UBS Group AG Purchases 655,925 Shares of SolarEdge Technologies, Inc. $SEDG

UBS Group AG increased its position in SolarEdge Technologies, Inc. (NASDAQ:SEDG) by 18.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 4,210,429 shares of the semiconductor company’s stock after acquiring an additional 655,925 shares during the quarter. UBS Group AG owned approximately 0.07% of SolarEdge Technologies worth $121,471,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Accent Capital Management LLC bought a new position in SolarEdge Technologies in the 3rd quarter worth about $25,000. Whittier Trust Co. bought a new position in SolarEdge Technologies in the 3rd quarter worth about $27,000. Hantz Financial Services Inc. boosted its stake in SolarEdge Technologies by 352.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 733 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 571 shares in the last quarter. Saranac Partners Ltd bought a new position in SolarEdge Technologies in the 3rd quarter worth about $28,000. Finally, Rakuten Securities Inc. boosted its stake in SolarEdge Technologies by 82.1% in the 4th quarter. Rakuten Securities Inc. now owns 958 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 432 shares in the last quarter. Institutional investors own 95.10% of the company’s stock.

Analysts Set New Price Targets

SEDG has been the topic of a number of analyst reports. Royal Bank Of Canada dropped their price target on shares of SolarEdge Technologies from $34.00 to $32.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 19th. Morgan Stanley upped their price target on shares of SolarEdge Technologies from $33.00 to $40.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 19th. Citigroup upped their price target on shares of SolarEdge Technologies from $29.00 to $30.00 and gave the stock a “sell” rating in a research note on Tuesday, April 21st. TD Cowen upped their target price on shares of SolarEdge Technologies from $38.00 to $43.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Finally, Wells Fargo & Company upped their target price on shares of SolarEdge Technologies from $33.00 to $36.00 and gave the company an “equal weight” rating in a research note on Friday, February 20th. One equities research analyst has rated the stock with a Buy rating, seventeen have given a Hold rating and seven have issued a Sell rating to the company’s stock. According to MarketBeat, SolarEdge Technologies presently has a consensus rating of “Reduce” and a consensus price target of $29.90.

SolarEdge Technologies Price Performance

SEDG opened at $42.91 on Friday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.48 and a current ratio of 2.17. The stock has a market capitalization of $2.61 billion, a P/E ratio of -6.24 and a beta of 1.35. The company’s 50-day simple moving average is $42.72 and its two-hundred day simple moving average is $37.18. SolarEdge Technologies, Inc. has a 52-week low of $12.47 and a 52-week high of $53.75.

SolarEdge Technologies (NASDAQ:SEDG) last posted its earnings results on Thursday, February 26th. The semiconductor company reported ($0.14) earnings per share (EPS) for the quarter. The company had revenue of $333.80 million for the quarter. SolarEdge Technologies had a negative net margin of 34.23% and a negative return on equity of 45.54%. As a group, analysts predict that SolarEdge Technologies, Inc. will post -0.94 EPS for the current year.

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.