Creekmur Asset Management LLC Has $588,000 Stock Holdings in Enphase Energy, Inc. $ENPH

Creekmur Asset Management LLC increased its position in shares of Enphase Energy, Inc. (NASDAQ:ENPH) by 41.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,819 shares of the semiconductor company’s stock after acquiring an additional 4,337 shares during the period. Creekmur Asset Management LLC’s holdings in Enphase Energy were worth $588,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Enphase Energy by 47.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 9,556 shares of the semiconductor company’s stock valued at $593,000 after purchasing an additional 3,089 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in Enphase Energy by 38.6% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 18,188 shares of the semiconductor company’s stock valued at $1,129,000 after buying an additional 5,070 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in Enphase Energy by 523.2% in the first quarter. Allspring Global Investments Holdings LLC now owns 67,401 shares of the semiconductor company’s stock valued at $4,205,000 after buying an additional 56,586 shares in the last quarter. First Horizon Advisors Inc. boosted its position in Enphase Energy by 83.0% in the first quarter. First Horizon Advisors Inc. now owns 569 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 258 shares in the last quarter. Finally, Teacher Retirement System of Texas acquired a new stake in Enphase Energy in the first quarter valued at approximately $1,609,000. Institutional investors and hedge funds own 72.12% of the company’s stock.

Insider Transactions at Enphase Energy

In other news, CEO Badrinarayanan Kothandaraman bought 5,000 shares of the stock in a transaction that occurred on Wednesday, August 6th. The stock was acquired 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 directly owned 1,620,632 shares of the company’s stock, valued at approximately $49,947,878.24. This represents a 0.31% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Insiders own 3.10% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. JPMorgan Chase & Co. cut their target price on shares of Enphase Energy from $40.00 to $37.00 and set a “neutral” rating on the stock in a research report on Wednesday. Zacks Research upgraded shares of Enphase Energy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 1st. Citigroup cut their target price on shares of Enphase Energy from $32.00 to $31.00 and set a “sell” rating on the stock in a research report on Wednesday. Royal Bank Of Canada cut their target price on shares of Enphase Energy from $33.00 to $31.00 and set a “sector perform” rating on the stock in a research report on Wednesday. Finally, Barclays raised their target price on shares of Enphase Energy from $29.00 to $33.00 and gave the company an “underweight” rating in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, thirteen have given a Hold rating and thirteen have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $44.71.

Enphase Energy Price Performance

ENPH stock opened at $30.13 on Friday. The company has a fifty day moving average price of $36.99 and a 200-day moving average price of $39.86. The company has a market capitalization of $3.94 billion, a P/E ratio of 20.78 and a beta of 1.56. Enphase Energy, Inc. has a 52-week low of $29.89 and a 52-week high of $89.95. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.82 and a current ratio of 2.04.

Enphase Energy (NASDAQ:ENPH) last released its quarterly earnings results on Tuesday, October 28th. The semiconductor company reported $0.90 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $410.43 million during the quarter, compared to the consensus estimate of $364.64 million. During the same quarter last year, the firm earned $0.65 earnings per share. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. Enphase Energy has set its Q4 2025 guidance at EPS. As a group, equities analysts expect that Enphase Energy, Inc. will post 2.08 EPS for the current 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.