Solaredge Technologies Inc’s recently made public 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 $4.99 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 $4.45 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 Northland Capital’s analysts, who decreased its forecast for the stock in mid May from “a Market perform” to “an Under perform”. Northland Capital also remained covering SEDG and has increased its forecast on April 25, 2025 with a “Market perform” recommendation from previously “an Under perform” rating. Morgan Stanley revised its rating on April 23, 2025. It rated SEDG as “an Underweight” which previously was an “an Equal-weight”.
Price Performance Review of SEDG
On Friday, Solaredge Technologies Inc [NASDAQ:SEDG] saw its stock jump 2.54% to $18.19. Over the last five days, the stock has gained 1.85%. Solaredge Technologies Inc shares have risen nearly 33.75% since the year began. Nevertheless, the stocks have fallen -61.60% over the past one year. While a 52-week high of $49.57 was reached on 02/19/25, a 52-week low of $10.24 was recorded on 04/11/25. SMA at 50 days reached $15.62, while 200 days put it at $16.50.
Levels Of Support And Resistance For SEDG Stock
The 24-hour chart illustrates a support level at 17.81, which if violated will result in even more drops to 17.42. On the upside, there is a resistance level at 18.47. A further resistance level may holdings at 18.74. The Relative Strength Index (RSI) on the 14-day chart is 54.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.05%. Stochastics %K at 41.54% indicates the stock is a holding.