Vanguard Group Inc. Purchases 126,246 Shares of SolarEdge Technologies, Inc. $SEDG

Key Points

• Vanguard Group Inc. has increased its stake in SolarEdge Technologies by 4.4%, acquiring an additional 126,246 shares, bringing its total ownership to approximately 3,028,018 shares valued at around $48.99 million.
• SolarEdge Technologies reported a revenue of **$289.43 million** for the last quarter, surpassing analysts' expectations and showing a **9%** increase compared to the previous year, despite a negative EPS of ($0.81).
• Several institutional investors have recently significantly adjusted their positions in SolarEdge, with GAMMA Investing LLC increasing its stake by **2,680.8%** in the first quarter alone.

Vanguard Group Inc. boosted its stake in SolarEdge Technologies, Inc. (NASDAQ:SEDG - Free Report) by 4.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,028,018 shares of the semiconductor company's stock after acquiring an additional 126,246 shares during the period. Vanguard Group Inc. owned 5.13% of SolarEdge Technologies worth $48,993,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in SEDG. Fifth Third Bancorp boosted its position in shares of SolarEdge Technologies by 93.7% during the 1st quarter. Fifth Third Bancorp now owns 1,633 shares of the semiconductor company's stock valued at $26,000 after purchasing an additional 790 shares in the last quarter. US Bancorp DE boosted its holdings in shares of SolarEdge Technologies by 25.2% in the first 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 period. New York State Teachers Retirement System boosted its holdings in shares of SolarEdge Technologies by 1.5% in 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 buying an additional 1,000 shares during the period. PNC Financial Services Group Inc. boosted its holdings in shares of SolarEdge Technologies by 32.4% in the first 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 period. Finally, Banque Cantonale Vaudoise acquired a new position in shares of SolarEdge Technologies in the first quarter worth about $35,000. 95.10% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Roth Capital raised their target price on shares of SolarEdge Technologies from $15.00 to $25.00 and gave the stock a "neutral" rating in a report on Tuesday, August 5th. BNP Paribas Exane cut shares of SolarEdge Technologies from a "neutral" rating to an "underperform" rating and set a $17.00 target price for the company. in a report on Wednesday, July 16th. UBS Group raised their target price on shares of SolarEdge Technologies from $20.00 to $30.00 and gave the stock a "neutral" rating in a report on Tuesday, August 19th. JPMorgan Chase & Co. reissued a "neutral" rating and issued a $23.00 price target (up from $18.00) on shares of SolarEdge Technologies in a research report on Tuesday, July 15th. Finally, Wall Street Zen raised shares of SolarEdge Technologies from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. Eighteen investment analysts have rated the stock with a Hold rating and ten have issued 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 $18.20.

SolarEdge Technologies Stock Up 0.5%

SEDG traded up $0.16 during midday trading on Thursday, hitting $33.25. 2,053,046 shares of the company's stock traded hands, compared to its average volume of 4,690,018. The company has a market cap of $1.97 billion, a PE ratio of -1.11 and a beta of 1.56. The stock's fifty day simple moving average is $26.38 and its 200-day simple moving average is $19.75. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.94 and a quick ratio of 1.42. SolarEdge Technologies, Inc. has a one year low of $10.24 and a one year high of $34.36.

SolarEdge Technologies (NASDAQ:SEDG - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The semiconductor company reported ($0.81) earnings per share for the quarter, meeting the consensus estimate of ($0.81). The firm had revenue of $289.43 million for the quarter, compared to analyst estimates of $270.03 million. SolarEdge Technologies had a negative net margin of 177.64% and a negative return on equity of 191.53%. The company's revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter last year, the firm earned ($1.79) earnings per share. SolarEdge Technologies has set its Q3 2025 guidance at EPS. As a group, equities analysts anticipate that SolarEdge Technologies, Inc. will post -4.54 earnings per share for the current fiscal year.

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.