Mobileye N.V. (MBLY) Shares Sold by Nationwide Fund Advisors
Nationwide Fund Advisors lowered its stake in shares of Mobileye N.V. (NYSE:MBLY) by 21.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 106,192 shares of the software maker’s stock after selling 29,030 shares during the quarter. Nationwide Fund Advisors’ holdings in Mobileye N.V. were worth $6,669,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently bought and sold shares of MBLY. BlackRock Inc. raised its position in shares of Mobileye N.V. by 3,937.9% in the 1st quarter. BlackRock Inc. now owns 5,498,463 shares of the software maker’s stock valued at $337,606,000 after purchasing an additional 5,362,292 shares during the last quarter. Credit Suisse AG boosted its stake in Mobileye N.V. by 421.7% in the 1st quarter. Credit Suisse AG now owns 1,906,615 shares of the software maker’s stock worth $117,066,000 after purchasing an additional 1,541,147 shares in the last quarter. Nomura Asset Management Co. Ltd. boosted its stake in Mobileye N.V. by 6,426.5% in the 1st quarter. Nomura Asset Management Co. Ltd. now owns 1,233,500 shares of the software maker’s stock worth $75,737,000 after purchasing an additional 1,214,600 shares in the last quarter. Tyrus Capital S.A.M. acquired a new stake in Mobileye N.V. in the 1st quarter worth approximately $63,856,000. Finally, Scopus Asset Management L.P. boosted its stake in Mobileye N.V. by 225.3% in the 1st quarter. Scopus Asset Management L.P. now owns 501,221 shares of the software maker’s stock worth $30,775,000 after purchasing an additional 901,221 shares in the last quarter. Hedge funds and other institutional investors own 60.95% of the company’s stock.
Shares of Mobileye N.V. (NYSE MBLY) opened at 62.67 on Monday. The company has a 50-day moving average of $63.15 and a 200 day moving average of $61.19. Mobileye N.V. has a one year low of $33.69 and a one year high of $63.56. The stock has a market cap of $13.91 billion, a price-to-earnings ratio of 122.88 and a beta of 0.90.
MBLY has been the topic of a number of recent analyst reports. BidaskClub lowered shares of Mobileye N.V. from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. Jefferies Group LLC reissued a “hold” rating and set a $63.54 price objective on shares of Mobileye N.V. in a report on Thursday, July 6th. Two research analysts have rated the stock with a sell rating, twenty-one have given a hold rating and two have issued a buy rating to the company. Mobileye N.V. presently has an average rating of “Hold” and an average price target of $55.30.
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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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