Enlight Renewable Energy Ltd. (NASDAQ:ENLT – Get Free Report) Vice Chairman Yair Seroussi sold 14,372 shares of Enlight Renewable Energy stock in a transaction that occurred on Monday, May 25th. The stock was sold at an average price of $93.34, for a total value of $1,341,482.48. Following the sale, the insider directly owned 14,233 shares of the company’s stock, valued at approximately $1,328,508.22. The trade was a 50.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Yair Seroussi also recently made the following trade(s):
- On Friday, May 8th, Yair Seroussi sold 3,033 shares of Enlight Renewable Energy stock. The stock was sold at an average price of $89.04, for a total value of $270,058.32.
- On Thursday, May 7th, Yair Seroussi sold 22,505 shares of Enlight Renewable Energy stock. The shares were sold at an average price of $90.63, for a total value of $2,039,628.15.
Enlight Renewable Energy Price Performance
Shares of NASDAQ ENLT opened at $92.25 on Tuesday. The stock has a market capitalization of $10.94 billion, a PE ratio of 214.54, a P/E/G ratio of 33.42 and a beta of 1.51. The company has a debt-to-equity ratio of 1.68, a current ratio of 0.77 and a quick ratio of 0.77. The business has a fifty day moving average price of $80.59 and a two-hundred day moving average price of $61.89. Enlight Renewable Energy Ltd. has a fifty-two week low of $16.88 and a fifty-two week high of $96.00.
Institutional Investors Weigh In On Enlight Renewable Energy
A number of hedge funds and other institutional investors have recently bought and sold shares of ENLT. BNP Paribas Financial Markets grew its position in Enlight Renewable Energy by 256.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,225 shares of the company’s stock worth $28,000 after acquiring an additional 881 shares during the last quarter. State of Wyoming bought a new stake in Enlight Renewable Energy during the 1st quarter worth $41,000. V Square Quantitative Management LLC bought a new stake in shares of Enlight Renewable Energy in the 4th quarter valued at about $56,000. Walleye Capital LLC bought a new stake in shares of Enlight Renewable Energy in the 1st quarter valued at about $240,000. Finally, Savant Capital LLC bought a new stake in shares of Enlight Renewable Energy in the 4th quarter valued at about $241,000. Institutional investors own 38.89% of the company’s stock.
Analyst Ratings Changes
Several equities analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft set a $65.00 price objective on Enlight Renewable Energy and gave the company a “hold” rating in a report on Thursday, April 9th. Mizuho set a $37.00 price target on Enlight Renewable Energy in a research note on Monday, February 23rd. UBS Group lifted their price target on Enlight Renewable Energy from $93.00 to $105.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. JPMorgan Chase & Co. lifted their price target on Enlight Renewable Energy from $57.00 to $68.00 and gave the company an “underweight” rating in a research note on Wednesday, May 6th. Finally, Barclays reiterated an “overweight” rating on shares of Enlight Renewable Energy in a research note on Wednesday, February 18th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $60.17.
View Our Latest Research Report on Enlight Renewable Energy
About Enlight Renewable Energy
Enlight Renewable Energy Ltd. (NASDAQ:ENLT) is an independent power producer specializing in the development, financing, construction and operation of renewable energy assets. The company’s portfolio encompasses utility-scale solar photovoltaic (PV) farms, onshore wind farms and energy storage facilities. By providing end-to-end project management—from site identification and feasibility studies through engineering procurement and construction (EPC) to long-term operations and maintenance—Enlight seeks to deliver reliable clean power under long-term power purchase agreements (PPAs).
Founded in 2008 and headquartered in Tel Aviv, Enlight has pursued an international growth strategy with operational and development projects in Israel and Western Europe.
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