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Jessica Woelfel, General Counsel, CCO, and CS at Ormat Technologies, INC. (NYSE:ORA), sold a total of 1,089 shares of common stock on November 7 and November 10, 2025. The sales were executed at a price of $112.36 on November 7 and $115.0 on November 10, netting Woelfel a total of $124,263.
On November 7, Woelfel sold 368 shares for $41,348. These shares were sold in multiple transactions at prices ranging from $112.35 to $112.39. Then, on November 10, she sold 721 shares for $82,915.
Woelfel also exercised stock appreciation rights (SARs) on November 7 and November 10, acquiring 2,889 shares of Ormat Technologies stock for $205,552. These shares were acquired at a price of $71.15. Specifically, 1,000 shares were acquired on November 7 and 1,889 shares were acquired on November 10.
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, compared to the forecasted $0.3859, marking a 6.25% surprise. Additionally, Ormat’s revenue reached $249.7 million, exceeding the anticipated $234.3 million and resulting in a 6.59% revenue surprise. Following these strong results, Ormat raised its full-year 2025 guidance, citing robust contributions from its Products and Storage segments. Oppenheimer responded to these developments by raising its price target for Ormat Technologies to $125 from $120, while maintaining an Outperform rating. These recent developments reflect a positive outlook for the company.
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