Hussman Strategic Advisors Inc. Purchases Shares of 73,500 SolarEdge Technologies, Inc. $SEDG

Hussman Strategic Advisors Inc. purchased a new stake in SolarEdge Technologies, Inc. (NASDAQ:SEDG) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 73,500 shares of the semiconductor company’s stock, valued at approximately $2,120,000. Hussman Strategic Advisors Inc. owned approximately 0.12% of SolarEdge Technologies at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of SEDG. UBS Group AG lifted its holdings in shares of SolarEdge Technologies by 234.8% in the third quarter. UBS Group AG now owns 3,554,504 shares of the semiconductor company’s stock valued at $131,517,000 after purchasing an additional 2,492,776 shares in the last quarter. Electron Capital Partners LLC lifted its holdings in shares of 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 valued at $64,105,000 after purchasing an additional 898,802 shares in the last quarter. PGGM Investments purchased a new stake in shares of SolarEdge Technologies in the third quarter valued at about $24,438,000. Handelsbanken Fonder AB purchased a new stake in shares of SolarEdge Technologies in the third quarter valued at about $24,348,000. Finally, Menora Mivtachim Holdings LTD. lifted its holdings in shares of SolarEdge Technologies by 41.1% in the third quarter. Menora Mivtachim Holdings LTD. now owns 2,103,521 shares of the semiconductor company’s stock valued at $77,830,000 after purchasing an additional 612,884 shares in the last quarter. Hedge funds and other institutional investors own 95.10% of the company’s stock.

Wall Street Analysts Forecast Growth

SEDG has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft upped their price target on shares of SolarEdge Technologies from $33.00 to $42.00 and gave the company a “hold” rating in a report on Thursday, April 9th. Susquehanna upped their price target on shares of SolarEdge Technologies from $37.00 to $45.00 and gave the company a “neutral” rating in a report on Thursday, April 9th. Morgan Stanley upped their price target on shares of SolarEdge Technologies from $33.00 to $40.00 and gave the company an “equal weight” rating in a report on Thursday, February 19th. Wells Fargo & Company upped their price target on shares of SolarEdge Technologies from $33.00 to $36.00 and gave the company an “equal weight” rating in a report on Friday, February 20th. Finally, Raymond James Financial assumed coverage on shares of SolarEdge Technologies in a research note on Tuesday, January 13th. They set a “market perform” rating on the stock. One research analyst has rated the stock with a Buy rating, seventeen have given a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $29.90.

SolarEdge Technologies Stock Up 0.1%

Shares of NASDAQ SEDG opened at $42.91 on Friday. SolarEdge Technologies, Inc. has a 1 year low of $12.47 and a 1 year high of $53.75. The firm’s 50 day moving average price is $42.72 and its 200 day moving average price is $37.18. The firm has a market cap of $2.61 billion, a P/E ratio of -6.24 and a beta of 1.18. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.48 and a current ratio of 2.17.

SolarEdge Technologies (NASDAQ:SEDG) last announced its earnings results on Thursday, February 26th. The semiconductor company reported ($0.14) earnings per share (EPS) for the quarter. SolarEdge Technologies had a negative return on equity of 45.54% and a negative net margin of 34.23%.The firm had revenue of $333.80 million for the quarter. As a group, sell-side analysts anticipate that SolarEdge Technologies, Inc. will post -0.94 earnings per share for the current year.

SolarEdge Technologies 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.