Interval Partners LP Has $1.24 Million Position in SolarEdge Technologies, Inc. $SEDG

Key Points

• Interval Partners LP increased its stake in SolarEdge Technologies by 249.4% during the first quarter, owning 76,387 shares valued at $1.236 million after acquiring additional shares.
• Other institutional investors, such as Ion Asset Management Ltd. and AlphaQuest LLC, also significantly increased their positions, reflecting a growing institutional interest in SolarEdge Technologies.
• SolarEdge Technologies reported a quarterly revenue of $289.43 million, exceeding consensus estimates, but recorded a net margin of -177.64%.

Interval Partners LP raised its position in SolarEdge Technologies, Inc. (NASDAQ:SEDG - Free Report) by 249.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 76,387 shares of the semiconductor company's stock after buying an additional 54,523 shares during the quarter. Interval Partners LP owned about 0.13% of SolarEdge Technologies worth $1,236,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of SEDG. Fifth Third Bancorp grew its holdings in shares of SolarEdge Technologies by 93.7% during the 1st quarter. Fifth Third Bancorp now owns 1,633 shares of the semiconductor company's stock valued at $26,000 after purchasing an additional 790 shares during the last quarter. Edmond DE Rothschild Holding S.A. grew its holdings in shares of SolarEdge Technologies by 60.0% during the 1st quarter. Edmond DE Rothschild Holding S.A. now owns 1,600 shares of the semiconductor company's stock valued at $26,000 after purchasing an additional 600 shares during the last quarter. Banque Cantonale Vaudoise bought a new stake in shares of SolarEdge Technologies during the 1st quarter valued at approximately $35,000. US Bancorp DE grew its holdings in shares of SolarEdge Technologies by 25.2% during the 1st quarter. US Bancorp DE now owns 4,560 shares of the semiconductor company's stock valued at $74,000 after purchasing an additional 918 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in shares of SolarEdge Technologies by 32.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 7,851 shares of the semiconductor company's stock valued at $127,000 after purchasing an additional 1,921 shares during the last quarter. 95.10% of the stock is owned by institutional investors.

SolarEdge Technologies Trading Down 10.2%

Shares of NASDAQ SEDG traded down $3.40 during midday trading on Tuesday, reaching $30.04. The stock had a trading volume of 7,134,978 shares, compared to its average volume of 4,835,943. The firm has a market cap of $1.78 billion, a price-to-earnings ratio of -1.00 and a beta of 1.49. SolarEdge Technologies, Inc. has a twelve month low of $10.24 and a twelve month high of $35.77. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.42 and a current ratio of 1.94. The company's 50 day moving average price is $28.45 and its 200 day moving average price is $20.64.

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 analysts' consensus estimates of ($0.81). The firm had revenue of $289.43 million for the quarter, compared to the consensus estimate of $270.03 million. SolarEdge Technologies had a negative net margin of 177.64% and a negative return on equity of 191.53%. The company's revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the company earned ($1.79) EPS. SolarEdge Technologies has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect that SolarEdge Technologies, Inc. will post -4.54 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on SEDG shares. Susquehanna lifted their price target on shares of SolarEdge Technologies from $14.00 to $26.00 and gave the company a "neutral" rating in a report on Monday, July 21st. Northland Securities raised shares of SolarEdge Technologies from an "under perform" rating to a "market perform" rating and set a $15.50 price target on the stock in a report on Friday, May 23rd. KeyCorp raised shares of SolarEdge Technologies from an "underweight" rating to a "sector weight" rating in a report on Tuesday, July 8th. Glj Research lowered shares of SolarEdge Technologies from a "hold" rating to a "strong sell" rating and set a $6.90 target price on the stock. in a report on Tuesday, June 17th. Finally, TD Cowen boosted their target price on shares of SolarEdge Technologies from $18.00 to $20.00 and gave the stock a "hold" rating in a report on Friday, August 8th. Seventeen equities research analysts have rated the stock with a Hold rating and ten have given a Sell rating to the company's stock. According to MarketBeat, SolarEdge Technologies currently has an average rating of "Reduce" and a consensus price target of $18.20.

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.