Williamson Legacy Group LLC Sells 7,744 Shares of SolarEdge Technologies, Inc. $SEDG

Williamson Legacy Group LLC lowered its stake in shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) by 15.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 42,701 shares of the semiconductor company’s stock after selling 7,744 shares during the period. Williamson Legacy Group LLC’s holdings in SolarEdge Technologies were worth $1,232,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. UBS Group AG raised its stake in shares of SolarEdge Technologies by 18.5% during the 4th quarter. UBS Group AG now owns 4,210,429 shares of the semiconductor company’s stock worth $121,471,000 after purchasing an additional 655,925 shares in the last quarter. Vanguard Group Inc. raised its stake in SolarEdge Technologies by 5.5% in the 4th quarter. Vanguard Group Inc. now owns 3,368,073 shares of the semiconductor company’s stock valued at $97,169,000 after acquiring an additional 175,582 shares during the period. Menora Mivtachim Holdings LTD. raised its stake in SolarEdge Technologies by 41.1% in the 3rd quarter. Menora Mivtachim Holdings LTD. now owns 2,103,521 shares of the semiconductor company’s stock valued at $77,830,000 after acquiring an additional 612,884 shares during the period. Electron Capital Partners LLC raised its stake in SolarEdge Technologies by 107.8% in the 3rd quarter. Electron Capital Partners LLC now owns 1,732,566 shares of the semiconductor company’s stock valued at $64,105,000 after acquiring an additional 898,802 shares during the period. Finally, Invesco Ltd. raised its stake in SolarEdge Technologies by 14.9% in the 3rd quarter. Invesco Ltd. now owns 1,686,770 shares of the semiconductor company’s stock valued at $62,410,000 after acquiring an additional 218,935 shares during the period. Institutional investors own 95.10% of the company’s stock.

SolarEdge Technologies Stock Up 14.2%

SEDG stock opened at $70.75 on Wednesday. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.02 and a quick ratio of 1.36. The stock has a market capitalization of $4.30 billion, a price-to-earnings ratio of -11.54 and a beta of 1.18. The business’s fifty day moving average price is $47.13 and its two-hundred day moving average price is $38.77. SolarEdge Technologies, Inc. has a fifty-two week low of $13.73 and a fifty-two week high of $75.73.

SolarEdge Technologies (NASDAQ:SEDG) last posted its quarterly earnings data on Wednesday, May 6th. The semiconductor company reported ($0.43) earnings per share for the quarter, missing the consensus estimate of ($0.23) by ($0.20). The firm had revenue of $309.90 million for the quarter, compared to the consensus estimate of $305.49 million. SolarEdge Technologies had a negative return on equity of 38.66% and a negative net margin of 28.56%.The firm’s quarterly revenue was up 41.5% on a year-over-year basis. During the same quarter in the previous year, the business earned ($1.14) EPS. On average, equities analysts anticipate that SolarEdge Technologies, Inc. will post -1.12 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on SEDG shares. Weiss Ratings cut SolarEdge Technologies from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, May 21st. Citigroup cut their target price on shares of SolarEdge Technologies from $30.00 to $27.00 and set a “sell” rating for the company in a research note on Thursday, May 7th. TD Cowen lifted their target price on shares of SolarEdge Technologies from $38.00 to $43.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. Bank of America raised shares of SolarEdge Technologies from an “underperform” rating to a “neutral” rating and increased their price target for the company from $17.00 to $40.00 in a report on Tuesday, March 10th. Finally, Morgan Stanley raised their price objective on shares of SolarEdge Technologies from $33.00 to $40.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 19th. One equities research analyst has rated the stock with a Buy rating, fifteen have issued a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat.com, SolarEdge Technologies has an average rating of “Reduce” and a consensus target price of $31.15.

Insiders Place Their Bets

In other SolarEdge Technologies news, Chairman More Avery sold 2,566 shares of the stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $38.76, for a total transaction of $99,458.16. Following the transaction, the chairman owned 295,379 shares in the company, valued at $11,448,890.04. This trade represents a 0.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.71% of the stock is owned by insiders.

SolarEdge Technologies Company 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.