Atria Investments Inc Buys 16,862 Shares of Mobileye Global Inc. (NASDAQ:MBLY)

Atria Investments Inc raised its stake in shares of Mobileye Global Inc. (NASDAQ:MBLY) by 168.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 26,860 shares of the company’s stock after purchasing an additional 16,862 shares during the quarter. Atria Investments Inc’s holdings in Mobileye Global were worth $368,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. The Manufacturers Life Insurance Company grew its position in Mobileye Global by 807.3% during the second quarter. The Manufacturers Life Insurance Company now owns 9,073,601 shares of the company’s stock worth $254,832,000 after buying an additional 8,073,552 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Mobileye Global by 4.2% during the second quarter. Bank of New York Mellon Corp now owns 2,347,269 shares of the company’s stock valued at $65,923,000 after purchasing an additional 94,946 shares during the period. 1832 Asset Management L.P. raised its stake in shares of Mobileye Global by 5,308.1% in the first quarter. 1832 Asset Management L.P. now owns 2,206,500 shares of the company’s stock valued at $70,939,000 after purchasing an additional 2,165,700 shares in the last quarter. Janus Henderson Group PLC acquired a new position in shares of Mobileye Global in the 1st quarter valued at $69,638,000. Finally, M&G Plc lifted its holdings in shares of Mobileye Global by 8.9% during the 2nd quarter. M&G Plc now owns 1,350,945 shares of the company’s stock worth $37,826,000 after acquiring an additional 110,032 shares during the period. Institutional investors and hedge funds own 13.25% of the company’s stock.

Mobileye Global Stock Performance

Shares of Mobileye Global stock opened at $17.34 on Friday. The firm has a market cap of $14.07 billion, a PE ratio of -4.75 and a beta of 0.07. The business’s 50 day simple moving average is $13.75 and its 200 day simple moving average is $19.49. Mobileye Global Inc. has a 52-week low of $10.48 and a 52-week high of $44.48.

Analyst Ratings Changes

Several brokerages have recently commented on MBLY. TD Cowen boosted their target price on shares of Mobileye Global from $15.00 to $19.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Mizuho lifted their target price on Mobileye Global from $13.00 to $15.00 and gave the company a “neutral” rating in a research note on Monday. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $10.00 price target (down previously from $16.00) on shares of Mobileye Global in a research note on Monday, October 7th. Loop Capital assumed coverage on Mobileye Global in a research report on Tuesday, November 12th. They issued a “buy” rating and a $20.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $15.00 target price on shares of Mobileye Global in a research report on Tuesday, September 10th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Mobileye Global currently has a consensus rating of “Hold” and an average target price of $23.14.

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.