Mobileye Global (NASDAQ:MBLY) Receives New Coverage from Analysts at Wolfe Research

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

Other research analysts have also recently issued research reports about the stock. Citigroup began coverage on shares of Mobileye Global in a research report on Monday. They set a buy rating on the stock. The Goldman Sachs Group began coverage on shares of Mobileye Global in a research report on Monday. They issued a buy rating and a $36.00 target price on the stock. Cowen began coverage on shares of Mobileye Global in a research report on Monday. They issued an outperform rating on the stock. Finally, Robert W. Baird began coverage on shares of Mobileye Global in a research report on Monday, November 14th. They issued an outperform rating and a $36.00 target price on the stock. Three research 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. According to data from MarketBeat.com, the company has a consensus rating of Moderate Buy and a consensus price target of $37.50.

Mobileye Global Stock Performance

Shares of MBLY opened at $27.22 on Monday. Mobileye Global has a 52-week low of $24.85 and a 52-week high of $31.88.

Insider Buying and Selling

In other news, CEO Amnon Shashua bought 476,191 shares of the business’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 $10,000,011.00. Following the completion of the purchase, the chief executive officer now owns 476,191 shares of the company’s stock, valued at $10,000,011. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, CEO Amnon Shashua purchased 476,191 shares of the company’s stock in a transaction 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 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 purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Safroadu Yeboah-Amankwah purchased 47,519 shares of the company’s stock in a transaction on Friday, October 28th. The stock was bought at an average price of $21.00 per share, for a total transaction of $997,899.00. Following the completion of 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

(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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Analyst Recommendations for Mobileye Global (NASDAQ:MBLY)

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