Ethic Inc. Purchases New Holdings in Enphase Energy, Inc. $ENPH

Ethic Inc. acquired a new position in Enphase Energy, Inc. (NASDAQ:ENPH) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 7,993 shares of the semiconductor company’s stock, valued at approximately $327,000.

Several other large investors have also recently made changes to their positions in ENPH. Baillie Gifford & Co. boosted its holdings in shares of Enphase Energy by 32.0% in the 1st quarter. Baillie Gifford & Co. now owns 11,052,357 shares of the semiconductor company’s stock worth $685,799,000 after buying an additional 2,680,567 shares during the last quarter. Assenagon Asset Management S.A. raised its position in Enphase Energy by 827.3% in the second quarter. Assenagon Asset Management S.A. now owns 1,152,546 shares of the semiconductor company’s stock worth $45,698,000 after acquiring an additional 1,028,259 shares during the period. Invesco Ltd. boosted its stake in Enphase Energy by 15.5% in the first quarter. Invesco Ltd. now owns 5,264,521 shares of the semiconductor company’s stock valued at $326,664,000 after acquiring an additional 706,656 shares during the last quarter. AQR Capital Management LLC grew its position in shares of Enphase Energy by 9,236.6% during the 1st quarter. AQR Capital Management LLC now owns 691,564 shares of the semiconductor company’s stock valued at $41,483,000 after acquiring an additional 684,157 shares during the period. Finally, Nuveen LLC bought a new position in shares of Enphase Energy during the 1st quarter valued at approximately $24,247,000. 72.12% of the stock is owned by hedge funds and other institutional investors.

Enphase Energy Stock Down 15.1%

Shares of NASDAQ ENPH opened at $31.14 on Thursday. 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 has a market cap of $4.07 billion, a P/E ratio of 21.48 and a beta of 1.56. Enphase Energy, Inc. has a 52 week low of $29.89 and a 52 week high of $89.95. The business has a 50-day simple moving average of $37.08 and a two-hundred day simple moving average of $39.93.

Enphase Energy (NASDAQ:ENPH) last announced its quarterly earnings results on Tuesday, October 28th. The semiconductor company reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.30. Enphase Energy had a net margin of 12.93% and a return on equity of 26.85%. The firm had revenue of $410.43 million for the quarter, compared to the consensus estimate of $364.64 million. During the same period in the prior year, the firm posted $0.65 earnings per share. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. Enphase Energy has set its Q4 2025 guidance at EPS. Research analysts anticipate that Enphase Energy, Inc. will post 2.08 earnings per share for the current fiscal year.

Insider Activity at Enphase Energy

In other news, CEO Badrinarayanan Kothandaraman acquired 5,000 shares of the business’s stock in a transaction dated Wednesday, August 6th. The stock was bought at an average cost 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 ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 3.10% of the company’s stock.

Analyst Upgrades and Downgrades

ENPH has been the topic of several research analyst reports. Morgan Stanley set a $28.00 price objective on Enphase Energy in a research note on Thursday, October 16th. Zacks Research raised Enphase Energy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 1st. Jefferies Financial Group reissued a “hold” rating and issued a $41.00 price objective on shares of Enphase Energy in a report on Monday, September 29th. Citigroup dropped their price objective on shares of Enphase Energy from $32.00 to $31.00 and set a “sell” rating on the stock in a report on Wednesday. Finally, Johnson Rice lowered shares of Enphase Energy from a “buy” rating to an “accumulate” rating and set a $45.00 target price for the company. in a research report on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, thirteen have issued a Hold rating and thirteen have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $45.41.

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.