Versor Investments LP Buys Shares of 25,500 SolarEdge Technologies, Inc. $SEDG

Key Points

• Versor Investments LP has acquired 25,500 shares of SolarEdge Technologies, valued at approximately $413,000, signaling institutional interest in the semiconductor company.
• Other institutional investors, like Fifth Third Bancorp and PNC Financial Services Group, have also significantly increased their stakes in SolarEdge, with institutional investors holding over 95.10% of the company's stock.
• SolarEdge reported a quarterly revenue increase of 9% year-over-year, despite a negative earnings per share of ($0.81), with analysts projecting a consensus rating of "Reduce" for the stock.

Versor Investments LP acquired a new stake in SolarEdge Technologies, Inc. (NASDAQ:SEDG - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 25,500 shares of the semiconductor company's stock, valued at approximately $413,000.

Other institutional investors have also recently bought and sold shares of the company. GAMMA Investing LLC raised its position in SolarEdge Technologies by 2,680.8% in the 1st quarter. GAMMA Investing LLC now owns 146,380 shares of the semiconductor company's stock valued at $2,368,000 after purchasing an additional 141,116 shares during the last quarter. Teza Capital Management LLC raised its position in SolarEdge Technologies by 59.1% in the 4th quarter. Teza Capital Management LLC now owns 50,052 shares of the semiconductor company's stock valued at $681,000 after purchasing an additional 18,602 shares during the last quarter. Aquatic Capital Management LLC raised its position in SolarEdge Technologies by 204.3% in the 4th quarter. Aquatic Capital Management LLC now owns 320,711 shares of the semiconductor company's stock valued at $4,362,000 after purchasing an additional 215,311 shares during the last quarter. Sphera Management Technology Funds Ltd bought a new position in SolarEdge Technologies in the 4th quarter valued at $816,000. Finally, SIR Capital Management L.P. bought a new position in SolarEdge Technologies in the 4th quarter valued at $2,569,000. Institutional investors own 95.10% of the company's stock.

SolarEdge Technologies Trading Up 0.8%

Shares of SolarEdge Technologies stock traded up $0.26 during trading on Tuesday, reaching $32.25. 3,409,566 shares of the company were exchanged, compared to its average volume of 4,950,363. 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, Inc. has a twelve month low of $10.24 and a twelve month high of $34.36. The business has a 50-day moving average price of $25.73 and a 200-day moving average price of $19.53. The firm has a market capitalization of $1.92 billion, a price-to-earnings ratio of -1.08 and a beta of 1.56.

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

Analysts Set New Price Targets

SEDG has been the subject of several research analyst reports. Wells Fargo & Company lifted their price objective on SolarEdge Technologies from $15.00 to $24.00 and gave the company an "equal weight" rating in a research report on Friday, August 8th. Guggenheim boosted their target price on SolarEdge Technologies from $5.00 to $7.00 and gave the stock a "sell" rating in a research report on Monday. Northland Capmk upgraded SolarEdge Technologies from a "strong sell" rating to a "hold" rating in a research report on Friday, May 23rd. Barclays upgraded SolarEdge Technologies from an "underweight" rating to an "equal weight" rating and boosted their target price for the stock from $12.00 to $29.00 in a research report on Monday, July 14th. Finally, Roth Capital boosted their target price on SolarEdge Technologies from $15.00 to $25.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 5th. Eighteen investment analysts have rated the stock with a Hold rating and ten have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Reduce" and an average price target of $18.20.

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.