De Lisle Partners LLP Takes $3.74 Million Position in SolarEdge Technologies, Inc. $SEDG

De Lisle Partners LLP acquired a new position in SolarEdge Technologies, Inc. (NASDAQ:SEDG) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 64,000 shares of the semiconductor company’s stock, valued at approximately $3,743,000.

Other large investors have also added to or reduced their stakes in the company. Allworth Financial LP acquired a new stake in SolarEdge Technologies in the 2nd quarter valued at $31,000. Advisors Preferred LLC acquired a new position in shares of SolarEdge Technologies during the 2nd quarter worth about $576,000. Deutsche Bank AG boosted its stake in shares of SolarEdge Technologies by 24.4% during the 2nd quarter. Deutsche Bank AG now owns 18,035 shares of the semiconductor company’s stock worth $1,054,000 after buying an additional 3,537 shares during the last quarter. State of Wyoming grew its holdings in shares of SolarEdge Technologies by 80.8% in the 2nd quarter. State of Wyoming now owns 2,236 shares of the semiconductor company’s stock valued at $131,000 after acquiring an additional 999 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in shares of SolarEdge Technologies by 5.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 240,695 shares of the semiconductor company’s stock valued at $14,066,000 after acquiring an additional 13,063 shares in the last quarter. Institutional investors and hedge funds own 95.10% of the company’s stock.

SolarEdge Technologies Stock Down 0.2%

SolarEdge Technologies stock opened at $30.83 on Friday. The firm has a market capitalization of $1.90 billion, a PE ratio of -6.85 and a beta of 1.49. The company’s 50-day moving average is $46.30 and its 200-day moving average is $46.49. SolarEdge Technologies, Inc. has a fifty-two week low of $28.21 and a fifty-two week high of $81.25. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.03 and a quick ratio of 1.38.

SolarEdge Technologies (NASDAQ:SEDG) last issued its earnings results on Wednesday, August 5th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.07. SolarEdge Technologies had a negative net margin of 20.29% and a negative return on equity of 29.17%. The business had revenue of $346.20 million during the quarter, compared to the consensus estimate of $341.15 million. During the same period last year, the business posted ($0.81) EPS. SolarEdge Technologies’s revenue was up 19.6% on a year-over-year basis. Sell-side analysts anticipate that SolarEdge Technologies, Inc. will post -1.23 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Citigroup lowered their target price on SolarEdge Technologies from $30.00 to $27.00 and set a “sell” rating on the stock in a research report on Thursday, May 7th. Royal Bank Of Canada decreased their price target on SolarEdge Technologies from $30.00 to $24.00 and set a “sector perform” rating for the company in a research note on Thursday, August 6th. Wells Fargo & Company assumed coverage on SolarEdge Technologies in a research report on Monday, June 29th. They set an “equal weight” rating and a $36.00 price target on the stock. Susquehanna dropped their price objective on SolarEdge Technologies from $56.00 to $38.00 and set a “neutral” rating on the stock in a research note on Thursday, August 6th. Finally, Glj Research reissued a “sell” rating on shares of SolarEdge Technologies in a report on Thursday, June 11th. One research analyst has rated the stock with a Buy rating, eleven have given a Hold rating and six have given a Sell rating to the company’s stock. According to data from MarketBeat, SolarEdge Technologies presently has a consensus rating of “Reduce” and a consensus target price of $36.20.

SolarEdge Technologies 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.