SolarEdge Technologies, Inc. $SEDG Holdings Raised by SG Americas Securities LLC

SG Americas Securities LLC lifted its stake in SolarEdge Technologies, Inc. (NASDAQ:SEDGFree Report) by 5.4% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 289,907 shares of the semiconductor company’s stock after purchasing an additional 14,775 shares during the quarter. SG Americas Securities LLC owned 0.48% of SolarEdge Technologies worth $14,800,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Oregon Public Employees Retirement Fund boosted its holdings in shares of SolarEdge Technologies by 2.2% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 13,677 shares of the semiconductor company’s stock worth $395,000 after buying an additional 300 shares during the period. Rakuten Securities Inc. boosted its stake in SolarEdge Technologies by 82.1% in the 4th quarter. Rakuten Securities Inc. now owns 958 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 432 shares during the period. Tidal Investments LLC grew its position in SolarEdge Technologies by 1.2% during the 2nd quarter. Tidal Investments LLC now owns 42,411 shares of the semiconductor company’s stock worth $865,000 after purchasing an additional 484 shares in the last quarter. PNC Financial Services Group Inc. grew its position in SolarEdge Technologies by 7.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 7,269 shares of the semiconductor company’s stock worth $269,000 after purchasing an additional 530 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its stake in SolarEdge Technologies by 28.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,481 shares of the semiconductor company’s stock valued at $51,000 after purchasing an additional 553 shares during the period. Hedge funds and other institutional investors own 95.10% of the company’s stock.

Insider Buying and Selling

In related news, Chairman More Avery sold 2,566 shares of SolarEdge Technologies stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $38.76, for a total value of $99,458.16. Following the completion of the sale, the chairman owned 295,379 shares of the company’s stock, valued at approximately $11,448,890.04. The trade was a 0.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.04% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

SEDG has been the subject of a number of research analyst reports. Glj Research restated a “sell” rating on shares of SolarEdge Technologies in a report on Thursday, June 11th. JPMorgan Chase & Co. increased their price objective on SolarEdge Technologies from $32.00 to $35.00 and gave the stock a “neutral” rating in a research note on Thursday, April 16th. Deutsche Bank Aktiengesellschaft reduced their price objective on SolarEdge Technologies from $42.00 to $39.00 and set a “hold” rating for the company in a research note on Thursday, May 7th. Barclays lifted their target price on SolarEdge Technologies from $39.00 to $41.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 8th. Finally, Susquehanna increased their price target on shares of SolarEdge Technologies from $37.00 to $45.00 and gave the stock a “neutral” rating in a research report on Thursday, April 9th. One research analyst has rated the stock with a Buy rating, fifteen have given a Hold rating and seven have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $35.67.

Get Our Latest Report on SolarEdge Technologies

SolarEdge Technologies Stock Performance

Shares of NASDAQ SEDG opened at $51.88 on Friday. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.02 and a quick ratio of 1.36. SolarEdge Technologies, Inc. has a one year low of $19.09 and a one year high of $81.25. The business’s 50-day moving average price is $54.32 and its two-hundred day moving average price is $42.94. The company has a market capitalization of $3.16 billion, a P/E ratio of -8.46 and a beta of 1.42.

SolarEdge Technologies (NASDAQ:SEDGGet Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported ($0.43) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.20). The firm had revenue of $309.90 million for the quarter, compared to analysts’ expectations of $305.49 million. SolarEdge Technologies had a negative return on equity of 38.66% and a negative net margin of 28.56%.The firm’s revenue for the quarter was up 41.5% on a year-over-year basis. During the same period last year, the business earned ($1.14) earnings per share. Analysts anticipate that SolarEdge Technologies, Inc. will post -1.12 earnings per share for the current fiscal year.

SolarEdge Technologies Profile

(Free Report)

SolarEdge Technologies (NASDAQ: SEDG) is a global provider of solar energy solutions focused on optimizing photovoltaic (PV) power generation. The company’s core offerings include power optimizers, inverters and cloud-based monitoring platforms designed to maximize energy output and improve safety across residential, commercial and utility-scale installations. By coupling module-level electronics with centralized inverters, SolarEdge’s technology enables real-time performance monitoring and rapid fault detection to enhance system reliability.

In recent years, SolarEdge has expanded its product portfolio beyond solar PV to include energy storage systems, electric vehicle (EV) charging solutions and smart energy management tools.

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Institutional Ownership by Quarter for SolarEdge Technologies (NASDAQ:SEDG)

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