Nebula Research & Development LLC Purchases 20,860 Shares of Mobileye Global Inc. (NASDAQ:MBLY)

Nebula Research & Development LLC lifted its position in Mobileye Global Inc. (NASDAQ:MBLY - Free Report) by 78.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,384 shares of the company's stock after acquiring an additional 20,860 shares during the quarter. Nebula Research & Development LLC's holdings in Mobileye Global were worth $944,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Parkside Financial Bank & Trust grew its stake in Mobileye Global by 147.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,237 shares of the company's stock valued at $25,000 after purchasing an additional 737 shares during the period. Versant Capital Management Inc grew its position in Mobileye Global by 580.0% during the fourth quarter. Versant Capital Management Inc now owns 1,326 shares of the company's stock valued at $26,000 after buying an additional 1,131 shares during the period. FNY Investment Advisers LLC purchased a new stake in Mobileye Global during the fourth quarter worth about $30,000. Global Retirement Partners LLC raised its position in Mobileye Global by 136.9% in the fourth quarter. Global Retirement Partners LLC now owns 1,613 shares of the company's stock worth $32,000 after acquiring an additional 932 shares during the period. Finally, Strategic Investment Solutions Inc. IL purchased a new position in Mobileye Global in the fourth quarter valued at about $40,000. Hedge funds and other institutional investors own 13.25% of the company's stock.

Mobileye Global Price Performance

Shares of NASDAQ:MBLY traded up $0.21 on Friday, hitting $14.61. The company's stock had a trading volume of 1,960,406 shares, compared to its average volume of 5,446,504. Mobileye Global Inc. has a 1 year low of $10.48 and a 1 year high of $33.26. The company has a market capitalization of $11.86 billion, a PE ratio of -3.82, a PEG ratio of 69.54 and a beta of 0.39. The company has a 50-day simple moving average of $14.35 and a 200 day simple moving average of $15.96.

Mobileye Global (NASDAQ:MBLY - Get Free Report) last announced its earnings results on Thursday, April 24th. The company reported $0.08 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.08. The business had revenue of $438.00 million during the quarter, compared to analyst estimates of $434.87 million. Mobileye Global had a negative net margin of 186.82% and a negative return on equity of 0.34%. Mobileye Global's revenue for the quarter was up 83.3% on a year-over-year basis. During the same period in the previous year, the business posted ($0.07) earnings per share. On average, equities research analysts expect that Mobileye Global Inc. will post 0.01 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on MBLY shares. Oppenheimer assumed coverage on shares of Mobileye Global in a report on Wednesday, January 15th. They issued an "outperform" rating and a $28.00 price target on the stock. BNP Paribas raised Mobileye Global from an "underperform" rating to a "neutral" rating and set a $11.00 price target on the stock in a research report on Wednesday, April 23rd. StockNews.com raised Mobileye Global to a "sell" rating in a report on Tuesday. Robert W. Baird upped their price objective on shares of Mobileye Global from $17.00 to $18.00 and gave the company an "outperform" rating in a report on Friday, April 25th. Finally, Needham & Company LLC reduced their target price on shares of Mobileye Global from $20.00 to $18.00 and set a "buy" rating for the company in a research note on Thursday, April 24th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $18.63.

Mobileye Global 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.