Solaredge Technologies Inc (NASDAQ:SEDG) VP Yoav Galin sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $37.74, for a total value of $566,100.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Yoav Galin also recently made the following trade(s):

  • On Monday, November 6th, Yoav Galin sold 6,700 shares of Solaredge Technologies stock. The shares were sold at an average price of $34.07, for a total value of $228,269.00.
  • On Wednesday, November 1st, Yoav Galin sold 10,000 shares of Solaredge Technologies stock. The shares were sold at an average price of $32.82, for a total value of $328,200.00.

Shares of Solaredge Technologies Inc (SEDG) opened at $37.90 on Friday. Solaredge Technologies Inc has a 12-month low of $12.25 and a 12-month high of $39.90. The company has a market capitalization of $1,650.00 and a P/E ratio of 22.83.

Institutional investors and hedge funds have recently modified their holdings of the stock. Sei Investments Co. increased its position in shares of Solaredge Technologies by 380.4% during the second quarter. Sei Investments Co. now owns 6,005 shares of the semiconductor company’s stock worth $120,000 after purchasing an additional 4,755 shares in the last quarter. American International Group Inc. purchased a new stake in shares of Solaredge Technologies during the third quarter worth approximately $123,000. Pinebridge Investments L.P. purchased a new stake in shares of Solaredge Technologies during the third quarter worth approximately $125,000. Globeflex Capital L P purchased a new stake in shares of Solaredge Technologies during the second quarter worth approximately $157,000. Finally, Piedmont Investment Advisors LLC purchased a new stake in shares of Solaredge Technologies during the third quarter worth approximately $220,000. Hedge funds and other institutional investors own 67.53% of the company’s stock.

A number of analysts have recently commented on SEDG shares. Needham & Company LLC boosted their price objective on Solaredge Technologies from $30.00 to $42.00 and gave the company a “buy” rating in a research report on Thursday, November 9th. B. Riley upgraded Solaredge Technologies from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $18.00 to $45.00 in a research report on Thursday, November 9th. Canaccord Genuity restated a “buy” rating and issued a $36.00 price objective (up from $30.00) on shares of Solaredge Technologies in a research report on Monday, November 6th. Roth Capital set a $30.00 price objective on Solaredge Technologies and gave the company a “buy” rating in a research report on Sunday, October 15th. Finally, BidaskClub cut Solaredge Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 2nd. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $34.19.

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Solaredge Technologies Company Profile

SolarEdge Technologies, Inc offers an inverter solution for a solar photovoltaic (PV) system. The Company’s products include SolarEdge Power Optimizer, SolarEdge Inverter, StorEdge Solutions and SolarEdge Monitoring Software. Its product roadmap consists of categories, including power optimizers, inverters, monitoring services, energy storage and smart energy management.

Insider Buying and Selling by Quarter for Solaredge Technologies (NASDAQ:SEDG)

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