SolarEdge Technologies, Inc. $SEDG Stock Position Decreased by Scientech Research LLC

Scientech Research LLC lowered its position in shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG - Free Report) by 21.4% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 52,097 shares of the semiconductor company's stock after selling 14,192 shares during the quarter. Scientech Research LLC owned about 0.09% of SolarEdge Technologies worth $843,000 at the end of the most recent quarter.

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

SolarEdge Technologies Stock Performance

SEDG stock traded down $0.52 on Friday, reaching $28.97. The company's stock had a trading volume of 3,114,018 shares, compared to its average volume of 4,586,172. SolarEdge Technologies, Inc. has a 52 week low of $10.24 and a 52 week high of $35.77. The company has a market capitalization of $1.72 billion, a P/E ratio of -0.97 and a beta of 1.50. The firm has a fifty day moving average of $28.80 and a two-hundred day moving average of $20.93. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.94 and a quick ratio of 1.42.

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 analysts' consensus estimates of ($0.81). The firm had revenue of $289.43 million during the quarter, compared to analyst estimates 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 quarterly revenue was up 9.0% on a year-over-year basis. During the same period last year, the company posted ($1.79) EPS. SolarEdge Technologies has set its Q3 2025 guidance at EPS. As a group, analysts predict that SolarEdge Technologies, Inc. will post -4.54 EPS for the current fiscal year.

Analysts Set New Price Targets

SEDG has been the topic of a number of research reports. Susquehanna increased 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. Oppenheimer reiterated a "market perform" rating on shares of SolarEdge Technologies in a research report on Monday, August 11th. Wells Fargo & Company increased their price target on SolarEdge Technologies from $15.00 to $24.00 and gave the stock an "equal weight" rating in a research report on Friday, August 8th. The Goldman Sachs Group increased their price target on SolarEdge Technologies from $27.00 to $31.00 and gave the stock a "neutral" rating in a research report on Thursday. Finally, TD Cowen increased their price target on SolarEdge Technologies from $18.00 to $20.00 and gave the stock a "hold" rating in a research report on Friday, August 8th. Seventeen analysts have rated the stock with a Hold rating and ten have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Reduce" and an average price target of $18.37.

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.