Bank of Montreal Can lowered its stake in Mobileye N.V. (NYSE:MBLY) by 70.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,100 shares of the software maker’s stock after selling 77,453 shares during the period. Bank of Montreal Can’s holdings in Mobileye N.V. were worth $2,079,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Comerica Bank raised its stake in Mobileye N.V. by 0.6% in the first quarter. Comerica Bank now owns 18,481 shares of the software maker’s stock valued at $1,145,000 after buying an additional 118 shares in the last quarter. Prudential Financial Inc. raised its stake in Mobileye N.V. by 1.1% in the first 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. Northwestern Mutual Wealth Management Co. raised its stake in Mobileye N.V. by 14.8% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,426 shares of the software maker’s stock valued at $149,000 after buying an additional 312 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its stake in Mobileye N.V. by 1.6% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 26,200 shares of the software maker’s stock valued at $1,609,000 after buying an additional 400 shares in the last quarter. Finally, Rosenblum Silverman Sutton S F Inc. CA raised its stake in Mobileye N.V. by 0.8% in the first quarter. Rosenblum Silverman Sutton S F Inc. CA now owns 60,545 shares of the software maker’s stock valued at $3,717,000 after buying an additional 510 shares in the last quarter. Institutional investors and hedge funds own 58.70% of the company’s stock.

Mobileye N.V. (NYSE:MBLY) traded down 0.02% during trading on Friday, hitting $63.54. 938,686 shares of the stock traded hands. Mobileye N.V. has a 12 month low of $33.69 and a 12 month high of $63.55. The stock has a market cap of $14.10 billion, a PE ratio of 124.59 and a beta of 0.90. The company has a 50-day moving average price of $63.22 and a 200-day moving average price of $58.14.

Mobileye N.V. (NYSE:MBLY) last announced its quarterly earnings data on Thursday, June 1st. The software maker reported $0.25 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.18 by $0.07. The firm had revenue of $124.70 million during the quarter, compared to analyst estimates of $118.52 million. Mobileye N.V. had a net margin of 29.43% and a return on equity of 17.78%. The business’s quarterly revenue was up 65.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.15 EPS. Equities research analysts expect that Mobileye N.V. will post $1.05 EPS for the current year.

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Several analysts recently issued reports on the stock. BidaskClub upgraded shares of Mobileye N.V. from a “sell” rating to a “hold” rating in a research report on Friday. Jefferies Group LLC reiterated a “hold” rating and set a $64.00 price target on shares of Mobileye N.V. in a research report on Tuesday, April 25th. Royal Bank Of Canada reiterated a “hold” rating and set a $63.54 price target on shares of Mobileye N.V. in a research report on Friday, May 19th. Vetr upgraded shares of Mobileye N.V. from a “sell” rating to a “hold” rating and set a $63.50 price target on the stock in a research report on Wednesday, April 26th. Finally, Robert W. Baird lowered shares of Mobileye N.V. from an “outperform” rating to a “neutral” rating and set a $64.00 price target on the stock. in a research report on Thursday, April 20th. One research analyst has rated the stock with a sell rating, twenty-three have assigned a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $55.85.

Mobileye N.V. 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 N.V. (NYSE:MBLY)

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