Leonteq Securities AG Buys New Position in SolarEdge Technologies, Inc. $SEDG

Leonteq Securities AG bought a new stake in shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 24,536 shares of the semiconductor company’s stock, valued at approximately $708,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SEDG. UBS Group AG boosted its holdings in SolarEdge Technologies by 234.8% during the 3rd quarter. UBS Group AG now owns 3,554,504 shares of the semiconductor company’s stock valued at $131,517,000 after acquiring an additional 2,492,776 shares during the period. Electron Capital Partners LLC boosted its holdings in SolarEdge Technologies by 107.8% during the 3rd quarter. Electron Capital Partners LLC now owns 1,732,566 shares of the semiconductor company’s stock valued at $64,105,000 after acquiring an additional 898,802 shares during the period. Handelsbanken Fonder AB purchased a new position in SolarEdge Technologies during the 3rd quarter valued at about $24,348,000. Menora Mivtachim Holdings LTD. boosted its holdings in SolarEdge Technologies by 41.1% during the 3rd quarter. Menora Mivtachim Holdings LTD. now owns 2,103,521 shares of the semiconductor company’s stock valued at $77,830,000 after acquiring an additional 612,884 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in SolarEdge Technologies during the 3rd quarter valued at about $21,595,000. 95.10% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently commented on SEDG. Susquehanna raised their target price on SolarEdge Technologies from $37.00 to $45.00 and gave the company a “neutral” rating in a report on Thursday, April 9th. Glj Research reiterated a “sell” rating on shares of SolarEdge Technologies in a research note on Monday, May 18th. TD Cowen lifted their price objective on SolarEdge Technologies from $38.00 to $43.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Barclays lifted their price objective on SolarEdge Technologies from $39.00 to $41.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 8th. Finally, Wells Fargo & Company lifted their price objective on SolarEdge Technologies from $33.00 to $36.00 and gave the company an “equal weight” rating in a research note on Friday, February 20th. One analyst has rated the stock with a Buy rating, fifteen have assigned a Hold rating and seven have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $31.15.

Insiders Place Their Bets

In related news, Chairman More Avery sold 2,566 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $38.76, for a total transaction of $99,458.16. Following the completion of the sale, the chairman owned 295,379 shares in the company, valued at $11,448,890.04. The trade was a 0.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.71% of the stock is currently owned by insiders.

SolarEdge Technologies Stock Down 1.7%

Shares of NASDAQ SEDG opened at $61.95 on Friday. The business has a 50-day moving average of $45.93 and a two-hundred day moving average of $38.31. The company has a market capitalization of $3.77 billion, a price-to-earnings ratio of -10.11 and a beta of 1.18. SolarEdge Technologies, Inc. has a 1 year low of $13.73 and a 1 year high of $65.16. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.02 and a quick ratio of 1.36.

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

About SolarEdge Technologies

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.