Y Intercept Hong Kong Ltd Buys 32,201 Shares of SolarEdge Technologies, Inc. $SEDG

Y Intercept Hong Kong Ltd grew its position in shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) by 77.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,695 shares of the semiconductor company’s stock after purchasing an additional 32,201 shares during the period. Y Intercept Hong Kong Ltd owned approximately 0.12% of SolarEdge Technologies worth $2,727,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Assenagon Asset Management S.A. raised its position in SolarEdge Technologies by 612.9% during the third quarter. Assenagon Asset Management S.A. now owns 1,448,643 shares of the semiconductor company’s stock valued at $53,600,000 after purchasing an additional 1,245,445 shares during the period. Menora Mivtachim Holdings LTD. boosted its stake in SolarEdge Technologies by 213.4% during 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 period. Electron Capital Partners LLC purchased a new stake in shares of SolarEdge Technologies in the second quarter valued at $17,009,000. Jump Financial LLC purchased a new stake in shares of SolarEdge Technologies in the second quarter worth approximately $15,982,000. Finally, PGGM Investments bought a new stake in shares of SolarEdge Technologies during the 3rd quarter worth approximately $24,438,000. Hedge funds and other institutional investors own 95.10% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on SEDG shares. Susquehanna increased their price objective on SolarEdge Technologies from $25.00 to $40.00 and gave the stock a “neutral” rating in a research note on Monday, October 13th. Citigroup cut their price target on SolarEdge Technologies from $30.00 to $29.00 and set a “sell” rating on the stock in a report on Thursday, December 18th. Wells Fargo & Company reduced their price objective on shares of SolarEdge Technologies from $42.00 to $33.00 and set an “equal weight” rating for the company in a research note on Friday, December 19th. TD Cowen raised SolarEdge Technologies from a “hold” rating to a “buy” rating and raised their price target for the stock from $34.00 to $38.00 in a report on Friday, January 9th. Finally, Morgan Stanley raised shares of SolarEdge Technologies from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $27.00 to $33.00 in a report on Tuesday, December 16th. One research analyst has rated the stock with a Buy rating, sixteen have given a Hold rating and eight have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $25.45.

SolarEdge Technologies Stock Up 2.3%

Shares of SEDG stock traded up $0.79 during trading hours on Wednesday, reaching $35.60. 173,715 shares of the stock were exchanged, compared to its average volume of 2,558,578. SolarEdge Technologies, Inc. has a 12-month low of $11.00 and a 12-month high of $48.60. The business’s fifty day moving average is $32.02 and its two-hundred day moving average is $32.84. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.28 and a quick ratio of 1.60. The firm has a market capitalization of $2.13 billion, a P/E ratio of -3.66 and a beta of 1.66.

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.