Teacher Retirement System of Texas Raises Position in Enphase Energy, Inc. $ENPH

Teacher Retirement System of Texas increased its holdings in Enphase Energy, Inc. (NASDAQ:ENPH) by 24.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 32,281 shares of the semiconductor company’s stock after purchasing an additional 6,357 shares during the quarter. Teacher Retirement System of Texas’ holdings in Enphase Energy were worth $1,280,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in ENPH. SVB Wealth LLC purchased a new position in Enphase Energy in the 1st quarter worth $38,000. Brooklyn Investment Group raised its position in Enphase Energy by 124.7% in the 1st quarter. Brooklyn Investment Group now owns 663 shares of the semiconductor company’s stock worth $41,000 after purchasing an additional 368 shares during the period. CX Institutional raised its position in Enphase Energy by 135.4% in the 2nd quarter. CX Institutional now owns 1,083 shares of the semiconductor company’s stock worth $43,000 after purchasing an additional 623 shares during the period. Harbour Investments Inc. grew its holdings in Enphase Energy by 34.8% in the 2nd quarter. Harbour Investments Inc. now owns 1,725 shares of the semiconductor company’s stock worth $68,000 after acquiring an additional 445 shares during the last quarter. Finally, Quarry LP bought a new stake in Enphase Energy in the 1st quarter worth $70,000. Hedge funds and other institutional investors own 72.12% of the company’s stock.

Insider Buying and Selling

In other Enphase Energy news, CEO Badrinarayanan Kothandaraman acquired 10,000 shares of the company’s stock in a transaction that occurred on Friday, October 31st. The shares were acquired at an average price of $30.93 per share, with a total value of $309,300.00. Following the completion of the purchase, the chief executive officer directly owned 1,630,632 shares of the company’s stock, valued at approximately $50,435,447.76. The trade was a 0.62% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 3.10% of the stock is owned by insiders.

Enphase Energy Trading Up 11.0%

Shares of ENPH opened at $32.20 on Thursday. Enphase Energy, Inc. has a 1-year low of $28.86 and a 1-year high of $78.26. The company has a current ratio of 2.04, a quick ratio of 1.82 and a debt-to-equity ratio of 0.57. The firm’s 50-day moving average price is $36.38 and its 200-day moving average price is $39.14. The firm has a market capitalization of $4.21 billion, a price-to-earnings ratio of 22.21 and a beta of 1.63.

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

Analyst Ratings Changes

A number of equities research analysts have issued reports on ENPH shares. Mizuho lowered shares of Enphase Energy from an “outperform” rating to a “neutral” rating and cut their price target for the stock from $50.00 to $37.00 in a report on Thursday, October 23rd. Glj Research raised their price target on shares of Enphase Energy from $19.80 to $23.49 and gave the stock a “sell” rating in a report on Tuesday, September 23rd. Wells Fargo & Company raised their price target on shares of Enphase Energy from $42.00 to $45.00 and gave the stock an “overweight” rating in a report on Thursday, July 24th. JPMorgan Chase & Co. cut their price target 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, Loop Capital set a $31.00 price target on shares of Enphase Energy in a report on Thursday, October 30th. Six investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and thirteen have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $44.71.

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.