SolarEdge (SEDG) Releases Earnings Results

SolarEdge (SEDG) Releases Earnings Results

Vertical Group downgraded the shares of SEDG in report on Wednesday, May 2 to "Sell" rating. The shares were sold at an average price of $56.42, for a total value of $225,680.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. On Thursday, February 15 the stock of SolarEdge Technologies, Inc. The stock was sold at an average price of $44.33, for a total value of $1,551,550.00. JP Morgan maintained the shares of SEDG in report on Thursday, February 15 with "Overweight" rating. It serves approximately 1.9 million residential, commercial, industrial, agricultural, wholesale, and motor fuel clients in 50 states through approximately 1,900 propane distribution locations. SolarEdge Technologies has $6500 highest and $10 lowest target.

SolarEdge (NASDAQ:SEDG) last posted its quarterly earnings data on Wednesday, February 14th. The semiconductor company reported $0.80 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.51 by $0.29. Net profit margin of the company was recorded at 13.9 percent, operating profit margin was 15 percent, while gross profit margin stands at 35.4 percent.

Viewing some popular support and resistance marks on shares of Adtalem Global Education Inc. Wells Fargo & Company MN grew its position in shares of SolarEdge by 19.5% in the third quarter. Following the completion of the sale, the vice president now directly owns 8,333 shares of the company's stock, valued at $458,398.33. Thrivent Financial for Lutherans grew its stake in SolarEdge by 11.8% in the 1st quarter. When a company reports actual earnings numbers, the surprise factor can cause a stock price to realize increased activity. More interesting news about SolarEdge Technologies, Inc. First Trust Advisors LP grew its stake in shares of SolarEdge by 3.5% during the fourth quarter. The company's revenue was up 82.4% on a year-over-year basis. Finally, Rhumbline Advisers raised its holdings in shares of SolarEdge by 5.9% in the 1st quarter. Insiders have sold a total of 709,025 shares of company stock worth $35,328,687 over the last 90 days.

Several analysts recently commented on the company. On Thursday, February 15 the stock of SolarEdge Technologies, Inc. Finally, Needham & Company LLC increased their price objective on SolarEdge from $42.00 to $55.00 and gave the stock a "buy" rating in a research report on Thursday, February 15th. The firm now has a buy rating on the semiconductor company's stock. (NASDAQ:SEDG) news were published by: which released: "SolarEdge's (SEDG) CEO Guy Sella on Q1 2018 Results - Earnings Call Transcript" on May 10, 2018, also with their article: "5 Top-Ranked Stocks Shining Amid Market Turmoil" published on May 04, 2018, published: "Form 8-K SolarEdge Technologies For: May 09" on May 09, 2018. SEDG's previous rating by the firm was a Market Outperform. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. A upside potential of 8.11 % have this target price per share.

SEDG touched $55.5 during the last trading session after $0.65 change.SolarEdge Technologies, uptrending after having risen 268.00% since May 9, 2017. The company's products include UPS systems of a wide range of outputs and monitoring and control solutions for power systems.



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