Solaredge Technologies Inc (NASDAQ:SEDG) VP Yoav Galin sold 15,000 shares of the firm’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $35.46, for a total transaction of $531,900.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Yoav Galin also recently made the following trade(s):

  • On Tuesday, January 2nd, Yoav Galin sold 15,000 shares of Solaredge Technologies stock. The stock was sold at an average price of $37.74, for a total transaction of $566,100.00.

Solaredge Technologies Inc (NASDAQ SEDG) opened at $33.67 on Thursday. Solaredge Technologies Inc has a 1-year low of $12.45 and a 1-year high of $39.90. The company has a market cap of $1,450.00 and a PE ratio of 20.28.

Solaredge Technologies (NASDAQ:SEDG) last released its earnings results on Wednesday, November 8th. The semiconductor company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.45 by $0.16. Solaredge Technologies had a net margin of 14.06% and a return on equity of 22.07%. equities analysts anticipate that Solaredge Technologies Inc will post 1.91 EPS for the current year.

A number of hedge funds have recently added to or reduced their stakes in the business. Swiss National Bank increased its holdings in Solaredge Technologies by 7.4% in the 4th quarter. Swiss National Bank now owns 48,000 shares of the semiconductor company’s stock valued at $1,802,000 after buying an additional 3,300 shares during the period. California Public Employees Retirement System boosted its stake in shares of Solaredge Technologies by 113.8% in the 4th quarter. California Public Employees Retirement System now owns 40,107 shares of the semiconductor company’s stock valued at $1,506,000 after purchasing an additional 21,349 shares in the last quarter. Teacher Retirement System of Texas acquired a new stake in shares of Solaredge Technologies in the 4th quarter valued at approximately $353,000. Harel Insurance Investments & Financial Services Ltd. boosted its stake in shares of Solaredge Technologies by 300.0% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 6,000 shares of the semiconductor company’s stock valued at $225,000 after purchasing an additional 4,500 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. acquired a new stake in shares of Solaredge Technologies in the 4th quarter valued at approximately $4,134,000. 67.09% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts recently commented on SEDG shares. B. Riley raised shares of Solaredge Technologies from a “neutral” rating to a “buy” rating and raised their price target for the stock from $18.00 to $45.00 in a research report on Thursday, November 9th. Zacks Investment Research lowered shares of Solaredge Technologies from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 10th. ValuEngine raised shares of Solaredge Technologies from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Roth Capital set a $30.00 price target on shares of Solaredge Technologies and gave the stock a “buy” rating in a research report on Sunday, October 15th. Finally, JPMorgan Chase & Co. raised their price target on shares of Solaredge Technologies to $43.00 and gave the stock an “overweight” rating in a research report on Thursday, November 9th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $34.19.

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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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