The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Ormat Technologies Inc shares valued at $65,758 were sold by Marom Michal on May 29 ’25. At $73.47 per share, Marom Michal sold 895 shares. The insider’s holdings dropped to 3,080 shares worth approximately $0.25 million following the completion of this transaction.
Also, MICHAL MAROM purchased 895 shares, netting a total of over 65,758 in proceeds.
Before that, SHARIR DAFNA had sold 876 shares from its account. In a trade valued at $65,700, the Director traded Ormat Technologies Inc shares for $75.00 each. Upon closing the transaction, the insider’s holdings decreased to 876 shares, worth approximately $0.35 million.
As published in a research note from Barclays on June 06, 2025, Ormat Technologies Inc [ORA] has been rated up from an Equal weight to an Overweight. Analysts at Robert W. Baird started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid March. As of February 20, 2025, Jefferies has increased its “Hold” rating to a “Buy” for ORA. Earlier on January 10, 2025, Jefferies initiated its rating. Their recommendation was “a Hold” for ORA stock.
Analyzing ORA Stock Performance
During the last five days, there has been a surge of approximately 7.41%. Over the course of the year, Ormat Technologies Inc shares have jumped approximately 17.69%. Shares of the company reached a 52-week high of $80.18 on 06/11/25 and a 52-week low of $61.58 on 01/28/25.
Support And Resistance Levels for Ormat Technologies Inc (ORA)
According to the 24-hour chart, there is a support level at 79.21, which, if violated, would cause prices to drop to 78.71. In the upper region, resistance lies at 80.19. The next price resistance is at 80.68. RSI (Relative Strength Index) is 70.76 on the 14-day chart, showing overbought technical sentiment.
