Leonteq Securities AG Sells 10,770 Shares of SolarEdge Technologies, Inc. $SEDG

Leonteq Securities AG lowered its stake in SolarEdge Technologies, Inc. (NASDAQ:SEDG) by 43.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,766 shares of the semiconductor company’s stock after selling 10,770 shares during the period. Leonteq Securities AG’s holdings in SolarEdge Technologies were worth $703,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in SEDG. Oregon Public Employees Retirement Fund raised its stake in shares of SolarEdge Technologies by 2.2% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 13,677 shares of the semiconductor company’s stock valued at $395,000 after acquiring an additional 300 shares in the last quarter. Rakuten Securities Inc. boosted its position in SolarEdge Technologies by 82.1% during the fourth 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 boosted its position in SolarEdge Technologies by 1.2% during the second quarter. Tidal Investments LLC now owns 42,411 shares of the semiconductor company’s stock worth $865,000 after purchasing an additional 484 shares during the period. Tower Research Capital LLC TRC grew its holdings in SolarEdge Technologies by 28.7% during the second 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 last quarter. Finally, State of Alaska Department of Revenue grew its holdings in SolarEdge Technologies by 1.9% during the fourth quarter. State of Alaska Department of Revenue now owns 30,449 shares of the semiconductor company’s stock valued at $878,000 after purchasing an additional 572 shares during the last quarter. Institutional investors own 95.10% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on SEDG shares. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of SolarEdge Technologies from $42.00 to $39.00 and set a “hold” rating for the company in a research note on Thursday, May 7th. Royal Bank Of Canada lowered their target price on shares of SolarEdge Technologies from $32.00 to $30.00 and set a “sector perform” rating on the stock in a research note on Thursday, May 7th. Wells Fargo & Company assumed coverage on shares of SolarEdge Technologies in a report on Monday, June 29th. They issued an “equal weight” rating and a $36.00 target price on the stock. Weiss Ratings raised shares of SolarEdge Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, June 24th. Finally, Glj Research restated a “sell” rating on shares of SolarEdge Technologies in a report on Thursday, June 11th. One analyst has rated the stock with a Buy rating, fifteen have issued a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $35.67.

SolarEdge Technologies Stock Performance

Shares of SEDG stock opened at $52.38 on Friday. The firm has a market capitalization of $3.19 billion, a P/E ratio of -8.54 and a beta of 1.45. SolarEdge Technologies, Inc. has a 1 year low of $23.01 and a 1 year high of $81.25. The firm’s fifty day simple moving average is $56.08 and its 200 day simple moving average is $43.85. The company has a current ratio of 2.02, a quick ratio of 1.36 and a debt-to-equity ratio of 0.85.

SolarEdge Technologies (NASDAQ:SEDG) last issued 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 company had revenue of $309.90 million during the quarter, compared to the consensus estimate of $305.49 million. SolarEdge Technologies had a negative net margin of 28.56% and a negative return on equity of 38.66%. SolarEdge Technologies’s revenue for the quarter was up 41.5% on a year-over-year basis. During the same period last year, the company earned ($1.14) earnings per share. As a group, sell-side analysts predict that SolarEdge Technologies, Inc. will post -1.12 EPS for the current year.

Insiders Place Their Bets

In related news, Chairman More Avery sold 2,566 shares of the business’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $38.76, for a total transaction of $99,458.16. Following the transaction, the chairman directly owned 295,379 shares in the company, valued at $11,448,890.04. The trade was a 0.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.04% of the stock is currently owned by company insiders.

SolarEdge Technologies Profile

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.