Media headlines about Solaredge Technologies (NASDAQ:SEDG) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Solaredge Technologies earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave news articles about the semiconductor company an impact score of 45.5691122165335 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Here are some of the media stories that may have effected Accern’s analysis:

Shares of Solaredge Technologies (NASDAQ:SEDG) opened at $38.15 on Friday. The stock has a market cap of $1,572.12, a price-to-earnings ratio of 22.15, a price-to-earnings-growth ratio of 0.80 and a beta of 0.17. Solaredge Technologies has a twelve month low of $12.15 and a twelve month high of $39.90.

A number of equities analysts recently commented on SEDG shares. Roth Capital lifted their target price on shares of Solaredge Technologies from $36.00 to $42.00 and gave the stock a “buy” rating in a research report on Thursday, November 9th. Needham & Company LLC lifted their target price on shares of Solaredge Technologies from $30.00 to $42.00 and gave the stock a “buy” rating in a research report on Thursday, November 9th. B. Riley upgraded shares of Solaredge Technologies from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $18.00 to $45.00 in a research report on Thursday, November 9th. Canaccord Genuity reiterated a “buy” rating and issued a $36.00 target price (up previously from $30.00) on shares of Solaredge Technologies in a research report on Monday, November 6th. Finally, BidaskClub cut shares of Solaredge Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 2nd. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $34.19.

In other Solaredge Technologies news, VP Meir Adest sold 4,700 shares of the firm’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $35.02, for a total value of $164,594.00. Following the sale, the vice president now owns 20,633 shares of the company’s stock, valued at approximately $722,567.66. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Lior Handelsman sold 5,000 shares of the firm’s stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $36.25, for a total transaction of $181,250.00. Following the completion of the sale, the vice president now directly owns 177,950 shares in the company, valued at approximately $6,450,687.50. The disclosure for this sale can be found here. In the last three months, insiders sold 108,288 shares of company stock worth $3,484,290. Insiders own 16.40% of the company’s stock.

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Solaredge Technologies Company Profile

SolarEdge Technologies, Inc offers an inverter solution for a solar photovoltaic (PV) system. The Company’s products include SolarEdge Power Optimizer, SolarEdge Inverter, StorEdge Solutions and SolarEdge Monitoring Software. Its product roadmap consists of categories, including power optimizers, inverters, monitoring services, energy storage and smart energy management.

Insider Buying and Selling by Quarter for Solaredge Technologies (NASDAQ:SEDG)

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