Y.D. More Investments Ltd Sells 4,170 Shares of Enphase Energy, Inc. $ENPH

Y.D. More Investments Ltd cut its holdings in Enphase Energy, Inc. (NASDAQ:ENPH) by 57.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,100 shares of the semiconductor company’s stock after selling 4,170 shares during the period. Y.D. More Investments Ltd’s holdings in Enphase Energy were worth $123,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Baillie Gifford & Co. raised its holdings in shares of Enphase Energy by 32.0% in the 1st quarter. Baillie Gifford & Co. now owns 11,052,357 shares of the semiconductor company’s stock valued at $685,799,000 after acquiring an additional 2,680,567 shares in the last quarter. Invesco Ltd. grew its stake in Enphase Energy by 15.5% in the 1st quarter. Invesco Ltd. now owns 5,264,521 shares of the semiconductor company’s stock worth $326,664,000 after buying an additional 706,656 shares in the last quarter. Geode Capital Management LLC grew its stake in Enphase Energy by 2.1% in the 2nd quarter. Geode Capital Management LLC now owns 3,542,878 shares of the semiconductor company’s stock worth $140,217,000 after buying an additional 73,459 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in Enphase Energy by 827.3% in the second quarter. Assenagon Asset Management S.A. now owns 1,152,546 shares of the semiconductor company’s stock worth $45,698,000 after purchasing an additional 1,028,259 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Enphase Energy by 8.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,011,771 shares of the semiconductor company’s stock worth $62,780,000 after buying an additional 74,755 shares during the period. Institutional investors own 72.12% of the company’s stock.

Insider Buying and Selling

In related news, CEO Badrinarayanan Kothandaraman purchased 5,000 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The stock was purchased at an average price 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 of the company’s stock, 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 is available at this hyperlink. Insiders own 3.10% of the company’s stock.

Analyst Ratings Changes

ENPH has been the topic of a number of research reports. Citigroup dropped their target price on shares of Enphase Energy from $32.00 to $31.00 and set a “sell” rating on the stock in a report on Wednesday, October 29th. BMO Capital Markets reiterated an “underperform” rating and issued a $31.00 price target on shares of Enphase Energy in a research report on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft lowered their price target on Enphase Energy from $49.00 to $42.00 and set a “hold” rating on the stock in a report on Thursday, July 24th. Weiss Ratings reiterated a “sell (d)” rating on shares of Enphase Energy in a research report on Wednesday, October 8th. Finally, Evercore ISI set a $33.00 price target on Enphase Energy in a research report on Wednesday, October 29th. Six analysts have rated the stock with a Buy rating, twelve have given a Hold rating and thirteen have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Reduce” and an average target price of $41.76.

Enphase Energy Stock Down 1.3%

NASDAQ:ENPH traded down $0.39 during midday trading on Monday, reaching $28.29. The company had a trading volume of 681,536 shares, compared to its average volume of 7,035,498. The firm has a market capitalization of $3.70 billion, a price-to-earnings ratio of 19.60 and a beta of 1.63. The stock’s fifty day simple moving average is $35.38 and its 200-day simple moving average is $38.23. Enphase Energy, Inc. has a 12-month low of $28.14 and a 12-month high of $78.26. The company has a current ratio of 2.04, a quick ratio of 1.82 and a debt-to-equity ratio of 0.57.

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