Solaredge Technologies Inc’s filing revealed that its Chairman of the Board AVERY MORE acquired Company’s shares for reported $0.41 million on Mar 04 ’25. In the deal valued at $13.70 per share,30,000 shares were bought. As a result of this transaction, AVERY MORE now holds 274,478 shares worth roughly $3.45 million.
Then, GANI MARCEL bought 20,000 shares, generating $228,648 in total proceeds. Upon buying the shares at $11.43, the Director now owns 53,035 shares.
Before that, AVERY MORE bought 156,000 shares. Solaredge Technologies Inc shares valued at $2,129,400 were divested by the Chairman of the Board at a price of $13.65 per share. As a result of the transaction, AVERY MORE now holds 244,478 shares, worth roughly $3.07 million.
Northland Capital upgraded its Solaredge Technologies Inc [SEDG] rating to a Market perform from a an Under perform in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in late April from “an Equal-weight” to “an Underweight”. Guggenheim also remained covering SEDG and has decreased its forecast on April 23, 2025 with a “Sell” recommendation from previously “Neutral” rating. Morgan Stanley revised its rating on February 20, 2025. It rated SEDG as “an Equal-weight” which previously was an “an Underweight”.
Price Performance Review of SEDG
On Friday, Solaredge Technologies Inc [NASDAQ:SEDG] saw its stock jump 7.21% to $12.56. Over the last five days, the stock has lost -0.63%. Solaredge Technologies Inc shares have fallen nearly -7.65% since the year began. Nevertheless, the stocks have fallen -77.88% over the past one year. While a 52-week high of $64.04 was reached on 02/19/25, a 52-week low of $10.24 was recorded on 04/11/25. SMA at 50 days reached $15.52, while 200 days put it at $17.81.
Levels Of Support And Resistance For SEDG Stock
The 24-hour chart illustrates a support level at 11.81, which if violated will result in even more drops to 11.07. On the upside, there is a resistance level at 12.94. A further resistance level may holdings at 13.33. The Relative Strength Index (RSI) on the 14-day chart is 43.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.61, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.38%. Stochastics %K at 23.80% indicates the stock is a holding.
How much short interest is there in Solaredge Technologies Inc?
A steep rise in short interest was recorded in Solaredge Technologies Inc stocks on 2025-04-15, dropping by -3.21 million shares to a total of 18.04 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 21.25 million shares. There was a decline of -17.78%, which implies that there is a negative sentiment for the stock.
