Lisa Haimovitz Sells 5,315 Shares of Enlight Renewable Energy (NASDAQ:ENLT) Stock

Key Points

  • Vice President Lisa Haimovitz sold 5,436 shares of Enlight Renewable Energy at an average price of $99.30, totaling about $539,795. After the sale, she still held 13,026 shares, a 29.44% reduction in her position.
  • This was part of a broader pattern of insider selling, as Haimovitz has also sold shares on multiple recent dates, and the article notes other insiders have also been selling. That has made some investors more cautious after ENLT’s strong share-price run.
  • ENLT shares have risen sharply, recently trading near their 52-week high of $104.55 and opening at $102.50, but the stock still carries mixed analyst sentiment with a consensus rating of “Hold” and a target price around $60.17.

Enlight Renewable Energy Ltd. (NASDAQ:ENLT - Get Free Report) VP Lisa Haimovitz sold 5,315 shares of Enlight Renewable Energy stock in a transaction on Monday, May 25th. The stock was sold at an average price of $93.84, for a total transaction of $498,759.60. Following the sale, the vice president directly owned 13,026 shares of the company's stock, valued at $1,222,359.84. This represents a 28.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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 transaction of $539,794.80.
  • On Thursday, May 14th, Lisa Haimovitz sold 335 shares of Enlight Renewable Energy stock. The shares were 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 shares were 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 shares were 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 shares were sold at an average price of $92.75, for a total transaction of $68,356.75.

Enlight Renewable Energy Price Performance




Shares of Enlight Renewable Energy stock opened at $102.50 on Thursday. Enlight Renewable Energy Ltd. has a 52-week low of $18.22 and a 52-week high of $104.55. The stock has a market capitalization of $12.15 billion, a price-to-earnings ratio of 238.38, a price-to-earnings-growth ratio of 37.52 and a beta of 1.51. The company has a fifty day moving average of $81.80 and a 200-day moving average of $62.85. The company has a debt-to-equity ratio of 1.68, a quick ratio of 0.77 and a current ratio of 0.77.

Enlight Renewable Energy (NASDAQ:ENLT - Get Free Report) last announced its quarterly earnings data on Tuesday, March 31st. The company reported $0.16 earnings per share (EPS) for the quarter. Enlight Renewable Energy had a net margin of 9.47% and a return on equity of 2.48%. The company had revenue of $156.49 million during the quarter. Equities research analysts expect that Enlight Renewable Energy Ltd. will post 0.29 EPS for the current year.

Key Stories Impacting Enlight Renewable Energy

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

  • Positive Sentiment: Enlight signed a 200 MW AC solar power purchase agreement with Google to support data center operations in Oklahoma. The deal expands Enlight’s U.S. commercial footprint and suggests growing demand for its renewable energy projects. Article Title
  • Neutral Sentiment: The company’s stock has also been the subject of bullish commentary, with one report noting the shares rose sharply on the Google deal while warning the valuation looks stretched relative to GF Value. Article Title
  • Negative Sentiment: Multiple insiders sold shares, including Vice Chairman Yair Seroussi, Director Shai Yeshayahu Weil, VP Lisa Haimovitz, and insider Amit Paz. Large insider sales can make investors cautious, especially after a strong run in the share price. Article Title

Hedge Funds Weigh In On Enlight Renewable Energy

Several hedge funds have recently made changes to their positions in ENLT. BNP Paribas Financial Markets increased its stake in shares of Enlight Renewable Energy by 256.1% during the second quarter. BNP Paribas Financial Markets now owns 1,225 shares of the company's stock valued at $28,000 after buying an additional 881 shares during the period. State of Wyoming purchased a new position in shares of Enlight Renewable Energy during the first quarter valued at approximately $41,000. V Square Quantitative Management LLC purchased a new position in shares of Enlight Renewable Energy during the fourth quarter valued at approximately $56,000. Walleye Capital LLC purchased a new position in shares of Enlight Renewable Energy during the first quarter valued at approximately $240,000. Finally, Savant Capital LLC purchased a new position in shares of Enlight Renewable Energy during the fourth quarter valued at approximately $241,000. 38.89% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on ENLT. UBS Group raised their target price on shares of Enlight Renewable Energy from $93.00 to $105.00 and gave the stock a "buy" rating in a report on Wednesday, May 6th. Barclays restated an "overweight" rating on shares of Enlight Renewable Energy in a report on Wednesday, February 18th. Mizuho set a $37.00 target price on shares of Enlight Renewable Energy in a report on Monday, February 23rd. Weiss Ratings restated a "hold (c)" rating on shares of Enlight Renewable Energy in a report on Friday, March 27th. Finally, JPMorgan Chase & Co. boosted their price target on Enlight Renewable Energy from $57.00 to $68.00 and gave the company an "underweight" rating in a report on Wednesday, May 6th. 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, Enlight Renewable Energy presently has an average rating of "Hold" and a consensus price target of $60.17.

Check Out Our Latest Stock Analysis 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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