In a filing, Ormat Technologies Inc revealed its Director Wong Byron G. unloaded Company’s shares for reported $38658.0 on Jun 27 ’25. In the deal valued at $84.04 per share,460 shares were sold. As a result of this transaction, Wong Byron G. now holds 8,659 shares worth roughly $0.75 million.
Then, BYRON G WONG bought 460 shares, generating $38,658 in total proceeds.
Before that, Benyosef Ofer sold 8,548 shares. Ormat Technologies Inc shares valued at $737,778 were divested by the EVP – Energy Storage & BD at a price of $86.31 per share. As a result of the transaction, Benyosef Ofer now holds 1,621 shares, worth roughly $0.14 million.
Barclays upgraded its Ormat Technologies Inc [ORA] rating to an Overweight from a an Equal weight in a research note published recently. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who began to cover the stock in mid March with a ‘”a Neutral”‘ rating. Jefferies also remained covering ORA and has increased its forecast on February 20, 2025 with a “Buy” recommendation from previously “Hold” rating. Jefferies started covering the stock on January 10, 2025. It rated ORA as “a Hold”.
Price Performance Review of ORA
On Monday, Ormat Technologies Inc [NYSE:ORA] saw its stock fall -0.76% to $87.04. Over the last five days, the stock has gained 3.43%. Ormat Technologies Inc shares have risen nearly 25.64% since the year began. Nevertheless, the stocks have risen 28.53% over the past one year. While a 52-week high of $87.85 was reached on 07/07/25, a 52-week low of $61.58 was recorded on 01/28/25.
Levels Of Support And Resistance For ORA Stock
The 24-hour chart illustrates a support level at 86.37, which if violated will result in even more drops to 85.70. On the upside, there is a resistance level at 88.00. A further resistance level may holdings at 88.97.
How much short interest is there in Ormat Technologies Inc?
A steep rise in short interest was recorded in Ormat Technologies Inc stocks on 2025-06-13, growing by 0.19 million shares to a total of 2.83 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 2.63 million shares. There was a rise of 6.86%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 19, 2024 when Piper Sandler began covering the stock and recommended ‘”a Neutral”‘ rating along with a $78 price target.
