Global X Management Co. LLC increased its position in Mobileye N.V. (NYSE:MBLY) by 141.4% during the second quarter, Holdings Channel reports. The firm owned 190,238 shares of the software maker’s stock after buying an additional 111,443 shares during the period. Global X Management Co. LLC’s holdings in Mobileye N.V. were worth $11,947,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Comerica Bank increased 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 worth $1,145,000 after buying an additional 118 shares during the period. Prudential Financial Inc. increased 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 worth $1,057,000 after buying an additional 182 shares during the period. Northwestern Mutual Wealth Management Co. increased 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 worth $149,000 after buying an additional 312 shares during the period. Klingenstein Fields & Co. LLC increased its stake in Mobileye N.V. by 6.1% in the second quarter. Klingenstein Fields & Co. LLC now owns 5,685 shares of the software maker’s stock worth $357,000 after buying an additional 325 shares during the period. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased 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 worth $1,609,000 after buying an additional 400 shares during the period. 58.70% of the stock is owned by institutional investors and hedge funds.

Shares of Mobileye N.V. (NYSE:MBLY) opened at 63.52 on Thursday. The firm has a 50-day moving average of $63.17 and a 200 day moving average of $57.96. The stock has a market cap of $14.10 billion, a PE ratio of 124.55 and a beta of 0.90. Mobileye N.V. has a 52 week low of $33.69 and a 52 week high of $63.54.

Mobileye N.V. (NYSE:MBLY) last posted its quarterly earnings data on Thursday, June 1st. The software maker reported $0.25 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.07. The business had revenue of $124.70 million for the quarter, compared to the consensus estimate of $118.52 million. Mobileye N.V. had a net margin of 29.43% and a return on equity of 17.78%. The company’s revenue was up 65.8% compared to the same quarter last year. During the same period last year, the firm posted $0.15 earnings per share. On average, equities analysts forecast that Mobileye N.V. will post $1.05 EPS for the current fiscal year.

WARNING: This story was published by Watch List News and is owned by of Watch List News. If you are viewing this story on another site, it was illegally stolen and republished in violation of international copyright & trademark laws. The legal version of this story can be viewed at https://www.watchlistnews.com/mobileye-n-v-nysembly-shares-bought-by-global-x-management-co-llc/1467604.html.

A number of brokerages have recently issued reports on MBLY. BidaskClub downgraded shares of Mobileye N.V. from a “buy” rating to a “hold” rating in a research report on Sunday, July 16th. Jefferies Group LLC reissued a “hold” rating and set a $64.00 price objective on shares of Mobileye N.V. in a research report on Tuesday, April 25th. Royal Bank Of Canada reissued a “hold” rating and set a $63.54 price objective on shares of Mobileye N.V. in a research report on Friday, May 19th. Vetr raised shares of Mobileye N.V. from a “sell” rating to a “hold” rating and set a $63.50 price objective for the company in a research report on Wednesday, April 26th. Finally, Robert W. Baird downgraded shares of Mobileye N.V. from an “outperform” rating to a “neutral” rating and set a $64.00 price objective for the company. in a research report on Thursday, April 20th. Two equities research analysts have rated the stock with a sell rating, twenty-two have assigned a hold rating and three have given a buy rating to the company’s stock. The company has a consensus 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.

Want to see what other hedge funds are holding MBLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mobileye N.V. (NYSE:MBLY).

Institutional Ownership by Quarter for Mobileye N.V. (NYSE:MBLY)

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