David Granot Sells 1,753 Shares of Ormat Technologies (NYSE:ORA) Stock

21 May 2026, 21:16 by Doug Wharley · The Cerbat Gem

Ormat Technologies, Inc. (NYSE:ORA – Get Free Report) Director David Granot sold 1,753 shares of Ormat Technologies stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $132.70, for a total value of $232,623.10. Following the sale, the director owned 1,766 shares in the company, valued at $234,348.20. This represents a 49.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

David Granot also recently made the following trade(s):

On Thursday, May 21st, David Granot sold 1,766 shares of Ormat Technologies stock. The stock was sold at an average price of $134.43, for a total value of $237,403.38.

Ormat Technologies Stock Up 1.5%

ORA stock traded up $1.95 during midday trading on Thursday, hitting $133.73. 543,646 shares of the company’s stock were exchanged, compared to its average volume of 1,073,189. The company has a current ratio of 1.07, a quick ratio of 1.02 and a debt-to-equity ratio of 0.87. Ormat Technologies, Inc. has a 12-month low of $70.42 and a 12-month high of $138.51. The firm has a 50 day moving average price of $115.48 and a 200-day moving average price of $115.13. The stock has a market capitalization of $8.22 billion, a price-to-earnings ratio of 64.92, a price-to-earnings-growth ratio of 5.62 and a beta of 0.80.

Ormat Technologies (NYSE:ORA – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The energy company reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.38. Ormat Technologies had a return on equity of 6.61% and a net margin of 10.97%.The company had revenue of $403.91 million for the quarter, compared to the consensus estimate of $349.17 million. During the same period in the previous year, the business earned $0.68 EPS. Ormat Technologies’s revenue for the quarter was up 75.8% compared to the same quarter last year. On average, analysts anticipate that Ormat Technologies, Inc. will post 2.35 EPS for the current year.

Ormat Technologies Announces Dividend

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

Institutional Inflows and Outflows

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

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on ORA. JPMorgan Chase & Co. boosted their price target on Ormat Technologies from $106.00 to $123.00 and gave the company a “neutral” rating in a report on Friday, May 8th. TD Cowen lowered their price target on Ormat Technologies from $131.00 to $125.00 and set a “buy” rating for the company in a report on Friday, February 27th. Roth Mkm reiterated a “buy” rating and issued a $135.00 price target on shares of Ormat Technologies in a report on Monday, May 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Ormat Technologies in a report on Tuesday, April 21st. Finally, Piper Sandler upped their price objective on Ormat Technologies from $125.00 to $142.00 and gave the stock an “overweight” rating in a research note on Monday. 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, the stock presently has an average rating of “Moderate Buy” and an average price target of $133.18.

Get Our Latest Stock Report on Ormat Technologies

Ormat Technologies Company Profile

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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.