SolarEdge Technologies, Inc. (NASDAQ:SEDG) VP Zvi Lando sold 20,000 shares of the stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $38.02, for a total transaction of $760,400.00. Following the transaction, the vice president now directly owns 28,333 shares in the company, valued at $1,077,220.66. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Zvi Lando also recently made the following trade(s):

  • On Friday, November 3rd, Zvi Lando sold 6,240 shares of SolarEdge Technologies stock. The stock was sold at an average price of $33.50, for a total transaction of $209,040.00.
  • On Monday, October 16th, Zvi Lando sold 10,000 shares of SolarEdge Technologies stock. The stock was sold at an average price of $30.36, for a total transaction of $303,600.00.

Shares of SolarEdge Technologies, Inc. (SEDG) opened at $37.50 on Tuesday. SolarEdge Technologies, Inc. has a one year low of $12.00 and a one year high of $39.45. The firm has a market cap of $1,640.94, a PE ratio of 23.12, a P/E/G ratio of 0.84 and a beta of 0.10.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp lifted its stake in shares of SolarEdge Technologies by 601.2% in the second quarter. Bank of New York Mellon Corp now owns 1,526,947 shares of the semiconductor company’s stock valued at $30,539,000 after buying an additional 1,309,184 shares during the period. Schwab Charles Investment Management Inc. lifted its stake in shares of SolarEdge Technologies by 9.6% in the first quarter. Schwab Charles Investment Management Inc. now owns 81,872 shares of the semiconductor company’s stock valued at $1,278,000 after buying an additional 7,140 shares during the period. Spears Abacus Advisors LLC bought a new stake in shares of SolarEdge Technologies in the second quarter valued at about $366,000. Goldman Sachs Group Inc. lifted its stake in shares of SolarEdge Technologies by 143.7% in the second quarter. Goldman Sachs Group Inc. now owns 341,115 shares of the semiconductor company’s stock valued at $6,822,000 after buying an additional 201,146 shares during the period. Finally, Seizert Capital Partners LLC bought a new stake in shares of SolarEdge Technologies in the second quarter valued at about $4,006,000. Institutional investors and hedge funds own 60.00% of the company’s stock.

SEDG has been the topic of several analyst reports. UBS AG raised shares of SolarEdge Technologies from a “market perform” rating to an “outperform” rating in a research report on Tuesday, July 18th. Oppenheimer Holdings, Inc. raised shares of SolarEdge Technologies from a “market perform” rating to an “outperform” rating and set a $25.00 target price on the stock in a research report on Tuesday, July 18th. CIBC raised shares of SolarEdge Technologies from a “market perform” rating to an “outperform” rating in a research report on Tuesday, July 18th. Zacks Investment Research raised shares of SolarEdge Technologies from a “hold” rating to a “strong-buy” rating and set a $25.00 target price on the stock in a research report on Thursday, July 20th. Finally, Roth Capital raised SolarEdge Technologies from a “neutral” rating to a “buy” rating and set a $26.00 price target on the stock in a research report on Thursday, July 27th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $30.18.

About SolarEdge Technologies

SolarEdge Technologies, Inc offers an inverter solution for a solar photovoltaic (PV) system. The Company’s products include SolarEdge Power Optimizer, SolarEdge Inverter, StorEdge Solutions and SolarEdge Monitoring Software. Its product roadmap consists of categories, including power optimizers, inverters, monitoring services, energy storage and smart energy management.

Insider Buying and Selling by Quarter for SolarEdge Technologies (NASDAQ:SEDG)

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