Tidal Investments LLC Has $501,000 Stock Holdings in Mobileye Global Inc. (NASDAQ:MBLY)

Tidal Investments LLC boosted its position in shares of Mobileye Global Inc. (NASDAQ:MBLY) by 4.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 36,586 shares of the company’s stock after purchasing an additional 1,617 shares during the quarter. Tidal Investments LLC’s holdings in Mobileye Global were worth $501,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of MBLY. Rakuten Securities Inc. lifted its holdings in shares of Mobileye Global by 140.2% during the 3rd quarter. Rakuten Securities Inc. now owns 1,818 shares of the company’s stock valued at $25,000 after purchasing an additional 1,061 shares in the last quarter. Quarry LP bought a new position in Mobileye Global in the third quarter valued at approximately $31,000. Cranbrook Wealth Management LLC acquired a new position in shares of Mobileye Global in the second quarter valued at approximately $84,000. Quest Partners LLC acquired a new position in Mobileye Global in the 3rd quarter worth $102,000. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Mobileye Global by 1,019.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,819 shares of the company’s stock valued at $107,000 after purchasing an additional 3,478 shares during the period. 13.25% of the stock is owned by institutional investors.

Mobileye Global Stock Performance

NASDAQ:MBLY opened at $17.51 on Monday. Mobileye Global Inc. has a 52 week low of $10.48 and a 52 week high of $44.48. The firm’s 50-day simple moving average is $15.89 and its 200 day simple moving average is $18.01. The firm has a market cap of $14.20 billion, a price-to-earnings ratio of -4.80 and a beta of 0.44.

Analysts Set New Price Targets

Several research firms have recently weighed in on MBLY. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $10.00 price objective (down from $16.00) on shares of Mobileye Global in a research report on Monday, October 7th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $15.00 price objective on shares of Mobileye Global in a research report on Tuesday, September 10th. TD Cowen lifted their price target 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. BNP Paribas cut shares of Mobileye Global from a “neutral” rating to an “underperform” rating and set a $12.00 price target on the stock. in a research report on Wednesday, October 2nd. Finally, Wolfe Research raised Mobileye Global from a “peer perform” rating to an “outperform” rating in a research report on Thursday, December 5th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $23.38.

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.