Algert Global LLC Takes Position in Enphase Energy, Inc. $ENPH

Algert Global LLC purchased a new stake in Enphase Energy, Inc. (NASDAQ:ENPH) during the first quarter, Holdings Channel reports. The firm purchased 48,170 shares of the semiconductor company’s stock, valued at approximately $2,989,000.

A number of other institutional investors have also modified their holdings of ENPH. GeoWealth Management LLC boosted its holdings in shares of Enphase Energy by 56.3% in the 4th quarter. GeoWealth Management LLC now owns 891 shares of the semiconductor company’s stock valued at $61,000 after buying an additional 321 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Enphase Energy by 15.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 586,383 shares of the semiconductor company’s stock worth $40,279,000 after purchasing an additional 77,149 shares in the last quarter. Norinchukin Bank The boosted its stake in Enphase Energy by 6.0% in the 4th quarter. Norinchukin Bank The now owns 5,754 shares of the semiconductor company’s stock worth $395,000 after purchasing an additional 328 shares in the last quarter. MetLife Investment Management LLC boosted its stake in Enphase Energy by 0.9% in the 4th quarter. MetLife Investment Management LLC now owns 41,504 shares of the semiconductor company’s stock worth $2,850,000 after purchasing an additional 361 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in Enphase Energy by 46.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 15,066 shares of the semiconductor company’s stock worth $1,035,000 after purchasing an additional 4,771 shares in the last quarter. 72.12% of the stock is currently owned by institutional investors.

Enphase Energy Stock Performance

ENPH opened at $35.68 on Thursday. Enphase Energy, Inc. has a 12-month low of $29.89 and a 12-month high of $130.08. The company has a current ratio of 1.97, a quick ratio of 1.82 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $4.67 billion, a PE ratio of 27.88 and a beta of 1.59. The firm has a 50 day moving average of $37.60 and a two-hundred day moving average of $48.34.

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

Wall Street Analyst Weigh In

ENPH has been the subject of a number of recent analyst reports. Truist Financial lowered their target price on shares of Enphase Energy from $65.00 to $49.00 and set a “hold” rating for the company in a research note on Thursday, April 24th. Johnson Rice cut shares of Enphase Energy from a “buy” rating to an “accumulate” rating and set a $45.00 target price for the company. in a research note on Wednesday, July 30th. DZ Bank cut shares of Enphase Energy from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 23rd. Citigroup lowered their target price on shares of Enphase Energy from $47.00 to $43.00 and set a “sell” rating for the company in a research note on Thursday, June 5th. Finally, Guggenheim reissued a “sell” rating and set a $33.00 price target on shares of Enphase Energy in a research report on Wednesday, April 23rd. Ten analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and thirteen have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $55.22.

Insider Buying and Selling at Enphase Energy

In other news, CEO Badrinarayanan Kothandaraman bought 5,000 shares of the business’s stock in a transaction dated Wednesday, August 6th. The stock was purchased at an average cost of $30.82 per share, with a total value of $154,100.00. Following the acquisition, the chief executive officer directly owned 1,620,632 shares in the company, valued at $49,947,878.24. This trade represents a 0.31% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 3.10% of the stock is currently owned by company insiders.

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.