Ormat Technologies Inc’s recently made public that its Director Marom Michal unloaded Company’s shares for reported $65758.0 on May 29 ’25. In the deal valued at $73.47 per share,895 shares were sold. As a result of this transaction, Marom Michal now holds 3,080 shares worth roughly $0.25 million.
Then, MICHAL MAROM bought 895 shares, generating $65,758 in total proceeds.
Before that, SHARIR DAFNA sold 876 shares. Ormat Technologies Inc shares valued at $65,700 were divested by the Director at a price of $75.00 per share. As a result of the transaction, SHARIR DAFNA now holds 4,438 shares, worth roughly $0.36 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 Tuesday, Ormat Technologies Inc [NYSE:ORA] saw its stock jump 0.10% to $80.12. Over the last five days, the stock has gained 1.42%. Ormat Technologies Inc shares have risen nearly 18.31% since the year began. Nevertheless, the stocks have risen 7.39% over the past one year. While a 52-week high of $84.30 was reached on 06/17/25, 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 79.19, which if violated will result in even more drops to 78.26. On the upside, there is a resistance level at 81.06. A further resistance level may holdings at 81.99.
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.
