Stock Traders Purchase High Volume of SolarEdge Technologies Call Options (NASDAQ:SEDG)

SolarEdge Technologies, Inc. (NASDAQ:SEDG) was the target of some unusual options trading on Wednesday. Investors acquired 14,496 call options on the company. This represents an increase of approximately 25% compared to the typical volume of 11,567 call options.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of SEDG. Accent Capital Management LLC purchased a new stake in SolarEdge Technologies during the 3rd quarter worth $25,000. Hantz Financial Services Inc. lifted its position in SolarEdge Technologies by 352.5% during the 3rd quarter. Hantz Financial Services Inc. now owns 733 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 571 shares in the last quarter. Whittier Trust Co. purchased a new position in SolarEdge Technologies in the 3rd quarter worth approximately $27,000. Saranac Partners Ltd purchased a new stake in shares of SolarEdge Technologies during the third quarter valued at approximately $28,000. Finally, State of Wyoming acquired a new position in shares of SolarEdge Technologies during the fourth quarter worth $27,000. Hedge funds and other institutional investors own 95.10% of the company’s stock.

SolarEdge Technologies Trading Down 5.3%

SEDG stock traded down $1.98 on Wednesday, hitting $35.15. 4,734,729 shares of the company were exchanged, compared to its average volume of 2,833,516. The stock has a market capitalization of $2.10 billion, a price-to-earnings ratio of -3.62 and a beta of 1.66. The business’s fifty day moving average is $32.46 and its two-hundred day moving average is $33.64. SolarEdge Technologies has a twelve month low of $11.00 and a twelve month high of $48.60. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.28 and a quick ratio of 1.60.

SolarEdge Technologies (NASDAQ:SEDG) last released its quarterly earnings data on Wednesday, February 18th. The semiconductor company reported ($0.14) 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 business had revenue of $333.80 million during the quarter, compared to the consensus estimate of $330.33 million. During the same period in the prior year, the firm posted ($3.52) EPS. The business’s revenue for the quarter was up 70.9% on a year-over-year basis. As a group, research analysts forecast that SolarEdge Technologies will post -4.54 earnings per share for the current year.

Analyst Upgrades and Downgrades

SEDG has been the topic of a number of research reports. Wells Fargo & Company lowered their price objective 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. The Goldman Sachs Group lowered their price target on shares of SolarEdge Technologies from $36.00 to $31.00 and set a “neutral” rating on the stock in a research report on Thursday, December 18th. UBS Group lifted their price objective on SolarEdge Technologies from $30.00 to $40.00 and gave the stock a “neutral” rating in a research report on Friday, November 14th. Citigroup reduced their target price on SolarEdge Technologies from $30.00 to $29.00 and set a “sell” rating on the stock in a research note on Thursday, December 18th. Finally, Royal Bank Of Canada raised their price target on SolarEdge Technologies from $25.00 to $34.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 6th. One research analyst has rated the stock with a Buy rating, sixteen have given a Hold rating and eight have issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Reduce” and an average target price of $25.45.

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.