Scientech Research LLC lessened its holdings in SolarEdge Technologies, Inc. (NASDAQ:SEDG - Free Report) by 21.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 52,097 shares of the semiconductor company's stock after selling 14,192 shares during the period. Scientech Research LLC owned 0.09% of SolarEdge Technologies worth $843,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also added to or reduced their stakes in SEDG. Point72 Asset Management L.P. bought a new stake in SolarEdge Technologies in the 4th quarter valued at $17,909,000. Ion Asset Management Ltd. raised its stake in SolarEdge Technologies by 135.9% in the 1st quarter. Ion Asset Management Ltd. now owns 2,082,497 shares of the semiconductor company's stock valued at $33,695,000 after acquiring an additional 1,199,801 shares during the period. Migdal Insurance & Financial Holdings Ltd. raised its stake in SolarEdge Technologies by 10,038.2% in the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,109,225 shares of the semiconductor company's stock valued at $17,945,000 after acquiring an additional 1,098,284 shares during the period. Sphera Funds Management LTD. acquired a new position in SolarEdge Technologies in the 4th quarter valued at $5,100,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in SolarEdge Technologies by 156.4% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 612,392 shares of the semiconductor company's stock valued at $8,311,000 after buying an additional 373,577 shares in the last quarter. Institutional investors own 95.10% of the company's stock.
SolarEdge Technologies Stock Performance
NASDAQ:SEDG opened at $34.42 on Monday. 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 firm has a market capitalization of $2.04 billion, a PE ratio of -1.15 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 stock's 50-day simple moving average is $28.19 and its 200 day simple moving average is $20.53.
SolarEdge Technologies (NASDAQ:SEDG - Get Free Report) last posted its earnings results on Thursday, August 7th. The semiconductor company reported ($0.81) EPS for the quarter, meeting the consensus estimate of ($0.81). The firm had revenue of $289.43 million during the quarter, compared to the consensus estimate of $270.03 million. SolarEdge Technologies had a negative return on equity of 191.53% and a negative net margin of 177.64%.The business's quarterly revenue was up 9.0% on a year-over-year basis. During the same period last year, the company earned ($1.79) earnings per share. 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 fiscal year.
Analyst Ratings Changes
A number of research analysts have commented on SEDG shares. BNP Paribas raised SolarEdge Technologies to a "strong sell" rating in a report on Wednesday, July 16th. Northland Securities raised SolarEdge Technologies from an "under perform" rating to a "market perform" rating and set a $15.50 price objective on the stock in a report on Friday, May 23rd. BNP Paribas Exane lowered SolarEdge Technologies from a "neutral" rating to an "underperform" rating and set a $17.00 price objective on the stock. in a report on Wednesday, July 16th. Guggenheim upped their price objective on SolarEdge Technologies from $5.00 to $7.00 and gave the company a "sell" rating in a report on Monday, August 25th. Finally, Oppenheimer reaffirmed a "market perform" rating on shares of SolarEdge Technologies in a report on Monday, August 11th. Seventeen analysts have rated the stock with a Hold rating and ten have given a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Reduce" and an average price target of $18.20.
Read Our Latest Analysis on SolarEdge Technologies
SolarEdge Technologies Profile
(
Free Report)
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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