Director Gani Marcel buys 20,000 shares of SEDG for $228,648.00 across 2 transactions, raising stake to 53.0K shares
Gani Marcel purchased 20,000 shares through 2 transactions on 2024-11-13 at prices of $11.37 and $12.15, increasing his holdings by 60.5% to 53.0K shares. The purchase occurs at a significant discount to the stock's 52-week high of $102.24 — current price of $12.83 is -87.4% from that peak and down -29.5% over the past 30 days. His prior buy at SEDG on 2023-11-09 showed a 90-day positive return of +3.7%, and his cross-ticker track record shows 1 prior buy with an average 90-day return of +3.7% and a 100% win rate, indicating some historical accuracy in timing. The company reported a $-1.2B net loss on $260.9M quarterly revenue, with annual revenue declining -4.3%, creating a fundamental backdrop of distress that contextualizes this director-level purchase decision.