Mobileye Global Inc. (NASDAQ:MBLY) Shares Acquired by Wisconsin Capital Management LLC

Wisconsin Capital Management LLC grew its holdings in Mobileye Global Inc. (NASDAQ:MBLY) by 25.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 27,328 shares of the company’s stock after buying an additional 5,500 shares during the quarter. Wisconsin Capital Management LLC’s holdings in Mobileye Global were worth $1,184,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of MBLY. CWM LLC acquired a new position in shares of Mobileye Global during the 3rd quarter worth $25,000. ARK Investment Management LLC boosted its stake in shares of Mobileye Global by 16.2% during the 3rd quarter. ARK Investment Management LLC now owns 52,581 shares of the company’s stock worth $2,185,000 after acquiring an additional 7,342 shares in the last quarter. Slow Capital Inc. grew its holdings in shares of Mobileye Global by 8.3% in the 3rd quarter. Slow Capital Inc. now owns 90,367 shares of the company’s stock worth $3,755,000 after acquiring an additional 6,938 shares during the period. Golden State Equity Partners purchased a new position in Mobileye Global in the 3rd quarter valued at approximately $208,000. Finally, Commonwealth Equity Services LLC increased its stake in Mobileye Global by 20.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 15,489 shares of the company’s stock valued at $644,000 after purchasing an additional 2,640 shares in the last quarter. Hedge funds and other institutional investors own 13.25% of the company’s stock.

Insider Buying and Selling at Mobileye Global

In other Mobileye Global news, Director Patrick P. Gelsinger bought 3,600 shares of the business’s stock in a transaction dated Monday, January 29th. The shares were acquired at an average price of $27.75 per share, with a total value of $99,900.00. Following the purchase, the director now owns 129,095 shares in the company, valued at approximately $3,582,386.25. The purchase was disclosed in a document filed with the SEC, which is available through this link. 2.60% of the stock is currently owned by corporate insiders.

Mobileye Global Stock Down 0.7 %

Shares of MBLY stock traded down $0.22 on Thursday, reaching $30.90. 5,435,354 shares of the stock were exchanged, compared to its average volume of 4,599,394. The firm has a 50 day moving average of $29.16 and a two-hundred day moving average of $33.47. Mobileye Global Inc. has a 1-year low of $23.49 and a 1-year high of $47.41. The stock has a market cap of $24.91 billion, a P/E ratio of -772.31, a price-to-earnings-growth ratio of 14.15 and a beta of -0.21.

Mobileye Global (NASDAQ:MBLY) last released its quarterly earnings data on Thursday, January 25th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.01. The business had revenue of $637.00 million for the quarter, compared to analyst estimates of $637.53 million. Mobileye Global had a positive return on equity of 2.91% and a negative net margin of 1.30%. The company’s revenue was up 12.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.27 EPS. On average, equities research analysts predict that Mobileye Global Inc. will post 0.14 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

MBLY has been the subject of several research reports. Barclays cut their price target on Mobileye Global from $46.00 to $43.00 and set an “overweight” rating for the company in a research note on Friday, January 26th. Bank of America cut Mobileye Global from a “neutral” rating to an “underperform” rating and lowered their target price for the company from $47.00 to $22.00 in a report on Thursday, January 4th. TD Cowen cut their price target on Mobileye Global from $38.00 to $35.00 and set an “outperform” rating for the company in a report on Friday, January 26th. Robert W. Baird decreased their price objective on Mobileye Global from $43.00 to $42.00 and set an “outperform” rating on the stock in a research note on Friday, January 26th. Finally, Raymond James cut their target price on shares of Mobileye Global from $48.00 to $40.00 in a research note on Monday, January 22nd. Two analysts have rated the stock with a sell rating, two have issued a hold rating and fifteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $43.62.

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.