Enphase Energy, Inc. $ENPH Shares Sold by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed its position in shares of Enphase Energy, Inc. (NASDAQ:ENPH) by 3.5% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 59,907 shares of the semiconductor company’s stock after selling 2,176 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s holdings in Enphase Energy were worth $3,717,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ENPH. CX Institutional acquired a new position in Enphase Energy during the 1st quarter valued at about $29,000. First Horizon Advisors Inc. lifted its holdings in Enphase Energy by 83.0% in the 1st quarter. First Horizon Advisors Inc. now owns 569 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 258 shares during the last quarter. SVB Wealth LLC purchased a new position in Enphase Energy in the 1st quarter worth about $38,000. Brooklyn Investment Group lifted its stake in Enphase Energy by 124.7% during the first quarter. Brooklyn Investment Group now owns 663 shares of the semiconductor company’s stock valued at $41,000 after buying an additional 368 shares in the last quarter. Finally, Quarry LP purchased a new stake in Enphase Energy during the first quarter valued at about $70,000. 72.12% of the stock is owned by institutional investors and hedge funds.

Enphase Energy Stock Performance

Enphase Energy stock opened at $37.63 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.97 and a quick ratio of 1.82. The stock has a fifty day moving average price of $36.75 and a two-hundred day moving average price of $45.18. Enphase Energy, Inc. has a 52-week low of $29.89 and a 52-week high of $126.19. The firm has a market capitalization of $4.92 billion, a P/E ratio of 29.40 and a beta of 1.52.

Enphase Energy (NASDAQ:ENPH) last announced its earnings results on Tuesday, July 22nd. The semiconductor company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.62 by $0.07. The business had revenue of $363.15 million for the quarter, compared to the consensus estimate of $359.14 million. Enphase Energy had a return on equity of 24.55% and a net margin of 11.78%.Enphase Energy’s revenue was up 19.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.43 EPS. Enphase Energy has set its Q3 2025 guidance at EPS. As a group, analysts anticipate that Enphase Energy, Inc. will post 2.08 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

ENPH has been the subject of several research analyst reports. The Goldman Sachs Group reissued a “sell” rating and issued a $32.00 price objective (down from $77.00) on shares of Enphase Energy in a research note on Wednesday, July 9th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $37.00 price target (down previously from $64.00) on shares of Enphase Energy in a research note on Tuesday, July 15th. Wall Street Zen downgraded Enphase Energy from a “buy” rating to a “hold” rating in a research note on Saturday, September 6th. Oppenheimer decreased their price target on Enphase Energy from $86.00 to $77.00 and set an “outperform” rating for the company in a research note on Wednesday, July 23rd. Finally, KeyCorp restated an “underweight” rating and set a $31.00 target price on shares of Enphase Energy in a research note on Tuesday, June 17th. Ten analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and twelve have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $55.48.

Insider Activity at Enphase Energy

In other Enphase Energy news, CEO Badrinarayanan Kothandaraman bought 5,000 shares of Enphase Energy stock in a transaction dated Wednesday, August 6th. The shares were acquired at an average cost of $30.82 per share, with a total value of $154,100.00. Following the acquisition, the chief executive officer directly owned 1,620,632 shares of the company’s stock, valued at $49,947,878.24. The trade was a 0.31% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 3.10% of the stock is owned by insiders.

About Enphase Energy

Enphase Energy, Inc, together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control.