.D. More Investments Ltd grew its holdings in shares of Mobileye Global Inc. (NASDAQ:MBLY) by 117.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 77,150 shares of the company’s stock after purchasing an additional 41,650 shares during the period. Y.D. More Investments Ltd’s holdings in Mobileye Global were worth $1,537,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. BCGM Wealth Management LLC increased its holdings in shares of Mobileye Global by 178.0% in the 3rd quarter. BCGM Wealth Management LLC now owns 190,595 shares of the company’s stock worth $2,611,000 after acquiring an additional 122,031 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Mobileye Global by 168.4% during 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 during the last quarter. Geode Capital Management LLC boosted its position 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 buying an additional 279,082 shares during the period. PFG Investments LLC bought a new position in Mobileye Global in the 3rd quarter worth approximately $635,000. Finally, Paloma Partners Management Co bought a new stake in Mobileye Global during the 3rd quarter valued at $2,598,000. 13.25% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

MBLY has been the topic of a number of research analyst reports. Needham & Company LLC reissued a “buy” rating and set a $20.00 price target on shares of Mobileye Global in a report on Friday, January 31st. Wolfe Research raised shares of Mobileye Global from a “peer perform” rating to an “outperform” rating in a research note on Thursday, December 5th. The Goldman Sachs Group cut their target price on Mobileye Global from $20.00 to $18.00 and set a “buy” rating for the company in a research report on Friday, January 31st. Loop Capital boosted their price objective on Mobileye Global from $20.00 to $23.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th. Finally, Canaccord Genuity Group cut their price objective on Mobileye Global from $27.00 to $25.00 and set a “buy” rating for the company in a report on Friday, November 1st. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $23.05.

Mobileye Global Stock Performance

Mobileye Global stock opened at $15.92 on Wednesday. Mobileye Global Inc. has a 12 month low of $10.48 and a 12 month high of $34.00. The company’s fifty day simple moving average is $17.68 and its 200-day simple moving average is $15.73.

Mobileye Global (NASDAQ:MBLY) last released its quarterly earnings data 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, analysts forecast that Mobileye Global Inc. will post 0.21 EPS for the current 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.