Versor Investments LP Takes $413,000 Position in SolarEdge Technologies, Inc. $SEDG

Versor Investments LP acquired a new position in shares of SolarEdge Technologies, Inc. (NASDAQ:SEDGFree Report) during the first quarter, Holdings Channel.com reports. The institutional investor acquired 25,500 shares of the semiconductor company’s stock, valued at approximately $413,000.

Other large investors have also recently bought and sold shares of the company. GAMMA Investing LLC grew its stake in SolarEdge Technologies by 2,680.8% during the first quarter. GAMMA Investing LLC now owns 146,380 shares of the semiconductor company’s stock worth $2,368,000 after buying an additional 141,116 shares in the last quarter. Teza Capital Management LLC grew its stake in SolarEdge Technologies by 59.1% during the fourth quarter. Teza Capital Management LLC now owns 50,052 shares of the semiconductor company’s stock worth $681,000 after buying an additional 18,602 shares in the last quarter. Aquatic Capital Management LLC grew its stake in SolarEdge Technologies by 204.3% during the fourth quarter. Aquatic Capital Management LLC now owns 320,711 shares of the semiconductor company’s stock worth $4,362,000 after buying an additional 215,311 shares in the last quarter. Sphera Management Technology Funds Ltd acquired a new stake in SolarEdge Technologies during the fourth quarter worth about $816,000. Finally, SIR Capital Management L.P. acquired a new stake in SolarEdge Technologies during the fourth quarter worth about $2,569,000. 95.10% of the stock is currently owned by institutional investors and hedge funds.

SolarEdge Technologies Stock Up 0.2%

Shares of NASDAQ SEDG opened at $32.06 on Thursday. The company has a 50 day simple moving average of $24.84 and a 200 day simple moving average of $18.99. The firm has a market cap of $1.90 billion, a PE ratio of -1.07 and a beta of 1.56. SolarEdge Technologies, Inc. has a 1 year low of $10.24 and a 1 year high of $33.30. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.94 and a quick ratio of 1.42.

SolarEdge Technologies (NASDAQ:SEDGGet Free Report) last issued its quarterly earnings data on Thursday, August 7th. The semiconductor company reported ($0.81) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.81). The business had revenue of $289.43 million during the quarter, compared to analyst estimates of $270.03 million. SolarEdge Technologies had a negative net margin of 177.64% and a negative return on equity of 191.53%. The firm’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter last year, the business earned ($1.79) EPS. SolarEdge Technologies has set its Q3 2025 guidance at EPS. On average, research analysts forecast that SolarEdge Technologies, Inc. will post -4.54 EPS for the current year.

Wall Street Analysts Forecast Growth

SEDG has been the topic of a number of research analyst reports. UBS Group raised their price target on shares of SolarEdge Technologies from $20.00 to $30.00 and gave the company a “neutral” rating in a research note on Tuesday. KeyCorp upgraded shares of SolarEdge Technologies from an “underweight” rating to a “sector weight” rating in a research note on Tuesday, July 8th. Barclays upgraded shares of SolarEdge Technologies from an “underweight” rating to an “equal weight” rating and raised their price target for the company from $12.00 to $29.00 in a research note on Monday, July 14th. Oppenheimer restated a “market perform” rating on shares of SolarEdge Technologies in a research note on Monday, August 11th. Finally, Jefferies Financial Group raised their price target on shares of SolarEdge Technologies from $10.00 to $18.00 and gave the company an “underperform” rating in a research note on Monday, July 14th. Eighteen equities research analysts have rated the stock with a Hold rating and ten have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $18.12.

Get Our Latest Analysis on SolarEdge Technologies

SolarEdge Technologies Company Profile

(Free Report)

SolarEdge Technologies, Inc, together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. It operates in two segments, Solar and Energy Storage.

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

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