Principal Financial Group Inc. Buys 481,846 Shares of Enphase Energy, Inc. $ENPH

Principal Financial Group Inc. boosted its stake in Enphase Energy, Inc. (NASDAQ:ENPH) by 334.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 626,065 shares of the semiconductor company’s stock after purchasing an additional 481,846 shares during the quarter. Principal Financial Group Inc. owned approximately 0.48% of Enphase Energy worth $22,156,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its holdings in shares of Enphase Energy by 431.9% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 633 shares of the semiconductor company’s stock worth $25,000 after buying an additional 514 shares during the last quarter. Salomon & Ludwin LLC grew its position in Enphase Energy by 761.0% in the third quarter. Salomon & Ludwin LLC now owns 861 shares of the semiconductor company’s stock worth $32,000 after acquiring an additional 761 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in Enphase Energy by 199.7% in the third quarter. Geneos Wealth Management Inc. now owns 920 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 613 shares during the last quarter. Manchester Capital Management LLC raised its position in Enphase Energy by 24,040.0% during the second quarter. Manchester Capital Management LLC now owns 1,207 shares of the semiconductor company’s stock valued at $48,000 after purchasing an additional 1,202 shares in the last quarter. Finally, Mather Group LLC. purchased a new stake in Enphase Energy during the third quarter valued at about $44,000. Hedge funds and other institutional investors own 72.12% of the company’s stock.

Enphase Energy Price Performance

Shares of Enphase Energy stock opened at $49.80 on Friday. The company has a quick ratio of 1.88, a current ratio of 2.07 and a debt-to-equity ratio of 0.53. The company has a market cap of $6.52 billion, a PE ratio of 38.60 and a beta of 1.37. The business has a 50 day moving average of $35.10 and a 200 day moving average of $34.64. Enphase Energy, Inc. has a 52 week low of $25.77 and a 52 week high of $70.78.

Enphase Energy (NASDAQ:ENPH) last announced its quarterly earnings results on Tuesday, February 3rd. The semiconductor company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.19. Enphase Energy had a net margin of 11.69% and a return on equity of 20.31%. The company had revenue of $343.32 million for the quarter, compared to analysts’ expectations of $340.45 million. During the same quarter in the previous year, the company earned $0.94 earnings per share. Enphase Energy’s quarterly revenue was down 10.3% on a year-over-year basis. As a group, equities research analysts forecast that Enphase Energy, Inc. will post 2.08 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Thurman J. Rodgers sold 150,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $29.13, for a total value of $4,369,500.00. Following the transaction, the director owned 1,733,596 shares in the company, valued at approximately $50,499,651.48. This represents a 7.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Mandy Yang sold 6,000 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $33.01, for a total transaction of $198,060.00. Following the sale, the executive vice president directly owned 68,987 shares of the company’s stock, valued at $2,277,260.87. This trade represents a 8.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 3.10% of the company’s stock.

Wall Street Analysts Forecast Growth

ENPH has been the subject of a number of recent research reports. Royal Bank Of Canada upgraded shares of Enphase Energy from a “sector perform” rating to an “outperform” rating and set a $54.00 price objective for the company in a report on Wednesday. Glj Research set a $21.70 price target on shares of Enphase Energy in a research note on Thursday. Loop Capital set a $31.00 price target on shares of Enphase Energy in a research report on Thursday, October 30th. HSBC upgraded Enphase Energy from a “hold” rating to a “buy” rating and set a $52.00 price objective on the stock in a report on Wednesday. Finally, Oppenheimer increased their target price on Enphase Energy from $67.00 to $68.00 and gave the company an “outperform” rating in a report on Wednesday. Nine investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and nine have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $42.70.

More Enphase Energy News

Here are the key news stories impacting Enphase Energy this week:

• Positive Sentiment: Q4 beat and raised guidance — Enphase reported $0.71 EPS on $343.3M revenue (above consensus) and raised Q1 revenue guidance with management saying bookings are ~90% to the midpoint, which underpins the bullish market reaction. Enphase Energy Shares Rally After Forecast, Results Beat Estimates
• Positive Sentiment: Analyst upgrades and price‑target lifts — Multiple firms raised ratings/targets (examples: TD Cowen raised its target to $40; HSBC upgraded to strong‑buy; Oppenheimer lifted its target), supporting momentum and buy‑side interest. Enphase Energy price target raised to $40 from $35 at TD Cowen
• Positive Sentiment: Insider buying — CEO Badrinarayanan Kothandaraman purchased 5,000 shares at ~$51.98, a visible management vote of confidence that traders often treat as supportive. SEC Form 4 — CEO Purchase
• Neutral Sentiment: Short‑interest and squeeze dynamics — Elevated short interest (~20–22%) amplified the post‑earnings rally (short covering can push price well beyond fundamentals but also raises volatility). ENPH Stock Soars 50% on Earnings Beat—Is It a Data Center Play?
• Negative Sentiment: Near‑term demand and cost pressure — Revenue was down ~10% YoY, microinverter shipments declined and the company announced ~160 job cuts, underscoring cyclical weakness that could weigh on near‑term results. Enphase to cut 160 jobs globally, shipments drop
• Negative Sentiment: Valuation and caution from some analysts — A handful of firms (e.g., Deutsche Bank) trimmed targets or maintained cautious ratings, and commentators flag ENPH as overbought after the sharp post‑earnings run, implying downside risk if momentum fades. Deutsche Bank adjusts ENPH price target to $38

Enphase Energy Company Profile

Enphase Energy is a global energy technology company that specializes in solar microinverters, energy storage systems and energy management software. Its core business centers on converting direct current (DC) power generated by solar panels into alternating current (AC) power suitable for use in residential and commercial applications. By integrating hardware and software solutions, Enphase Energy aims to improve solar energy yield, enhance system reliability and provide real-time monitoring capabilities to its customers.

The company’s product portfolio includes its IQ Series microinverters, which attach to individual solar panels to optimize performance at the module level and reduce the impact of shading or system failures.