Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD cut its position in SolarEdge Technologies, Inc. (NASDAQ:SEDG – Free Report) by 15.3% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 190,080 shares of the semiconductor company’s stock after selling 34,245 shares during the period. SolarEdge Technologies makes up about 1.4% of Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD’s investment portfolio, making the stock its 20th largest position. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD’s holdings in SolarEdge Technologies were worth $11,108,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in SEDG. Caitong International Asset Management Co. Ltd lifted its stake in SolarEdge Technologies by 128.0% in the second quarter. Caitong International Asset Management Co. Ltd now owns 14,712 shares of the semiconductor company’s stock valued at $860,000 after acquiring an additional 8,259 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of SolarEdge Technologies by 1.6% in the 2nd quarter. Principal Financial Group Inc. now owns 292,648 shares of the semiconductor company’s stock valued at $17,102,000 after acquiring an additional 4,552 shares during the period. Handelsbanken Fonder AB increased its stake in shares of SolarEdge Technologies by 16.6% during the 2nd quarter. Handelsbanken Fonder AB now owns 1,230,401 shares of the semiconductor company’s stock worth $71,905,000 after purchasing an additional 175,281 shares during the last quarter. Glenmede Trust Co. NA acquired a new position in shares of SolarEdge Technologies during the 1st quarter worth about $202,000. Finally, Bank of America Corp DE raised its holdings in shares of SolarEdge Technologies by 218.6% in the 1st quarter. Bank of America Corp DE now owns 404,297 shares of the semiconductor company’s stock valued at $20,639,000 after purchasing an additional 277,385 shares during the period. 95.10% of the stock is currently owned by institutional investors and hedge funds.
Key Stories Impacting SolarEdge Technologies
Here are the key news stories impacting SolarEdge Technologies this week:
- Positive Sentiment: SolarEdge reported year-over-year revenue growth in the second quarter and returned to non-GAAP operating profitability. Management cited improved operational efficiency, new product launches and stronger demand for energy-storage systems, especially in Europe. The 5 Most Interesting Analyst Questions From SolarEdge’s Q2 Earnings Call
- Positive Sentiment: Northland Securities modestly improved its SolarEdge 2026 EPS forecast to a loss of $1.44 per share from a loss of $1.49, and raised its fourth-quarter 2027 estimate to a loss of $0.04 from $0.05. These changes suggest some confidence in longer-term cost improvements. SolarEdge Technologies analyst estimates
- Neutral Sentiment: Analyst sentiment remains mixed. A broader review of technology stocks highlighted differing views on SolarEdge’s outlook, while Northland’s estimates imply a gradual improvement but continued annual losses through 2027. Analysts’ Opinions Are Mixed on These Technology Stocks
- Negative Sentiment: Despite the improved quarter, the market reacted negatively because near-term profitability remains uncertain. Northland reduced its EPS forecasts for the third quarter of 2026, fourth quarter of 2026, second and third quarters of 2027, and full-year 2027. Its FY2027 estimate moved to a loss of $0.72 per share from $0.63, reinforcing concerns that the turnaround will take time.
- Negative Sentiment: SolarEdge’s shares remain well below their 50-day and 200-day moving averages, reflecting weak investor confidence following the company’s prolonged losses and challenging solar-market conditions.
SolarEdge Technologies Stock Performance
Analysts Set New Price Targets
Several brokerages recently issued reports on SEDG. Deutsche Bank Aktiengesellschaft cut their target price on shares of SolarEdge Technologies from $42.00 to $39.00 and set a “hold” rating for the company in a research note on Thursday, May 7th. The Goldman Sachs Group lowered their price target on SolarEdge Technologies from $34.00 to $30.00 and set a “sell” rating on the stock in a research report on Thursday, August 6th. Royal Bank Of Canada dropped their price objective on SolarEdge Technologies from $30.00 to $24.00 and set a “sector perform” rating on the stock in a research note on Thursday, August 6th. Barclays cut their price objective on SolarEdge Technologies from $53.00 to $37.00 and set an “equal weight” rating for the company in a research report on Thursday, August 6th. Finally, UBS Group lifted their target price on SolarEdge Technologies from $36.00 to $41.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. One research analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and six have assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $36.20.
Read Our Latest Stock Analysis on SEDG
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.
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