Baader Bank Aktiengesellschaft Purchases New Stake in Enphase Energy, Inc. $ENPH

Key Points

• Baader Bank Aktiengesellschaft has invested approximately $824,000 in Enphase Energy by acquiring 21,272 shares.
• Enphase Energy's stock has faced downgrades from several analysts, with Goldman Sachs setting a target price of $32.00, down from $77.00.
• The company's recent quarterly earnings report showed a 19.7% increase in revenue year-over-year, with earnings per share beating analyst expectations.

Baader Bank Aktiengesellschaft acquired a new position in Enphase Energy, Inc. (NASDAQ:ENPH - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 21,272 shares of the semiconductor company's stock, valued at approximately $824,000.

A number of other hedge funds have also recently added to or reduced their stakes in ENPH. Woodline Partners LP acquired a new position in Enphase Energy during the fourth quarter valued at approximately $557,000. Teacher Retirement System of Texas acquired a new position in Enphase Energy during the first quarter valued at approximately $1,609,000. Maxi Investments CY Ltd grew its holdings in Enphase Energy by 650.0% during the first quarter. Maxi Investments CY Ltd now owns 52,500 shares of the semiconductor company's stock valued at $3,258,000 after purchasing an additional 45,500 shares during the last quarter. QRG Capital Management Inc. acquired a new position in Enphase Energy during the first quarter valued at approximately $512,000. Finally, Bouvel Investment Partners LLC acquired a new position in Enphase Energy during the first quarter valued at approximately $847,000. Institutional investors and hedge funds own 72.12% of the company's stock.

Insider Activity

In related news, CEO Badrinarayanan Kothandaraman acquired 5,000 shares of the company's stock in a transaction dated Wednesday, August 6th. The shares were bought at an average price of $30.82 per share, for a total transaction of $154,100.00. Following the purchase, 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 can be accessed through this link. 3.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

ENPH has been the topic of several analyst reports. The Goldman Sachs Group reiterated a "sell" rating and set a $32.00 price target (down previously from $77.00) on shares of Enphase Energy in a report on Wednesday, July 9th. Barclays raised their price objective on shares of Enphase Energy from $28.00 to $29.00 and gave the stock an "underweight" rating in a research note on Thursday, July 24th. Royal Bank Of Canada set a $28.00 price objective on shares of Enphase Energy and gave the stock a "sector perform" rating in a research note on Wednesday, June 18th. Susquehanna lowered their price objective on shares of Enphase Energy from $51.00 to $40.00 and set a "neutral" rating on the stock in a research note on Monday, July 21st. Finally, Citigroup decreased their price target on shares of Enphase Energy from $47.00 to $43.00 and set a "sell" rating on the stock in a research note on Thursday, June 5th. Ten research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and twelve have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Reduce" and an average target price of $55.54.

Enphase Energy Trading Down 0.1%

Shares of Enphase Energy stock traded down $0.02 during trading on Friday, hitting $38.42. 41,389,703 shares of the company were exchanged, compared to its average volume of 6,391,874. The firm has a market capitalization of $5.02 billion, a P/E ratio of 30.02 and a beta of 1.52. Enphase Energy, Inc. has a 1-year low of $29.89 and a 1-year high of $118.13. The firm's fifty day moving average price is $36.38 and its 200 day moving average price is $44.39. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.97 and a quick ratio of 1.82.

Enphase Energy (NASDAQ:ENPH - Get Free Report) last issued its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.07. Enphase Energy had a return on equity of 24.55% and a net margin of 11.78%.The business had revenue of $363.15 million during the quarter, compared to analyst estimates of $359.14 million. During the same period in the previous year, the firm earned $0.43 EPS. Enphase Energy's quarterly revenue was up 19.7% compared to the same quarter last year. Enphase Energy has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect 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.