Mobileye N.V. (MBLY) Shares Sold by Baillie Gifford & Co.
Baillie Gifford & Co. trimmed its holdings in shares of Mobileye N.V. (NYSE:MBLY) by 19.7% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,123,909 shares of the software maker’s stock after selling 1,257,956 shares during the period. Baillie Gifford & Co. owned approximately 2.31% of Mobileye N.V. worth $321,781,000 as of its most recent filing with the SEC.
Other institutional investors have also bought and sold shares of the company. Sumitomo Mitsui Financial Group Inc. bought a new position in shares of Mobileye N.V. during the 1st quarter worth approximately $126,000. Chicago Partners Investment Group LLC bought a new position in shares of Mobileye N.V. during the 2nd quarter worth approximately $138,000. Victory Capital Management Inc. boosted its holdings in shares of Mobileye N.V. by 44.1% during the 2nd quarter. Victory Capital Management Inc. now owns 2,236 shares of the software maker’s stock worth $140,000 after buying an additional 684 shares in the last quarter. WFG Advisors LP boosted its holdings in shares of Mobileye N.V. by 58,750.0% during the 1st quarter. WFG Advisors LP now owns 2,354 shares of the software maker’s stock worth $145,000 after buying an additional 2,350 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Mobileye N.V. by 14.8% during the 1st 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 in the last quarter. Hedge funds and other institutional investors own 60.95% of the company’s stock.
Mobileye N.V. (NYSE MBLY) traded down 0.43% during midday trading on Friday, reaching $62.67. The company had a trading volume of 741,638 shares. The stock has a market capitalization of $13.91 billion, a PE ratio of 122.88 and a beta of 0.90. Mobileye N.V. has a 12-month low of $33.69 and a 12-month high of $63.56. The company has a 50-day moving average of $63.21 and a 200-day moving average of $60.76.
A number of equities analysts have recently weighed in on the company. BidaskClub raised Mobileye N.V. from a “hold” rating to a “buy” rating in a research report on Wednesday, June 28th. Jefferies Group LLC reaffirmed a “hold” rating and set a $63.54 target price on shares of Mobileye N.V. in a research report on Wednesday, May 31st. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and set a $63.54 target price on shares of Mobileye N.V. in a research report on Friday, May 19th. Two research analysts have rated the stock with a sell rating, twenty-two have issued a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $55.73.
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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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