Polianta Ltd Has $1.30 Million Stock Position in Mobileye Global Inc. (NASDAQ:MBLY)

Polianta Ltd trimmed its position in shares of Mobileye Global Inc. (NASDAQ:MBLY) by 31.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 65,400 shares of the company’s stock after selling 30,700 shares during the period. Mobileye Global accounts for approximately 0.6% of Polianta Ltd’s investment portfolio, making the stock its 28th biggest holding. Polianta Ltd’s holdings in Mobileye Global were worth $1,302,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in MBLY. Rakuten Securities Inc. lifted its holdings in shares of Mobileye Global by 140.2% during the third quarter. Rakuten Securities Inc. now owns 1,818 shares of the company’s stock worth $25,000 after buying an additional 1,061 shares during the last quarter. Versant Capital Management Inc grew its position in Mobileye Global by 580.0% in the 4th quarter. Versant Capital Management Inc now owns 1,326 shares of the company’s stock worth $26,000 after purchasing an additional 1,131 shares during the last quarter. FNY Investment Advisers LLC bought a new position in shares of Mobileye Global during the 4th quarter worth about $30,000. Quarry LP acquired a new position in shares of Mobileye Global during the third quarter valued at about $31,000. Finally, Quest Partners LLC acquired a new stake in Mobileye Global during the third quarter worth about $102,000. Institutional investors own 13.25% of the company’s stock.

Mobileye Global Stock Down 3.0 %

NASDAQ:MBLY opened at $16.02 on Friday. The stock’s fifty day moving average price is $17.82 and its two-hundred day moving average price is $16.69. Mobileye Global Inc. has a 52-week low of $10.48 and a 52-week high of $34.00.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on MBLY. Evercore ISI decreased their price objective on Mobileye Global from $35.00 to $30.00 and set an “outperform” rating on the stock in a report on Monday, October 14th. UBS Group boosted their price target on shares of Mobileye Global from $14.00 to $17.00 and gave the company a “neutral” rating in a report on Thursday. Loop Capital lifted their target price on shares of Mobileye Global from $20.00 to $23.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. Robert W. Baird increased their price target on shares of Mobileye Global from $17.00 to $18.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $20.00 price objective on shares of Mobileye Global in a report on Wednesday, December 11th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $23.81.

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.