SG Americas Securities LLC Boosts Stock Position in SolarEdge Technologies, Inc. $SEDG

SG Americas Securities LLC raised its holdings in SolarEdge Technologies, Inc. (NASDAQ:SEDG) by 59.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 103,033 shares of the semiconductor company’s stock after purchasing an additional 38,511 shares during the period. SG Americas Securities LLC owned about 0.17% of SolarEdge Technologies worth $3,812,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in SEDG. Menora Mivtachim Holdings LTD. increased its stake in shares of SolarEdge Technologies by 213.4% in the second quarter. Menora Mivtachim Holdings LTD. now owns 1,490,637 shares of the semiconductor company’s stock worth $30,409,000 after buying an additional 1,015,017 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in SolarEdge Technologies by 612.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 1,448,643 shares of the semiconductor company’s stock worth $53,600,000 after acquiring an additional 1,245,445 shares in the last quarter. Legal & General Group Plc increased its position in shares of SolarEdge Technologies by 9.6% in the 2nd quarter. Legal & General Group Plc now owns 1,424,788 shares of the semiconductor company’s stock worth $29,066,000 after purchasing an additional 124,591 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of SolarEdge Technologies by 8.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 997,962 shares of the semiconductor company’s stock valued at $16,147,000 after purchasing an additional 79,461 shares in the last quarter. Finally, Electron Capital Partners LLC bought a new position in shares of SolarEdge Technologies during the second quarter worth about $17,009,000. Institutional investors and hedge funds own 95.10% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the company. Citigroup cut their price objective 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. UBS Group upped their price target on SolarEdge Technologies from $30.00 to $40.00 and gave the company a “neutral” rating in a research report on Friday, November 14th. BMO Capital Markets raised their price objective on SolarEdge Technologies from $19.00 to $25.00 and gave the stock an “underperform” rating in a research note on Thursday, November 6th. JPMorgan Chase & Co. boosted their target price on shares of SolarEdge Technologies from $27.00 to $29.00 and gave the company a “neutral” rating in a research note on Thursday, October 16th. Finally, The Goldman Sachs Group dropped their target price on shares of SolarEdge Technologies from $36.00 to $31.00 and set a “neutral” rating on the stock in a report on Thursday, December 18th. One analyst has rated the stock with a Buy rating, eighteen have assigned a Hold rating and nine have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $24.62.

SolarEdge Technologies Stock Performance

SEDG stock opened at $32.89 on Monday. SolarEdge Technologies, Inc. has a 1 year low of $11.00 and a 1 year high of $48.60. The stock has a market capitalization of $1.97 billion, a price-to-earnings ratio of -3.40 and a beta of 1.66. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.60 and a current ratio of 2.28. The stock’s fifty day moving average is $32.99 and its two-hundred day moving average is $32.01.

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.