Mitsubishi UFJ Asset Management Co. Ltd. Buys 6,472 Shares of Enphase Energy, Inc. $ENPH

Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of Enphase Energy, Inc. (NASDAQ:ENPH) by 4.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 155,288 shares of the semiconductor company’s stock after purchasing an additional 6,472 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Enphase Energy were worth $6,157,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of ENPH. Nisa Investment Advisors LLC lifted its position in shares of Enphase Energy by 93.7% during the 1st quarter. Nisa Investment Advisors LLC now owns 13,330 shares of the semiconductor company’s stock valued at $827,000 after buying an additional 6,449 shares during the last quarter. Mutual of America Capital Management LLC raised its stake in Enphase Energy by 18.6% in the 1st quarter. Mutual of America Capital Management LLC now owns 19,194 shares of the semiconductor company’s stock valued at $1,191,000 after acquiring an additional 3,012 shares during the period. CWM LLC lifted its holdings in Enphase Energy by 65.2% during the first quarter. CWM LLC now owns 10,021 shares of the semiconductor company’s stock valued at $622,000 after purchasing an additional 3,954 shares during the last quarter. Wealthfront Advisers LLC boosted its position in Enphase Energy by 1,047.0% during the first quarter. Wealthfront Advisers LLC now owns 56,064 shares of the semiconductor company’s stock worth $3,479,000 after purchasing an additional 51,176 shares during the period. Finally, Larson Financial Group LLC increased its stake in shares of Enphase Energy by 111.7% in the first quarter. Larson Financial Group LLC now owns 2,075 shares of the semiconductor company’s stock worth $129,000 after purchasing an additional 1,095 shares in the last quarter. Institutional investors own 72.12% of the company’s stock.

Insider Transactions at Enphase Energy

In related news, CEO Badrinarayanan Kothandaraman purchased 5,000 shares of the business’s stock in a transaction on Monday, November 10th. The stock was acquired at an average price of $30.69 per share, with a total value of $153,450.00. Following the purchase, the chief executive officer directly owned 1,635,632 shares in the company, valued at approximately $50,197,546.08. This represents a 0.31% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 3.10% of the stock is currently owned by insiders.

Enphase Energy Price Performance

NASDAQ:ENPH opened at $30.71 on Thursday. Enphase Energy, Inc. has a 52-week low of $28.86 and a 52-week high of $78.26. The stock has a fifty day moving average of $35.76 and a 200 day moving average of $38.53. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.82 and a current ratio of 2.04. The firm has a market capitalization of $4.02 billion, a price-to-earnings ratio of 21.18 and a beta of 1.63.

Enphase Energy (NASDAQ:ENPH) last released its quarterly earnings results on Tuesday, October 28th. The semiconductor company reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.30. The firm had revenue of $410.43 million for the quarter, compared to analysts’ expectations of $364.64 million. Enphase Energy had a return on equity of 25.67% and a net margin of 12.93%.The company’s revenue was up 7.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.65 EPS. Enphase Energy has set its Q4 2025 guidance at EPS. On average, research analysts expect that Enphase Energy, Inc. will post 2.08 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

ENPH has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Enphase Energy from $49.00 to $42.00 and set a “hold” rating on the stock in a research note on Thursday, July 24th. Oppenheimer set a $67.00 target price on Enphase Energy and gave the stock an “outperform” rating in a research report on Wednesday, October 29th. Zacks Research lowered Enphase Energy from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 30th. Wall Street Zen lowered Enphase Energy from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. Finally, Wells Fargo & Company increased their price objective on Enphase Energy from $42.00 to $45.00 and gave the stock an “overweight” rating in a report on Thursday, July 24th. Six 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 an average rating of “Reduce” and an average price target of $41.76.

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.