Summit Partners Public Asset Management LLC maintained its position in shares of Mobileye NV (NYSE:MBLY) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 260,000 shares of the software maker’s stock at the close of the second quarter. Mobileye NV makes up 2.2% of Summit Partners Public Asset Management LLC’s holdings, making the stock its 5th largest holding. Summit Partners Public Asset Management LLC owned about 0.12% of Mobileye NV worth $16,328,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the business. Lazard Asset Management LLC increased its stake in Mobileye NV by 0.9% during the 2nd quarter. Lazard Asset Management LLC now owns 8,842 shares of the software maker’s stock valued at $555,000 after buying an additional 76 shares during the period. Comerica Bank grew its stake in shares of Mobileye NV by 0.6% in the 1st quarter. Comerica Bank now owns 18,481 shares of the software maker’s stock worth $1,145,000 after purchasing an additional 118 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Mobileye NV by 0.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 42,871 shares of the software maker’s stock worth $2,692,000 after purchasing an additional 157 shares during the last quarter. Prudential Financial Inc. grew its stake in shares of Mobileye NV by 1.1% in 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 last quarter. Finally, Klingenstein Fields & Co. LLC grew its stake in shares of Mobileye NV by 6.1% in the 2nd quarter. Klingenstein Fields & Co. LLC now owns 5,685 shares of the software maker’s stock worth $357,000 after purchasing an additional 325 shares during the last quarter. 60.95% of the stock is currently owned by hedge funds and other institutional investors.

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Several equities analysts have recently issued reports on MBLY shares. BidaskClub cut shares of Mobileye NV from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. Jefferies Group LLC reaffirmed a “hold” rating and issued a $63.54 price objective on shares of Mobileye NV in a research note on Thursday, July 6th. Finally, Mizuho reaffirmed a “hold” rating and issued a $63.54 price objective on shares of Mobileye NV in a research note on Wednesday. Two investment analysts have rated the stock with a sell rating, twenty have assigned a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $56.10.

Mobileye NV (MBLY) traded down 0.43% during trading on Friday, hitting $62.67. 741,638 shares of the stock were exchanged. The stock has a market cap of $13.91 billion, a price-to-earnings ratio of 122.88 and a beta of 0.90. The firm’s 50 day moving average price is $63.15 and its 200-day moving average price is $61.19. Mobileye NV has a 1-year low of $33.69 and a 1-year high of $63.56.

Mobileye NV Company 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.

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Institutional Ownership by Quarter for Mobileye NV (NYSE:MBLY)

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