SolarEdge Technologies, Inc. $SEDG Holdings Decreased by Banco Bilbao Vizcaya Argentaria S.A.

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

Other institutional investors have also made changes to their positions in the company. Fifth Third Bancorp grew its stake in SolarEdge Technologies by 93.7% during the 1st quarter. Fifth Third Bancorp now owns 1,633 shares of the semiconductor company's stock worth $26,000 after buying an additional 790 shares during the last quarter. Banque Cantonale Vaudoise bought a new position in SolarEdge Technologies during the 1st quarter worth $35,000. US Bancorp DE grew its stake in SolarEdge Technologies by 25.2% during the 1st quarter. US Bancorp DE now owns 4,560 shares of the semiconductor company's stock worth $74,000 after buying an additional 918 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in 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 worth $127,000 after buying an additional 1,921 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV bought a new position in SolarEdge Technologies during the 4th quarter worth $145,000. 95.10% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Wells Fargo & Company upped their price objective on SolarEdge Technologies from $15.00 to $24.00 and gave the stock an "equal weight" rating in a research note on Friday, August 8th. Barclays upgraded SolarEdge Technologies from an "underweight" rating to an "equal weight" rating and boosted their price target for the stock from $12.00 to $29.00 in a research report on Monday, July 14th. 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. Jefferies Financial Group boosted their price target on SolarEdge Technologies from $10.00 to $18.00 and gave the stock an "underperform" rating in a research report on Monday, July 14th. Finally, Mizuho boosted their price target on SolarEdge Technologies from $18.00 to $29.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. Eighteen analysts have rated the stock with a Hold rating and ten have given a Sell rating to the stock. According to data from MarketBeat, SolarEdge Technologies presently has a consensus rating of "Reduce" and a consensus price target of $18.12.

SolarEdge Technologies Trading Up 13.5%

Shares of SEDG stock opened at $34.30 on Friday. The stock has a 50-day simple moving average of $25.24 and a 200 day simple moving average of $19.25. SolarEdge Technologies, Inc. has a fifty-two week low of $10.24 and a fifty-two week high of $34.36. The stock has a market capitalization of $2.04 billion, a P/E ratio of -1.14 and a beta of 1.56. The company has a quick ratio of 1.42, a current ratio of 1.94 and a debt-to-equity ratio of 0.72.

SolarEdge Technologies (NASDAQ:SEDG - Get Free Report) last announced its earnings results on Thursday, August 7th. The semiconductor company reported ($0.81) earnings per share for the quarter, meeting the consensus estimate 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 analysts' expectations of $270.03 million. During the same quarter last year, the business posted ($1.79) earnings per share. The company's quarterly revenue was up 9.0% on a year-over-year basis. SolarEdge Technologies has set its Q3 2025 guidance at EPS. On average, sell-side analysts expect that SolarEdge Technologies, Inc. will post -4.54 earnings per share for the current fiscal year.

About SolarEdge Technologies

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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