This morning we watched SolarEdge Technologies drop -9.6% to a price of $279.67 per share. The large-cap Semiconductors company is now trading -24.06% below its average target price of $368.27. Analysts have set target prices ranging from $305.0 to $452.0 per share for SolarEdge Technologies, and have given the stock an average rating of buy.
SolarEdge Technologies has an average level of shares sold short, at 5.1% of its total share float. The stock's short ratio (also called days to cover) is 2.53. The company's insiders own 0.58% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Institutional investors own 92.3% of SolarEdge Technologies's shares, which indicates they have a high level of confidence in the company.
Institutions Invested in SolarEdge Technologies
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2022-12-31 | Blackrock Inc. | 9% | 5,094,447 | $1,424,764,060 |
| 2022-12-31 | Vanguard Group, Inc. (The) | 4% | 2,293,391 | $641,392,691 |
| 2022-12-31 | State Street Corporation | 4% | 2,017,126 | $564,129,655 |
| 2022-12-31 | JP Morgan Chase & Company | 3% | 1,770,619 | $495,189,039 |
| 2022-12-31 | Invesco Ltd. | 3% | 1,430,954 | $400,194,924 |
| 2022-12-31 | Pictet Asset Management SA | 2% | 1,313,436 | $367,328,663 |
| 2022-12-31 | Schroder Investment Management Group | 2% | 1,239,407 | $346,624,972 |
| 2022-12-31 | FMR, LLC | 2% | 1,009,052 | $282,201,586 |
| 2022-12-31 | Geode Capital Management, LLC | 2% | 962,406 | $269,156,098 |
| 2022-12-31 | Wellington Management Group, LLP | 1% | 771,168 | $215,672,564 |
