Wealth Enhancement Advisory Services LLC increased its position in shares of Enphase Energy, Inc. (NASDAQ:ENPH – Free Report) by 58.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 15,188 shares of the semiconductor company’s stock after buying an additional 5,632 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Enphase Energy were worth $647,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in the company. Baader Bank Aktiengesellschaft purchased a new stake in shares of Enphase Energy during the second quarter worth approximately $824,000. Leibman Financial Services Inc. increased its stake in shares of Enphase Energy by 3.3% during the second quarter. Leibman Financial Services Inc. now owns 30,457 shares of the semiconductor company’s stock worth $1,208,000 after buying an additional 983 shares during the period. Fermata Advisors LLC increased its stake in shares of Enphase Energy by 5.8% during the second quarter. Fermata Advisors LLC now owns 7,330 shares of the semiconductor company’s stock worth $291,000 after buying an additional 400 shares during the period. Dudley & Shanley Inc. increased its stake in shares of Enphase Energy by 100.0% during the second quarter. Dudley & Shanley Inc. now owns 13,600 shares of the semiconductor company’s stock worth $539,000 after buying an additional 6,800 shares during the period. Finally, Czech National Bank boosted its holdings in Enphase Energy by 5.3% in the second quarter. Czech National Bank now owns 32,060 shares of the semiconductor company’s stock valued at $1,271,000 after purchasing an additional 1,624 shares in the last quarter. 72.12% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities analysts recently issued reports on ENPH shares. Zacks Research raised Enphase Energy from a “hold” rating to a “strong-buy” rating in a report on Wednesday. Jefferies Financial Group reaffirmed a “hold” rating and issued a $41.00 price target on shares of Enphase Energy in a report on Monday. Johnson Rice downgraded Enphase Energy from a “buy” rating to an “accumulate” rating and set a $45.00 price target for the company. in a report on Wednesday, July 30th. Glj Research upped their price target on Enphase Energy from $19.80 to $23.49 and gave the company a “sell” rating in a report on Tuesday, September 23rd. Finally, Susquehanna lowered their price target on Enphase Energy from $51.00 to $40.00 and set a “neutral” rating for the company in a report on Monday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have given a Hold rating and thirteen have assigned a Sell rating to the stock. According to data from MarketBeat, Enphase Energy currently has an average rating of “Reduce” and a consensus target price of $55.82.
Enphase Energy Price Performance
Shares of NASDAQ ENPH opened at $36.80 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 $36.04 and a 200 day moving average price of $42.90. Enphase Energy, Inc. has a 1-year low of $29.89 and a 1-year high of $109.50. The company has a market cap of $4.81 billion, a PE ratio of 28.75 and a beta of 1.56.
Enphase Energy (NASDAQ:ENPH – Get Free Report) last released its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.07. The firm had revenue of $363.15 million during the quarter, compared to analysts’ expectations 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 quarter in the prior year, the business posted $0.43 earnings per share. Enphase Energy has set its Q3 2025 guidance at EPS. Sell-side analysts forecast that Enphase Energy, Inc. will post 2.08 EPS for the current year.
Insider Transactions at Enphase Energy
In other Enphase Energy news, CEO Badrinarayanan Kothandaraman acquired 5,000 shares of the business’s stock in a transaction on Wednesday, August 6th. The stock was purchased at an average price of $30.82 per share, for a total transaction of $154,100.00. Following the completion of the transaction, the chief executive officer 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 3.10% of the company’s stock.
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.
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