Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management Grows Stock Holdings in SolarEdge Technologies, Inc. $SEDG

Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management raised its holdings in shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) by 39.3% in the 2nd quarter, Holdings Channel.com reports. The firm owned 424,982 shares of the semiconductor company’s stock after buying an additional 120,000 shares during the quarter. SolarEdge Technologies comprises 1.3% of Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management’s portfolio, making the stock its 21st largest holding. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management’s holdings in SolarEdge Technologies were worth $8,670,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Vanguard Group Inc. raised its position in shares of SolarEdge Technologies by 4.4% during the 1st quarter. Vanguard Group Inc. now owns 3,028,018 shares of the semiconductor company’s stock valued at $48,993,000 after buying an additional 126,246 shares in the last quarter. Ion Asset Management Ltd. increased its stake in SolarEdge Technologies by 135.9% during the first quarter. Ion Asset Management Ltd. now owns 2,082,497 shares of the semiconductor company’s stock worth $33,695,000 after acquiring an additional 1,199,801 shares during the last quarter. Goldman Sachs Group Inc. raised its position in SolarEdge Technologies by 8.7% during the first quarter. Goldman Sachs Group Inc. now owns 997,962 shares of the semiconductor company’s stock valued at $16,147,000 after purchasing an additional 79,461 shares during the period. Geode Capital Management LLC lifted its stake in shares of SolarEdge Technologies by 1.0% in the 2nd quarter. Geode Capital Management LLC now owns 749,589 shares of the semiconductor company’s stock valued at $15,295,000 after purchasing an additional 7,552 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of SolarEdge Technologies by 2.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 533,758 shares of the semiconductor company’s stock worth $8,636,000 after purchasing an additional 12,830 shares during the period. 95.10% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently weighed in on SEDG shares. Guggenheim increased their price target on SolarEdge Technologies from $5.00 to $7.00 and gave the company a “sell” rating in a report on Monday, August 25th. The Goldman Sachs Group lifted their price objective on shares of SolarEdge Technologies from $27.00 to $31.00 and gave the stock a “neutral” rating in a research note on Thursday, September 11th. Susquehanna increased their target price on shares of SolarEdge Technologies from $25.00 to $40.00 and gave the company a “neutral” rating in a research note on Monday, October 13th. Roth Capital raised their target price on shares of SolarEdge Technologies from $15.00 to $25.00 and gave the stock a “neutral” rating in a report on Tuesday, August 5th. Finally, Barclays upped their price target on shares of SolarEdge Technologies from $29.00 to $36.00 and gave the company an “equal weight” rating in a report on Thursday, October 9th. Eighteen research analysts have rated the stock with a Hold rating and ten have issued a Sell rating to the stock. Based on data from MarketBeat.com, SolarEdge Technologies presently has an average rating of “Reduce” and an average target price of $24.62.

SolarEdge Technologies Trading Down 0.7%

SEDG stock opened at $36.18 on Friday. The company has a market capitalization of $2.16 billion, a PE ratio of -1.21 and a beta of 1.63. SolarEdge Technologies, Inc. has a 12 month low of $10.24 and a 12 month high of $48.60. The firm’s 50-day moving average is $36.74 and its 200 day moving average is $28.10. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.94 and a quick ratio of 1.42.

SolarEdge Technologies (NASDAQ:SEDG) last released its quarterly earnings data on Wednesday, November 5th. The semiconductor company reported ($0.31) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.43) by $0.12. The company had revenue of $339.70 million during the quarter, compared to analysts’ expectations of $331.13 million. SolarEdge Technologies had a negative net margin of 177.64% and a negative return on equity of 191.53%. The firm’s quarterly revenue was up 30.4% on a year-over-year basis. During the same period in the previous year, the company earned ($15.33) EPS. SolarEdge Technologies has set its Q4 2025 guidance at EPS. On average, research analysts anticipate that SolarEdge Technologies, Inc. will post -4.54 EPS for the current year.

SolarEdge Technologies 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.