Global Alpha Capital Management Ltd. Makes New Investment in SolarEdge Technologies, Inc. $SEDG

Global Alpha Capital Management Ltd. bought a new position in SolarEdge Technologies, Inc. (NASDAQ:SEDG) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 21,000 shares of the semiconductor company’s stock, valued at approximately $606,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SEDG. Accent Capital Management LLC purchased a new stake in SolarEdge Technologies in the 3rd quarter worth approximately $25,000. Hantz Financial Services Inc. lifted its position 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 buying an additional 571 shares in the last quarter. State of Wyoming purchased a new stake in SolarEdge Technologies in the 4th quarter worth approximately $27,000. Saranac Partners Ltd purchased a new stake in SolarEdge Technologies in the 3rd quarter worth approximately $28,000. Finally, Rakuten Securities Inc. lifted its position 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 buying an additional 432 shares in the last quarter. Hedge funds and other institutional investors own 95.10% of the company’s stock.

Insider Activity at SolarEdge Technologies

In other news, Chairman More Avery sold 2,566 shares of the business’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $38.76, for a total value of $99,458.16. Following the sale, the chairman owned 295,379 shares in the company, valued at approximately $11,448,890.04. The trade was a 0.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.04% of the company’s stock.

SolarEdge Technologies Trading Down 13.6%

Shares of SolarEdge Technologies stock opened at $63.17 on Friday. The firm has a market capitalization of $3.84 billion, a PE ratio of -10.31 and a beta of 1.42. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.02 and a quick ratio of 1.36. The company’s fifty day moving average price is $51.45 and its two-hundred day moving average price is $40.62. SolarEdge Technologies, Inc. has a 52-week low of $13.73 and a 52-week high of $81.25.

SolarEdge Technologies (NASDAQ:SEDG) last announced its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported ($0.43) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.23) by ($0.20). The business had revenue of $309.90 million during the quarter, compared to the consensus estimate of $305.49 million. SolarEdge Technologies had a negative net margin of 28.56% and a negative return on equity of 38.66%. The company’s quarterly revenue was up 41.5% compared to the same quarter last year. During the same period last year, the firm earned ($1.14) EPS. On average, analysts expect that SolarEdge Technologies, Inc. will post -1.12 EPS for the current year.

Analyst Upgrades and Downgrades

SEDG has been the topic of several analyst reports. Susquehanna increased their price target on shares of SolarEdge Technologies from $37.00 to $45.00 and gave the stock a “neutral” rating in a research note on Thursday, April 9th. Morgan Stanley upped their target price on shares of SolarEdge Technologies from $33.00 to $40.00 and gave the company an “equal weight” rating in a research note on Thursday, February 19th. JPMorgan Chase & Co. increased their target price on shares of SolarEdge Technologies from $32.00 to $35.00 and gave the company a “neutral” rating in a research note on Thursday, April 16th. Jefferies Financial Group upgraded shares of SolarEdge Technologies from an “underperform” rating to a “hold” rating and increased their target price for the company from $30.00 to $49.00 in a research note on Friday, March 20th. Finally, Glj Research reissued a “sell” rating on shares of SolarEdge Technologies in a report on Monday, May 18th. One equities research analyst has rated the stock with a Buy rating, fifteen have assigned a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $33.25.

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.