Mobileye Global Inc’s filing revealed that its Director GELSINGER PATRICK P acquired Company’s shares for reported $0.1 million on Nov 04 ’24. In the deal valued at $14.94 per share,6,750 shares were bought. As a result of this transaction, GELSINGER PATRICK P now holds 139,456 shares worth roughly $2.09 million.
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Then, GELSINGER PATRICK P bought 6,400 shares, generating $99,045 in total proceeds. Upon buying the shares at $15.48, the Director now owns 139,106 shares.
Before that, Shashua Amnon bought 631,963 shares. Mobileye Global Inc shares valued at $10,434,093 were divested by the CEO and President at a price of $16.51 per share. As a result of the transaction, Shashua Amnon now holds 4,080,097 shares, worth roughly $61.16 million.
A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in early November has reiterated a ‘”a Buy”‘ rating for it. RBC Capital Mkts also remained covering MBLY and has decreased its forecast on October 15, 2024 with a “Sector perform” recommendation from previously “an Outperform” rating. Mizuho revised its rating on October 11, 2024. It rated MBLY as “a Neutral” which previously was an “an Outperform”.
Price Performance Review of MBLY
On Friday, Mobileye Global Inc [NASDAQ:MBLY] saw its stock fall -3.23% to $14.99. Over the last five days, the stock has lost -8.88%. Mobileye Global Inc shares have fallen nearly -65.40% since the year began. Nevertheless, the stocks have fallen -63.21% over the past one year. While a 52-week high of $44.48 was reached on 01/02/24, a 52-week low of $10.48 was recorded on 09/12/24. SMA at 50 days reached $13.26, while 200 days put it at $22.44.
Levels Of Support And Resistance For MBLY Stock
The 24-hour chart illustrates a support level at 14.63, which if violated will result in even more drops to 14.26. On the upside, there is a resistance level at 15.53. A further resistance level may holdings at 16.06. The Relative Strength Index (RSI) on the 14-day chart is 52.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.61, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 49.47%. Stochastics %K at 68.52% indicates the stock is a holding.
How much short interest is there in Mobileye Global Inc?
A steep rise in short interest was recorded in Mobileye Global Inc stocks on 2024-10-31, growing by 4.28 million shares to a total of 20.48 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 16.2 million shares. There was a rise of 20.89%, which implies that there is a positive sentiment for the stock.
