Selz Capital LLC reduced its stake in shares of Mobileye N.V. (NYSE:MBLY) by 50.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 100,000 shares of the software maker’s stock after selling 100,000 shares during the period. Mobileye N.V. makes up approximately 1.8% of Selz Capital LLC’s investment portfolio, making the stock its 14th largest position. Selz Capital LLC’s holdings in Mobileye N.V. were worth $6,280,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of the stock. Comerica Bank raised its position in shares of Mobileye N.V. by 0.6% in the first quarter. Comerica Bank now owns 18,481 shares of the software maker’s stock worth $1,145,000 after buying an additional 118 shares during the last quarter. Prudential Financial Inc. raised its position in shares of Mobileye N.V. by 1.1% in the first quarter. Prudential Financial Inc. now owns 17,222 shares of the software maker’s stock worth $1,057,000 after buying an additional 182 shares during the last quarter. HighPoint Advisor Group LLC raised its position in shares of Mobileye N.V. by 5.5% in the fourth quarter. HighPoint Advisor Group LLC now owns 5,450 shares of the software maker’s stock worth $253,000 after buying an additional 284 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Mobileye N.V. by 14.8% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,426 shares of the software maker’s stock worth $149,000 after buying an additional 312 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its position in shares of Mobileye N.V. by 1.6% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 26,200 shares of the software maker’s stock worth $1,609,000 after buying an additional 400 shares during the last quarter. 61.97% of the stock is owned by institutional investors.
Shares of Mobileye N.V. (MBLY) remained flat at $63.49 during trading on Friday. The stock had a trading volume of 2,423,868 shares. The firm has a market capitalization of $14.09 billion, a price-to-earnings ratio of 124.49 and a beta of 0.90. Mobileye N.V. has a 1-year low of $33.69 and a 1-year high of $63.50. The stock has a 50 day moving average of $63.04 and a 200 day moving average of $57.27.
Mobileye N.V. (NYSE:MBLY) last issued its quarterly earnings results on Thursday, June 1st. The software maker reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.07. The company had revenue of $124.70 million during the quarter, compared to analysts’ expectations of $118.52 million. Mobileye N.V. had a return on equity of 17.78% and a net margin of 29.43%. The business’s quarterly revenue was up 65.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.15 earnings per share. Analysts forecast that Mobileye N.V. will post $1.05 EPS for the current year.
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A number of research analysts recently commented on MBLY shares. Robert W. Baird lowered Mobileye N.V. from an “outperform” rating to a “neutral” rating and set a $64.00 target price for the company. in a research note on Thursday, April 20th. Jefferies Group LLC restated a “hold” rating and issued a $64.00 target price on shares of Mobileye N.V. in a research note on Tuesday, April 25th. Vetr upgraded Mobileye N.V. from a “sell” rating to a “hold” rating and set a $63.50 target price for the company in a research note on Wednesday, April 26th. Royal Bank Of Canada reiterated a “hold” rating and set a $63.54 price objective on shares of Mobileye N.V. in a research note on Friday, May 19th. Finally, BidaskClub upgraded Mobileye N.V. from a “sell” rating to a “hold” rating in a research note on Friday, June 9th. Two analysts have rated the stock with a sell rating, twenty-two have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $55.85.
About Mobileye N.V.
Mobileye N.V. is engaged in the development of computer vision and machine learning-based sensing, mapping and driving policy technology for advanced driver assistance systems and autonomous driving technologies. The Company operates through two segments: Original Equipment Manufacturing, which supplies the software algorithms and EyeQ chip, and After Market, which sells a complete system, which includes its software algorithms and EyeQ chip, as well as the camera and other necessary components.
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