Capital Innovations LLC Invests $689,000 in SolarEdge Technologies, Inc. $SEDG

Capital Innovations LLC acquired a new position in shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 23,883 shares of the semiconductor company’s stock, valued at approximately $689,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in SEDG. UBS Group AG grew its stake in shares of SolarEdge Technologies by 234.8% during the 3rd quarter. UBS Group AG now owns 3,554,504 shares of the semiconductor company’s stock worth $131,517,000 after purchasing an additional 2,492,776 shares during the period. Electron Capital Partners LLC grew its stake in shares of SolarEdge Technologies by 107.8% during the 3rd 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. Handelsbanken Fonder AB acquired a new stake in shares of SolarEdge Technologies during the 3rd quarter worth approximately $24,348,000. Menora Mivtachim Holdings LTD. grew its stake in shares of SolarEdge Technologies by 41.1% during the 3rd quarter. Menora Mivtachim Holdings LTD. now owns 2,103,521 shares of the semiconductor company’s stock worth $77,830,000 after purchasing an additional 612,884 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in SolarEdge Technologies in the 3rd quarter valued at $21,595,000. Institutional investors and hedge funds own 95.10% of the company’s stock.

SolarEdge Technologies Price Performance

SolarEdge Technologies stock opened at $78.51 on Wednesday. The company’s fifty day moving average price is $49.62 and its 200 day moving average price is $39.68. SolarEdge Technologies, Inc. has a 1 year low of $13.73 and a 1 year high of $81.25. The stock has a market capitalization of $4.77 billion, a P/E ratio of -12.81 and a beta of 1.42. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.36 and a current ratio of 2.02.

SolarEdge Technologies (NASDAQ:SEDG) last announced 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 net margin of 28.56% and a negative return on equity of 38.66%. The company’s revenue for the quarter was up 41.5% on a year-over-year basis. During the same quarter in the previous year, the business posted ($1.14) EPS. As a group, equities research analysts anticipate that SolarEdge Technologies, Inc. will post -1.12 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on SEDG. Morgan Stanley lifted their price target on shares of SolarEdge Technologies from $33.00 to $40.00 and gave the company an “equal weight” rating in a research note on Thursday, February 19th. Barclays lifted their price target on shares of SolarEdge Technologies from $39.00 to $41.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 8th. Glj Research reissued a “sell” rating on shares of SolarEdge Technologies in a research note on Monday, May 18th. Weiss Ratings cut shares of SolarEdge Technologies from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, May 21st. Finally, Jefferies Financial Group raised shares of SolarEdge Technologies from an “underperform” rating to a “hold” rating and lifted their price target for the company from $30.00 to $49.00 in a research note on Friday, March 20th. One analyst has rated the stock with a Buy rating, fifteen have issued a Hold rating and seven have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $33.25.

Insiders Place Their Bets

In other SolarEdge Technologies news, Chairman More Avery sold 2,566 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $38.76, for a total value of $99,458.16. Following the transaction, the chairman owned 295,379 shares in the company, valued at approximately $11,448,890.04. This trade represents a 0.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.04% of the company’s stock.

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.