BlueCrest Capital Management Ltd Purchases New Position in SolarEdge Technologies, Inc. $SEDG

BlueCrest Capital Management Ltd acquired a new stake in SolarEdge Technologies, Inc. (NASDAQ:SEDG) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 68,832 shares of the semiconductor company’s stock, valued at approximately $2,547,000. BlueCrest Capital Management Ltd owned approximately 0.12% of SolarEdge Technologies as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Accent Capital Management LLC bought a new stake in SolarEdge Technologies in the 3rd quarter valued at approximately $25,000. Hantz Financial Services Inc. boosted its stake in shares of 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 buying an additional 571 shares during the last quarter. Whittier Trust Co. acquired a new position in shares of SolarEdge Technologies during the 3rd quarter worth about $27,000. Canada Pension Plan Investment Board bought a new position in shares of SolarEdge Technologies in the 2nd quarter valued at about $35,000. Finally, Tower Research Capital LLC TRC grew 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 valued at $51,000 after acquiring an additional 553 shares in the last quarter. 95.10% of the stock is owned by institutional investors and hedge funds.

SolarEdge Technologies Stock Performance

Shares of NASDAQ:SEDG opened at $42.88 on Wednesday. The company’s 50 day simple moving average is $35.63 and its 200 day simple moving average is $34.87. The stock has a market capitalization of $2.59 billion, a price-to-earnings ratio of -6.23 and a beta of 1.62. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.17 and a quick ratio of 1.48. SolarEdge Technologies, Inc. has a 1 year low of $11.00 and a 1 year high of $48.60.

SolarEdge Technologies (NASDAQ:SEDG) last released its earnings results on Wednesday, February 18th. The semiconductor company reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.19) by $0.05. The firm had revenue of $333.80 million during the quarter, compared to analysts’ expectations of $330.33 million. SolarEdge Technologies had a negative return on equity of 45.54% and a negative net margin of 34.23%.The company’s quarterly revenue was up 70.9% on a year-over-year basis. During the same period in the prior year, the company earned ($3.52) earnings per share. As a group, research analysts predict that SolarEdge Technologies, Inc. will post -4.54 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

SEDG has been the subject of several analyst reports. Citigroup decreased their target price on shares of SolarEdge Technologies from $30.00 to $29.00 and set a “sell” rating for the company in a research note on Thursday, December 18th. TD Cowen boosted their price target on SolarEdge Technologies from $38.00 to $43.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. UBS Group dropped their price objective on SolarEdge Technologies from $40.00 to $36.00 and set a “neutral” rating on the stock in a research note on Monday, March 2nd. Morgan Stanley raised their price objective on SolarEdge Technologies from $33.00 to $40.00 and gave the company an “equal weight” rating in a research report on Thursday, February 19th. Finally, Royal Bank Of Canada cut their target price on shares of SolarEdge Technologies from $34.00 to $32.00 and set a “sector perform” rating for the company in a research note on Thursday, February 19th. One research analyst has rated the stock with a Buy rating, seventeen have assigned a Hold rating and seven have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $27.68.

About SolarEdge Technologies

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.