Jupiter Asset Management Ltd. Makes New $2.76 Million Investment in Enphase Energy, Inc. $ENPH

Jupiter Asset Management Ltd. bought a new stake in Enphase Energy, Inc. (NASDAQ:ENPH) during the second quarter, Holdings Channel.com reports. The firm bought 69,703 shares of the semiconductor company’s stock, valued at approximately $2,764,000.

A number of other hedge funds have also modified their holdings of the business. ProShare Advisors LLC boosted its stake in Enphase Energy by 29.4% during the second quarter. ProShare Advisors LLC now owns 55,319 shares of the semiconductor company’s stock worth $2,193,000 after buying an additional 12,577 shares during the period. Acadian Asset Management LLC raised its holdings in Enphase Energy by 9,673.4% in the second quarter. Acadian Asset Management LLC now owns 192,145 shares of the semiconductor company’s stock valued at $7,614,000 after acquiring an additional 190,179 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of Enphase Energy by 4.3% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 155,288 shares of the semiconductor company’s stock worth $6,157,000 after purchasing an additional 6,472 shares during the last quarter. Los Angeles Capital Management LLC purchased a new stake in Enphase Energy during the 2nd quarter worth about $3,823,000. Finally, AGF Management Ltd. purchased a new position in Enphase Energy in the second quarter valued at approximately $3,009,000. 72.12% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Badrinarayanan Kothandaraman bought 5,000 shares of Enphase Energy stock in a transaction dated Monday, November 10th. The shares were acquired at an average cost of $30.69 per share, with a total value of $153,450.00. Following the completion of the transaction, the chief executive officer owned 1,635,632 shares in the company, valued at approximately $50,197,546.08. This trade represents a 0.31% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.10% of the stock is owned by corporate insiders.

Enphase Energy Stock Performance

Shares of ENPH stock opened at $28.91 on Friday. Enphase Energy, Inc. has a one year low of $28.64 and a one year high of $78.26. The firm has a market capitalization of $3.78 billion, a price-to-earnings ratio of 19.94 and a beta of 1.63. 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 company has a 50 day moving average price of $35.60 and a 200 day moving average price of $38.47.

Enphase Energy (NASDAQ:ENPH) last released its quarterly earnings data on Tuesday, October 28th. The semiconductor company reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.30. The company had revenue of $410.43 million for the quarter, compared to the consensus estimate of $364.64 million. Enphase Energy had a return on equity of 25.67% and a net margin of 12.93%.The company’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period last year, the business posted $0.65 EPS. Enphase Energy has set its Q4 2025 guidance at EPS. Sell-side analysts anticipate that Enphase Energy, Inc. will post 2.08 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on ENPH shares. Evercore ISI set a $33.00 target price on Enphase Energy in a report on Wednesday, October 29th. BMO Capital Markets reissued an “underperform” rating and set a $31.00 price target on shares of Enphase Energy in a report on Wednesday, October 29th. Oppenheimer set a $67.00 target price on Enphase Energy and gave the company an “outperform” rating in a report on Wednesday, October 29th. Barclays upped their price target on Enphase Energy from $29.00 to $33.00 and gave the stock an “underweight” rating in a report on Wednesday, October 8th. Finally, Bank of America reduced their price target on shares of Enphase Energy from $31.00 to $30.00 and set an “underperform” rating on the stock in a report on Wednesday, July 23rd. Six investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and thirteen have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $41.76.

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.