Mobileye Director Buys Nearly 12,000 Shares Amid Stock Decline
Safroadu Yeboah-Amankwah, a director at Mobileye Global (NASDAQ:MBLY), purchased nearly 12,000 shares of the company's Class A Common Stock on August 6, 2026. The transaction occurred after the stock had declined by 39% over the previous year and was executed at an average price of $8.46 per share. This purchase increased Yeboah-Amankwah’s direct ownership stake in Mobileye by 16%, bringing their total holdings to approximately 84,000 shares valued at around $710,000 as of the transaction date. Mobileye Global is a leading provider of autonomous driving and advanced driver assistance technologies. The company reported TTM revenue of $2 billion but also recorded a net loss of $4 billion in its latest financial period. Despite these challenges, Mobileye has raised its 2026 full-year revenue guidance following flat Q2 results. However, the stock remains under pressure due to leadership changes and broader market conditions.
Tickers: $MBLY
Topics: director activity Mobileye Global stock transactions