SolarEdge Technologies Form4 Filing Shows Director Avery More Bought 7,000 Shares At An Average Price Of $67.75/Share
Portfolio Pulse from Benzinga Newsdesk
SolarEdge Technologies Director Avery More purchased 7,000 shares at an average price of $67.75 per share, according to a Form 4 filing with the SEC.
March 04, 2024 | 5:54 pm
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POSITIVE IMPACT
Director Avery More's purchase of 7,000 shares at $67.75 each indicates strong insider confidence in SolarEdge Technologies.
Insider purchases, especially of this magnitude, are often viewed as a strong vote of confidence in the company's future prospects by those with intimate knowledge of its operations. This can lead to increased investor confidence and potentially drive up the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90