In Wednesday’s Wall Street session, Solaredge Technologies Inc (NASDAQ:SEDG) shares traded at $16.98, up 6.39% from the previous session.
SEDG stock price is now 3.83% away from the 50-day moving average and 4.44% away from the 200-day moving average. The market capitalization of the company currently stands at $1.00B.
With the price target maintained at $16, KeyBanc Capital Markets recently Downgraded its rating from Sector Weight to Underweight for Solaredge Technologies Inc (NASDAQ: SEDG). On May 23, 2025, Northland Capital Upgraded its previous ‘Under Perform’ rating to ‘Market Perform’ on the stock keeping its target price maintained at $15.50, while the Northland Capital previously rated the stock as ‘Under Perform’ on May 16, 2025.
In other news, AVERY MORE, Chairman of the Board bought 30,000 shares of the company’s stock on Mar 04 ’25. The stock was bought for $411,000 at an average price of $13.70. Upon completion of the transaction, the Chairman of the Board now directly owns 274,478 shares in the company, valued at $4.66 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 13 ’24, Director GANI MARCEL bought 20,000 shares of the business’s stock. A total of $228,648 was incurred on buying the stock at an average price of $11.43. This leaves the insider owning 53,035 shares of the company worth $0.9 million. A total of 2.48% of the company’s stock is owned by insiders.
During the past 12 months, Solaredge Technologies Inc has had a low of $10.24 and a high of $38.48. As of last week, the company has a debt-to-equity ratio of 1.28, a current ratio of 2.04, and a quick ratio of 1.39. The fifty day moving average price for SEDG is $16.3536 and a two-hundred day moving average price translates $16.2574 for the stock.
The latest earnings results from Solaredge Technologies Inc (NASDAQ: SEDG) was released for 2025-03-31. The net profit margin was -182.81% and return on equity was -121.50% for SEDG. The company reported revenue of $219.48 million for the quarter, compared to $204.4 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.38 percent.
