Banco Bilbao Vizcaya Argentaria S.A. Has $814,000 Holdings in SolarEdge Technologies, Inc. $SEDG

Key Points

• Banco Bilbao Vizcaya Argentaria S.A. reduced its holdings in SolarEdge Technologies by 13.7%, now owning approximately 52,610 shares valued at $814,000.
• Institutional investors continue to show interest, with Fifth Third Bancorp increasing its stake by 93.7% and several other firms making new purchases in the first quarter.
• Recent analyst evaluations indicate a mixed outlook for SolarEdge, with price targets ranging from $6.90 to $29, and a consensus rating of "Reduce" on the stock.

Banco Bilbao Vizcaya Argentaria S.A. reduced its position in shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG - Free Report) by 13.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 52,610 shares of the semiconductor company's stock after selling 8,358 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. owned approximately 0.09% of SolarEdge Technologies worth $814,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Deutsche Bank AG grew its holdings in SolarEdge Technologies by 0.5% during the first quarter. Deutsche Bank AG now owns 148,734 shares of the semiconductor company's stock worth $2,407,000 after acquiring an additional 766 shares during the period. Fifth Third Bancorp grew its holdings in SolarEdge Technologies by 93.7% during the first quarter. Fifth Third Bancorp now owns 1,633 shares of the semiconductor company's stock worth $26,000 after acquiring an additional 790 shares during the period. US Bancorp DE grew its holdings in SolarEdge Technologies by 25.2% during the first quarter. US Bancorp DE now owns 4,560 shares of the semiconductor company's stock worth $74,000 after acquiring an additional 918 shares during the period. New York State Teachers Retirement System grew its holdings in SolarEdge Technologies by 1.5% during the first quarter. New York State Teachers Retirement System now owns 66,436 shares of the semiconductor company's stock worth $1,075,000 after acquiring an additional 1,000 shares during the period. Finally, Hsbc Holdings PLC grew its holdings in SolarEdge Technologies by 17.5% during the first quarter. Hsbc Holdings PLC now owns 12,312 shares of the semiconductor company's stock worth $192,000 after acquiring an additional 1,836 shares during the period. 95.10% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

SEDG has been the topic of a number of research analyst reports. BNP Paribas Exane lowered SolarEdge Technologies from a "neutral" rating to an "underperform" rating and set a $17.00 target price on the stock. in a report on Wednesday, July 16th. Susquehanna lifted their target price on SolarEdge Technologies from $14.00 to $26.00 and gave the stock a "neutral" rating in a report on Monday, July 21st. TD Cowen increased their price target on SolarEdge Technologies from $18.00 to $20.00 and gave the company a "hold" rating in a research report on Friday, August 8th. Glj Research lowered SolarEdge Technologies from a "hold" rating to a "strong sell" rating and set a $6.90 price target for the company. in a research report on Tuesday, June 17th. Finally, BNP Paribas upgraded SolarEdge Technologies to a "strong sell" rating in a research report on Wednesday, July 16th. Eighteen analysts have rated the stock with a Hold rating and ten have assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of "Reduce" and an average price target of $18.20.

SolarEdge Technologies Stock Up 2.3%

NASDAQ SEDG traded up $0.77 during trading on Thursday, reaching $33.86. 806,350 shares of the company's stock were exchanged, compared to its average volume of 4,834,977. SolarEdge Technologies, Inc. has a fifty-two week low of $10.24 and a fifty-two week high of $34.36. The firm has a market capitalization of $2.01 billion, a PE ratio of -1.13 and a beta of 1.56. The company has a current ratio of 1.94, a quick ratio of 1.42 and a debt-to-equity ratio of 0.72. The company's fifty day simple moving average is $26.05 and its 200-day simple moving average is $19.62.

SolarEdge Technologies (NASDAQ:SEDG - Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $289.43 million during the quarter, compared to analyst estimates of $270.03 million. During the same period last year, the company posted ($1.79) EPS. The business's quarterly revenue was up 9.0% compared to the same quarter last year. SolarEdge Technologies has set its Q3 2025 guidance at EPS. Sell-side analysts predict that SolarEdge Technologies, Inc. will post -4.54 EPS for the current year.

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.