Banco Bilbao Vizcaya Argentaria S.A. Purchases 120,478 Shares of Enphase Energy, Inc. $ENPH

Banco Bilbao Vizcaya Argentaria S.A. boosted its position in shares of Enphase Energy, Inc. (NASDAQ:ENPH) by 727.1% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 137,047 shares of the semiconductor company’s stock after acquiring an additional 120,478 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A. owned 0.10% of Enphase Energy worth $5,549,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Allianz SE grew its stake in shares of Enphase Energy by 3,402.0% during the 2nd quarter. Allianz SE now owns 3,502 shares of the semiconductor company’s stock valued at $139,000 after purchasing an additional 3,402 shares during the period. Police & Firemen s Retirement System of New Jersey boosted its holdings in shares of Enphase Energy by 155.1% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 48,711 shares of the semiconductor company’s stock worth $1,931,000 after buying an additional 29,618 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Enphase Energy by 2.1% in the second quarter. Geode Capital Management LLC now owns 3,542,878 shares of the semiconductor company’s stock worth $140,217,000 after buying an additional 73,459 shares during the last quarter. Quinn Opportunity Partners LLC bought a new stake in Enphase Energy during the second quarter valued at approximately $1,963,000. Finally, Jupiter Asset Management Ltd. purchased a new stake in Enphase Energy during the second quarter valued at approximately $2,764,000. 72.12% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Enphase Energy

In related news, CEO Badrinarayanan Kothandaraman bought 10,000 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The stock was bought at an average cost of $30.93 per share, with a total value of $309,300.00. Following the completion of the purchase, the chief executive officer 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 acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 3.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on ENPH. Jefferies Financial Group reiterated a “hold” rating and set a $41.00 price target on shares of Enphase Energy in a research note on Monday, September 29th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Enphase Energy in a report on Wednesday, October 8th. Zacks Research lowered Enphase Energy from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 30th. JPMorgan Chase & Co. decreased their price objective on Enphase Energy from $40.00 to $37.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 29th. Finally, Royal Bank Of Canada lowered their price objective on Enphase Energy from $33.00 to $31.00 and set a “sector perform” rating on the stock in a research report on Wednesday, October 29th. Six equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and thirteen have given a Sell rating to the company’s stock. According to MarketBeat, Enphase Energy has a consensus rating of “Reduce” and an average target price of $41.76.

Enphase Energy Stock Performance

NASDAQ:ENPH opened at $28.68 on Friday. The stock has a 50-day moving average price of $35.38 and a 200 day moving average price of $38.28. The stock has a market capitalization of $3.75 billion, a P/E ratio of 19.78 and a beta of 1.63. Enphase Energy, Inc. has a 12-month low of $28.14 and a 12-month 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.

Enphase Energy (NASDAQ:ENPH) last posted its quarterly earnings results on Tuesday, October 28th. The semiconductor company reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.30. Enphase Energy had a return on equity of 25.67% and a net margin of 12.93%.The company had revenue of $410.43 million for the quarter, compared to analysts’ expectations of $364.64 million. During the same period in the previous year, the firm earned $0.65 EPS. The firm’s revenue was up 7.8% compared to the same quarter last year. Enphase Energy has set its Q4 2025 guidance at EPS. Equities research analysts forecast 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.