Qsemble Capital Management LP Raises Stock Holdings in Mobileye Global Inc. (NASDAQ:MBLY)

Qsemble Capital Management LP raised its position in shares of Mobileye Global Inc. (NASDAQ:MBLYFree Report) by 543.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 57,558 shares of the company’s stock after buying an additional 48,612 shares during the quarter. Qsemble Capital Management LP’s holdings in Mobileye Global were worth $789,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. BCGM Wealth Management LLC boosted its stake in Mobileye Global by 178.0% during the third quarter. BCGM Wealth Management LLC now owns 190,595 shares of the company’s stock worth $2,611,000 after acquiring an additional 122,031 shares in the last quarter. Raymond James & Associates raised its position in shares of Mobileye Global by 258.7% in the 2nd quarter. Raymond James & Associates now owns 336,417 shares of the company’s stock worth $9,448,000 after purchasing an additional 242,640 shares during the last quarter. AXA S.A. lifted its stake in shares of Mobileye Global by 35.6% in the second quarter. AXA S.A. now owns 518,076 shares of the company’s stock worth $14,550,000 after buying an additional 135,967 shares in the last quarter. M&G Plc lifted its position in Mobileye Global by 8.9% in the 2nd quarter. M&G Plc now owns 1,350,945 shares of the company’s stock valued at $37,826,000 after acquiring an additional 110,032 shares in the last quarter. Finally, PFG Investments LLC purchased a new stake in shares of Mobileye Global during the third quarter valued at $635,000. Institutional investors own 13.25% of the company’s stock.

Mobileye Global Trading Down 3.1 %

Shares of MBLY stock opened at $17.92 on Wednesday. The company’s fifty day simple moving average is $14.03 and its two-hundred day simple moving average is $19.21. Mobileye Global Inc. has a 52 week low of $10.48 and a 52 week high of $44.48.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Wolfe Research downgraded shares of Mobileye Global from an “outperform” rating to a “peer perform” rating in a research report on Thursday, September 5th. Barclays dropped their price target on Mobileye Global from $19.00 to $18.00 and set an “overweight” rating on the stock in a research note on Monday, November 4th. Daiwa America cut Mobileye Global from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 5th. The Goldman Sachs Group lowered their target price on Mobileye Global from $24.00 to $20.00 and set a “buy” rating on the stock in a report on Tuesday, October 1st. Finally, Westpark Capital restated a “hold” rating on shares of Mobileye Global in a research note on Wednesday, July 31st. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $23.14.

Read Our Latest Stock Analysis on Mobileye Global

Mobileye Global Profile

(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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Institutional Ownership by Quarter for Mobileye Global (NASDAQ:MBLY)

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