Aquatic Capital Management LLC Buys 116,399 Shares of SolarEdge Technologies, Inc. $SEDG

Aquatic Capital Management LLC lifted its stake in shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) by 1,282.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 125,473 shares of the semiconductor company’s stock after purchasing an additional 116,399 shares during the quarter. Aquatic Capital Management LLC owned about 0.21% of SolarEdge Technologies worth $4,643,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Public Sector Pension Investment Board increased its holdings in SolarEdge Technologies by 15.0% during the 3rd quarter. Public Sector Pension Investment Board now owns 231,604 shares of the semiconductor company’s stock worth $8,569,000 after purchasing an additional 30,264 shares in the last quarter. Convergence Investment Partners LLC bought a new stake in SolarEdge Technologies during the third quarter worth $3,033,000. SG Americas Securities LLC raised its position in SolarEdge Technologies by 59.7% in the 3rd quarter. SG Americas Securities LLC now owns 103,033 shares of the semiconductor company’s stock valued at $3,812,000 after buying an additional 38,511 shares during the last quarter. Menora Mivtachim Holdings LTD. raised its position in SolarEdge Technologies by 213.4% in the 2nd quarter. Menora Mivtachim Holdings LTD. now owns 1,490,637 shares of the semiconductor company’s stock valued at $30,409,000 after buying an additional 1,015,017 shares during the last quarter. Finally, PGGM Investments bought a new position in SolarEdge Technologies during the 3rd quarter valued at $24,438,000. 95.10% of the stock is currently owned by institutional investors and hedge funds.

SolarEdge Technologies Trading Up 8.7%

Shares of SolarEdge Technologies stock opened at $40.71 on Tuesday. The firm has a market cap of $2.46 billion, a PE ratio of -5.92 and a beta of 1.62. SolarEdge Technologies, Inc. has a 1 year low of $11.00 and a 1 year high of $48.60. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.17 and a quick ratio of 1.48. The stock has a fifty day moving average price of $35.39 and a 200-day moving average price of $34.81.

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

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on SEDG shares. Barclays upped their target price on shares of SolarEdge Technologies from $36.00 to $39.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 15th. The Goldman Sachs Group raised their price target on shares of SolarEdge Technologies from $32.00 to $36.00 and gave the company a “neutral” rating in a research report on Thursday, February 19th. Weiss Ratings restated a “sell (d-)” rating on shares of SolarEdge Technologies in a report on Monday, December 29th. Bank of America raised shares of SolarEdge Technologies from an “underperform” rating to a “neutral” rating and upped their price objective for the stock from $17.00 to $40.00 in a research report on Tuesday, March 10th. Finally, Jefferies Financial Group reiterated an “underperform” rating on shares of SolarEdge Technologies in a research note on Wednesday, January 21st. One analyst has rated the stock with a Buy rating, seventeen have given a Hold rating and seven have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $27.68.

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.