24,536 Shares in SolarEdge Technologies, Inc. $SEDG Acquired by Leonteq Securities AG

Leonteq Securities AG bought a new position in shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) in the 4th quarter, HoldingsChannel.com reports. The firm bought 24,536 shares of the semiconductor company’s stock, valued at approximately $708,000.

Several other institutional investors have also recently added to or reduced their stakes in SEDG. UBS Group AG lifted its stake in SolarEdge Technologies by 234.8% during the third quarter. UBS Group AG now owns 3,554,504 shares of the semiconductor company’s stock worth $131,517,000 after purchasing an additional 2,492,776 shares during the last quarter. Electron Capital Partners LLC lifted its stake in SolarEdge Technologies by 107.8% during the third quarter. Electron Capital Partners LLC now owns 1,732,566 shares of the semiconductor company’s stock worth $64,105,000 after purchasing an additional 898,802 shares during the last quarter. Handelsbanken Fonder AB purchased a new stake in SolarEdge Technologies during the third quarter worth approximately $24,348,000. Menora Mivtachim Holdings LTD. lifted its stake in SolarEdge Technologies by 41.1% during the third quarter. Menora Mivtachim Holdings LTD. now owns 2,103,521 shares of the semiconductor company’s stock worth $77,830,000 after purchasing an additional 612,884 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in SolarEdge Technologies during the third quarter worth approximately $21,595,000. Hedge funds and other institutional investors own 95.10% of the company’s stock.

Analyst Ratings Changes

SEDG has been the topic of several research analyst reports. Bank of America raised SolarEdge Technologies from an “underperform” rating to a “neutral” rating and lifted their price target for the stock from $17.00 to $40.00 in a research report on Tuesday, March 10th. Glj Research reiterated a “sell” rating on shares of SolarEdge Technologies in a research note on Monday, May 18th. Citigroup reduced their price objective on SolarEdge Technologies from $30.00 to $27.00 and set a “sell” rating for the company in a research note on Thursday, May 7th. Wells Fargo & Company boosted their price objective on SolarEdge Technologies from $33.00 to $36.00 and gave the company an “equal weight” rating in a research note on Friday, February 20th. Finally, Royal Bank Of Canada reduced their price objective on SolarEdge Technologies from $32.00 to $30.00 and set a “sector perform” rating for the company in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Buy rating, fifteen have assigned a Hold rating and seven have given a Sell rating to the stock. Based on data from MarketBeat, SolarEdge Technologies has an average rating of “Reduce” and a consensus target price of $31.15.

SolarEdge Technologies Price Performance

Shares of NASDAQ SEDG opened at $61.95 on Friday. The company has a current ratio of 2.02, a quick ratio of 1.36 and a debt-to-equity ratio of 0.85. SolarEdge Technologies, Inc. has a twelve month low of $13.73 and a twelve month high of $65.16. The stock has a 50 day moving average of $45.93 and a two-hundred day moving average of $38.31. The stock has a market cap of $3.77 billion, a P/E ratio of -10.11 and a beta of 1.18.

SolarEdge Technologies (NASDAQ:SEDG) last issued its quarterly earnings data on Wednesday, May 6th. The semiconductor company reported ($0.43) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.20). The firm had revenue of $309.90 million during the quarter, compared to analysts’ expectations of $305.49 million. SolarEdge Technologies had a negative net margin of 28.56% and a negative return on equity of 38.66%. SolarEdge Technologies’s quarterly revenue was up 41.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($1.14) EPS. On average, research analysts forecast that SolarEdge Technologies, Inc. will post -1.12 earnings per share for the current year.

Insider Activity

In other news, Chairman More Avery sold 2,566 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $38.76, for a total value of $99,458.16. Following the transaction, the chairman owned 295,379 shares of the company’s stock, valued at approximately $11,448,890.04. The trade was a 0.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.71% of the company’s stock.

About SolarEdge Technologies

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.