SolarEdge Technologies, Inc. $SEDG Shares Purchased by Graham Capital Management L.P.

Key Points

• Graham Capital Management L.P. increased its stake in SolarEdge Technologies by 34.9%, acquiring 35,610 shares, bringing their total ownership to 137,556 shares valued at approximately $2.23 million.
• Institutional investors own a substantial 95.10% of SolarEdge's stock, indicating strong institutional support for the company amid fluctuating market conditions.
• Recent analyst reports suggest a positive outlook, with target price increases from several firms, including Wells Fargo raising it from $15.00 to $24.00, indicating growing confidence in SolarEdge's future performance.

Graham Capital Management L.P. grew its holdings in shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG - Free Report) by 34.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 137,556 shares of the semiconductor company's stock after buying an additional 35,610 shares during the period. Graham Capital Management L.P. owned 0.23% of SolarEdge Technologies worth $2,226,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of SEDG. Tower Research Capital LLC TRC lifted its holdings in SolarEdge Technologies by 163.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 13,891 shares of the semiconductor company's stock worth $189,000 after buying an additional 8,618 shares during the last quarter. Northern Trust Corp lifted its holdings in SolarEdge Technologies by 3.2% during the 4th quarter. Northern Trust Corp now owns 244,903 shares of the semiconductor company's stock worth $3,331,000 after buying an additional 7,487 shares during the last quarter. Schonfeld Strategic Advisors LLC lifted its holdings in SolarEdge Technologies by 283.1% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 146,656 shares of the semiconductor company's stock worth $1,995,000 after buying an additional 108,377 shares during the last quarter. Mercer Global Advisors Inc. ADV purchased a new stake in SolarEdge Technologies during the 4th quarter worth about $145,000. Finally, AXA S.A. purchased a new stake in SolarEdge Technologies during the 4th quarter worth about $1,618,000. 95.10% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on SEDG. Wall Street Zen raised SolarEdge Technologies from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Northland Capmk upgraded SolarEdge Technologies from a "strong sell" rating to a "hold" rating in a research report on Friday, May 23rd. Oppenheimer reissued a "market perform" rating on shares of SolarEdge Technologies in a report on Monday, August 11th. Wells Fargo & Company upped their target price on SolarEdge Technologies from $15.00 to $24.00 and gave the company an "equal weight" rating in a research report on Friday, August 8th. Finally, TD Cowen raised their price target on SolarEdge Technologies from $18.00 to $20.00 and gave the stock a "hold" rating in a research note on Friday, August 8th. Seventeen analysts have rated the stock with a Hold rating and ten have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Reduce" and a consensus price target of $18.20.

SolarEdge Technologies Stock Performance

NASDAQ:SEDG traded up $0.26 during mid-day trading on Friday, reaching $34.42. 5,843,086 shares of the stock were exchanged, compared to its average volume of 4,170,117. The company has a 50 day simple moving average of $28.19 and a 200-day simple moving average of $20.51. The stock has a market capitalization of $2.04 billion, a P/E ratio of -1.15 and a beta of 1.50. The company has a quick ratio of 1.42, a current ratio of 1.94 and a debt-to-equity ratio of 0.72. SolarEdge Technologies, Inc. has a 1 year low of $10.24 and a 1 year high of $35.77.

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, meeting the consensus estimate of ($0.81). The firm had revenue of $289.43 million for the quarter, compared to analysts' expectations of $270.03 million. SolarEdge Technologies had a negative return on equity of 191.53% and a negative net margin of 177.64%.The firm's revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($1.79) EPS. SolarEdge Technologies has set its Q3 2025 guidance at EPS. Analysts anticipate that SolarEdge Technologies, Inc. will post -4.54 earnings per share for the current fiscal year.

SolarEdge Technologies 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.