Versor Investments LP Invests $413,000 in 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 position in SolarEdge Technologies, Inc. (NASDAQ:SEDG - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 25,500 shares of the semiconductor company's stock, valued at approximately $413,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC boosted its holdings in shares of SolarEdge Technologies by 2,680.8% in the first quarter. GAMMA Investing LLC now owns 146,380 shares of the semiconductor company's stock worth $2,368,000 after buying an additional 141,116 shares during the last quarter. Teza Capital Management LLC boosted its holdings in shares of SolarEdge Technologies by 59.1% in the fourth quarter. Teza Capital Management LLC now owns 50,052 shares of the semiconductor company's stock worth $681,000 after buying an additional 18,602 shares during the last quarter. Aquatic Capital Management LLC boosted its holdings in shares of SolarEdge Technologies by 204.3% in the fourth quarter. Aquatic Capital Management LLC now owns 320,711 shares of the semiconductor company's stock worth $4,362,000 after buying an additional 215,311 shares during the last quarter. Sphera Management Technology Funds Ltd purchased a new position in shares of SolarEdge Technologies in the fourth quarter worth approximately $816,000. Finally, SIR Capital Management L.P. purchased a new position in shares of SolarEdge Technologies in the fourth quarter worth approximately $2,569,000. Hedge funds and other institutional investors own 95.10% of the company's stock.

SolarEdge Technologies Price Performance

Shares of SEDG stock traded up $4.09 during mid-day trading on Friday, hitting $34.30. The company had a trading volume of 4,978,618 shares, compared to its average volume of 4,748,732. SolarEdge Technologies, Inc. has a 52-week low of $10.24 and a 52-week high of $34.36. The stock's 50 day moving average price is $25.24 and its 200-day moving average price is $19.28. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.94 and a quick ratio of 1.42. The company has a market capitalization of $2.04 billion, a P/E ratio of -1.14 and a beta of 1.56.

SolarEdge Technologies (NASDAQ:SEDG - Get Free Report) last released its earnings results on Thursday, August 7th. The semiconductor company reported ($0.81) EPS for the quarter, hitting 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 firm 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 firm earned ($1.79) earnings per share. The company's quarterly revenue was up 9.0% compared to the same quarter last year. SolarEdge Technologies has set its Q3 2025 guidance at EPS. Equities research analysts forecast that SolarEdge Technologies, Inc. will post -4.54 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently issued reports on SEDG. Northland Capmk raised shares of SolarEdge Technologies from a "strong sell" rating to a "hold" rating in a report on Friday, May 23rd. BNP Paribas Exane downgraded shares of SolarEdge Technologies from a "neutral" rating to an "underperform" rating and set a $17.00 price target on the stock. in a report on Wednesday, July 16th. Canaccord Genuity Group lifted their price target on shares of SolarEdge Technologies from $14.00 to $16.50 and gave the company a "hold" rating in a report on Wednesday, May 7th. Wall Street Zen raised shares of SolarEdge Technologies from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Finally, TD Cowen lifted 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. Eighteen investment analysts have rated the stock with a Hold rating and ten have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Reduce" and an average price target of $18.12.

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.