JP Morgan Reaffirms SolarEdge Technologies (SEDG) As “Overweight”; Has Target Of $52; Nokomis Capital Increased Pdc Energy (PDCE) Position By $2.25 Million

February 15, 2018 - By Hazel Jackson

Nokomis Capital Llc increased Pdc Energy Inc (PDCE) stake by 17.28% reported in 2017Q3 SEC filing. Nokomis Capital Llc acquired 46,000 shares as Pdc Energy Inc (PDCE)’s stock declined 25.81%. The Nokomis Capital Llc holds 312,183 shares with $15.31M value, up from 266,183 last quarter. Pdc Energy Inc now has $3.31B valuation. The stock decreased 0.78% or $0.4 during the last trading session, reaching $50.69. About 115,394 shares traded. PDC Energy, Inc. (NASDAQ:PDCE) has declined 13.25% since February 15, 2017 and is downtrending. It has underperformed by 29.95% the S&P500.

Among 19 analysts covering SolarEdge Technologies (NASDAQ:SEDG), 14 have Buy rating, 4 Sell and 1 Hold. Therefore 74% are positive. SolarEdge Technologies has $60.0 highest and $10 lowest target. $34.25’s average target is -22.25% below currents $44.049 stock price. SolarEdge Technologies had 63 analyst reports since August 13, 2015 according to SRatingsIntel. The stock of SolarEdge Technologies, Inc. (NASDAQ:SEDG) has “Buy” rating given on Thursday, September 17 by Needham. On Wednesday, November 1 the stock rating was maintained by JP Morgan with “Overweight”. The stock has “Market Outperform” rating by Avondale on Friday, August 14. The stock of SolarEdge Technologies, Inc. (NASDAQ:SEDG) earned “Buy” rating by Roth Capital on Thursday, November 9. The company was initiated on Monday, April 4 by Barclays Capital. The stock of SolarEdge Technologies, Inc. (NASDAQ:SEDG) has “Buy” rating given on Thursday, November 9 by B. Riley & Co. JP Morgan initiated the stock with “Overweight” rating in Tuesday, February 23 report. The stock of SolarEdge Technologies, Inc. (NASDAQ:SEDG) earned “Buy” rating by Needham on Thursday, November 9. As per Thursday, February 15, the company rating was maintained by Needham. On Thursday, November 10 the stock rating was downgraded by Roth Capital to “Neutral”.

Among 28 analysts covering PDC Energy (NASDAQ:PDCE), 21 have Buy rating, 0 Sell and 7 Hold. Therefore 75% are positive. PDC Energy had 82 analyst reports since August 10, 2015 according to SRatingsIntel. Topeka Capital Markets maintained the stock with “Buy” rating in Tuesday, August 11 report. The firm earned “Outperform” rating on Friday, November 6 by RBC Capital Markets. As per Monday, September 25, the company rating was maintained by KeyBanc Capital Markets. Credit Suisse initiated PDC Energy, Inc. (NASDAQ:PDCE) on Monday, December 11 with “Hold” rating. As per Tuesday, August 11, the company rating was upgraded by KLR Group. On Wednesday, October 11 the stock rating was maintained by Barclays Capital with “Overweight”. Seaport Global downgraded it to “Hold” rating and $4600 target in Wednesday, June 21 report. The rating was downgraded by Cowen & Co on Tuesday, September 8 to “Market Perform”. The stock of PDC Energy, Inc. (NASDAQ:PDCE) has “Buy” rating given on Tuesday, November 7 by Stifel Nicolaus. The rating was downgraded by Credit Suisse on Friday, June 2 to “Neutral”.

Since October 16, 2017, it had 0 insider purchases, and 5 insider sales for $358,271 activity. SWOVELAND JEFFREY C sold 1,700 shares worth $94,911. 1,500 shares valued at $80,100 were sold by Lauck Lance on Wednesday, January 10. Another trade for 1,000 shares valued at $55,830 was made by REASONER SCOTT J on Tuesday, January 16. 1,500 shares were sold by BROOKMAN BARTON R JR, worth $77,790 on Thursday, February 1.

Investors sentiment increased to 1.6 in Q3 2017. Its up 0.55, from 1.05 in 2017Q2. It is positive, as 27 investors sold PDCE shares while 50 reduced holdings. 33 funds opened positions while 90 raised stakes. 64.04 million shares or 0.26% less from 64.21 million shares in 2017Q2 were reported. First Interstate Bancshares, Montana-based fund reported 2,640 shares. Magnetar Limited Co holds 0.01% or 4,931 shares in its portfolio. Legal General Gru Public Ltd Company invested in 0% or 133,336 shares. 316 were reported by Point72 Asia (Hong Kong) Limited. Moreover, Dimensional Fund Limited Partnership has 0.08% invested in PDC Energy, Inc. (NASDAQ:PDCE). Invesco Ltd accumulated 0% or 170,860 shares. Strs Ohio invested in 6,300 shares or 0% of the stock. Moreover, Public Employees Retirement Association Of Colorado has 0% invested in PDC Energy, Inc. (NASDAQ:PDCE) for 9,045 shares. Moreover, Cim Mangement has 0.23% invested in PDC Energy, Inc. (NASDAQ:PDCE). Lord Abbett & Ltd accumulated 28,000 shares. Voya Management Limited Liability Company invested 0.01% in PDC Energy, Inc. (NASDAQ:PDCE). Raymond James & Associates reported 29,938 shares. New York State Teachers Retirement System has invested 0.01% in PDC Energy, Inc. (NASDAQ:PDCE). Teachers Retirement Systems Of The State Of Kentucky has invested 0.03% in PDC Energy, Inc. (NASDAQ:PDCE). Parkside National Bank & has invested 0% of its portfolio in PDC Energy, Inc. (NASDAQ:PDCE).

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 $1.90 billion. The company??s DC optimized inverter systems include power optimizers, inverters, and cloud monitoring software. It has a 31.51 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.

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