Mobileye NV (MBLY) Shares Sold by Level Four Advisory Services LLC

Level Four Advisory Services LLC lessened its position in Mobileye NV (NYSE:MBLY) by 44.2% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,327 shares of the software maker’s stock after selling 5,005 shares during the quarter. Level Four Advisory Services LLC’s holdings in Mobileye NV were worth $388,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vivaldi Capital Management LLC increased its position in Mobileye NV by 40.9% during the 2nd quarter. Vivaldi Capital Management LLC now owns 88,192 shares of the software maker’s stock valued at $5,538,458,000 after buying an additional 25,603 shares in the last quarter. Chicago Capital Management LLC increased its position in Mobileye NV by 390.0% during the 2nd quarter. Chicago Capital Management LLC now owns 196,000 shares of the software maker’s stock valued at $12,309,000 after buying an additional 156,000 shares in the last quarter. Prudential Financial Inc. increased its position in Mobileye NV by 1.1% during the 1st quarter. Prudential Financial Inc. now owns 17,222 shares of the software maker’s stock valued at $1,057,000 after buying an additional 182 shares in the last quarter. P Schoenfeld Asset Management LP increased its position in Mobileye NV by 75.4% during the 2nd quarter. P Schoenfeld Asset Management LP now owns 1,025,956 shares of the software maker’s stock valued at $64,430,000 after buying an additional 440,956 shares in the last quarter. Finally, Alpine Associates Management Inc. increased its position in Mobileye NV by 7.1% during the 2nd quarter. Alpine Associates Management Inc. now owns 2,257,769 shares of the software maker’s stock valued at $141,788,000 after buying an additional 149,869 shares in the last quarter. Institutional investors own 60.95% of the company’s stock.

MBLY has been the subject of a number of analyst reports. BidaskClub lowered Mobileye NV from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. Mizuho reaffirmed a “hold” rating and set a $63.54 price objective on shares of Mobileye NV in a research report on Wednesday, October 4th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $63.54 price objective on shares of Mobileye NV in a research report on Thursday, July 6th. Two research analysts have rated the stock with a sell rating, twenty have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $56.10.

Mobileye NV (NYSE MBLY) traded down 0.43% during mid-day trading on Wednesday, hitting $62.67. The company’s stock had a trading volume of 741,638 shares. The company has a market cap of $13.91 billion, a P/E ratio of 122.88 and a beta of 0.90. The firm’s 50-day moving average is $63.15 and its 200-day moving average is $61.19. Mobileye NV has a 12-month low of $33.69 and a 12-month high of $63.56.

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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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