EVP Ouriel Boaz sold 67,493 shares of MBLY at $16.09 ($1.1M); retains 107,853 shares; stock now -51.6% from 52-week high on unprofitable fundamentals.
Ouriel Boaz, EVP of EPG Software, sold 67,493 shares of Mobileye Global Inc. at $16.09, reducing his holdings by 38.5% from 175,346 shares to 107,853 shares. The sale occurs as MBLY trades at $15.72, down 51.6% from its 52-week high of $32.47, while the company reported a net income of $-102,000,000.00 on quarterly revenue of $438,000,000.00 and faces an annual revenue decline of -20.4%. The substantial reduction in an executive's ownership stake during a period of significant stock depreciation and negative earnings presents a material shift in insider positioning that merits investor scrutiny given the company's deteriorating financial trajectory.