Mount Vernon Associates Inc. MD Purchases 450 Shares of Enphase Energy, Inc. $ENPH

Mount Vernon Associates Inc. MD boosted its position in Enphase Energy, Inc. (NASDAQ:ENPH) by 3.7% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 12,760 shares of the semiconductor company’s stock after buying an additional 450 shares during the period. Mount Vernon Associates Inc. MD’s holdings in Enphase Energy were worth $506,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the company. QRG Capital Management Inc. boosted its stake in Enphase Energy by 4.5% in the 2nd quarter. QRG Capital Management Inc. now owns 8,616 shares of the semiconductor company’s stock valued at $342,000 after purchasing an additional 369 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Enphase Energy by 13.3% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 58,113 shares of the semiconductor company’s stock valued at $2,304,000 after acquiring an additional 6,825 shares during the period. Janney Montgomery Scott LLC lifted its position in shares of Enphase Energy by 224.0% during the 2nd quarter. Janney Montgomery Scott LLC now owns 47,168 shares of the semiconductor company’s stock valued at $1,870,000 after acquiring an additional 32,611 shares during the period. V Square Quantitative Management LLC lifted its position in shares of Enphase Energy by 28.8% during the 2nd quarter. V Square Quantitative Management LLC now owns 5,416 shares of the semiconductor company’s stock valued at $215,000 after acquiring an additional 1,212 shares during the period. Finally, Tempus Wealth Planning LLC lifted its position in shares of Enphase Energy by 140.3% during the 2nd quarter. Tempus Wealth Planning LLC now owns 8,162 shares of the semiconductor company’s stock valued at $324,000 after acquiring an additional 4,765 shares during the period. 72.12% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Enphase Energy

In related news, CEO Badrinarayanan Kothandaraman purchased 5,000 shares of the firm’s stock in a transaction dated Wednesday, August 6th. The stock was bought at an average price of $30.82 per share, with a total value of $154,100.00. Following the completion of the purchase, the chief executive officer 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 acquisition was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 3.10% of the company’s stock.

Enphase Energy Trading Down 2.5%

Shares of ENPH stock opened at $36.80 on Friday. The stock has a market cap of $4.81 billion, a price-to-earnings ratio of 28.75 and a beta of 1.56. The stock has a 50-day moving average of $36.04 and a 200-day moving average of $42.76. The company has a current ratio of 1.97, a quick ratio of 1.82 and a debt-to-equity ratio of 0.65. Enphase Energy, Inc. has a 1-year low of $29.89 and a 1-year high of $109.50.

Enphase Energy (NASDAQ:ENPH) last issued its quarterly earnings results on Tuesday, July 22nd. The semiconductor company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.07. The company had revenue of $363.15 million during the quarter, compared to analysts’ expectations of $359.14 million. Enphase Energy had a return on equity of 24.55% and a net margin of 11.78%.The business’s quarterly revenue was up 19.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.43 earnings per share. Enphase Energy has set its Q3 2025 guidance at EPS. On average, equities research analysts forecast that Enphase Energy, Inc. will post 2.08 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have recently weighed in on ENPH. Jefferies Financial Group reiterated a “hold” rating and set a $41.00 target price on shares of Enphase Energy in a research report on Monday, September 29th. Wells Fargo & Company upped their target price on Enphase Energy from $42.00 to $45.00 and gave the company an “overweight” rating in a research report on Thursday, July 24th. Glj Research upped their target price on Enphase Energy from $19.80 to $23.49 and gave the company a “sell” rating in a research report on Tuesday, September 23rd. Royal Bank Of Canada set a $28.00 target price on Enphase Energy and gave the company a “sector perform” rating in a research report on Wednesday, June 18th. Finally, Mizuho cut their target price on Enphase Energy from $53.00 to $50.00 and set an “outperform” rating for the company in a research report on Monday, July 14th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have issued a Hold rating and thirteen have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus target price of $55.82.

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.