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 $2.23 million.
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 $65.36 million.
Oppenheimer initiated its Mobileye Global Inc [MBLY] rating to an Outperform in a research note published on January 16, 2025; the price target was $28. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in early December from “a Peer perform” to “an Outperform”. TD Cowen maintained its rating on November 01, 2024. It rated MBLY as “a Buy”.
Price Performance Review of MBLY
On Friday, Mobileye Global Inc [NASDAQ:MBLY] saw its stock fall -2.97% to $16.02. Over the last five days, the stock has gained 2.36%. Mobileye Global Inc shares have fallen nearly -19.58% since the year began. Nevertheless, the stocks have fallen -43.55% over the past one year. While a 52-week high of $34.00 was reached on 01/07/25, a 52-week low of $10.48 was recorded on 01/13/25. SMA at 50 days reached $17.62, while 200 days put it at $20.43.
Levels Of Support And Resistance For MBLY Stock
The 24-hour chart illustrates a support level at 15.66, which if violated will result in even more drops to 15.29. On the upside, there is a resistance level at 16.74. A further resistance level may holdings at 17.45. The Relative Strength Index (RSI) on the 14-day chart is 40.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.92, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.51%. Stochastics %K at 19.76% indicates the stock is a buying.
How much short interest is there in Mobileye Global Inc?
A steep rise in short interest was recorded in Mobileye Global Inc stocks on 2024-12-31, dropping by -2.6 million shares to a total of 18.27 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 20.87 million shares. There was a decline of -14.25%, which implies that there is a negative sentiment for the stock.
