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L’Echiquier’s Financiere SolarEdge Technologies, Inc. is worth $7.87 million in stock (NASDAQ:SEDG)

L’Echiquier’s Financiere SolarEdge Technologies, Inc. is worth $7.87 million in stock (NASDAQ:SEDG)

According to the most recent 13F filing that SolarEdge Technologies, Inc. made with the SEC, during the third quarter of 2018, LA Financiere de L’Echiquier reduced its holdings in the company by 26.1%. SolarEdge Technologies’ stock is traded under the ticker symbol SEDG. The corporation ended the quarter with 34,000 shares of the semiconductor company’s stock, having sold 12,000 shares during the period. La Financiere de L’Echiquier held shares in SolarEdge Technologies with a total value of $7,870,000 at the end of the most recent fiscal quarter. This value is equivalent to approximately 0.06% of the company.

Other institutional investors have adjusted the percentage of SEDG shares they hold in their portfolios. These adjustments were made recently. Robeco Schweiz AG invested approximately $94,454,000 in SolarEdge Technologies during the first three months of 2018. This was done to expand the company’s holdings. In the first three months of 2018, Clearbridge Investments LLC saw a growth of 120.4% in the proportion of SolarEdge Technologies it owned. Clearbridge Investments LLC now holds 476,378 shares of the semiconductor company’s stock, currently valued at $153,575,000. This is a result of the company’s acquisition of 262,203 shares during the period in question. Baird Financial Group Inc. increased the amount of SolarEdge Technologies stock owned by 124.5% over the second quarter of the fiscal year. After making an additional purchase of 115,372 shares during the relevant period, Baird Financial Group Inc. now has 208,066 shares of the semiconductor company’s stock, which have a value of $56,943,000. This is because the company made an additional purchase during this period. Pictet Asset Management SA increased the amount of SolarEdge Technologies stock held by 7.0% during the year’s second quarter. Pictet Asset Management SA now has 1,743,403 stock held by the semiconductor business due to the recent purchase of an additional 113,705 shares during the quarter. The total value of these shares comes to approximately 477,135,000 dollars. During the second quarter of this year, Handelsbanken Fonder AB increased the amount of SolarEdge Technologies stock owned by 34.4%. This was done so that it could compete with other investors. As a result of the acquisition of an additional 100,024 shares during the relevant period, Handelsbanken Fonder AB now holds a total of 390,710 shares of the stock held by the semiconductor company. The value of these shares is equal to a total of $106,930,000. Hedge funds and other institutional investors hold the company’s stock to the tune of 80.01 percent collectively.

During the trading session on Tuesday, NASDAQ: SEDG reached a high of $323.39, representing an increase of $8.37. A total of 12,357 firm shares were traded, which is a significantly lower number than the average volume of 722,107 shares traded by the company. The company’s market capitalization is currently sitting at $18.08 billion. It has a price-to-earnings ratio of 155.18, a price-to-earnings-to-growth ratio of 1.31, and a beta of 1.28. The stock is trading at $299.44, which is higher than the 50-day and the 200-day moving averages, which are currently sitting at $281.27 and $299.44, respectively. SolarEdge Technologies, Inc. hit a low of $190.15 during the past 52 weeks, while the company’s stock reached a high of $375.90 during the same period. However, the relevant values for these metrics are 3.53, 2.72, and 2.72, respectively. The debt-to-equity ratio, current ratio, and quick ratio all equal 0.33.

On November 7th, the most recent earnings report for SolarEdge Technologies was released to the public. SolarEdge Technologies’ stock is traded on the NASDAQ under the ticker symbol SEDG. The earnings per share that the semiconductor company reported for the quarter were $0.31, which was $0.86 less than the consensus estimate of $1.17. The total revenue for the company during the quarter was $836.72 million, which is significantly higher than the forecasted amount of revenue, which was $825.69 million. As evidenced by their 5.75% return on equity and 4.11% net margin, SolarEdge Technologies had a successful performance. SolarEdge Technologies, Inc.’s profits per share are expected to come in at $2.96 for the current fiscal year, according to the projections of experts in equity research.

Meir Adest, vice president of SolarEdge Technologies, sold 2,500 shares of the company’s stock on November 17th. Another bit of information about SolarEdge Technologies has been recently discovered. The sale of the shares resulted in total revenue of $750,725.00, with an average price of $300.29 for each purchased share. After the deal’s completion, the company’s vice president is now the owner of 154,748 shares. The total value of these shares is $46,469,276.92. Should you follow this link, you will be taken to the SEC filing in which the transaction was discussed in greater detail. Corporate insiders were responsible for selling 7,500 shares of the company’s stock over the preceding three months, resulting in a profit of s been recently discovered profit. The sale of the shares resulted in total revenue of $750,725.00, with an average price of $300.29 for each purchased share. After the deal’s completion, the company’s vice president is now the owner of 154,748 shares. The total value of these shares is $46,469,276.92. Should you follow this link, you will be taken to the SEC filing in which the transaction was discussed in greater detail. Corporate insiders were responsible for selling 7,500 shares of the company’s stock over the preceding three months, resulting in a profit of $2,102,625 overall. 1.17 company insiders own percent of the total shares currently outstanding.

Recent scholarly articles have focused on SEDG as a research topic for their discussions. On November 8th, a Tuesday, the rating for SolarEdge Technologies was changed at Northland Securities from “underperform” to “market perform.” Needham & Company LLC assigned the stock a “buy” rating and reduced their price target on SolarEdge Technologies from $380.00 to $370.00 in a research report released on Tuesday, November 8th. The report was published with the company’s announcement to make the stock available to the public. A recommendation to “buy” the company was included in the research as well. In a report published on December 22nd, Piper Sandler increased their price objective on SolarEdge Technologies shares from $325.00 to $390.00 and upgraded the company’s rating from “underweight” to “overweight.” In a report made public on Tuesday, Deutsche Bank Aktiengesellschaft increased their price target for SolarEdge Technologies from $260.00 to $345.00. Additionally, they changed their rating for the company from “hold

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