Alliancebernstein L.P. lowered its stake in shares of Mobileye N.V. (NYSE:MBLY) by 88.5% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 122,604 shares of the software maker’s stock after selling 940,160 shares during the period. Alliancebernstein L.P. owned approximately 0.06% of Mobileye N.V. worth $7,700,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Vivaldi Capital Management LLC boosted its position in shares of Mobileye N.V. by 40.9% during the 2nd quarter. Vivaldi Capital Management LLC now owns 88,192 shares of the software maker’s stock worth $5,538,458,000 after purchasing an additional 25,603 shares during the period. Chicago Capital Management LLC boosted its position in shares of Mobileye N.V. by 390.0% during the 2nd quarter. Chicago Capital Management LLC now owns 196,000 shares of the software maker’s stock worth $12,309,000 after purchasing an additional 156,000 shares during the period. Prudential Financial Inc. boosted its position in shares of Mobileye N.V. by 1.1% during the 1st quarter. Prudential Financial Inc. now owns 17,222 shares of the software maker’s stock worth $1,057,000 after purchasing an additional 182 shares during the period. Rosenblum Silverman Sutton S F Inc. CA boosted its position in shares of Mobileye N.V. by 0.8% during the 1st quarter. Rosenblum Silverman Sutton S F Inc. CA now owns 60,545 shares of the software maker’s stock worth $3,717,000 after purchasing an additional 510 shares during the period. Finally, P Schoenfeld Asset Management LP boosted its position in shares of Mobileye N.V. by 75.4% during the 2nd quarter. P Schoenfeld Asset Management LP now owns 1,025,956 shares of the software maker’s stock worth $64,430,000 after purchasing an additional 440,956 shares during the period. 60.95% of the stock is owned by hedge funds and other institutional investors.

Shares of Mobileye N.V. (NYSE:MBLY) opened at 62.67 on Thursday. Mobileye N.V. has a one year low of $33.69 and a one year high of $63.56. The stock has a 50 day moving average of $63.15 and a 200-day moving average of $61.19. The firm has a market capitalization of $13.91 billion, a price-to-earnings ratio of 122.88 and a beta of 0.90.

A number of equities research analysts have issued reports on the stock. BidaskClub upgraded shares of Mobileye N.V. from a “hold” rating to a “buy” rating in a report on Wednesday, June 28th. Jefferies Group LLC reiterated a “hold” rating and set a $63.54 target price on shares of Mobileye N.V. in a report on Thursday, July 6th. Two investment analysts have rated the stock with a sell rating, twenty-one have assigned a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $55.30.

WARNING: “Mobileye N.V. (MBLY) Shares Sold by Alliancebernstein L.P.” was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece on another publication, it was stolen and republished in violation of United States & international trademark and copyright laws. The correct version of this piece can be read at https://www.thecerbatgem.com/2017/09/28/mobileye-n-v-mbly-shares-sold-by-alliancebernstein-l-p.html.

Mobileye N.V. Profile

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.

Want to see what other hedge funds are holding MBLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mobileye N.V. (NYSE:MBLY).

Institutional Ownership by Quarter for Mobileye N.V. (NYSE:MBLY)

Receive News & Stock Ratings for Mobileye N.V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mobileye N.V. and related stocks with our FREE daily email newsletter.