SolarEdge Technologies, Inc. (SEDG) Reaches $70.08 After 7.00% Up Move; Stellus Capital Investment (SCM) Covered By 3 Bullish Analysts Last Week

May 14, 2018 - By Richard Conner

SolarEdge Technologies, Inc. (NASDAQ:SEDG) Logo

Among 7 analysts covering Stellus Capital (NYSE:SCM), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Stellus Capital had 16 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Hold” rating by Keefe Bruyette & Woods given on Wednesday, May 31. The stock has “Hold” rating by Robert W. Baird on Friday, November 10. On Tuesday, March 6 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Sunday, July 23. The rating was downgraded by Robert W. Baird to “Neutral” on Thursday, July 14. On Thursday, February 2 the stock rating was initiated by Keefe Bruyette & Woods with “Mkt Perform”. Raymond James downgraded the stock to “Market Perform” rating in Thursday, August 11 report. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Friday, November 10. The stock of Stellus Capital Investment Corporation (NYSE:SCM) has “Buy” rating given on Friday, August 4 by Oppenheimer. The rating was reinitiated by Janney Capital on Wednesday, April 27 with “Neutral”. See Stellus Capital Investment Corporation (NYSE:SCM) latest ratings:

06/03/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $13.0 Maintain

The stock of SolarEdge Technologies, Inc. (NASDAQ:SEDG) is a huge mover today! The stock increased 8.99% or $5.7828 during the last trading session, reaching $70.0828. About 1.14M shares traded or 31.01% up from the average. SolarEdge Technologies, Inc. (NASDAQ:SEDG) has risen 268.00% since May 14, 2017 and is uptrending. It has outperformed by 256.45% the S&P500.The move comes after 8 months positive chart setup for the $3.15 billion company. It was reported on May, 14 by Barchart.com. We have $74.99 PT which if reached, will make NASDAQ:SEDG worth $220.78 million more.

Among 20 analysts covering SolarEdge Technologies (NASDAQ:SEDG), 14 have Buy rating, 4 Sell and 2 Hold. Therefore 70% are positive. SolarEdge Technologies has $7000 highest and $10 lowest target. $42.29’s average target is -39.66% below currents $70.0828 stock price. SolarEdge Technologies had 76 analyst reports since August 13, 2015 according to SRatingsIntel. FBR Capital downgraded the stock to “Mkt Perform” rating in Thursday, November 10 report. The stock of SolarEdge Technologies, Inc. (NASDAQ:SEDG) has “Overweight” rating given on Tuesday, February 23 by JP Morgan. On Thursday, September 3 the stock rating was initiated by Cowen & Co with “Outperform”. Deutsche Bank downgraded the stock to “Hold” rating in Monday, November 27 report. The firm has “Buy” rating given on Thursday, July 13 by Cowen & Co. Needham maintained it with “Buy” rating and $36 target in Tuesday, May 10 report. On Monday, February 26 the stock rating was maintained by Canaccord Genuity with “Buy”. The stock has “Buy” rating by Canaccord Genuity on Thursday, February 15. The firm has “Buy” rating by Canaccord Genuity given on Friday, July 28. As per Tuesday, November 22, the company rating was maintained by Barclays Capital.

SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, and sells direct current optimized inverter systems for solar photovoltaic (PV) installations in Israel, Europe, the United States, and internationally. The company has market cap of $3.15 billion. The companyÂ’s DC optimized inverter systems include power optimizers, inverters, and cloud monitoring software. It has a 37.88 P/E ratio. The Company’s products are used in a range of solar market divisions, including residential, commercial, and small utility-scale solar installations.

More notable recent SolarEdge Technologies, Inc. (NASDAQ:SEDG) news were published by: Seekingalpha.com which released: “SolarEdge Q1 2018: Becoming A Smart Energy Company” on May 14, 2018, also 247Wallst.com with their article: “SolarEdge Does It Again in Q1” published on May 10, 2018, Nasdaq.com published: “3 Stocks to Watch on Friday: Alphabet Inc (GOOG, GOOGL), Nektar Therapeutics (NKTR) and Solaredge Technologies …” on May 11, 2018. More interesting news about SolarEdge Technologies, Inc. (NASDAQ:SEDG) were released by: Seekingalpha.com and their article: “SolarEdge Technologies 2018 Q1 – Results – Earnings Call Slides” published on May 09, 2018 as well as Nasdaq.com‘s news article titled: “Why Solar Stocks Charged Higher Thursday” with publication date: May 11, 2018.

Investors sentiment decreased to 1.13 in Q4 2017. Its down 0.62, from 1.75 in 2017Q3. It fall, as 4 investors sold Stellus Capital Investment Corporation shares while 11 reduced holdings. 8 funds opened positions while 9 raised stakes. 4.35 million shares or 11.46% more from 3.90 million shares in 2017Q3 were reported. Savings Bank Of America De reported 4,835 shares or 0% of all its holdings. Lakeview Capital Prtnrs Llc invested 0.16% in Stellus Capital Investment Corporation (NYSE:SCM). Arrowstreet Limited Partnership invested in 0.01% or 215,896 shares. Pnc Ser Grp Inc Inc accumulated 23,000 shares. Janney Montgomery Scott Limited Liability owns 0% invested in Stellus Capital Investment Corporation (NYSE:SCM) for 13,286 shares. Moreover, Confluence Investment Mngmt Ltd Co has 0.13% invested in Stellus Capital Investment Corporation (NYSE:SCM). Boston Private Wealth Limited Com holds 0.01% or 20,000 shares in its portfolio. Oppenheimer & Inc holds 29,878 shares. Tower Cap (Trc) accumulated 2,422 shares. Axa has invested 0% in Stellus Capital Investment Corporation (NYSE:SCM). Qs Invsts Limited Liability Corp has invested 0% in Stellus Capital Investment Corporation (NYSE:SCM). Morgan Stanley reported 36,170 shares or 0% of all its holdings. Acadian Asset Mgmt Ltd Liability Corp reported 229,102 shares. Wells Fargo And Mn reported 64,137 shares. Royal Bank & Trust Of Canada has 0% invested in Stellus Capital Investment Corporation (NYSE:SCM).

Stellus Capital Investment Corporation is a business development firm specializing in investments in private middle-market companies. The company has market cap of $207.24 million. It invests through first lien, second lien, unitranche, and mezzanine debt financing, often with a corresponding equity investment. It has a 7.76 P/E ratio.

The stock increased 1.17% or $0.15 during the last trading session, reaching $12.99. About 32,586 shares traded. Stellus Capital Investment Corporation (NYSE:SCM) has declined 17.08% since May 14, 2017 and is downtrending. It has underperformed by 28.63% the S&P500.

Stellus Capital Investment Corporation (NYSE:SCM) Institutional Positions Chart

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