US Bancorp DE has reduced its stake in Mobileye Global Inc. by 23.0%, now holding 105,268 shares valued at approximately $1.5 million. The firm sold 31,467 shares during the first quarter, according to its most recent SEC filing. Analyst ratings for Mobileye Global show a mix of one sell rating, nine hold ratings, and ten buy ratings, with an average price target of $19.67. The company reported earnings of $0.13 EPS, exceeding estimates, and revenue increased by 15.3% year-over-year to $506 million for the quarter. Mobileye Global has a market capitalization of $11.00 billion, a price-to-earnings ratio of -3.70, a PEG ratio of 8.91, and a beta of 0.52. The stock traded down $0.10 to $13.50 during mid-day trading on Monday, with a trading volume of 5,495,372 shares. The 50-day simple moving average is $16.17, and the 200-day simple moving average is $15.61. The 52-week low is $10.48, and the 52-week high is $22.51. The company has a positive return on equity of 0.73% and a negative net margin of 153.91%. In a recent research note, Mizuho lowered its price target from $18.00 to $17.00 and set a 'neutral' rating. JPMorgan Chase & Co. raised its price target from $10.00 to $12.00 and issued an 'underweight' rating. Needham & Company LLC reiterated a 'buy' rating with a $18.00 price target. Robert W. Baird cut its price target from $23.00 to $22.00 and maintained an 'outperform' rating. Other institutional investors have also adjusted their positions: LPL Financial LLC increased its holdings by 96.2% to 147,974 shares valued at $2.948 million; Vanguard Group Inc. raised its position by 2.7% to 1,715,928 shares valued at $34.181 million; Rockefeller Capital Management L.P. increased its position by 77.4% to 32,766 shares valued at $653,000; and XTX Topco Ltd purchased a new position worth approximately $206,000. Advisory Services Network LLC purchased a position worth approximately $181,000. Corporate insiders also made moves: Corp Intel sold 63,731,985 shares at $16.05, reducing its ownership by 56.04%; EVP sold 67,493 shares at $16.09, reducing ownership by 38.49%. Currently, 13.25% of the stock is owned by institutional investors and 2.80% by corporate insiders. Mobileye Global Inc. develops and deploys advanced driver assistance systems (ADAS) and autonomous driving technologies and solutions worldwide, offering products such as Driver Assist, Cloud-Enhanced Driver Assist, Mobileye SuperVision Lite, and Mobileye SuperVision.

Mobileye Global Inc. (NASDAQ:MBLY) Stock Position Decreased by US Bancorp DE

US Bancorp DE reduced its stake in Mobileye Global Inc. by 23.0%, now holding 105,268 shares valued at approximately $1.5 million, after selling 31,467 shares in the first quarter. Mobileye reported earnings of $0.13 EPS, exceeding estimates, with 15.3% year-over-year revenue growth to $506 million. The company has a market capitalization of $11.00 billion, a negative price-to-earnings ratio of -3.70, and a positive return on equity of 0.73%. Analyst ratings include one sell, nine holds, and ten buys, with an average price target of $19.67. Mizuho lowered its price target to $17.00 and set a neutral rating, while JPMorgan Chase raised its target to $12.00 and issued an underweight rating. Needham & Company maintained a buy rating at $18.00, and Robert W. Baird reduced its target to $22.00 while keeping an outperform rating. Other institutional investors such as LPL Financial, Vanguard Group, Rockefeller Capital Management, and XTX Topco adjusted their positions, with some increasing holdings. Corporate insiders including Corp Intel and EVP also sold significant shares, reducing their ownership. The stock traded down to $13.50 during mid-day trading with a volume of 5.495 million shares, and its 52-week range is $10.48 to $22.51.