Director Sells All Direct Shares for $470K Amidst 52-Week Highs
ORA sits 90% above its 52-week low of $70.42.
Summary
A director of Ormat Technologies sold all of their directly held shares for $470,018, fully divesting their direct stake while the stock trades near its 52-week high.
Key Events · Ownership and Investor Activity · ORA
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Director Divests All Direct Holdings
Director Granot David sold 3,519 shares of common stock in two open market transactions on May 20 and May 21, 2026.
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Total Sale Value of $470,018
The transactions generated total proceeds of $470,018, with shares sold at prices ranging from $132.70 to $134.43.
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Complete Exit of Direct Shares
Following these sales, the director holds 0 directly owned shares, indicating a full divestment of their direct stake.
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Sale Near 52-Week Highs
The sales occurred while Ormat Technologies' stock is trading near its 52-week high of $138.515.
Analysis · ORA · Energy & Transportation
Director David Granot sold all of his directly held shares, totaling $470,018, over two days. This complete divestment by a director, especially while the stock is trading near its 52-week high, can be interpreted as a lack of conviction in future upside or a decision to lock in gains. This transaction contributes to a net insider distribution trend observed over the past 90 days.
At the time of this filing, ORA was trading at $134.00 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $8.2B. The 52-week trading range was $70.42 to $138.52. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.