Public Employees Retirement System of Ohio Sells 749 Shares of Enphase Energy, Inc. $ENPH

Public Employees Retirement System of Ohio trimmed its position in shares of Enphase Energy, Inc. (NASDAQ:ENPH) by 1.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,336 shares of the semiconductor company’s stock after selling 749 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Enphase Energy were worth $1,599,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of ENPH. CX Institutional bought a new stake in shares of Enphase Energy during the first quarter valued at approximately $29,000. First Horizon Advisors Inc. grew its stake in shares of Enphase Energy by 83.0% during the first quarter. First Horizon Advisors Inc. now owns 569 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 258 shares during the last quarter. SVB Wealth LLC bought a new stake in shares of Enphase Energy during the first quarter valued at approximately $38,000. Brooklyn Investment Group grew its stake in shares of 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 purchasing an additional 368 shares during the last quarter. Finally, Quarry LP bought a new stake in shares of Enphase Energy during the first quarter valued at approximately $70,000. 72.12% of the stock is owned by institutional investors.

Insider Activity at Enphase Energy

In related news, CEO Badrinarayanan Kothandaraman acquired 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 6th. The shares were acquired at an average cost of $30.82 per share, for a total transaction of $154,100.00. Following the completion of the acquisition, the chief executive officer directly owned 1,620,632 shares in the company, valued at approximately $49,947,878.24. The trade was a 0.31% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 3.10% of the stock is currently owned by insiders.

Enphase Energy Trading Down 2.5%

Shares of NASDAQ:ENPH opened at $36.80 on Friday. Enphase Energy, Inc. has a 12 month low of $29.89 and a 12 month high of $109.50. The company has a quick ratio of 1.82, a current ratio of 1.97 and a debt-to-equity ratio of 0.65. The company’s fifty day simple moving average is $36.04 and its 200 day simple moving average is $42.90. The firm has a market cap of $4.81 billion, a price-to-earnings ratio of 28.75 and a beta of 1.56.

Enphase Energy (NASDAQ:ENPH) last issued its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.07. Enphase Energy had a net margin of 11.78% and a return on equity of 24.55%. The business had revenue of $363.15 million for the quarter, compared to analyst estimates of $359.14 million. During the same period last year, the business posted $0.43 earnings per share. The firm’s quarterly revenue was up 19.7% on a year-over-year basis. Enphase Energy has set its Q3 2025 guidance at EPS. As a group, research analysts forecast that Enphase Energy, Inc. will post 2.08 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. JPMorgan Chase & Co. increased their price target on shares of Enphase Energy from $37.00 to $39.00 and gave the company a “neutral” rating in a research note on Friday, September 19th. Mizuho decreased their price target on shares of Enphase Energy from $53.00 to $50.00 and set an “outperform” rating on the stock in a research note on Monday, July 14th. Glj Research increased their price target on shares of Enphase Energy from $19.80 to $23.49 and gave the company a “sell” rating in a research note on Tuesday, September 23rd. KeyCorp reissued an “underweight” rating and set a $31.00 price target on shares of Enphase Energy in a research note on Tuesday, June 17th. Finally, Johnson Rice cut shares of Enphase Energy from a “buy” rating to an “accumulate” rating and set a $45.00 price objective on the stock. in a research note on Wednesday, July 30th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have assigned a Hold rating and thirteen have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Enphase Energy currently has an average rating of “Reduce” and an average target price of $55.82.

Enphase Energy Profile

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.