Harel Insurance (ORA) reports 3.06M shares, 5% stake disclosed
Rhea-AI Filing Summary
Ormat Technologies, Inc. ownership disclosure: Harel Insurance Investments & Financial Services Ltd reported beneficial ownership of 3,062,948 shares of common stock, representing 5% of the class based on March 2, 2026 and a stated 60,850,235 shares outstanding. The filing states shared voting and shared dispositive power over the 3,062,948 shares; 3,060,447 shares are held for public clients by subsidiaries and 2,501 shares are held for the reporting entity's own account.
Positive
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Negative
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Insights
Substantial passive stake disclosed with shared control.
The statement lists 3,062,948 shares and reports shared voting and dispositive power, with 3,060,447 held for public clients and 2,501 for the filer. The report classifies these holdings as managed by subsidiaries operating under independent management.
Impact depends on whether the position is passive; timing and trading intent are not stated in the excerpt.
Disclosure aligns with beneficial-ownership reporting requirements.
The Schedule 13G lists the percent of class as 5% based on March 2, 2026 and specifies voting/dispositive breakdowns per Item 4. The signer is identified as Alon Kaufman, Vice President.
Filing appears to present the requisite facts; further filings would show any change in status or intent.