Aberdeen Group plc Has $901,000 Stock Holdings in Enphase Energy, Inc. $ENPH

Key Points

• Aberdeen Group plc significantly reduced its stake in Enphase Energy by 97.4% during Q1, now owning only 14,867 shares, valued at approximately $901,000.
• CEO Badrinarayanan Kothandaraman acquired 5,000 shares of Enphase Energy at $30.82 each, increasing his ownership to 1,620,632 shares, valued at nearly $50 million.
• Enphase Energy's stock is currently down 3.1%, with various analysts maintaining a mixed outlook, reflecting target price adjustments and ratings ranging from "buy" to "sell."

Aberdeen Group plc lessened its holdings in shares of Enphase Energy, Inc. (NASDAQ:ENPH - Free Report) by 97.4% in the first quarter, according to its most recent filing with the SEC. The firm owned 14,867 shares of the semiconductor company's stock after selling 554,030 shares during the period. Aberdeen Group plc's holdings in Enphase Energy were worth $901,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Woodline Partners LP acquired a new stake in Enphase Energy during the 4th quarter worth $557,000. Teacher Retirement System of Texas bought a new stake in Enphase Energy during the 1st quarter worth about $1,609,000. QRG Capital Management Inc. bought a new stake in Enphase Energy during the 1st quarter worth about $512,000. Maxi Investments CY Ltd lifted its position in Enphase Energy by 650.0% during the 1st quarter. Maxi Investments CY Ltd now owns 52,500 shares of the semiconductor company's stock worth $3,258,000 after buying an additional 45,500 shares in the last quarter. Finally, Bouvel Investment Partners LLC bought a new stake in shares of Enphase Energy in the 1st quarter valued at about $847,000. Institutional investors and hedge funds own 72.12% of the company's stock.

Enphase Energy Stock Performance

Shares of NASDAQ:ENPH traded down $0.22 on Tuesday, reaching $38.01. 3,911,334 shares of the company's stock were exchanged, compared to its average volume of 6,670,650. The company has a fifty day moving average of $37.10 and a 200-day moving average of $47.52. Enphase Energy, Inc. has a twelve month low of $29.89 and a twelve month high of $126.19. The company has a market capitalization of $4.97 billion, a price-to-earnings ratio of 29.79 and a beta of 1.59. The company has a current ratio of 1.97, a quick ratio of 1.82 and a debt-to-equity ratio of 0.65.

Enphase Energy (NASDAQ:ENPH - Get Free Report) last announced its 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. Enphase Energy had a net margin of 11.78% and a return on equity of 24.55%. The firm had revenue of $363.15 million for the quarter, compared to analyst estimates of $359.14 million. During the same quarter in the prior year, the business posted $0.43 EPS. The business's revenue was up 19.7% compared to the same quarter last year. Enphase Energy has set its Q3 2025 guidance at EPS. On average, research analysts predict that Enphase Energy, Inc. will post 2.08 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on ENPH shares. TD Cowen dropped their target price on shares of Enphase Energy from $45.00 to $40.00 and set a "hold" rating on the stock in a report on Wednesday, July 23rd. BNP Paribas Exane cut shares of Enphase Energy from a "neutral" rating to an "underperform" rating and set a $40.00 target price on the stock. in a report on Tuesday, May 13th. Jefferies Financial Group raised shares of Enphase Energy from an "underperform" rating to a "hold" rating and upped their target price for the company from $28.00 to $36.00 in a report on Thursday, August 21st. Bank of America dropped their target price 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. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Enphase Energy from $49.00 to $42.00 and set a "hold" rating on the stock in a report on Thursday, July 24th. Ten analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and twelve have issued a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Reduce" and a consensus target price of $55.48.

Insider Activity

In other Enphase Energy news, CEO Badrinarayanan Kothandaraman bought 5,000 shares of the firm's stock in a transaction on Wednesday, August 6th. The shares were purchased at an average price of $30.82 per share, for a total transaction of $154,100.00. Following the transaction, the chief executive officer directly owned 1,620,632 shares in the company, valued at approximately $49,947,878.24. This trade represents a 0.31% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 3.10% of the stock is currently owned by 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.