SolarEdge Technologies, Inc. $SEDG Shares Purchased by Public Sector Pension Investment Board

Public Sector Pension Investment Board raised its holdings in shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) by 15.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 231,604 shares of the semiconductor company’s stock after buying an additional 30,264 shares during the period. Public Sector Pension Investment Board owned about 0.39% of SolarEdge Technologies worth $8,569,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Phoenix Financial Ltd. purchased a new stake in shares of SolarEdge Technologies during the 2nd quarter valued at about $216,000. SG Americas Securities LLC grew its position in SolarEdge Technologies by 59.7% in the third quarter. SG Americas Securities LLC now owns 103,033 shares of the semiconductor company’s stock valued at $3,812,000 after acquiring an additional 38,511 shares in the last quarter. Convergence Investment Partners LLC purchased a new stake in shares of SolarEdge Technologies during the third quarter valued at approximately $3,033,000. Menora Mivtachim Holdings LTD. raised its stake in shares of SolarEdge Technologies by 213.4% during the second quarter. Menora Mivtachim Holdings LTD. now owns 1,490,637 shares of the semiconductor company’s stock valued at $30,409,000 after purchasing an additional 1,015,017 shares during the period. Finally, PGGM Investments purchased a new position in shares of SolarEdge Technologies in the third quarter valued at $24,438,000. 95.10% of the stock is currently owned by hedge funds and other institutional investors.

SolarEdge Technologies Trading Up 3.3%

Shares of NASDAQ SEDG opened at $35.53 on Tuesday. The company has a quick ratio of 1.60, a current ratio of 2.28 and a debt-to-equity ratio of 0.78. The stock’s 50 day moving average price is $32.32 and its two-hundred day moving average price is $33.56. SolarEdge Technologies, Inc. has a 52-week low of $11.00 and a 52-week high of $48.60. The stock has a market capitalization of $2.12 billion, a P/E ratio of -3.67 and a beta of 1.66.

Analysts Set New Price Targets

Several research firms recently issued reports on SEDG. Wells Fargo & Company dropped their price target on shares of SolarEdge Technologies from $42.00 to $33.00 and set an “equal weight” rating on the stock in a research note on Friday, December 19th. BMO Capital Markets lifted their target price on SolarEdge Technologies from $19.00 to $25.00 and gave the stock an “underperform” rating in a research report on Thursday, November 6th. Barclays increased their price target on SolarEdge Technologies from $36.00 to $39.00 and gave the company an “equal weight” rating in a report on Thursday, January 15th. Royal Bank Of Canada lifted their price objective on SolarEdge Technologies from $25.00 to $34.00 and gave the stock a “sector perform” rating in a report on Thursday, November 6th. Finally, UBS Group upped their target price on SolarEdge Technologies from $30.00 to $40.00 and gave the company a “neutral” rating in a research report on Friday, November 14th. One analyst has rated the stock with a Buy rating, sixteen have given a Hold rating and eight have issued a Sell rating to the company’s stock. According to MarketBeat, SolarEdge Technologies presently has an average rating of “Reduce” and an average target price of $25.45.

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.