Traders Buy High Volume of SolarEdge Technologies Call Options (NASDAQ:SEDG)

SolarEdge Technologies, Inc. (NASDAQ:SEDG) saw unusually large options trading activity on Wednesday. Investors acquired 29,223 call options on the stock. This represents an increase of approximately 128% compared to the average volume of 12,800 call options.

Insider Transactions at SolarEdge Technologies

In other SolarEdge Technologies news, Chairman More Avery sold 2,566 shares of the stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $38.76, for a total transaction of $99,458.16. Following the completion of the transaction, the chairman 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.71% of the stock is currently owned by insiders.

Institutional Investors Weigh In On SolarEdge Technologies

Hedge funds and other institutional investors have recently modified their holdings of the business. 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 increased its stake in SolarEdge Technologies by 107.8% in the third quarter. Electron Capital Partners LLC now owns 1,732,566 shares of the semiconductor company’s stock worth $64,105,000 after purchasing an additional 898,802 shares during the period. Meitav Investment House Ltd. increased its stake in SolarEdge Technologies by 541.6% in the first quarter. Meitav Investment House Ltd. now owns 1,017,551 shares of the semiconductor company’s stock worth $51,946,000 after purchasing an additional 858,954 shares during the period. ION Fund Management Ltd bought a new stake in shares of SolarEdge Technologies during the fourth quarter worth $22,965,000. Finally, Handelsbanken Fonder AB bought a new stake in shares of SolarEdge Technologies during the third quarter worth $24,348,000. 95.10% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

SEDG has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft decreased their target price on shares of SolarEdge Technologies from $42.00 to $39.00 and set a “hold” rating on the stock in a research report on Thursday, May 7th. Bank of America upgraded SolarEdge Technologies from an “underperform” rating to a “neutral” rating and lifted their price target for the stock from $17.00 to $40.00 in a research report on Tuesday, March 10th. UBS Group upped their price objective on SolarEdge Technologies from $36.00 to $41.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Citigroup lowered their price objective on SolarEdge Technologies from $30.00 to $27.00 and set a “sell” rating for the company in a research note on Thursday, May 7th. Finally, Barclays lifted their target price on SolarEdge Technologies from $39.00 to $41.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 8th. One investment analyst has rated the stock with a Buy rating, fifteen have issued a Hold rating and seven have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $31.15.

SolarEdge Technologies Trading Up 2.7%

Shares of SEDG stock traded up $1.90 during trading hours on Wednesday, reaching $72.65. 3,768,937 shares of the stock were exchanged, compared to its average volume of 3,763,180. The firm has a market capitalization of $4.42 billion, a price-to-earnings ratio of -11.77 and a beta of 1.18. SolarEdge Technologies has a 12-month low of $13.73 and a 12-month high of $75.73. The company’s 50-day moving average price is $47.13 and its 200-day moving average price is $38.77. The company has a current ratio of 2.02, a quick ratio of 1.36 and a debt-to-equity ratio of 0.85.

SolarEdge Technologies (NASDAQ:SEDG) last posted its quarterly earnings data on Wednesday, May 6th. The semiconductor company reported ($0.43) earnings per share 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 analysts’ expectations of $305.49 million. SolarEdge Technologies had a negative return on equity of 38.66% and a negative net margin of 28.56%.The business’s revenue for the quarter was up 41.5% compared to the same quarter last year. During the same period last year, the company earned ($1.14) earnings per share. As a group, equities analysts anticipate that SolarEdge Technologies will post -1.12 earnings per share for the current 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.