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Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management Trims Stock Holdings in Ormat Technologies, Inc. $ORA
Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management has reduced its stake in Ormat Technologies, Inc. by 18.9% in the fourth quarter, selling 42,272 shares and now holding 181,665 shares valued at approximately $20.07 million. This makes Ormat its 12th largest position, accounting for about 2.8% of Mivtachim’s portfolio. The article also notes continued insider selling, with Jessica Woelfel selling 2,359 shares, and highlights Ormat’s “Moderate Buy” consensus analyst rating with an average target price of $128.64.