Ormat Technologies Inc’s recently made public that its GC, CCO, and CS Woelfel Jessica unloaded Company’s shares for reported $29509.0 on Mar 18 ’25. In the deal valued at $72.15 per share,409 shares were sold. As a result of this transaction, Woelfel Jessica now holds 6,094 shares worth roughly $0.44 million.
Then, Granot David sold 1,666 shares, generating $114,954 in total proceeds. Upon selling the shares at $69.00, the Director now owns 1,910 shares.
Before that, Granot David bought 1,666 shares. Ormat Technologies Inc shares valued at $114,961 were divested by the Director at a price of $69.00 per share.
Robert W. Baird initiated its Ormat Technologies Inc [ORA] rating to a Neutral in a research note published on March 13, 2025; the price target was $81. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in mid February from “a Hold” to “a Buy”. Jefferies began covering ORA with “Hold” recommendation on January 10, 2025. Piper Sandler started covering the stock on December 19, 2024. It rated ORA as “a Neutral”.
Price Performance Review of ORA
On Friday, Ormat Technologies Inc [NYSE:ORA] saw its stock fall -0.53% to $71.64. Over the last five days, the stock has lost -0.29%. Ormat Technologies Inc shares have risen nearly 5.79% since the year began. Nevertheless, the stocks have risen 10.98% over the past one year. While a 52-week high of $84.30 was reached on 02/27/25, a 52-week low of $59.41 was recorded on 01/28/25. SMA at 50 days reached $67.29, while 200 days put it at $73.29.
Levels Of Support And Resistance For ORA Stock
The 24-hour chart illustrates a support level at 71.11, which if violated will result in even more drops to 70.58. On the upside, there is a resistance level at 72.11. A further resistance level may holdings at 72.58. The Relative Strength Index (RSI) on the 14-day chart is 59.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.54, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 31.77%. Stochastics %K at 71.37% indicates the stock is a holding.
How much short interest is there in Ormat Technologies Inc?
A steep rise in short interest was recorded in Ormat Technologies Inc stocks on 2025-02-28, growing by 0.22 million shares to a total of 2.86 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.63 million shares. There was a rise of 7.87%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on May 10, 2024 when TD Cowen resumed its ‘”a Hold”‘ rating for the stock and retained the price target to $76.
