Mobileye Global Inc (NASDAQ: MBLY) is -19.88% lower on its value in year-to-date trading and has touched a low of $10.48 and a high of $33.26 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 $15.94 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $15.96, the stock is 7.01% and 9.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.21 million and changing 0.13% at the moment leaves the stock 4.57% off its SMA200. MBLY registered -44.43% loss for a year compared to 6-month loss of -5.73%.
The stock witnessed a 29.76% gain in the last 1 month and extending the period to 3 months gives it a -11.19%, and is -2.09% down 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 4.78% over the week and 4.64% over the month.
Mobileye Global Inc (MBLY) has around 3900 employees, a market worth around $12.96B and $1.85B in sales. Fwd P/E is 39.77. Profit margin for the company is -160.50%. Distance from 52-week low is 52.29% and -52.01% from its 52-week high. The company has generated returns on investments over the last 12 months (-24.68%).
The EPS is expected to grow by 15.09% this year.
Mobileye Global Inc (MBLY) Top Institutional Holders
The shares outstanding are 100.50M, and float is at 94.14M with Short Float at 24.15%.
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 NORGES BANK with 9.26 million shares valued at $259.99 million to account for 1.1485 of the shares outstanding. The other top investors are MANUFACTURERS LIFE INSURANCE COMPANY, THE which holds 9.07 million shares representing 1.1258% and valued at over $254.83 million, while THRIVENT FINANCIAL FOR LUTHERANS holds 0.5728 of the shares totaling 4.62 million with a market value of $129.67 million.
Mobileye Global Inc (MBLY) Insider Activity
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Mobileye Global Inc disclosed in a document filed with the SEC on Nov 04 ’24 that GELSINGER PATRICK P (Director) bought a total of 6,750 shares of the company’s common stock. The trade occurred on Nov 04 ’24 and was made at $14.94 per share for $0.1 million. Following the transaction, the insider now directly holds 0.14 million shares of the MBLY stock.
Still, SEC filings show that on Aug 05 ’24, GELSINGER PATRICK P (Director) acquired 6,400 shares at an average price of $15.48 for $99045.0. The insider now directly holds 139,106 shares of Mobileye Global Inc (MBLY).
