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Ormat director sells $604,440 in stock

Ormat Technologies director Byron G. Wong sells $604,440 in common stock. Shares near 52-week high after 76% yearly gain.

Sebastian Young
BySebastian Young- Senior Editor
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Byron G. Wong, a director at Ormat Technologies, Inc. (NASDAQ:ORA), sold 4,500 shares of common stock on May 13, 2026.

The open market transaction totaled $604,440. The sale comes as shares trade near a 52-week high of $138.51, after a 76% gain over the past year.

Shares were sold at $134.32 each. Post-sale, Mr. Wong directly holds 5,925 shares.

Bond.az analysis suggests Ormat Technologies appears overvalued based on fair value assessment.

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Ormat director sells $604,440 in stock | Bond.az