50-year Wall Street legend: “Sell this tech stock NOW”

Something very strange is happening to U.S. stocks following President Trump's victory... And this could spell disaster for some of America's favorite tech companies.

You can watch for it for free, right here.

Stanley Stern Biography and Net Worth

Director of Ormat Technologies

Stanley B. Stern, has been a member of our Board since November 2015. Mr. Stern is the Managing Partner of Alnitak Capital, which he founded in 2013 to provide board level strategic advisory services and merchant banking services, primarily to companies in technology-related industries. From 1981 to 2000 and from 2004 to 2013, he was a Managing Director at Oppenheimer & Co, where, among other positions, he was head of the investment banking department and technology investment banking group. He also held positions at Salomon Brothers, STI Ventures and C.E. Unterberg. Mr. Stern has served as chairman of the board of directors of Audiocodes, Inc. since 2012, and has served as a member of the board of directors of Ekso Bionics Holdings, Inc. since 2015 and Foamix, Ltd. since 2014. In the past, Mr. Stern served from 2015 to 2018 as the chairman of the board of directors of SodaStream International Ltd. and as a member of the board of directors of the following public and private companies, for which he no longer serves as a director: Given Imaging, Fundtech Inc., Tucows, Inc. (Chairman) and Odimo, Inc. He earned a BA in Economics and Accounting from City University of New York, Queens College, and an MBA from Harvard University.

What is Stanley Stern's net worth?: The estimated net worth of Stanley Stern is at least $390,377.90 as of March 28th, 2024. Mr. Stern owns 4,835 shares of Ormat Technologies stock worth more than $390,378 as of November 23rd. This net worth evaluation does not reflect any other investments that Mr. Stern may own. Learn More about Stanley Stern's net worth.
How do I contact Stanley Stern?: The corporate mailing address for Mr. Stern and other Ormat Technologies executives is 6140 PLUMAS STREET, RENO NV, 89519. Ormat Technologies can also be reached via phone at (775) 356-9029 and via email at [email protected]. Learn More on Stanley Stern's contact information.
Has Stanley Stern been buying or selling shares of Ormat Technologies?: Stanley Stern has not been actively trading shares of Ormat Technologies over the course of the past ninety days. Most recently, Stanley Stern sold 1,825 shares of the business's stock in a transaction on Thursday, March 28th. The shares were sold at an average price of $66.95, for a transaction totalling $122,183.75. Following the completion of the sale, the director now directly owns 4,835 shares of the company's stock, valued at $323,703.25. Learn More on Stanley Stern's trading history.
Who are Ormat Technologies' active insiders?: Ormat Technologies' insider roster includes Isaac Angel (Director), Shlomi Argas (President), Ofer Ben-Yosef (EVP), Doron Blachar (CEO), Dan Falk (Director), Assi Ginzburg (CFO), David Granot (Director), Shimon Hatzir (EVP), Zvi Krieger (EVP), Dafna Sharir (Director), Stanley Stern (Director), and Byron Wong (Director). Learn More on Ormat Technologies' active insiders.
Are insiders buying or selling shares of Ormat Technologies?: During the last year, insiders at the energy company sold shares 4 times. They sold a total of 4,210 shares worth more than $299,938.02. The most recent insider tranaction occured on September, 20th when Director Byron G Wong sold 1,266 shares worth more than $94,924.68. Insiders at Ormat Technologies own 1.0% of the company. Learn More about insider trades at Ormat Technologies.
Information on this page was last updated on 9/20/2024.

Stanley Stern Insider Trading History at Ormat Technologies

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
3/28/2024	Sell	1,825	$66.95	$122,183.75	4,835
8/16/2022	Sell	7,500	$96.85	$726,375.00	6,037
3/31/2022	Sell	7,500	$80.85	$606,375.00

Stanley Stern Buying and Selling Activity at Ormat Technologies

Ormat Technologies Company Overview

Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, and internationally. It operates in three segments: Electricity, Product, and Energy Storage. The Electricity segment develops, builds, owns, and operates geothermal, solar photovoltaic, and recovered energy-based power plants; and sells electricity. The Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation; and provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy-based power plants. This segment serves contractors; and owners and operators of interstate natural gas pipelines, gas processing plants, and cement plants, as well as companies in other energy-intensive industrial processes. The Energy Storage segment offers battery energy storage systems and related services. Ormat Technologies, Inc. was founded in 1965 and is headquartered in Reno, Nevada.

Today's Range

Now: $80.74

$80.38

$81.32

50 Day Range

MA: $78.16

$74.86

$83.84

2 Week Range

Now: $80.74

$59.41

$84.30

Volume

513,362 shs

Average Volume

438,103 shs

Market Capitalization

$4.88 billion

P/E Ratio

41.19

Dividend Yield

0.60%

Beta

0.53