CEO Doron Blachar is optimistic about the new assets enhancing Ormat's profits and is eager to increase shareholder value. The deal underscores Ormat's leadership in renewable energy and its commitment to global renewable power solutions.
Insiders at Ormat Technologies' mass stock selling over the past year may suggest a lack of confidence in future performance. Low insider ownership and a continued lack of insider buying is concerning.
Ormat's share price increased despite decreased revenues, suggesting an anomaly that requires further investigation. It's worth considering for investment if long-term growth trend continues.
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