Insider Selling: Ormat Technologies (NYSE:ORA) Director Sells 4,500 Shares of Stock

Posted by George Bondi on May 15th, 2026

Ormat Technologies, Inc. (NYSE:ORA – Get Free Report) Director Byron Wong sold 4,500 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $134.32, for a total value of $604,440.00. Following the sale, the director directly owned 5,925 shares in the company, valued at approximately $795,846. This represents a 43.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Ormat Technologies Stock Down 2.9%

Shares of NYSE ORA traded down $3.93 during mid-day trading on Friday, reaching $131.52. 1,551,006 shares of the company’s stock were exchanged, compared to its average volume of 867,439. The firm has a market capitalization of $8.08 billion, a price-to-earnings ratio of 63.84, a PEG ratio of 5.72 and a beta of 0.80. The company has a current ratio of 1.07, a quick ratio of 1.02 and a debt-to-equity ratio of 0.87. The business has a fifty day simple moving average of $113.25 and a 200 day simple moving average of $114.25. Ormat Technologies, Inc. has a twelve month low of $70.42 and a twelve month high of $138.51.

Ormat Technologies (NYSE:ORA – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The energy company reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.38. The company had revenue of $403.91 million for the quarter, compared to analyst estimates of $349.17 million. Ormat Technologies had a return on equity of 6.61% and a net margin of 10.97%.Ormat Technologies’s revenue was up 75.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.68 earnings per share. As a group, equities analysts expect that Ormat Technologies, Inc. will post 2.33 EPS for the current fiscal year.

Ormat Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 3rd. Investors of record on Wednesday, May 20th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Wednesday, May 20th. Ormat Technologies’s dividend payout ratio (DPR) is currently 23.30%.

Analyst Ratings Changes

ORA has been the topic of a number of recent research reports. TD Cowen dropped their target price on Ormat Technologies from $131.00 to $125.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. Roth Mkm reissued a “buy” rating and issued a $135.00 target price on shares of Ormat Technologies in a research report on Monday. Oppenheimer reissued an “outperform” rating and issued a $144.00 target price on shares of Ormat Technologies in a research report on Friday, May 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Ormat Technologies in a research report on Tuesday, April 21st. Finally, JPMorgan Chase & Co. lifted their target price on Ormat Technologies from $106.00 to $123.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Eight investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $131.64.

Get Our Latest Stock Report on ORA

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in ORA. Aster Capital Management DIFC Ltd acquired a new position in shares of Ormat Technologies during the 4th quarter worth approximately $26,000. Main Street Group LTD acquired a new position in shares of Ormat Technologies during the 1st quarter worth approximately $29,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Ormat Technologies during the 4th quarter worth approximately $31,000. Los Angeles Capital Management LLC acquired a new position in shares of Ormat Technologies during the 4th quarter worth approximately $32,000. Finally, Wolff Wiese Magana LLC acquired a new position in shares of Ormat Technologies during the 4th quarter worth approximately $33,000. Institutional investors and hedge funds own 95.49% of the company’s stock.

About Ormat Technologies

(Get Free Report)

Ormat Technologies, Inc is a leading renewable energy company specializing in geothermal and recovered energy power plants. Through its vertically integrated business model, Ormat designs, develops, engineers, constructs, owns and operates clean energy projects worldwide. The company’s core technology centers on the Organic Rankine Cycle (ORC), which converts heat from geothermal sources or industrial waste streams into sustainable electricity without combustion.

Ormat’s offering includes turnkey power plant solutions, proprietary ORC equipment and ongoing operations and maintenance services.