SolarEdge Technologies, Inc. $SEDG Shares Purchased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in SolarEdge Technologies, Inc. (NASDAQ:SEDG) by 18.0% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 181,405 shares of the semiconductor company’s stock after buying an additional 27,685 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in SolarEdge Technologies were worth $10,601,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of SEDG. Allworth Financial LP purchased a new position in SolarEdge Technologies during the second quarter worth $31,000. State of Wyoming purchased a new stake in shares of SolarEdge Technologies in the fourth quarter valued at $27,000. Kestra Advisory Services LLC purchased a new stake in shares of SolarEdge Technologies in the fourth quarter valued at $31,000. Public Employees Retirement System of Ohio acquired a new stake in shares of SolarEdge Technologies during the second quarter valued at $72,000. Finally, Altshuler Shaham Ltd purchased a new stake in SolarEdge Technologies during the 4th quarter worth about $36,000. Institutional investors and hedge funds own 95.10% of the company’s stock.

SolarEdge Technologies Stock Performance

NASDAQ SEDG opened at $34.20 on Monday. The business’s 50-day moving average price is $41.77 and its 200 day moving average price is $46.42. The company has a current ratio of 2.03, a quick ratio of 1.38 and a debt-to-equity ratio of 0.85. SolarEdge Technologies, Inc. has a twelve month low of $28.21 and a twelve month high of $81.25. The company has a market capitalization of $2.10 billion, a PE ratio of -7.60 and a beta of 1.44.

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

Analyst Upgrades and Downgrades

SEDG has been the topic of a number of recent research reports. Weiss Ratings upgraded shares of SolarEdge Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, August 21st. Royal Bank Of Canada lowered their price target on shares of SolarEdge Technologies from $30.00 to $24.00 and set a “sector perform” rating for the company in a report on Thursday, August 6th. Susquehanna cut their price objective on shares of SolarEdge Technologies from $56.00 to $38.00 and set a “neutral” rating for the company in a research report on Thursday, August 6th. The Goldman Sachs Group reduced their price objective on shares of SolarEdge Technologies from $34.00 to $30.00 and set a “sell” rating on the stock in a research note on Thursday, August 6th. Finally, Wells Fargo & Company assumed coverage on shares of SolarEdge Technologies in a research report on Monday, June 29th. They set an “equal weight” rating and a $36.00 target price on the stock. Two equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat, SolarEdge Technologies presently has an average rating of “Reduce” and a consensus price target of $38.36.

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.