SolarEdge Technologies Sees Unusually Large Options Volume (NASDAQ:SEDG)

SolarEdge Technologies, Inc. (NASDAQ:SEDG) saw unusually large options trading activity on Tuesday. Investors purchased 35,891 put options on the company. This represents an increase of approximately 116% compared to the average volume of 16,614 put options.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on SEDG shares. Morgan Stanley upped their price target on shares of SolarEdge Technologies from $17.00 to $25.00 and gave the stock an “underweight” rating in a research note on Thursday, October 16th. UBS Group upped their price target on shares of SolarEdge Technologies from $20.00 to $30.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 19th. Mizuho upped their price target on shares of SolarEdge Technologies from $18.00 to $29.00 and gave the stock a “neutral” rating in a research note on Monday, July 14th. BNP Paribas Exane cut shares of SolarEdge Technologies from a “neutral” rating to an “underperform” rating and set a $17.00 price target on the stock. in a research note on Wednesday, July 16th. Finally, BNP Paribas upgraded shares of SolarEdge Technologies to a “strong sell” rating in a research note on Wednesday, July 16th. Eighteen equities research analysts have rated the stock with a Hold rating and eleven have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $21.68.

SolarEdge Technologies Price Performance

SEDG opened at $31.82 on Wednesday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.42 and a current ratio of 1.94. The stock has a market capitalization of $1.89 billion, a P/E ratio of -1.06 and a beta of 1.58. The company’s 50-day simple moving average is $35.58 and its two-hundred day simple moving average is $26.62. SolarEdge Technologies has a 52-week low of $10.24 and a 52-week high of $41.92.

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, meeting the consensus estimate of ($0.81). SolarEdge Technologies had a negative net margin of 177.64% and a negative return on equity of 191.53%. The business had revenue of $289.43 million for the quarter, compared to analysts’ expectations of $270.03 million. During the same quarter in the prior year, the business earned ($1.79) EPS. The business’s revenue for the quarter was up 9.0% compared to the same quarter last year. SolarEdge Technologies has set its Q3 2025 guidance at EPS. As a group, analysts predict that SolarEdge Technologies will post -4.54 EPS for the current year.

Hedge Funds Weigh In On SolarEdge Technologies

Several institutional investors have recently made changes to their positions in the business. Jones Financial Companies Lllp lifted its stake in shares of SolarEdge Technologies by 174.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 4,870 shares of the semiconductor company’s stock worth $192,000 after purchasing an additional 3,093 shares during the period. Convergence Investment Partners LLC bought a new position in shares of SolarEdge Technologies in the 3rd quarter worth approximately $3,033,000. Thrivent Financial for Lutherans bought a new position in shares of SolarEdge Technologies in the 3rd quarter worth approximately $1,585,000. New York State Common Retirement Fund lifted its stake in shares of SolarEdge Technologies by 87.0% in the 3rd quarter. New York State Common Retirement Fund now owns 76,773 shares of the semiconductor company’s stock worth $2,841,000 after purchasing an additional 35,719 shares during the period. Finally, Ballentine Partners LLC bought a new position in shares of SolarEdge Technologies in the 3rd quarter worth approximately $346,000. Institutional investors own 95.10% of the company’s stock.

SolarEdge Technologies Company 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.