10,000 Shares in SolarEdge Technologies, Inc. $SEDG Bought by U.S. Capital Wealth Advisors LLC

Key Points

• U.S. Capital Wealth Advisors LLC purchased 10,000 shares of SolarEdge Technologies, valued at approximately $204,000, as disclosed in their recent 13F filing.
• SolarEdge Technologies reported a negative EPS of ($0.81) for the last quarter, meeting analysts' expectations, with a revenue increase of 9.0% year-over-year.
• Institutional investors hold 95.10% of SolarEdge Technologies' stock, indicating significant confidence in the company's long-term prospects.

U.S. Capital Wealth Advisors LLC acquired a new position in shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,000 shares of the semiconductor company's stock, valued at approximately $204,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Bayforest Capital Ltd increased its stake in shares of SolarEdge Technologies by 367.3% in the first quarter. Bayforest Capital Ltd now owns 57,036 shares of the semiconductor company's stock valued at $923,000 after buying an additional 44,831 shares during the period. Caxton Associates LLP acquired a new stake in shares of SolarEdge Technologies in the first quarter valued at about $4,164,000. Goldman Sachs Group Inc. increased its stake in shares of SolarEdge Technologies by 8.7% in the first quarter. Goldman Sachs Group Inc. now owns 997,962 shares of the semiconductor company's stock valued at $16,147,000 after buying an additional 79,461 shares during the period. Jones Financial Companies Lllp increased its stake in shares of SolarEdge Technologies by 5,736.7% in the first quarter. Jones Financial Companies Lllp now owns 142,474 shares of the semiconductor company's stock valued at $2,305,000 after buying an additional 140,033 shares during the period. Finally, Interval Partners LP increased its stake in shares of SolarEdge Technologies by 249.4% in the first quarter. Interval Partners LP now owns 76,387 shares of the semiconductor company's stock valued at $1,236,000 after buying an additional 54,523 shares during the period. Institutional investors and hedge funds own 95.10% of the company's stock.

SolarEdge Technologies Price Performance

SolarEdge Technologies stock opened at $39.45 on Friday. SolarEdge Technologies, Inc. has a 52 week low of $10.24 and a 52 week high of $39.60. The business has a 50-day simple moving average of $30.67 and a 200 day simple moving average of $22.30. The company has a quick ratio of 1.42, a current ratio of 1.94 and a debt-to-equity ratio of 0.72. The stock has a market cap of $2.34 billion, a price-to-earnings ratio of -1.32 and a beta of 1.50.

SolarEdge Technologies (NASDAQ:SEDG - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The semiconductor company reported ($0.81) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.81). SolarEdge Technologies had a negative return on equity of 191.53% and a negative net margin of 177.64%.The firm had revenue of $289.43 million during the quarter, compared to analyst estimates of $270.03 million. During the same quarter in the previous year, the company posted ($1.79) earnings per share. The company's revenue was up 9.0% compared to the same quarter last year. SolarEdge Technologies has set its Q3 2025 guidance at EPS. On average, research analysts forecast that SolarEdge Technologies, Inc. will post -4.54 earnings per share for the current fiscal year.

Analysts Set New Price Targets

SEDG has been the subject of several recent analyst reports. UBS Group raised their target price on SolarEdge Technologies from $20.00 to $30.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 19th. KeyCorp raised SolarEdge Technologies from an "underweight" rating to a "sector weight" rating in a research note on Tuesday, July 8th. JPMorgan Chase & Co. raised their target price on SolarEdge Technologies from $23.00 to $27.00 and gave the stock a "neutral" rating in a research note on Friday, September 19th. Susquehanna raised their target price on SolarEdge Technologies from $14.00 to $26.00 and gave the stock a "neutral" rating in a research note on Monday, July 21st. Finally, Jefferies Financial Group raised their target price on SolarEdge Technologies from $10.00 to $18.00 and gave the stock an "underperform" rating in a research note on Monday, July 14th. Seventeen analysts have rated the stock with a Hold rating and ten have assigned a Sell rating to the stock. Based on data from MarketBeat, SolarEdge Technologies presently has a consensus rating of "Reduce" and an average target price of $18.54.

SolarEdge Technologies Company Profile

SolarEdge Technologies, Inc, together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. It operates in two segments, Solar and Energy Storage.

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