Nebula Research & Development LLC boosted its holdings in shares of Mobileye Global Inc. (NASDAQ:MBLY - Free Report) by 78.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,384 shares of the company's stock after acquiring an additional 20,860 shares during the period. Nebula Research & Development LLC's holdings in Mobileye Global were worth $944,000 at the end of the most recent reporting period.
Other hedge funds have also recently made changes to their positions in the company. Parkside Financial Bank & Trust increased its holdings in Mobileye Global by 147.4% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,237 shares of the company's stock valued at $25,000 after buying an additional 737 shares during the last quarter. Versant Capital Management Inc grew its position in shares of Mobileye Global by 580.0% during the fourth quarter. Versant Capital Management Inc now owns 1,326 shares of the company's stock worth $26,000 after purchasing an additional 1,131 shares in the last quarter. FNY Investment Advisers LLC bought a new position in Mobileye Global in the 4th quarter worth approximately $30,000. Global Retirement Partners LLC raised its position in shares of Mobileye Global by 136.9% during the fourth quarter. Global Retirement Partners LLC now owns 1,613 shares of the company's stock valued at $32,000 after buying an additional 932 shares during the last quarter. Finally, Strategic Investment Solutions Inc. IL purchased a new position in shares of Mobileye Global in the fourth quarter worth $40,000. 13.25% of the stock is owned by institutional investors.
Mobileye Global Stock Performance
Mobileye Global stock traded down $0.18 during trading hours on Thursday, hitting $14.40. The company had a trading volume of 2,440,384 shares, compared to its average volume of 5,423,989. Mobileye Global Inc. has a 1 year low of $10.48 and a 1 year high of $33.26. The firm has a market cap of $11.69 billion, a P/E ratio of -3.77, a P/E/G ratio of 69.54 and a beta of 0.39. The company has a 50-day moving average price of $14.42 and a two-hundred day moving average price of $15.91.
Mobileye Global (NASDAQ:MBLY - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The company reported $0.08 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.08. The business had revenue of $438.00 million for the quarter, compared to the consensus estimate of $434.87 million. Mobileye Global had a negative return on equity of 0.34% and a negative net margin of 186.82%. The business's revenue was up 83.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.07) EPS. As a group, equities research analysts anticipate that Mobileye Global Inc. will post 0.01 EPS for the current year.
Analysts Set New Price Targets
A number of analysts have issued reports on MBLY shares. Mizuho reduced their price target on shares of Mobileye Global from $16.00 to $15.00 and set a "neutral" rating on the stock in a report on Friday, April 25th. UBS Group decreased their target price on Mobileye Global from $17.00 to $14.00 and set a "neutral" rating on the stock in a research report on Thursday, April 10th. Needham & Company LLC cut their price target on Mobileye Global from $20.00 to $18.00 and set a "buy" rating for the company in a report on Thursday, April 24th. Robert W. Baird upped their price objective on Mobileye Global from $17.00 to $18.00 and gave the stock an "outperform" rating in a report on Friday, April 25th. Finally, StockNews.com raised shares of Mobileye Global to a "sell" rating in a report on Tuesday. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $18.63.
View Our Latest 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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