SolarEdge Technologies, Inc. $SEDG Shares Bought by Public Sector Pension Investment Board

Public Sector Pension Investment Board increased its holdings in SolarEdge Technologies, Inc. (NASDAQ:SEDGFree Report) by 15.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 231,604 shares of the semiconductor company’s stock after buying an additional 30,264 shares during the period. Public Sector Pension Investment Board’s holdings in SolarEdge Technologies were worth $8,569,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Whittier Trust Co. acquired a new stake in SolarEdge Technologies during the third quarter worth about $27,000. Hantz Financial Services Inc. grew its holdings in shares of SolarEdge Technologies by 352.5% during the third quarter. Hantz Financial Services Inc. now owns 733 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 571 shares during the last quarter. Canada Pension Plan Investment Board acquired a new stake in shares of SolarEdge Technologies during the 2nd quarter worth approximately $35,000. Tower Research Capital LLC TRC lifted its holdings in shares of SolarEdge Technologies by 28.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,481 shares of the semiconductor company’s stock worth $51,000 after purchasing an additional 553 shares during the last quarter. Finally, Spire Wealth Management boosted its position in SolarEdge Technologies by 706.3% during the 2nd quarter. Spire Wealth Management now owns 3,185 shares of the semiconductor company’s stock valued at $65,000 after purchasing an additional 2,790 shares during the period. Institutional investors own 95.10% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on SEDG. UBS Group increased their target price on SolarEdge Technologies from $30.00 to $40.00 and gave the stock a “neutral” rating in a research report on Friday, November 14th. Jefferies Financial Group restated an “underperform” rating on shares of SolarEdge Technologies in a research report on Wednesday, January 21st. Weiss Ratings reiterated a “sell (d-)” rating on shares of SolarEdge Technologies in a research report on Monday, December 29th. Royal Bank Of Canada boosted their target price on shares of SolarEdge Technologies from $25.00 to $34.00 and gave the company a “sector perform” rating in a research note on Thursday, November 6th. Finally, Wells Fargo & Company dropped their price target on shares of SolarEdge Technologies from $42.00 to $33.00 and set an “equal weight” rating on the stock in a research note on Friday, December 19th. 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 stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $25.45.

Check Out Our Latest Report on SolarEdge Technologies

SolarEdge Technologies Stock Performance

Shares of SEDG opened at $35.53 on Tuesday. The firm has a market capitalization of $2.12 billion, a PE ratio of -3.67 and a beta of 1.66. The company has a quick ratio of 1.60, a current ratio of 2.28 and a debt-to-equity ratio of 0.78. The firm has a 50-day moving average price of $32.32 and a 200 day moving average price of $33.56. SolarEdge Technologies, Inc. has a 52-week low of $11.00 and a 52-week high of $48.60.

About SolarEdge Technologies

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for SolarEdge Technologies (NASDAQ:SEDG)

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