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

Global Alpha Capital Management Ltd. bought a new stake in SolarEdge Technologies, Inc. (NASDAQ:SEDG) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 21,000 shares of the semiconductor company’s stock, valued at approximately $606,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. State of Wyoming acquired a new stake in shares of SolarEdge Technologies in the 4th quarter valued at $27,000. Capital Innovations LLC acquired a new stake in shares of SolarEdge Technologies in the 4th quarter valued at $689,000. Jupiter Asset Management Ltd. bought a new position in shares of SolarEdge Technologies in the fourth quarter valued at about $2,444,000. Kingsview Wealth Management LLC bought a new position in shares of SolarEdge Technologies in the fourth quarter valued at about $957,000. Finally, Geode Capital Management LLC raised its holdings in shares of SolarEdge Technologies by 8.3% in the fourth quarter. Geode Capital Management LLC now owns 820,209 shares of the semiconductor company’s stock valued at $23,670,000 after buying an additional 63,018 shares during the last quarter. Institutional investors and hedge funds own 95.10% of the company’s stock.

SolarEdge Technologies Price Performance

Shares of SEDG stock opened at $63.17 on Friday. The stock has a 50-day moving average price of $51.45 and a 200 day moving average price of $40.62. The company has a quick ratio of 1.36, a current ratio of 2.02 and a debt-to-equity ratio of 0.85. The firm has a market cap of $3.84 billion, a price-to-earnings ratio of -10.31 and a beta of 1.42. SolarEdge Technologies, Inc. has a 12 month low of $13.73 and a 12 month high of $81.25.

SolarEdge Technologies (NASDAQ:SEDG) last announced 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). The firm had revenue of $309.90 million during the quarter, compared to analyst estimates of $305.49 million. SolarEdge Technologies had a negative return on equity of 38.66% and a negative net margin of 28.56%.SolarEdge Technologies’s revenue for the quarter was up 41.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($1.14) earnings per share. Research analysts expect that SolarEdge Technologies, Inc. will post -1.12 EPS for the current year.

Analyst Upgrades and Downgrades

SEDG has been the subject of a number of research analyst reports. TD Cowen lifted their price target on SolarEdge Technologies from $43.00 to $85.00 and gave the company a “buy” rating in a report on Friday, May 29th. Deutsche Bank Aktiengesellschaft cut their price target on SolarEdge Technologies from $42.00 to $39.00 and set a “hold” rating for the company in a report on Thursday, May 7th. Jefferies Financial Group raised SolarEdge Technologies from an “underperform” rating to a “hold” rating and lifted their price target for the company from $30.00 to $49.00 in a report on Friday, March 20th. Glj Research reaffirmed a “sell” rating on shares of SolarEdge Technologies in a report on Monday, May 18th. Finally, Citigroup cut their price target on SolarEdge Technologies from $30.00 to $27.00 and set a “sell” rating for the company in a report on Thursday, May 7th. One investment analyst has rated the stock with a Buy rating, fifteen have issued a Hold rating and seven have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $33.25.

Insider Buying and Selling

In related news, Chairman More Avery sold 2,566 shares of SolarEdge Technologies stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $38.76, for a total value of $99,458.16. Following the completion of the sale, the chairman directly owned 295,379 shares in the company, valued at $11,448,890.04. This trade represents a 0.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.04% of the stock is currently owned by insiders.

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.