Bayforest Capital Ltd Has $923,000 Stock Position in SolarEdge Technologies, Inc. $SEDG

Key Points

• Bayforest Capital Ltd increased its stake in SolarEdge Technologies by 367.3% during Q1, owning approximately $923,000 worth of shares after purchasing 44,831 additional shares.
• Institutional investors and hedge funds now own 95.10% of SolarEdge Technologies' stock, indicating strong interest from large financial entities.
• Wall Street analysts have raised their price targets for SolarEdge Technologies, with Barclays increasing their target from $12.00 to $29.00 in a recent report.

Bayforest Capital Ltd increased its stake in shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG - Free Report) by 367.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 57,036 shares of the semiconductor company's stock after acquiring an additional 44,831 shares during the quarter. Bayforest Capital Ltd owned about 0.10% of SolarEdge Technologies worth $923,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SEDG. Fifth Third Bancorp increased its position 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. Edmond DE Rothschild Holding S.A. increased its holdings in SolarEdge Technologies by 60.0% in the 1st 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 during the period. Banque Cantonale Vaudoise bought a new stake in SolarEdge Technologies in the 1st quarter valued at $35,000. US Bancorp DE increased its holdings in SolarEdge Technologies by 25.2% in the 1st 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 during the period. Finally, PNC Financial Services Group Inc. increased its holdings in SolarEdge Technologies by 32.4% in the 1st 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 during the period. Institutional investors own 95.10% of the company's stock.

SolarEdge Technologies Price Performance

Shares of NASDAQ:SEDG traded down $0.52 on Friday, hitting $28.97. The stock had a trading volume of 3,114,018 shares, compared to its average volume of 4,586,172. SolarEdge Technologies, Inc. has a twelve month low of $10.24 and a twelve month high of $35.77. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.42 and a current ratio of 1.94. The firm's 50 day moving average price is $28.80 and its 200-day moving average price is $20.93. The company has a market capitalization of $1.72 billion, a price-to-earnings ratio of -0.97 and a beta of 1.50.

SolarEdge Technologies (NASDAQ:SEDG - Get Free Report) last issued its earnings results on Thursday, August 7th. The semiconductor company reported ($0.81) EPS for the quarter, meeting the consensus estimate of ($0.81). SolarEdge Technologies had a negative net margin of 177.64% and a negative return on equity of 191.53%. The company had revenue of $289.43 million for the quarter, compared to the consensus estimate of $270.03 million. During the same quarter in the previous year, the company earned ($1.79) EPS. The firm'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, equities research analysts predict that SolarEdge Technologies, Inc. will post -4.54 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have issued reports on SEDG. Jefferies Financial Group boosted their price target on shares of SolarEdge Technologies from $10.00 to $18.00 and gave the company an "underperform" rating in a report on Monday, July 14th. Wall Street Zen raised shares of SolarEdge Technologies from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Mizuho boosted their price target on shares of SolarEdge Technologies from $18.00 to $29.00 and gave the company a "neutral" rating in a report on Monday, July 14th. KeyCorp raised shares of SolarEdge Technologies from an "underweight" rating to a "sector weight" rating in a report on Tuesday, July 8th. Finally, TD Cowen boosted their price target on shares of SolarEdge Technologies from $18.00 to $20.00 and gave the company a "hold" rating in a report on Friday, August 8th. Seventeen analysts have rated the stock with a Hold rating and ten have issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Reduce" and a consensus price target of $18.37.

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.