Y.D. More Investments Ltd Buys 41,650 Shares of Mobileye Global Inc. (NASDAQ:MBLY)

Y.D. More Investments Ltd boosted its position in shares of Mobileye Global Inc. (NASDAQ:MBLY) by 117.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 77,150 shares of the company’s stock after acquiring an additional 41,650 shares during the period. Y.D. More Investments Ltd’s holdings in Mobileye Global were worth $1,537,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in MBLY. Daymark Wealth Partners LLC bought a new position in Mobileye Global in the third quarter worth $144,000. Sanders Morris Harris LLC acquired a new stake in shares of Mobileye Global during the 3rd quarter valued at about $274,000. Tobam increased its stake in Mobileye Global by 52.2% in the third quarter. Tobam now owns 132,015 shares of the company’s stock valued at $1,809,000 after acquiring an additional 45,268 shares during the period. Guinness Atkinson Asset Management Inc raised its position in Mobileye Global by 16.9% in the third quarter. Guinness Atkinson Asset Management Inc now owns 8,700 shares of the company’s stock worth $119,000 after purchasing an additional 1,257 shares in the last quarter. Finally, Polianta Ltd boosted its holdings in Mobileye Global by 139.1% during the third quarter. Polianta Ltd now owns 96,100 shares of the company’s stock valued at $1,316,000 after purchasing an additional 55,900 shares in the last quarter. Institutional investors and hedge funds own 13.25% of the company’s stock.

Mobileye Global Stock Down 0.7 %

Mobileye Global stock opened at $15.92 on Wednesday. Mobileye Global Inc. has a 1-year low of $10.48 and a 1-year high of $34.00. The company has a fifty day simple moving average of $17.68 and a 200 day simple moving average of $15.73.

Mobileye Global (NASDAQ:MBLY) last announced its quarterly earnings data on Thursday, January 30th. The company reported $0.04 earnings per share 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, equities analysts expect that Mobileye Global Inc. will post 0.21 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on MBLY. Needham & Company LLC reissued a “buy” rating and issued a $20.00 target price on shares of Mobileye Global in a report on Friday, January 31st. Mizuho lowered their target price on shares of Mobileye Global from $17.00 to $16.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. Barclays raised their price objective on shares of Mobileye Global from $18.00 to $22.00 and gave the stock an “overweight” rating in a report on Wednesday, January 22nd. The Goldman Sachs Group decreased their price target on Mobileye Global from $20.00 to $18.00 and set a “buy” rating on the stock in a research report on Friday, January 31st. Finally, Robert W. Baird increased their target price on Mobileye Global from $17.00 to $18.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $23.05.

About Mobileye Global

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.