SolarEdge Technologies, Inc. $SEDG Stock Holdings Lessened by Quantbot Technologies LP

Key Points

• Quantbot Technologies LP reduced its stake in SolarEdge Technologies by 86.8%, selling 33,944 shares and leaving it with 5,180 shares valued at $84,000 as of the end of the first quarter.
• Several institutional investors have recently adjusted their holdings, with Fifth Third Bancorp increasing its stake by 93.7% and US Bancorp DE growing its investment by 25.2%.
• Analysts have raised their price targets for SolarEdge Technologies, with estimates ranging from $18 to $29, while the stock currently carries an average rating of "Reduce" with a consensus price target of $18.20.

Quantbot Technologies LP lessened its position in shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG - Free Report) by 86.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,180 shares of the semiconductor company's stock after selling 33,944 shares during the period. Quantbot Technologies LP's holdings in SolarEdge Technologies were worth $84,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Point72 Asset Management L.P. acquired a new position in shares of SolarEdge Technologies in the 4th quarter valued at about $17,909,000. Migdal Insurance & Financial Holdings Ltd. raised its position in SolarEdge Technologies by 10,038.2% in the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,109,225 shares of the semiconductor company's stock valued at $17,945,000 after purchasing an additional 1,098,284 shares during the period. Sphera Funds Management LTD. acquired a new position in shares of SolarEdge Technologies during the fourth quarter worth about $5,100,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of SolarEdge Technologies by 156.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 612,392 shares of the semiconductor company's stock worth $8,311,000 after buying an additional 373,577 shares during the period. Finally, ASR Vermogensbeheer N.V. acquired a new stake in shares of SolarEdge Technologies in the first quarter valued at about $4,017,000. 95.10% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently commented on SEDG shares. Susquehanna boosted their price target on SolarEdge Technologies from $14.00 to $26.00 and gave the stock a "neutral" rating in a research report on Monday, July 21st. Jefferies Financial Group boosted their target price on shares of SolarEdge Technologies from $10.00 to $18.00 and gave the stock an "underperform" rating in a research report on Monday, July 14th. Guggenheim upped their target price on shares of SolarEdge Technologies from $5.00 to $7.00 and gave the company a "sell" rating in a research note on Monday, August 25th. Wells Fargo & Company lifted their price target on shares of SolarEdge Technologies from $15.00 to $24.00 and gave the stock an "equal weight" rating in a research note on Friday, August 8th. Finally, Roth Capital boosted their price objective on shares of SolarEdge Technologies from $15.00 to $25.00 and gave the stock a "neutral" rating in a report on Tuesday, August 5th. Seventeen research analysts have rated the stock with a Hold rating and ten have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Reduce" and an average price target of $18.20.

SolarEdge Technologies Stock Up 2.9%

Shares of SolarEdge Technologies stock traded up $0.95 during trading on Thursday, reaching $34.16. The company had a trading volume of 3,411,839 shares, compared to its average volume of 4,486,909. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.42 and a current ratio of 1.94. SolarEdge Technologies, Inc. has a fifty-two week low of $10.24 and a fifty-two week high of $34.67. The firm's fifty day moving average is $27.90 and its 200-day moving average is $20.39. The company has a market cap of $2.03 billion, a price-to-earnings ratio of -1.14 and a beta of 1.50.

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