Quantbot Technologies LP Purchases 107,451 Shares of SolarEdge Technologies, Inc. $SEDG

Quantbot Technologies LP lifted its position in shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) by 228.8% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 154,420 shares of the semiconductor company’s stock after buying an additional 107,451 shares during the quarter. Quantbot Technologies LP owned approximately 0.26% of SolarEdge Technologies worth $5,714,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of SEDG. Public Sector Pension Investment Board boosted its stake in shares of SolarEdge Technologies by 15.0% in the third quarter. Public Sector Pension Investment Board now owns 231,604 shares of the semiconductor company’s stock worth $8,569,000 after acquiring an additional 30,264 shares during the period. Convergence Investment Partners LLC bought a new stake in SolarEdge Technologies during the 3rd quarter valued at approximately $3,033,000. SG Americas Securities LLC lifted its holdings in SolarEdge Technologies by 59.7% in the 3rd quarter. SG Americas Securities LLC now owns 103,033 shares of the semiconductor company’s stock worth $3,812,000 after purchasing an additional 38,511 shares in the last quarter. Menora Mivtachim Holdings LTD. lifted its holdings in SolarEdge Technologies by 213.4% in the 2nd quarter. Menora Mivtachim Holdings LTD. now owns 1,490,637 shares of the semiconductor company’s stock worth $30,409,000 after purchasing an additional 1,015,017 shares in the last quarter. Finally, PGGM Investments bought a new position in SolarEdge Technologies in the 3rd quarter worth approximately $24,438,000. Hedge funds and other institutional investors own 95.10% of the company’s stock.

Analyst Ratings Changes

SEDG has been the topic of several recent analyst reports. Morgan Stanley lifted their price objective on shares of SolarEdge Technologies from $33.00 to $40.00 and gave the company an “equal weight” rating in a research report on Thursday, February 19th. BMO Capital Markets raised their target price on shares of SolarEdge Technologies from $19.00 to $25.00 and gave the company an “underperform” rating in a research note on Thursday, November 6th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of SolarEdge Technologies from $35.00 to $33.00 and set a “hold” rating on the stock in a report on Friday, February 20th. Barclays boosted their price target on shares of SolarEdge Technologies from $36.00 to $39.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 15th. Finally, Raymond James Financial started coverage on SolarEdge Technologies in a research report on Tuesday, January 13th. They set a “market perform” rating for the company. One research analyst has rated the stock with a Buy rating, sixteen have assigned a Hold rating and seven have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $27.28.

SolarEdge Technologies Stock Performance

SolarEdge Technologies stock opened at $35.40 on Friday. The company’s 50-day moving average price is $33.88 and its 200-day moving average price is $34.32. The company has a quick ratio of 1.48, a current ratio of 2.17 and a debt-to-equity ratio of 0.82. The company has a market cap of $2.14 billion, a PE ratio of -5.15 and a beta of 1.66. SolarEdge Technologies, Inc. has a twelve month low of $11.00 and a twelve month high of $48.60.

SolarEdge Technologies (NASDAQ:SEDG) last released its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported ($0.14) EPS for the quarter, topping the consensus estimate of ($0.19) by $0.05. SolarEdge Technologies had a negative return on equity of 45.54% and a negative net margin of 34.23%.The company had revenue of $333.80 million during the quarter, compared to analyst estimates of $330.33 million. During the same quarter last year, the business posted ($3.52) earnings per share. The firm’s revenue was up 70.9% on a year-over-year basis. On average, equities research analysts forecast that SolarEdge Technologies, Inc. will post -4.54 EPS for the current fiscal year.

SolarEdge Technologies Profile

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.