Mobileye Global (NASDAQ:MBLY) Receives New Coverage from Analysts at The Goldman Sachs Group

The Goldman Sachs Group started coverage on shares of Mobileye Global (NASDAQ:MBLYGet Rating) in a research report report published on Monday morning, The Fly reports. The firm issued a buy rating and a $36.00 target price on the stock.

Separately, Robert W. Baird started coverage on shares of Mobileye Global in a research note on Monday, November 14th. They issued an outperform rating and a $36.00 target price on the stock. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of Moderate Buy and an average price target of $37.50.

Mobileye Global Stock Down 4.2 %

MBLY opened at $27.22 on Monday. Mobileye Global has a twelve month low of $24.85 and a twelve month high of $31.88.

Insider Activity at Mobileye Global

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

Mobileye Global Company Profile

(Get Rating)

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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