Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Ormat Technologies Inc shares valued at $11,964 were sold by Woelfel Jessica on Mar 24 ’25. At $71.64 per share, Woelfel Jessica sold 167 shares. The insider’s holdings dropped to 6,490 shares worth approximately $0.45 million following the completion of this transaction.
Also, Woelfel Jessica sold 409 shares, netting a total of over 29,509 in proceeds. Following the sale of shares at $72.15 each, the insider now holds 6,094 shares.
Before that, Granot David had sold 1,666 shares from its account. In a trade valued at $114,954, the Director traded Ormat Technologies Inc shares for $69.00 each. Upon closing the transaction, the insider’s holdings decreased to 1,666 shares, worth approximately $0.13 million.
As published in their initiating research note from Robert W. Baird on March 13, 2025, Ormat Technologies Inc [ORA] has been a Neutral and the price target has been revised to $81. Analysts at Jefferies upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in mid February. As of January 10, 2025, Jefferies has initiated its “Hold” rating for ORA. Earlier on December 19, 2024, Piper Sandler initiated its rating. Their recommendation was “a Neutral” for ORA stock.
Analyzing ORA Stock Performance
During the last five days, there has been a drop of approximately -2.58%. Over the course of the year, Ormat Technologies Inc shares have jumped approximately 2.55%. Shares of the company reached a 52-week high of $73.44 on 02/27/25 and a 52-week low of $61.58 on 01/28/25. A 50-day SMA is recorded $68.31, while a 200-day SMA reached $73.02.
Support And Resistance Levels for Ormat Technologies Inc (ORA)
According to the 24-hour chart, there is a support level at 65.88, which, if violated, would cause prices to drop to 62.30. In the upper region, resistance lies at 71.54. The next price resistance is at 73.62. RSI (Relative Strength Index) is 48.77 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.00, which suggests the price will decrease in the coming days. Percent R is at 38.89%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
