Enlight Renewable Energy (NASDAQ:ENLT) VP Lisa Haimovitz Sells 2,807 Shares

Enlight Renewable Energy Ltd. (NASDAQ:ENLTGet Free Report) VP Lisa Haimovitz sold 2,807 shares of Enlight Renewable Energy stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $103.75, for a total value of $291,226.25. Following the completion of the transaction, the vice president owned 13,026 shares of the company’s stock, valued at approximately $1,351,447.50. This represents a 17.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Lisa Haimovitz also recently made the following trade(s):

  • On Tuesday, May 26th, Lisa Haimovitz sold 5,436 shares of Enlight Renewable Energy stock. The shares were sold at an average price of $99.30, for a total value of $539,794.80.
  • On Monday, May 25th, Lisa Haimovitz sold 5,315 shares of Enlight Renewable Energy stock. The stock was sold at an average price of $93.84, for a total transaction of $498,759.60.
  • On Thursday, May 14th, Lisa Haimovitz sold 335 shares of Enlight Renewable Energy stock. The stock was sold at an average price of $92.39, for a total transaction of $30,950.65.
  • On Tuesday, May 12th, Lisa Haimovitz sold 3,883 shares of Enlight Renewable Energy stock. The stock was sold at an average price of $92.67, for a total transaction of $359,837.61.
  • On Wednesday, May 13th, Lisa Haimovitz sold 620 shares of Enlight Renewable Energy stock. The stock was sold at an average price of $93.84, for a total transaction of $58,180.80.
  • On Thursday, May 7th, Lisa Haimovitz sold 737 shares of Enlight Renewable Energy stock. The stock was sold at an average price of $92.75, for a total transaction of $68,356.75.

Enlight Renewable Energy Stock Up 0.2%

ENLT stock opened at $102.70 on Friday. The stock has a market capitalization of $12.18 billion, a P/E ratio of 238.84, a P/E/G ratio of 37.13 and a beta of 1.51. The firm has a 50-day simple moving average of $82.36 and a 200-day simple moving average of $63.33. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 1.68. Enlight Renewable Energy Ltd. has a 52 week low of $18.22 and a 52 week high of $106.47.

Enlight Renewable Energy (NASDAQ:ENLTGet Free Report) last released its earnings results on Tuesday, March 31st. The company reported $0.16 EPS for the quarter. The business had revenue of $156.49 million during the quarter. Enlight Renewable Energy had a net margin of 9.47% and a return on equity of 2.48%. Equities analysts forecast that Enlight Renewable Energy Ltd. will post 0.29 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Enlight Renewable Energy

Several hedge funds and other institutional investors have recently modified their holdings of ENLT. Public Employees Retirement System of Ohio grew its stake in shares of Enlight Renewable Energy by 0.3% in the 1st quarter. Public Employees Retirement System of Ohio now owns 48,095 shares of the company’s stock valued at $3,185,000 after buying an additional 127 shares during the period. Quantinno Capital Management LP grew its stake in shares of Enlight Renewable Energy by 2.7% in the 1st quarter. Quantinno Capital Management LP now owns 6,506 shares of the company’s stock valued at $435,000 after buying an additional 170 shares during the period. Advisors Asset Management Inc. grew its stake in shares of Enlight Renewable Energy by 0.9% in the 4th quarter. Advisors Asset Management Inc. now owns 26,865 shares of the company’s stock valued at $1,221,000 after buying an additional 251 shares during the period. Mariner LLC grew its stake in shares of Enlight Renewable Energy by 4.1% in the 3rd quarter. Mariner LLC now owns 10,070 shares of the company’s stock valued at $314,000 after buying an additional 396 shares during the period. Finally, State of Wyoming purchased a new stake in shares of Enlight Renewable Energy in the 1st quarter valued at approximately $41,000. 38.89% of the stock is owned by hedge funds and other institutional investors.

Key Enlight Renewable Energy News

Here are the key news stories impacting Enlight Renewable Energy this week:

  • Positive Sentiment: Enlight’s Google solar PPA adds a high-profile customer, expands its U.S. commercial presence, and reinforces revenue visibility from long-term clean energy contracts. Article Title
  • Positive Sentiment: Analysts have raised price targets recently, with UBS lifting its target to $105 and keeping a buy rating, which may be helping sentiment around the stock’s strong run. Article Title
  • Neutral Sentiment: Hedge funds and other institutions remain active in the name, with several recent stake additions indicating continued interest from professional investors. Article Title
  • Negative Sentiment: Multiple insiders have sold shares over the past several days, including SVP Meron Carr, Director Yitzhak Betzalel, insider Ilan Goren, and VP Lisa Haimovitz. Heavy insider selling can make some investors cautious after the stock’s sharp rally. Article Title

Wall Street Analyst Weigh In

A number of analysts have recently commented on ENLT shares. UBS Group boosted their target price on shares of Enlight Renewable Energy from $93.00 to $105.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Mizuho set a $37.00 target price on shares of Enlight Renewable Energy in a research note on Monday, February 23rd. JPMorgan Chase & Co. raised their price target on shares of Enlight Renewable Energy from $57.00 to $68.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 6th. Barclays reissued an “overweight” rating on shares of Enlight Renewable Energy in a research note on Wednesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft set a $65.00 price target on shares of Enlight Renewable Energy and gave the stock a “hold” rating in a research note on Thursday, April 9th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $60.17.

Check Out Our Latest Research Report on ENLT

Enlight Renewable Energy Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Enlight Renewable Energy (NASDAQ:ENLT)

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