Mobileye Global Inc (NASDAQ: MBLY) is -24.45% lower on its value in year-to-date trading and has touched a low of $10.48 and a high of $34.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MBLY stock was last observed hovering at around $15.59 in the last trading session, with the day’s loss setting it -0.54%.
Currently trading at $15.05, the stock is -8.43% and -11.82% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.36 million and changing -3.46% at the moment leaves the stock -17.00% off its SMA200. MBLY registered -45.88% loss for a year compared to 6-month gain of 19.26%.
The stock witnessed a -8.57% loss in the last 1 month and extending the period to 3 months gives it a -11.89%, and is 4.15% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.60% over the week and 6.93% over the month.
Mobileye Global Inc (MBLY) has around 3900 employees, a market worth around $12.22B and $1.65B in sales. Fwd P/E is 34.29. Profit margin for the company is -186.82%. Distance from 52-week low is 43.61% and -55.74% from its 52-week high. The company has generated returns on investments over the last 12 months (-25.49%).
with sales reaching $434.63M over the same period.The EPS is expected to grow by 16.77% this year, but quarterly earnings will post 6.27% year-over-year. Quarterly sales are estimated to grow 81.85% in year-over-year returns.
Mobileye Global Inc (MBLY) Top Institutional Holders
The shares outstanding are 100.23M, and float is at 93.20M with Short Float at 27.41%.
The top institutional shareholder in the company is BAILLIE GIFFORD & CO with over 15.8 million shares valued at $443.71 million. The investor’s holdings represent 1.9602% of the MBLY Shares outstanding. As of 2024-06-30, the second largest holder is FIL LTD with 3.8 million shares valued at $106.61 million to account for 0.471 of the shares outstanding. The other top investors are KODAI CAPITAL MANAGEMENT LP which holds 3.05 million shares representing 0.3789% and valued at over $85.76 million, while ATALAN CAPITAL PARTNERS, LP holds 0.3567 of the shares totaling 2.87 million with a market value of $80.73 million.
Mobileye Global Inc (MBLY) Insider Activity
The most recent transaction is an insider purchase by GELSINGER PATRICK P, the company’s Director. SEC filings show that GELSINGER PATRICK P bought 6,750 shares of the company’s common stock on Nov 04 ’24 at a price of $14.94 per share for a total of $0.1 million. Following the purchase, the insider now owns 0.14 million shares.
Mobileye Global Inc disclosed in a document filed with the SEC on Aug 05 ’24 that GELSINGER PATRICK P (Director) bought a total of 6,400 shares of the company’s common stock. The trade occurred on Aug 05 ’24 and was made at $15.48 per share for $99045.0. Following the transaction, the insider now directly holds 0.14 million shares of the MBLY stock.
Still, SEC filings show that on Aug 02 ’24, Shashua Amnon (CEO and President) acquired 631,963 shares at an average price of $16.51 for $10.43 million. The insider now directly holds 4,080,097 shares of Mobileye Global Inc (MBLY).
