27,500 Shares in SolarEdge Technologies, Inc. $SEDG Bought by Jupiter Topco LLC

Jupiter Topco LLC purchased a new position in SolarEdge Technologies, Inc. (NASDAQ:SEDG) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 27,500 shares of the semiconductor company’s stock, valued at approximately $1,608,000.

Several other large investors have also bought and sold shares of the company. State of Wyoming acquired a new position in SolarEdge Technologies during the fourth quarter valued at $27,000. Kestra Advisory Services LLC bought a new stake in shares of SolarEdge Technologies in the 4th quarter worth about $31,000. Allworth Financial LP bought a new position in SolarEdge Technologies in the 2nd quarter worth approximately $31,000. Canada Pension Plan Investment Board bought a new position in SolarEdge Technologies in the second quarter valued at approximately $35,000. Finally, Altshuler Shaham Ltd acquired a new stake in shares of SolarEdge Technologies during the fourth quarter worth $36,000. Institutional investors own 95.10% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on SEDG shares. Weiss Ratings upgraded shares of SolarEdge Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, August 21st. TD Cowen cut their price objective on shares of SolarEdge Technologies from $85.00 to $75.00 and set a “buy” rating on the stock in a research report on Monday, July 20th. Royal Bank Of Canada decreased their price target on shares of SolarEdge Technologies from $30.00 to $24.00 and set a “sector perform” rating for the company in a research note on Thursday, August 6th. Glj Research reaffirmed a “sell” rating on shares of SolarEdge Technologies in a research note on Thursday, June 11th. Finally, The Goldman Sachs Group dropped their target price on SolarEdge Technologies from $34.00 to $30.00 and set a “sell” rating on the stock in a report on Thursday, August 6th. Two research analysts have rated the stock with a Buy rating, ten have given a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $38.36.

SolarEdge Technologies Trading Up 1.2%

NASDAQ:SEDG opened at $34.20 on Friday. SolarEdge Technologies, Inc. has a one year low of $28.21 and a one year high of $81.25. The firm has a 50-day simple moving average of $41.77 and a 200-day simple moving average of $46.34. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.38 and a current ratio of 2.03. The firm has a market cap of $2.10 billion, a P/E ratio of -7.60 and a beta of 1.44.

SolarEdge Technologies (NASDAQ:SEDG) last posted its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $0.05 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.07. SolarEdge Technologies had a negative net margin of 20.29% and a negative return on equity of 29.17%. The company had revenue of $346.20 million for the quarter, compared to analyst estimates of $341.15 million. During the same period in the prior year, the company earned ($0.81) earnings per share. The firm’s revenue was up 19.6% on a year-over-year basis. Equities analysts anticipate that SolarEdge Technologies, Inc. will post -1.23 EPS 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.