Investors Buy High Volume of SolarEdge Technologies Put Options (NASDAQ:SEDG)

SolarEdge Technologies, Inc. (NASDAQ:SEDG) was the target of some unusual options trading activity on Tuesday. Stock traders acquired 35,891 put options on the company. This represents an increase of approximately 116% compared to the average volume of 16,614 put options.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on SEDG shares. Roth Capital raised their price target on shares of SolarEdge Technologies from $15.00 to $25.00 and gave the company a “neutral” rating in a report on Tuesday, August 5th. Mizuho raised their price target on shares of SolarEdge Technologies from $18.00 to $29.00 and gave the company a “neutral” rating in a report on Monday, July 14th. Royal Bank Of Canada raised their price target on shares of SolarEdge Technologies from $22.00 to $25.00 and gave the company a “sector perform” rating in a report on Monday, October 20th. Guggenheim lifted their target price on shares of SolarEdge Technologies from $5.00 to $7.00 and gave the stock a “sell” rating in a report on Monday, August 25th. Finally, KeyCorp upgraded shares of SolarEdge Technologies from an “underweight” rating to a “sector weight” rating in a report on Tuesday, July 8th. Eighteen analysts have rated the stock with a Hold rating and eleven have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $21.68.

Institutional Trading of SolarEdge Technologies

Institutional investors have recently made changes to their positions in the business. Edmond DE Rothschild Holding S.A. boosted its position in shares of SolarEdge Technologies by 60.0% during the 1st quarter. Edmond DE Rothschild Holding S.A. now owns 1,600 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 600 shares in the last quarter. Whittier Trust Co. bought a new position in SolarEdge Technologies during the 3rd quarter valued at about $27,000. Banque Cantonale Vaudoise bought a new position in SolarEdge Technologies during the 1st quarter valued at about $35,000. Canada Pension Plan Investment Board bought a new position in SolarEdge Technologies during the 2nd quarter valued at about $35,000. Finally, Tower Research Capital LLC TRC raised its stake in shares of SolarEdge Technologies by 28.7% in the second quarter. Tower Research Capital LLC TRC now owns 2,481 shares of the semiconductor company’s stock worth $51,000 after acquiring an additional 553 shares during the last quarter. 95.10% of the stock is currently owned by institutional investors and hedge funds.

SolarEdge Technologies Price Performance

Shares of SolarEdge Technologies stock traded down $1.06 during trading on Tuesday, hitting $31.81. 2,773,648 shares of the company’s stock traded hands, compared to its average volume of 4,615,730. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.94 and a quick ratio of 1.42. The firm’s fifty day moving average price is $35.59 and its 200 day moving average price is $26.49. SolarEdge Technologies has a twelve month low of $10.24 and a twelve month high of $41.92. The company has a market cap of $1.89 billion, a PE ratio of -1.05 and a beta of 1.58.

SolarEdge Technologies (NASDAQ:SEDG) last issued its earnings results on Thursday, August 7th. The semiconductor company reported ($0.81) earnings per share for the quarter, meeting the consensus estimate of ($0.81). SolarEdge Technologies had a negative net margin of 177.64% and a negative return on equity of 191.53%. The business had revenue of $289.43 million for the quarter, compared to analyst estimates of $270.03 million. During the same period in the previous year, the business earned ($1.79) EPS. The firm’s revenue was up 9.0% on a year-over-year basis. SolarEdge Technologies has set its Q3 2025 guidance at EPS. Analysts forecast that SolarEdge Technologies will post -4.54 earnings per share for the current year.

SolarEdge Technologies Company Profile

SolarEdge Technologies, Inc, together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. It operates in two segments, Solar and Energy Storage.