Today, a Director at SolarEdge Technologies (SEDG), More Avery, sold shares of SEDG for $210.8K.
Following More Avery’s last SEDG Sell transaction on February 28, 2018, the stock climbed by 5.2%.
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Based on SolarEdge Technologies’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $272 million and quarterly net profit of $19.02 million. In comparison, last year the company earned revenue of $210 million and had a net profit of $35.69 million. SEDG’s market cap is $2.63B and the company has a P/E ratio of 23.78. Currently, SolarEdge Technologies has an average volume of 638.3K.
Based on 6 analyst ratings, the analyst consensus is Strong Buy with an average price target of $62.17, reflecting a 13.6% upside.
More Avery’s trades have generated a -68.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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SolarEdge Technologies, Inc. engages in the operation of inverter solution for the harvesting and managing of photovoltaic solar power. The company’s products include power optimizer, inverter and monitoring portal. It offers residential solutions, commercial solutions, and grid services.
