Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD Has $11.11 Million Stock Holdings in SolarEdge Technologies, Inc. $SEDG

Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD lessened its holdings in SolarEdge Technologies, Inc. (NASDAQ:SEDGFree Report) by 15.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 190,080 shares of the semiconductor company’s stock after selling 34,245 shares during the quarter. SolarEdge Technologies accounts for approximately 1.4% of Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD’s investment portfolio, making the stock its 21st biggest position. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD owned about 0.31% of SolarEdge Technologies worth $11,108,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Nykredit A S bought a new stake in shares of SolarEdge Technologies during the second quarter worth $36,000. Amundi lifted its stake in shares of SolarEdge Technologies by 7.2% in the 2nd quarter. Amundi now owns 93,751 shares of the semiconductor company’s stock valued at $5,479,000 after acquiring an additional 6,267 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of SolarEdge Technologies during the 2nd quarter valued at $640,000. California State Teachers Retirement System boosted its holdings in shares of SolarEdge Technologies by 5,939.4% during the 2nd quarter. California State Teachers Retirement System now owns 4,021,549 shares of the semiconductor company’s stock valued at $235,019,000 after acquiring an additional 3,954,960 shares in the last quarter. Finally, Headlands Technologies LLC grew its position in SolarEdge Technologies by 43.8% during the 2nd quarter. Headlands Technologies LLC now owns 57,313 shares of the semiconductor company’s stock worth $3,349,000 after acquiring an additional 17,465 shares during the last quarter. Institutional investors and hedge funds own 95.10% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on SEDG shares. Wells Fargo & Company started coverage on SolarEdge Technologies in a report on Monday, June 29th. They set an “equal weight” rating and a $36.00 price target on the stock. Weiss Ratings upgraded shares of SolarEdge Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, August 21st. The Goldman Sachs Group reduced their target price on shares of SolarEdge Technologies from $34.00 to $30.00 and set a “sell” rating on the stock in a report on Thursday, August 6th. Susquehanna decreased their price target on shares of SolarEdge Technologies from $56.00 to $38.00 and set a “neutral” rating for the company in a research report on Thursday, August 6th. Finally, Glj Research reaffirmed a “sell” rating on shares of SolarEdge Technologies in a research note on Thursday, June 11th. Two research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $38.36.

Check Out Our Latest Report on SEDG

SolarEdge Technologies Price Performance

SolarEdge Technologies stock opened at $36.43 on Wednesday. The stock has a market capitalization of $2.24 billion, a price-to-earnings ratio of -8.10 and a beta of 1.44. SolarEdge Technologies, Inc. has a 52-week low of $28.21 and a 52-week high of $81.25. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.38 and a current ratio of 2.03. The stock’s 50 day moving average price is $40.90 and its two-hundred day moving average price is $46.41.

SolarEdge Technologies (NASDAQ:SEDGGet Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $0.05 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.07. SolarEdge Technologies had a negative return on equity of 29.17% and a negative net margin of 20.29%.The business had revenue of $346.20 million for the quarter, compared to the consensus estimate of $341.15 million. During the same period in the prior year, the business earned ($0.81) EPS. The firm’s revenue for the quarter was up 19.6% on a year-over-year basis. On average, equities analysts predict that SolarEdge Technologies, Inc. will post -1.23 earnings per share for the current year.

About SolarEdge Technologies

(Free Report)

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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Institutional Ownership by Quarter for SolarEdge Technologies (NASDAQ:SEDG)

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