BlueCrest Capital Management Ltd Takes Position in SolarEdge Technologies, Inc. $SEDG

BlueCrest Capital Management Ltd bought a new stake in SolarEdge Technologies, Inc. (NASDAQ:SEDG) in the third quarter, HoldingsChannel.com reports. The fund bought 68,832 shares of the semiconductor company’s stock, valued at approximately $2,547,000.

Several other large investors also recently bought and sold shares of SEDG. Accent Capital Management LLC purchased a new stake in SolarEdge Technologies during the third quarter valued at $25,000. Hantz Financial Services Inc. grew its stake in shares of 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 buying an additional 571 shares in the last quarter. Whittier Trust Co. bought a new stake in shares of SolarEdge Technologies in the 3rd quarter worth about $27,000. Canada Pension Plan Investment Board bought a new stake in shares of SolarEdge Technologies in the 2nd quarter worth about $35,000. Finally, Tower Research Capital LLC TRC raised its position in shares of SolarEdge Technologies by 28.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,481 shares of the semiconductor company’s stock valued at $51,000 after buying an additional 553 shares in the last quarter. Institutional investors own 95.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Royal Bank Of Canada lowered their price target on shares of SolarEdge Technologies from $34.00 to $32.00 and set a “sector perform” rating for the company in a report on Thursday, February 19th. Bank of America upgraded SolarEdge Technologies from an “underperform” rating to a “neutral” rating and upped their price objective for the company from $17.00 to $40.00 in a research report on Tuesday, March 10th. Morgan Stanley raised their price objective on SolarEdge Technologies from $33.00 to $40.00 and gave the company an “equal weight” rating in a research note on Thursday, February 19th. Wells Fargo & Company lifted their target price on SolarEdge Technologies from $33.00 to $36.00 and gave the stock an “equal weight” rating in a report on Friday, February 20th. Finally, TD Cowen boosted their target price on SolarEdge Technologies from $38.00 to $43.00 and gave the company a “buy” rating in a research report on Thursday, February 19th. One investment analyst has rated the stock with a Buy rating, seventeen have assigned a Hold rating and seven have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price of $27.68.

SolarEdge Technologies Stock Up 6.4%

NASDAQ:SEDG opened at $37.44 on Friday. The company’s 50-day simple moving average is $35.20 and its 200-day simple moving average is $34.74. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.48 and a current ratio of 2.17. SolarEdge Technologies, Inc. has a fifty-two week low of $11.00 and a fifty-two week high of $48.60. The stock has a market capitalization of $2.26 billion, a P/E ratio of -5.44 and a beta of 1.62.

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

SolarEdge Technologies Company 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.