SolarEdge Technologies Sees Unusually Large Options Volume (NASDAQ:SEDG)

SolarEdge Technologies, Inc. (NASDAQ:SEDG) was the recipient of unusually large options trading activity on Wednesday. Stock investors bought 14,496 call options on the company. This represents an increase of approximately 25% compared to the average volume of 11,567 call options.

SolarEdge Technologies Stock Performance

SEDG stock traded down $1.98 on Wednesday, reaching $35.15. The company’s stock had a trading volume of 4,734,729 shares, compared to its average volume of 2,833,516. The firm has a fifty day moving average of $32.46 and a two-hundred day moving average of $33.64. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.28 and a quick ratio of 1.60. The company has a market capitalization of $2.10 billion, a P/E ratio of -3.62 and a beta of 1.66. SolarEdge Technologies has a 52 week low of $11.00 and a 52 week high of $48.60.

SolarEdge Technologies (NASDAQ:SEDG) last announced its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported ($0.14) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.05. SolarEdge Technologies had a negative return on equity of 77.21% and a negative net margin of 53.65%.The company had revenue of $333.80 million during the quarter, compared to analyst estimates of $330.33 million. During the same quarter in the previous year, the firm posted ($3.52) EPS. The firm’s quarterly revenue was up 70.9% on a year-over-year basis. As a group, analysts predict that SolarEdge Technologies will post -4.54 EPS for the current fiscal year.

Hedge Funds Weigh In On SolarEdge Technologies

Hedge funds have recently modified their holdings of the company. UBS Group AG lifted its holdings in shares of SolarEdge Technologies by 18.5% in the fourth quarter. UBS Group AG now owns 4,210,429 shares of the semiconductor company’s stock valued at $121,471,000 after buying an additional 655,925 shares during the period. Vanguard Group Inc. lifted its stake in SolarEdge Technologies by 5.5% during the fourth quarter. Vanguard Group Inc. now owns 3,368,073 shares of the semiconductor company’s stock valued at $97,169,000 after purchasing an additional 175,582 shares during the last quarter. Menora Mivtachim Holdings LTD. grew its position in 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 worth $77,830,000 after buying an additional 612,884 shares during the last quarter. Electron Capital Partners LLC increased 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 buying an additional 898,802 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in shares of SolarEdge Technologies by 14.9% during the 3rd quarter. Invesco Ltd. now owns 1,686,770 shares of the semiconductor company’s stock worth $62,410,000 after acquiring an additional 218,935 shares in the last quarter. 95.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

SEDG has been the subject of a number of recent analyst reports. Barclays raised their price objective on SolarEdge Technologies from $36.00 to $39.00 and gave the company an “equal weight” rating in a research note on Thursday, January 15th. UBS Group upped their price target on shares of SolarEdge Technologies from $30.00 to $40.00 and gave the company a “neutral” rating in a report on Friday, November 14th. Royal Bank Of Canada boosted their target price on shares of SolarEdge Technologies from $25.00 to $34.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 6th. Citigroup reduced their price target on shares of SolarEdge Technologies from $30.00 to $29.00 and set a “sell” rating on the stock in a research report on Thursday, December 18th. Finally, Jefferies Financial Group reissued an “underperform” rating on shares of SolarEdge Technologies in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Buy rating, sixteen have assigned a Hold rating and eight have assigned a Sell rating to the company. According to MarketBeat, SolarEdge Technologies presently has a consensus rating of “Reduce” and an average price target of $25.45.

About SolarEdge Technologies

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.