Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Solaredge Technologies Inc shares valued at $228,648 were purchased by GANI MARCEL on Nov 13 ’24. At $11.43 per share, GANI MARCEL acquired 20,000 shares. The insider’s holdings grew to 53,035 shares worth approximately $0.98 million following the completion of this transaction.
Also, AVERY MORE purchased 156,000 shares, netting a total of over 2,129,400 in proceeds. Following the buying of shares at $13.65 each, the insider now holds 244,478 shares.
Before that, AVERY MORE had added 7,000 shares to its account. In a trade valued at $474,250, the Director bought Solaredge Technologies Inc shares for $67.75 each. Upon closing the transaction, the insider’s holdings increased to 7,000 shares, worth approximately $1.44 million.
As published in a research note from Morgan Stanley on February 20, 2025, Solaredge Technologies Inc [SEDG] has been rated up from an Underweight to an Equal-weight and the price target has been revised to $18 from $11. Analysts at Northland Capital downgraded the stock from ‘”a Market perform”‘ to ‘”an Under perform”‘ outlook in a report released in mid February. As of February 20, 2025, BMO Capital Markets has decreased its “Market perform” rating to a “an Underperform” for SEDG. Earlier on January 08, 2025, Citigroup downgraded its rating. Their new recommendation was “a Sell” for SEDG stock which previously was a “a Neutral”.
Analyzing SEDG Stock Performance
During the last five days, there has been a drop of approximately -5.55%. Over the course of the year, Solaredge Technologies Inc shares have jumped approximately 36.32%. Shares of the company reached a 52-week high of $23.77 on 02/19/25 and a 52-week low of $12.33 on 02/03/25. A 50-day SMA is recorded $14.76, while a 200-day SMA reached $23.18. Nevertheless, trading volume fell to 3.86 million shares from 3.99 million shares the previous day.
Support And Resistance Levels for Solaredge Technologies Inc (SEDG)
According to the 24-hour chart, there is a support level at 17.96, which, if violated, would cause prices to drop to 17.38. In the upper region, resistance lies at 19.63. The next price resistance is at 20.71. RSI (Relative Strength Index) is 64.01 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.20, which suggests the price will increase in the coming days. Percent R is at 48.33%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
