Arcadia Investment Management Corp MI Has $1.05 Million Stock Holdings in Mobileye Global Inc. (NASDAQ:MBLY)

Arcadia Investment Management Corp MI decreased its holdings in shares of Mobileye Global Inc. (NASDAQ:MBLY) by 62.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 52,736 shares of the company’s stock after selling 86,920 shares during the period. Arcadia Investment Management Corp MI’s holdings in Mobileye Global were worth $1,051,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Handelsbanken Fonder AB acquired a new position in Mobileye Global during the fourth quarter worth $442,000. Alberta Investment Management Corp raised its holdings in Mobileye Global by 932.4% during the fourth quarter. Alberta Investment Management Corp now owns 566,737 shares of the company’s stock worth $11,289,000 after buying an additional 511,840 shares during the last quarter. Global Retirement Partners LLC raised its holdings in Mobileye Global by 136.9% during the fourth quarter. Global Retirement Partners LLC now owns 1,613 shares of the company’s stock worth $32,000 after buying an additional 932 shares during the last quarter. Atria Wealth Solutions Inc. raised its holdings in shares of Mobileye Global by 27.0% in the fourth quarter. Atria Wealth Solutions Inc. now owns 15,507 shares of the company’s stock valued at $309,000 after purchasing an additional 3,296 shares during the last quarter. Finally, D.A. Davidson & CO. raised its holdings in shares of Mobileye Global by 107.2% in the fourth quarter. D.A. Davidson & CO. now owns 28,600 shares of the company’s stock valued at $570,000 after purchasing an additional 14,800 shares during the last quarter. Institutional investors and hedge funds own 13.25% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on MBLY. Barclays increased their target price on shares of Mobileye Global from $18.00 to $22.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd. Loop Capital increased their target price on shares of Mobileye Global from $20.00 to $23.00 and gave the company a “buy” rating in a report on Wednesday, December 18th. Wolfe Research upgraded shares of Mobileye Global from a “peer perform” rating to an “outperform” rating in a report on Thursday, December 5th. UBS Group raised their price objective on shares of Mobileye Global from $14.00 to $17.00 and gave the stock a “neutral” rating in a report on Thursday, January 16th. Finally, Mizuho decreased their price objective on shares of Mobileye Global from $17.00 to $16.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Mobileye Global presently has a consensus rating of “Hold” and a consensus price target of $22.86.

Mobileye Global Trading Down 1.9 %

Shares of NASDAQ:MBLY opened at $17.79 on Friday. The company has a 50-day moving average price of $17.67 and a two-hundred day moving average price of $15.53. Mobileye Global Inc. has a twelve month low of $10.48 and a twelve month high of $34.00.

Mobileye Global (NASDAQ:MBLY) last announced its earnings results on Thursday, January 30th. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.08). Mobileye Global had a negative net margin of 186.82% and a negative return on equity of 0.34%. As a group, sell-side analysts anticipate that Mobileye Global Inc. will post 0.01 EPS for the current fiscal year.

Mobileye Global Profile

Mobileye Global Inc develops and deploys advanced driver assistance systems (ADAS) and autonomous driving technologies and solutions worldwide. The company operates through Mobileye and Other segments. It offers Driver Assist comprising 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 navigation and assisted driving 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.