UBS Group AG Buys 655,925 Shares of SolarEdge Technologies, Inc. $SEDG

Key Points

• UBS Group AG increased its stake in SolarEdge by 18.5%, buying 655,925 shares to hold 4,210,429 shares (about 7.04%) worth $121.47 million per its SEC filing.
• Analyst sentiment is mixed-to-negative: one Buy, 17 Hold and seven Sell with a MarketBeat consensus rating of "Reduce" and a consensus target price of $29.90, though some firms have recently raised price targets.
• SolarEdge trades near $42.91 with a $2.61 billion market cap but has negative earnings (last quarter EPS -$0.14, consensus -0.94 for the year), a negative net margin, and high institutional ownership (95.1%).

UBS Group AG raised its stake in SolarEdge Technologies, Inc. (NASDAQ:SEDG - Free Report) by 18.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,210,429 shares of the semiconductor company's stock after buying an additional 655,925 shares during the period. UBS Group AG owned about 7.04% of SolarEdge Technologies worth $121,471,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in SEDG. Public Sector Pension Investment Board increased its position in SolarEdge Technologies by 15.0% during the 3rd quarter. Public Sector Pension Investment Board now owns 231,604 shares of the semiconductor company's stock valued at $8,569,000 after purchasing an additional 30,264 shares during the period. Convergence Investment Partners LLC purchased a new position in SolarEdge Technologies during the 3rd quarter valued at $3,033,000. SG Americas Securities LLC increased its position in SolarEdge Technologies by 59.7% during the 3rd quarter. SG Americas Securities LLC now owns 103,033 shares of the semiconductor company's stock valued at $3,812,000 after purchasing an additional 38,511 shares during the period. Aquatic Capital Management LLC increased its position in SolarEdge Technologies by 1,282.8% during the 3rd quarter. Aquatic Capital Management LLC now owns 125,473 shares of the semiconductor company's stock valued at $4,643,000 after purchasing an additional 116,399 shares during the period. Finally, PGGM Investments purchased a new position in SolarEdge Technologies during the 3rd quarter valued at $24,438,000. Institutional investors own 95.10% of the company's stock.

Wall Street Analysts Forecast Growth

SEDG has been the topic of a number of research analyst reports. Jefferies Financial Group raised shares of SolarEdge Technologies from an "underperform" rating to a "hold" rating and boosted their price objective for the company from $30.00 to $49.00 in a research report on Friday, March 20th. Raymond James Financial initiated coverage on shares of SolarEdge Technologies in a research report on Tuesday, January 13th. They set a "market perform" rating on the stock. JPMorgan Chase & Co. boosted their price objective on shares of SolarEdge Technologies from $32.00 to $35.00 and gave the company a "neutral" rating in a research report on Thursday, April 16th. Susquehanna upped their target price on shares of SolarEdge Technologies from $37.00 to $45.00 and gave the stock a "neutral" rating in a research report on Thursday, April 9th. Finally, The Goldman Sachs Group reaffirmed a "sell" rating and issued a $31.00 target price (down from $36.00) on shares of SolarEdge Technologies in a research report on Wednesday, April 15th. One research analyst has rated the stock with a Buy rating, seventeen have issued a Hold rating and seven have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of "Reduce" and a consensus target price of $29.90.

SolarEdge Technologies Stock Up 0.1%

NASDAQ:SEDG opened at $42.91 on Friday. The firm's 50-day moving average price is $42.72 and its 200-day moving average price is $37.18. The company has a market capitalization of $2.61 billion, a PE ratio of -6.24 and a beta of 1.35. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.17 and a quick ratio of 1.48. SolarEdge Technologies, Inc. has a 1-year low of $12.47 and a 1-year high of $53.75.

SolarEdge Technologies (NASDAQ:SEDG - Get Free Report) last released its earnings results on Thursday, February 26th. The semiconductor company reported ($0.14) earnings per share for the quarter. The business had revenue of $333.80 million during the quarter. SolarEdge Technologies had a negative return on equity of 45.54% and a negative net margin of 34.23%. On average, equities analysts predict that SolarEdge Technologies, Inc. will post -0.94 EPS for the current fiscal year.

SolarEdge Technologies Profile

SolarEdge Technologies NASDAQ: SEDG is a global provider of solar energy solutions focused on optimizing photovoltaic (PV) power generation. The company's core offerings include power optimizers, inverters and cloud-based monitoring platforms designed to maximize energy output and improve safety across residential, commercial and utility-scale installations. By coupling module-level electronics with centralized inverters, SolarEdge's technology enables real-time performance monitoring and rapid fault detection to enhance system reliability.

In recent years, SolarEdge has expanded its product portfolio beyond solar PV to include energy storage systems, electric vehicle (EV) charging solutions and smart energy management tools.

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