The Goldman Sachs Group Initiates Coverage on Mobileye Global (NASDAQ:MBLY)

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

Separately, Robert W. Baird started coverage on Mobileye Global in a research note on Monday, November 14th. They issued an outperform rating and a $36.00 price target for the company. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of Moderate Buy and a consensus price target of $37.27.

Mobileye Global Trading Down 0.8 %

NASDAQ:MBLY opened at $29.31 on Monday. Mobileye Global has a fifty-two week low of $24.85 and a fifty-two week high of $31.88.

Insider Buying and Selling

In other Mobileye Global news, CEO Amnon Shashua purchased 476,191 shares of the business’s stock in a transaction dated Friday, October 28th. The stock was bought at an average cost 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 directly owns 476,191 shares in the company, valued at $10,000,011. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Mobileye Global news, CEO Amnon Shashua purchased 476,191 shares of the business’s stock in a transaction dated Friday, October 28th. The stock was bought at an average cost 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 directly owns 476,191 shares in the company, valued at $10,000,011. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Safroadu Yeboah-Amankwah purchased 47,519 shares of the business’s stock in a transaction dated Friday, October 28th. The shares were acquired at an average price of $21.00 per share, with a total value of $997,899.00. Following the completion of the acquisition, the director now 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.

See Also

Analyst Recommendations for Mobileye Global (NASDAQ:MBLY)

Receive News & Ratings for Mobileye Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mobileye Global and related companies with MarketBeat.com's FREE daily email newsletter.