Ormat Technologies Directors Exercise RSUs, Sell Shares Under 10b5-1 Plans
Ormat Technologies directors have collectively exercised 9,767 Restricted Stock Units (RSUs) and sold shares under the 10b5-1 trading plan. This includes Dafna Sharir, who sold 883 shares of Ormat Technologies stock, and at least 6 other directors exercising over 9,000 RSUs, some of which vested and were settled into common stock. Analysts recommend a Moderate Buy rating for Ormat Technologies stock based on consensus.
Ormat Technologies directors have engaged in a series of transactions exercising and selling Restricted Stock Units (RSUs) and shares under the 10b5-1 plan. Dafna Sharir, an Ormat Technologies director, directly sold 883 shares of the company's stock.
The same directors collectively exercised and settled over 9,000 RSUs into common stock holdings. Specifically, at least 6 directors gained 9,767 RSUs with Dafna Sharir receiving 883 shares and others acquiring over 9,000 shares, most of which have been settled.
A consensus Moderate Buy rating has been assigned to Ormat Technologies stock by brokerages. This rating reflects the current market sentiment and may be subject to change based on new information or market conditions.
The recent activity in the Ormat Technologies' stock market, driven by the directors' transactions, signals the company's ongoing developments and strategic direction.
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