Mobileye Global (NASDAQ:MBLY) Coverage Initiated at Wolfe Research

Wolfe Research initiated coverage on shares of Mobileye Global (NASDAQ:MBLYGet Rating) in a report issued on Monday, Marketbeat reports. The brokerage issued a peer perform rating on the stock.

Other equities research analysts have also recently issued reports about the stock. Citigroup assumed coverage on shares of Mobileye Global in a research note on Monday. They set a buy rating on the stock. Robert W. Baird assumed coverage on shares of Mobileye Global in a research note on Monday, November 14th. They set an outperform rating and a $36.00 price target on the stock. The Goldman Sachs Group initiated coverage on shares of Mobileye Global in a research note on Monday. They set a buy rating and a $36.00 price target on the stock. Finally, Cowen initiated coverage on shares of Mobileye Global in a report on Monday. They set an outperform rating and a $35.00 price objective on the stock. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of Moderate Buy and a consensus target price of $37.27.

Mobileye Global Trading Down 0.8 %

Mobileye Global stock opened at $29.31 on Monday. Mobileye Global has a 12-month low of $24.85 and a 12-month high of $31.88.

Insider Activity at Mobileye Global

In other Mobileye Global news, CEO Amnon Shashua purchased 476,191 shares of the business’s stock in a transaction that occurred on Friday, October 28th. The shares were purchased at an average price of $21.00 per share, for a total transaction of $10,000,011.00. Following the completion of the acquisition, the chief executive officer now owns 476,191 shares of the company’s stock, valued at approximately $10,000,011. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CEO Amnon Shashua acquired 476,191 shares of the company’s stock in a transaction dated Friday, October 28th. The shares were bought at an average price of $21.00 per share, for a total transaction of $10,000,011.00. Following the completion of the purchase, the chief executive officer now directly owns 476,191 shares of the company’s stock, valued at approximately $10,000,011. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Safroadu Yeboah-Amankwah acquired 47,519 shares of the company’s stock in a transaction dated Friday, October 28th. The shares were purchased at an average price of $21.00 per share, for a total transaction of $997,899.00. Following the purchase, the director now directly owns 47,519 shares of the company’s stock, valued at $997,899. The disclosure for this purchase can be found here.

About Mobileye Global

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Mobileye Global Inc engages in the development and deployment of advanced driver assistance systems (ADAS) and autonomous driving technologies and solutions worldwide. The company offers Driver Assist, which comprise ADAS and autonomous vehicle solutions that covers safety features, such as real-time detection of road users, geometry, semantics, and markings to provide safety alerts and emergency interventions; Cloud-Enhanced Driver Assist, a solution for drivers with interpretations of a scene in real-time; Mobileye SuperVision Lite, a driver assist solution; and Mobileye SuperVision, an operational point-to-point assisted driving navigation solution on various road types and includes cloud-based enhancements, such as road experience management and supports over-the-air updates.

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