New insider activity at SolarEdge Technologies ( (SEDG) ) has taken place on March 7, 2025.
Chairman of the Board, More Avery, has made a significant investment in SolarEdge Technologies by purchasing 30,000 shares of the company’s stock. This transaction is valued at $411,000, showcasing a strong vote of confidence in the company’s future prospects.
Recent Updates on SEDG stock
In recent developments for SolarEdge Technologies (SEDG), the company appointed Asaf Alperovitz as the new Chief Financial Officer, succeeding Ariel Porat who stepped down for personal reasons. This executive transition is expected to enhance the company’s financial strategy. Analysts have adjusted their price targets for SolarEdge, influenced by various factors. Mizuho raised its target due to higher margins and safe harbor revenues, despite competition concerns. Roth MKM increased its target following a mixed Q4 report and better-than-expected margins, though challenges in EU markets and competition from Tesla’s PowerWall remain. Wells Fargo also raised its target, citing a higher EBITDA forecast, but expressed caution due to weak residential-solar demand and uncertain recovery timing.
More about SolarEdge Technologies
YTD Price Performance: 5.34%
Average Trading Volume: 4,781,951
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $872.3M