SolarEdge Technologies, Inc. (NASDAQ:SEDG) VP Zvi Lando sold 648 shares of SolarEdge Technologies stock in a transaction on Friday, December 1st. The stock was sold at an average price of $34.78, for a total value of $22,537.44. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Zvi Lando also recently made the following trade(s):

  • On Thursday, November 9th, Zvi Lando sold 20,000 shares of SolarEdge Technologies stock. The stock was sold at an average price of $38.02, for a total value of $760,400.00.
  • On Friday, November 3rd, Zvi Lando sold 6,240 shares of SolarEdge Technologies stock. The stock was sold at an average price of $33.50, for a total value of $209,040.00.
  • On Monday, October 16th, Zvi Lando sold 10,000 shares of SolarEdge Technologies stock. The stock was sold at an average price of $30.36, for a total value of $303,600.00.

SolarEdge Technologies, Inc. (NASDAQ SEDG) traded up $1.00 during mid-day trading on Tuesday, reaching $34.55. The company’s stock had a trading volume of 1,077,388 shares, compared to its average volume of 845,253. The stock has a market cap of $1,440.00 and a price-to-earnings ratio of 21.09. SolarEdge Technologies, Inc. has a 1-year low of $12.15 and a 1-year high of $39.90.

A number of equities research analysts have recently commented on SEDG shares. J P Morgan Chase & Co lifted their target price on SolarEdge Technologies from $31.00 to $37.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 1st. Canaccord Genuity reiterated a “buy” rating and set a $36.00 target price (up from $30.00) on shares of SolarEdge Technologies in a research note on Monday, November 6th. Needham & Company LLC lifted their target price on SolarEdge Technologies from $30.00 to $42.00 and gave the stock a “buy” rating in a research note on Thursday, November 9th. Zacks Investment Research lowered SolarEdge Technologies from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 4th. Finally, Roth Capital lifted their price objective on SolarEdge Technologies from $36.00 to $42.00 and gave the stock a “buy” rating in a report on Thursday, November 9th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $34.19.

A number of hedge funds have recently bought and sold shares of the business. Public Employees Retirement System of Ohio purchased a new position in SolarEdge Technologies during the 3rd quarter valued at about $447,000. GSA Capital Partners LLP purchased a new position in SolarEdge Technologies during the 3rd quarter valued at about $511,000. Argent Capital Management LLC grew its holdings in SolarEdge Technologies by 128.4% during the 3rd quarter. Argent Capital Management LLC now owns 97,185 shares of the semiconductor company’s stock valued at $2,775,000 after buying an additional 54,640 shares in the last quarter. Piedmont Investment Advisors LLC purchased a new position in SolarEdge Technologies during the 3rd quarter valued at about $220,000. Finally, Cubist Systematic Strategies LLC purchased a new position in SolarEdge Technologies during the 3rd quarter valued at about $325,000. 67.88% of the stock is owned by institutional investors and hedge funds.

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About SolarEdge Technologies

SolarEdge Technologies, Inc offers an inverter solution for a solar photovoltaic (PV) system. The Company’s products include SolarEdge Power Optimizer, SolarEdge Inverter, StorEdge Solutions and SolarEdge Monitoring Software. Its product roadmap consists of categories, including power optimizers, inverters, monitoring services, energy storage and smart energy management.

Insider Buying and Selling by Quarter for SolarEdge Technologies (NASDAQ:SEDG)

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