SolarMax Technology (SMXT) reported second-quarter 2026 revenue of $10.2 million, up 49% from $6.9 million a year earlier. Gross profit increased 299% to $2.4 million.
The company reported a net loss of $4.7 million, or $0.98 per share, compared with a $1.9 million loss, or $0.50 per share, in the second quarter of 2025.
- Total operating expense was $6.9 million, including a $4.3 million one-time legal judgment expense related to the China segment.
- Second-quarter gross profit was $2.4 million, compared with $605,000 in the prior-year quarter.
- Results covered the three months ended June 30, 2026.
$SMXT Hedge Fund Activity
We have seen 13 institutional investors add shares of $SMXT stock to their portfolio, and 8 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GEODE CAPITAL MANAGEMENT, LLC added 377,789 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,582,180
- BLACKROCK, INC. removed 109,081 shares (-99.9%) from their portfolio in Q2 2026, for an estimated $38,069
- NORTHERN TRUST CORP removed 100,285 shares (-92.4%) from their portfolio in Q2 2026, for an estimated $419,993
- XTX TOPCO LTD removed 99,456 shares (-95.8%) from their portfolio in Q2 2026, for an estimated $416,521
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 82,726 shares (+inf%) to their portfolio in Q2 2026, for an estimated $346,456
- TWO SIGMA INVESTMENTS, LP removed 61,828 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $258,935
- JANE STREET GROUP, LLC added 58,733 shares (+inf%) to their portfolio in Q2 2026, for an estimated $245,973
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.