Enphase Energy, Inc. $ENPH Shares Acquired by AlphaQuest LLC

AlphaQuest LLC lifted its holdings in shares of Enphase Energy, Inc. (NASDAQ:ENPH) by 158.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,400 shares of the semiconductor company’s stock after purchasing an additional 3,312 shares during the quarter. AlphaQuest LLC’s holdings in Enphase Energy were worth $214,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Enphase Energy by 76.1% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,962 shares of the semiconductor company’s stock worth $752,000 after purchasing an additional 8,195 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in Enphase Energy by 11,005.7% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 3,887 shares of the semiconductor company’s stock worth $154,000 after purchasing an additional 3,852 shares during the period. Asset Management One Co. Ltd. increased its holdings in Enphase Energy by 13.5% during the 2nd quarter. Asset Management One Co. Ltd. now owns 4,342 shares of the semiconductor company’s stock worth $172,000 after purchasing an additional 516 shares during the period. Lazard Freres Gestion S.A.S. increased its holdings in Enphase Energy by 106.3% during the 2nd quarter. Lazard Freres Gestion S.A.S. now owns 9,510 shares of the semiconductor company’s stock worth $377,000 after purchasing an additional 4,900 shares during the period. Finally, Ethic Inc. purchased a new stake in Enphase Energy during the 2nd quarter worth about $327,000. Institutional investors and hedge funds own 72.12% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on ENPH. Loop Capital set a $31.00 target price on shares of Enphase Energy in a report on Thursday. Susquehanna set a $33.00 target price on shares of Enphase Energy in a report on Thursday. Evercore ISI set a $33.00 target price on shares of Enphase Energy in a report on Wednesday. JPMorgan Chase & Co. reduced their target price on shares of Enphase Energy from $40.00 to $37.00 and set a “neutral” rating on the stock in a report on Wednesday, October 29th. Finally, BMO Capital Markets reaffirmed an “underperform” rating and issued a $31.00 target price on shares of Enphase Energy in a report on Wednesday. Six investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and thirteen have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $44.71.

Insider Transactions at Enphase Energy

In other news, CEO Badrinarayanan Kothandaraman purchased 5,000 shares of the business’s stock in a transaction on Wednesday, August 6th. The shares were bought at an average price of $30.82 per share, with a total value of $154,100.00. Following the completion of the transaction, the chief executive officer directly owned 1,620,632 shares in the company, valued at approximately $49,947,878.24. This represents a 0.31% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.10% of the stock is owned by corporate insiders.

Enphase Energy Stock Up 1.3%

Shares of NASDAQ:ENPH opened at $30.51 on Monday. The company has a market capitalization of $3.99 billion, a PE ratio of 21.04 and a beta of 1.56. The company has a current ratio of 2.04, a quick ratio of 1.82 and a debt-to-equity ratio of 0.57. Enphase Energy, Inc. has a twelve month low of $29.89 and a twelve month high of $89.95. The firm has a 50 day simple moving average of $36.84 and a 200-day simple moving average of $39.52.

Enphase Energy (NASDAQ:ENPH) last issued its quarterly earnings data on Tuesday, October 28th. The semiconductor company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.30. The business had revenue of $410.43 million during the quarter, compared to the consensus estimate of $364.64 million. Enphase Energy had a net margin of 12.93% and a return on equity of 25.67%. The company’s revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.65 EPS. Enphase Energy has set its Q4 2025 guidance at EPS. On average, equities analysts predict that Enphase Energy, Inc. will post 2.08 EPS for the current fiscal year.

Enphase Energy Company 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.