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Ormat Technologies NASDAQ:ORA Chief Financial Officer Assi Ginzburg sold 20,000 shares of common stock on November 7, 2025, for a total of $2.25 million. The sales occurred at prices ranging from $112.53 to $113.03.
Following the transaction, Ginzburg directly owns 4,482 shares of Ormat Technologies. The sale was disclosed in a Form 4 filing with the Securities and Exchange Commission.
In other recent news, Ormat Technologies reported its third-quarter 2025 earnings, surpassing market expectations. The company achieved an earnings per share of $0.41, exceeding the forecast of $0.3859, and reported revenue of $249.7 million, which was higher than the anticipated $234.3 million. This resulted in a revenue surprise of 6.59%. Following these results, Ormat Technologies raised its full-year 2025 guidance, attributing stronger contributions from its Products and Storage segments. Oppenheimer responded to the positive earnings by raising its price target for Ormat Technologies from $120.00 to $125.00, while maintaining an Outperform rating. These developments reflect a strong outlook for the company.
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