Prudential Financial Holds 14.83% Stake in Mobileye Global Inc.

TL;DR

**Prudential Financial still owns 14.83% of Mobileye, a big institutional vote of confidence!**

AI Summary

Prudential Financial, Inc. filed an amended SC 13G/A on February 12, 2024, disclosing its beneficial ownership in Mobileye Global Inc. Prudential now beneficially owns 14,033,006 shares of Mobileye's Common Stock, representing 14.83% of the class. This is an update to their previous filing, indicating a significant, but potentially adjusted, stake in the autonomous driving technology company. This matters to investors as it shows a major institutional investor's continued, substantial interest in Mobileye, which can signal confidence or influence future stock performance.

Why It Matters

This filing confirms Prudential Financial's significant ownership in Mobileye Global Inc., indicating a major institutional investor's continued belief in the company's prospects, which can influence market perception and investor confidence.

Risk Assessment

Risk Level: low — This filing is an update on an existing institutional holding and does not introduce new significant risks to the company or its investors.

Analyst Insight

Investors should note Prudential's continued substantial holding in Mobileye Global Inc. as a sign of institutional confidence, but should also conduct their own due diligence on Mobileye's fundamentals and market position before making investment decisions.

Key Numbers

• 14,033,006 — Shares Beneficially Owned (This is the total number of Mobileye Global Inc. shares Prudential Financial, Inc. beneficially owns.)
• 14.83% — Percentage of Class (This represents the significant portion of Mobileye Global Inc.'s Common Stock owned by Prudential Financial, Inc.)
• 233,459 — Sole Voting Power Shares (This indicates the number of shares over which Prudential Financial, Inc. has exclusive voting control.)
• 13,106,005 — Shared Voting Power Shares (This shows the number of shares over which Prudential Financial, Inc. shares voting control with others.)
• 13,799,547 — Shared Dispositive Power Shares (This is the number of shares over which Prudential Financial, Inc. shares the power to sell or dispose of.)

Key Players & Entities

• Prudential Financial, Inc. (company) — the reporting person beneficially owning shares
• Mobileye Global Inc. (company) — the issuer whose securities are being reported
• 14,033,006 (dollar_amount) — aggregate amount of shares beneficially owned
• 14.83% (dollar_amount) — percentage of class represented by beneficial ownership
• February 12, 2024 (date) — date the SC 13G/A amendment was filed

Forward-Looking Statements

• Prudential Financial will maintain a significant stake in Mobileye Global Inc. for the foreseeable future. (Prudential Financial, Inc.) — high confidence, target: 2025-02-12

FAQ

Filing Documents

• Mob.htm (SC 13G/A) — 8KB
• 0000729057-24-000008.txt ( ) — 9KB

(a). NAME OF ISSUER

ITEM 1(a). NAME OF ISSUER: Mobileye Global Inc

(b). ADDRESS OF ISSUER'S EXECUTIVE OFFICES

ITEM 1(b). ADDRESS OF ISSUER'S EXECUTIVE OFFICES: Har Hotzvim 13 Hartom Street P.O.Box 45157 Jerusalem , Israel 9777513

(a). NAME OF PERSON FILING

ITEM 2(a). NAME OF PERSON FILING: Prudential Financial, Inc.

(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE

ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE: 751 Broad Street Newark, New Jersey 07102-3777

(c). CITIZENSHIP

ITEM 2(c). CITIZENSHIP: New Jersey

(d). TITLE OF CLASS OF SECURITIES

ITEM 2(d). TITLE OF CLASS OF SECURITIES: Common Stock

(e). CUSIP NUMBER

ITEM 2(e). CUSIP NUMBER: 60741F104

The Person filing this statement is a Parent Holding Company as

ITEM 3. The Person filing this statement is a Parent Holding Company as defined in Section 240.13d-1(b)(1)(ii)(G) of the Securities Exchange Act of 1934.

OWNERSHIP

ITEM 4. OWNERSHIP: (a) Number of Shares Beneficially Owned: 14,033,006 See Exhibit A (b) Percent of Class: 14.83 (c) Powers No. Of Shares ----------- -------------------- Sole power to vote or 233,459 See Exhibit A to direct the vote Shared power to vote or 13,106,005 See Exhibit A to direct the vote Sole power to dispose or 233,459 See Exhibit A to direct disposition Shared power to dispose 13,799,547 See Exhibit A or to direct disposition

OWNERSHIP OF 5% OR LESS OF A CLASS

ITEM 5. OWNERSHIP OF 5% OR LESS OF A CLASS: Not Applicable

OWNERSHIP OF MORE THAN 5% ON BEHALF OF

ITEM 6. OWNERSHIP OF MORE THAN 5% ON BEHALF OF ANOTHER PERSON: Our clients may have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities which are the subject of this filing.

IDENTIFICATION AND CLASSIFICATION OF THE

ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE ULTIMATE PARENT COMPANY: See Exhibit A

IDENTIFICATION AND CLASSIFICATION OF

ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: Not Applicable

NOTICE OF DISSOLUTION OF GROUP

ITEM 9. NOTICE OF DISSOLUTION OF GROUP: Not Applicable

CERTIFICATION

ITEM 10. CERTIFICATION: By signing below, Prudential Financial, Inc. certifies that, to the best of its knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. The filing of this statement should not be construed as an admission that Prudential Financial, Inc. is, for purposes of Sections 13 or 16 of the Securities Exchange Act of 1934, the beneficial owner of such shares. SIGNATURE After reasonable inquiry and to the best of its knowledge and belief, Prudential Financial, Inc. certifies that the information set forth in this PRUDENTIAL FINANCIAL, INC. By:Richard Baker Second Vice President Date:2-12-2024 As of:12-31-2023 Exhibit A --------------

OWNERSHIP

ITEM 4. OWNERSHIP: Through its parent/subsidiary relationship, Prudential Financial, Inc. may be deemed the beneficial owner of the same securities as the Item 7 listed subsidiaries and may have direct or indirect voting and/or investment discretion over 14,033,006 shares. These shares were acquired in the ordinary course of business, and not with the purpose or effect of changing or influencing control of the Issuer. The filing of this statement should not be construed as an admission that Prudential Financial, Inc. is, for the purposes of Sections 13 or 16 of the Securities Exchange Act of 1934, the beneficial owner of these shares.

IDENTIFICATION/CLASSIFICATION

ITEM 7. IDENTIFICATION/CLASSIFICATION: Prudential Financial, Inc. is a Parent Holding Company and the indirect parent of the following subsidiaries, who are the beneficial owners of the number and percentage of securities which are the subject of this filing as set forth next to their names: Subsidiaries Number of Shares Percentage The Prudential Insurance Company of America IC 21,691 0.02 Jennison Associates LLC IA 14,011,315 14.80 PGIM, Inc. IA 0 0.00 PGIM Quantitative Solutions LLC IA 0 0.00 PRUCO Securities, LLC IA 0 0.00

View Full Filing

View this SC 13G/A filing on SEC EDGAR