Mobileye Global Inc. (NASDAQ:MBLY) Shares Bought by Atria Investments Inc

Atria Investments Inc lifted its position in shares of Mobileye Global Inc. (NASDAQ:MBLY) by 168.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 26,860 shares of the company’s stock after acquiring an additional 16,862 shares during the period. 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 modified their holdings of the company. Cranbrook Wealth Management LLC acquired a new stake in Mobileye Global in the second quarter worth about $84,000. EverSource Wealth Advisors LLC increased its stake in shares of Mobileye Global by 1,019.9% during the second quarter. EverSource Wealth Advisors LLC now owns 3,819 shares of the company’s stock valued at $107,000 after acquiring an additional 3,478 shares during the period. Guinness Atkinson Asset Management Inc raised its holdings in Mobileye Global by 16.9% during the third quarter. Guinness Atkinson Asset Management Inc now owns 8,700 shares of the company’s stock worth $119,000 after purchasing an additional 1,257 shares in the last quarter. Avitas Wealth Management LLC acquired a new stake in Mobileye Global in the third quarter worth approximately $137,000. Finally, Daymark Wealth Partners LLC acquired a new position in shares of Mobileye Global during the 3rd quarter valued at $144,000. Institutional investors and hedge funds own 13.25% of the company’s stock.

Mobileye Global Price Performance

NASDAQ MBLY opened at $17.34 on Friday. The firm has a market cap of $14.07 billion, a P/E ratio of -4.75 and a beta of 0.07. The stock’s 50-day moving average is $13.75 and its two-hundred day moving average is $19.49. Mobileye Global Inc. has a fifty-two week low of $10.48 and a fifty-two week high of $44.48.

Analyst Upgrades and Downgrades

MBLY has been the topic of several recent research reports. Loop Capital started coverage on shares of Mobileye Global in a research note on Tuesday, November 12th. They issued a “buy” rating and a $20.00 price objective on the stock. Mizuho raised their target price on shares of Mobileye Global from $13.00 to $15.00 and gave the stock a “neutral” rating in a report on Monday. Wolfe Research lowered shares of Mobileye Global from an “outperform” rating to a “peer perform” rating in a report on Thursday, September 5th. Robert W. Baird upped their price target on shares of Mobileye Global from $17.00 to $18.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Finally, UBS Group lowered Mobileye Global from a “buy” rating to a “neutral” rating and reduced their target price for the company from $20.00 to $14.00 in a report on Friday, October 4th. 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 issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Mobileye Global has a consensus rating of “Hold” and a consensus target price of $23.14.

Mobileye Global Company 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.