Mobileye Global President, CEO and Director Amnon Shashua Buys 631,963 Shares At Average Price Of $16.51 Per Share
Portfolio Pulse from Benzinga Newsdesk
Mobileye Global President, CEO and Director Amnon Shashua has purchased 631,963 shares at an average price of $16.51 per share, according to an SEC filing.
August 05, 2024 | 9:23 pm
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POSITIVE IMPACT
Mobileye Global's President, CEO, and Director Amnon Shashua has purchased 631,963 shares at an average price of $16.51 per share, as per an SEC filing. This insider buying could signal confidence in the company's future prospects.
Insider buying is often seen as a positive signal by investors, indicating that the executive believes the stock is undervalued or has strong future prospects. This could lead to a short-term increase in MBLY's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100