Canada Pension Plan Investment Board decreased its stake in shares of Mobileye N.V. (NYSE:MBLY) by 90.1% during the second quarter, Holdings Channel reports. The fund owned 491,570 shares of the software maker’s stock after selling 4,449,307 shares during the period. Canada Pension Plan Investment Board’s holdings in Mobileye N.V. were worth $30,871,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of MBLY. BlackRock Inc. boosted its position in Mobileye N.V. by 3,937.9% in the first quarter. BlackRock Inc. now owns 5,498,463 shares of the software maker’s stock valued at $337,606,000 after buying an additional 5,362,292 shares during the last quarter. CI Investments Inc. raised its position in Mobileye N.V. by 17.6% in the first quarter. CI Investments Inc. now owns 2,492,434 shares of the software maker’s stock valued at $153,035,000 after buying an additional 372,985 shares during the period. Credit Suisse AG raised its position in Mobileye N.V. by 421.7% in the first quarter. Credit Suisse AG now owns 1,906,615 shares of the software maker’s stock valued at $117,066,000 after buying an additional 1,541,147 shares during the period. Nomura Asset Management Co. Ltd. raised its position in Mobileye N.V. by 6,426.5% in the first quarter. Nomura Asset Management Co. Ltd. now owns 1,233,500 shares of the software maker’s stock valued at $75,737,000 after buying an additional 1,214,600 shares during the period. Finally, Blair William & Co. IL raised its position in Mobileye N.V. by 6.8% in the first quarter. Blair William & Co. IL now owns 1,089,335 shares of the software maker’s stock valued at $54,362,000 after buying an additional 69,485 shares during the period. 58.70% of the stock is owned by institutional investors.

Mobileye N.V. (NYSE:MBLY) opened at 63.54 on Friday. The company has a 50-day moving average of $63.22 and a 200 day moving average of $58.14. Mobileye N.V. has a 1-year low of $33.69 and a 1-year high of $63.55. The stock has a market cap of $14.10 billion, a P/E ratio of 124.59 and a beta of 0.90.

Mobileye N.V. (NYSE:MBLY) last posted its earnings results on Thursday, June 1st. The software maker reported $0.25 EPS for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.07. Mobileye N.V. had a net margin of 29.43% and a return on equity of 17.78%. The company had revenue of $124.70 million for the quarter, compared to analysts’ expectations of $118.52 million. During the same quarter in the prior year, the company posted $0.15 earnings per share. Mobileye N.V.’s revenue for the quarter was up 65.8% compared to the same quarter last year. Analysts predict that Mobileye N.V. will post $1.05 EPS for the current year.

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Several equities analysts have commented on the stock. Jefferies Group LLC reiterated a “hold” rating and set a $63.54 price objective on shares of Mobileye N.V. in a research report on Thursday, July 6th. BidaskClub upgraded shares of Mobileye N.V. from a “sell” rating to a “hold” rating in a research report on Friday, June 9th. Vetr upgraded 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. Robert W. Baird lowered 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. Finally, Royal Bank Of Canada reiterated a “hold” rating and set a $63.54 price objective on shares of Mobileye N.V. in a research report on Friday, May 19th. One analyst has rated the stock with a sell rating, twenty-three have assigned a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target 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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