Jennison Associates Amends Mobileye Global Stake on Jan 31

TL;DR

**Jennison Associates just updated their Mobileye stake, watch for details on their new ownership percentage.**

AI Summary

Jennison Associates LLC, a New York-based investment advisor, filed an amended Schedule 13G/A on February 9, 2024, indicating a change in its beneficial ownership of Mobileye Global Inc.'s Class A Common Stock as of January 31, 2024. This filing updates their previous disclosure, showing their continued, though potentially adjusted, significant stake in Mobileye. This matters to investors because Jennison Associates LLC is a large institutional investor, and changes in their holdings can signal their confidence or concerns about Mobileye's future performance.

Why It Matters

Large institutional investor Jennison Associates LLC updated its ownership in Mobileye Global Inc., providing insight into their current investment position and potential sentiment towards the company.

Risk Assessment

Risk Level: low — This is a routine amendment by an institutional investor and does not inherently signal a high risk event for the company.

Analyst Insight

Investors should look for the full details of this SC 13G/A filing to understand the exact change in Jennison Associates LLC's ownership percentage and share count in Mobileye Global Inc. to gauge their updated conviction.

Key Players & Entities

• Jennison Associates LLC (company) — the reporting person filing the SC 13G/A
• Mobileye Global Inc. (company) — the subject company whose securities are being reported
• January 31, 2024 (date) — the date of the event requiring the filing
• Class A Common Stock (other) — the type of securities held by Jennison Associates LLC
• Delaware (other) — place of organization for Jennison Associates LLC

FAQ

From the Filing

0000053417-24-000048.txt : 20240209 0000053417-24-000048.hdr.sgml : 20240209 20240209155648 ACCESSION NUMBER: 0000053417-24-000048 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Mobileye Global Inc. CENTRAL INDEX KEY: 0001910139 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-93811 FILM NUMBER: 24614585 BUSINESS ADDRESS: STREET 1: HAR HOTZVIM, 13 HARTOM STREET STREET 2: P.O. BOX 45157 CITY: JERUSALEM STATE: L3 ZIP: 97775 BUSINESS PHONE: 972 2 541 7333 MAIL ADDRESS: STREET 1: HAR HOTZVIM, 13 HARTOM STREET STREET 2: P.O. BOX 45157 CITY: JERUSALEM STATE: L3 ZIP: 97775 FORMER COMPANY: FORMER CONFORMED NAME: Mobileye Holdings Inc. DATE OF NAME CHANGE: 20220224 FORMER COMPANY: FORMER CONFORMED NAME: Mobileye Group Inc. DATE OF NAME CHANGE: 20220209 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JENNISON ASSOCIATES LLC CENTRAL INDEX KEY: 0000053417 ORGANIZATION NAME: IRS NUMBER: 132631108 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 466 LEXINGTON AVE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2124211000 MAIL ADDRESS: STREET 1: 466 LEXINGTON AVE CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: JENNISON ASSOCIATES CAPITAL CORP DATE OF NAME CHANGE: 19940511 SC 13G/A 1 MBLY0124.txt Securities and Exchange Commission Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No. 2)* Jan 31, 2024 (Date of event which requires filing of this statement) Check the appropriate box to designate the rule pursuant to which this schedule is filed: (X) Rule 13d-1(b) ( ) Rule 13d-1(c) ( ) Rule 13d-1(d) Name of Issuer: Mobileye Global Inc. Title of Class of Securities: Class A Common Stock CUSIP Number: 60741F104 *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP Number: 60741F104 1. Name of Reporting Person: Jennison Associates LLC S.S. or I.R.S. Identification No. of Above Person: IRS Identification #52-2069785 (formerly 13-2631108) 2. Check the Appropriate Box if a Member of a Group: Not Applicable 3. SEC Use Only 4. Citizenship or Place of Organization: Delaware Number of Shares Beneficially Owned By Each Reporting Person With: 5. Sole Voting Power: 1,113 shares 6. Shared Voting Power: 0 shares 7. Sole Dispositive Power: 0 shares 8. Shared Dispositive Power: 1,113 shares 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 1,113 shares 10. Check Box if the Aggregate Amount in Row 9 Excludes Certain Shares: ( ) 11. Percent of Class Represented by Amount in Row 9: 0.0% 12. Type of Reporting Person*: IA Item 1(a) Name of Issuer: Mobileye Global Inc. Item 1(b) Address of Issuer's Principal Executive Offices: Har Hotzvim, 13 Hartom Street P.O. Box 45157 Jerusalem 9777513, Israel Item 2(a) Name of Person Filing: Jennison Associates LLC Item 2(b) Address of Principal Business Office or Residence: 466 Lexington Avenue New York, NY 10017 Item 2(c) Citizenship: Delaware Item 2(d) Title of Class of Securities: Class A Common Stock Item 2(e) CUSIP Number: 60741F104 Item 3 If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), or (c) check