Hsbc Holdings PLC Raises Position in SolarEdge Technologies, Inc. $SEDG

Hsbc Holdings PLC increased its holdings in SolarEdge Technologies, Inc. (NASDAQ:SEDG) by 17.5% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,312 shares of the semiconductor company’s stock after buying an additional 1,836 shares during the period. Hsbc Holdings PLC’s holdings in SolarEdge Technologies were worth $192,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Versor Investments LP bought a new position in SolarEdge Technologies in the first quarter valued at $413,000. Algert Global LLC bought a new position in SolarEdge Technologies in the first quarter valued at $849,000. American Century Companies Inc. bought a new position in SolarEdge Technologies in the first quarter valued at $345,000. Fox Run Management L.L.C. bought a new position in SolarEdge Technologies in the first quarter valued at $746,000. Finally, Public Sector Pension Investment Board increased its stake in SolarEdge Technologies by 27.3% in the first quarter. Public Sector Pension Investment Board now owns 183,776 shares of the semiconductor company’s stock valued at $2,973,000 after acquiring an additional 39,419 shares during the last quarter. Hedge funds and other institutional investors own 95.10% of the company’s stock.

SolarEdge Technologies Stock Up 0.8%

NASDAQ SEDG opened at $34.42 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.94 and a quick ratio of 1.42. The stock has a market capitalization of $2.04 billion, a PE ratio of -1.15 and a beta of 1.50. SolarEdge Technologies, Inc. has a 1 year low of $10.24 and a 1 year high of $35.77. The business’s 50-day moving average is $28.19 and its 200 day moving average is $20.51.

SolarEdge Technologies (NASDAQ:SEDG) last posted its earnings results on Thursday, August 7th. The semiconductor company reported ($0.81) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.81). The company had revenue of $289.43 million for the quarter, compared to analysts’ expectations of $270.03 million. SolarEdge Technologies had a negative return on equity of 191.53% and a negative net margin of 177.64%.SolarEdge Technologies’s quarterly revenue was up 9.0% on a year-over-year basis. During the same period last year, the firm earned ($1.79) earnings per share. SolarEdge Technologies has set its Q3 2025 guidance at EPS. Sell-side analysts forecast that SolarEdge Technologies, Inc. will post -4.54 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Roth Capital increased their target price on SolarEdge Technologies from $15.00 to $25.00 and gave the company a “neutral” rating in a research note on Tuesday, August 5th. TD Cowen increased their target price on SolarEdge Technologies from $18.00 to $20.00 and gave the company a “hold” rating in a research note on Friday, August 8th. Susquehanna increased their target price on SolarEdge Technologies from $14.00 to $26.00 and gave the company a “neutral” rating in a research note on Monday, July 21st. Guggenheim raised their price objective on SolarEdge Technologies from $5.00 to $7.00 and gave the company a “sell” rating in a research note on Monday, August 25th. Finally, Wall Street Zen raised SolarEdge Technologies from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Seventeen investment analysts have rated the stock with a Hold rating and ten have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $18.20.

SolarEdge Technologies Profile

SolarEdge Technologies, Inc, together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. It operates in two segments, Solar and Energy Storage.