Enphase Energy, Inc. $ENPH Stock Position Decreased by WINTON GROUP Ltd

Key Points

• WINTON GROUP Ltd cut its Enphase Energy stake by 75.7% in the fourth quarter, selling 86,874 shares and leaving it with 27,822 shares valued at about $892,000.
• Enphase Energy fell 5.9% in the latest session, even as the stock has moved near the upper end of its 52-week range and remains above its 50-day and 200-day moving averages.
• The company recently beat quarterly EPS estimates with $0.47 per share, but revenue still declined 20.6% year over year; analysts currently rate the stock a consensus Hold with an average price target of $44.24.

WINTON GROUP Ltd lessened its holdings in shares of Enphase Energy, Inc. (NASDAQ:ENPH - Free Report) by 75.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 27,822 shares of the semiconductor company's stock after selling 86,874 shares during the period. WINTON GROUP Ltd's holdings in Enphase Energy were worth $892,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Vanguard Group Inc. grew its position in shares of Enphase Energy by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 16,329,647 shares of the semiconductor company's stock valued at $523,365,000 after buying an additional 246,876 shares during the last quarter. Norges Bank bought a new stake in shares of Enphase Energy during the 4th quarter valued at about $118,190,000. Geode Capital Management LLC grew its position in shares of Enphase Energy by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 2,510,509 shares of the semiconductor company's stock valued at $80,478,000 after buying an additional 11,220 shares during the last quarter. Coatue Management LLC grew its position in shares of Enphase Energy by 95.3% during the 3rd quarter. Coatue Management LLC now owns 1,647,893 shares of the semiconductor company's stock valued at $58,319,000 after buying an additional 803,945 shares during the last quarter. Finally, First Trust Advisors LP grew its position in shares of Enphase Energy by 5.0% during the 3rd quarter. First Trust Advisors LP now owns 1,050,158 shares of the semiconductor company's stock valued at $37,165,000 after buying an additional 49,745 shares during the last quarter. Institutional investors own 72.12% of the company's stock.

Enphase Energy Trading Down 5.9%

Enphase Energy stock opened at $53.51 on Wednesday. Enphase Energy, Inc. has a 12-month low of $25.77 and a 12-month high of $73.74. The stock has a market capitalization of $7.05 billion, a PE ratio of 52.98 and a beta of 1.60. The firm has a 50 day simple moving average of $44.55 and a 200-day simple moving average of $40.29. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.80 and a quick ratio of 3.20.

Enphase Energy (NASDAQ:ENPH - Get Free Report) last released its earnings results on Tuesday, April 28th. The semiconductor company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.43 by $0.04. Enphase Energy had a net margin of 9.64% and a return on equity of 16.88%. The business had revenue of $282.90 million during the quarter, compared to analyst estimates of $282.28 million. During the same period in the prior year, the business earned $0.68 earnings per share. The business's quarterly revenue was down 20.6% on a year-over-year basis. As a group, equities research analysts expect that Enphase Energy, Inc. will post 0.84 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on ENPH shares. Jefferies Financial Group lowered their price objective on shares of Enphase Energy from $57.00 to $54.00 and set a "buy" rating for the company in a research report on Thursday, March 26th. The Goldman Sachs Group upped their target price on shares of Enphase Energy from $51.00 to $57.00 and gave the stock a "buy" rating in a research report on Wednesday, May 20th. UBS Group set a $85.00 target price on shares of Enphase Energy in a research report on Friday, May 22nd. Susquehanna decreased their target price on shares of Enphase Energy from $36.00 to $32.00 and set a "neutral" rating for the company in a research report on Thursday, April 30th. Finally, Weiss Ratings cut shares of Enphase Energy from a "sell (d+)" rating to a "sell (d)" rating in a research report on Friday. Nine analysts have rated the stock with a Buy rating, ten have given a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $44.24.

Insider Activity at Enphase Energy

In related news, Director Richard Mora sold 700 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $64.20, for a total transaction of $44,940.00. Following the completion of the sale, the director directly owned 13,922 shares of the company's stock, valued at $893,792.40. This represents a 4.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Thurman J. Rodgers sold 137,250 shares of the stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $43.61, for a total transaction of $5,985,472.50. Following the sale, the director directly owned 1,597,641 shares of the company's stock, valued at approximately $69,673,124.01. This represents a 7.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 138,650 shares of company stock valued at $6,062,886 over the last ninety days. Insiders own 2.90% of the company's stock.

Enphase Energy News Roundup

Here are the key news stories impacting Enphase Energy this week:

• Positive Sentiment: TD Cowen reportedly raised its price target on Enphase to $70 from $35, signaling stronger confidence in the company’s outlook and helping fuel the recent rally. This Analyst Just Upped Their Price Target on Enphase Energy. Here's Why.
• Positive Sentiment: Shares also benefited from a broader rebound in the industrial/clean-energy space, with traders citing a read-through from AI-driven capital expenditure and market-wide risk appetite. Enphase, Hillman, and Herc Shares Skyrocket, What You Need To Know
• Positive Sentiment: A new report highlighted Enphase reaching a fresh 52-week high after Goldman Sachs’ comments on AI data center demand sparked a rally across related stocks. Enphase charges to a new 52-week high as Goldman's AI data center call ignites rally
• Neutral Sentiment: Enphase continues to draw heavy investor attention and search activity, which can support trading volume but does not by itself change fundamentals. Investors Heavily Search Enphase Energy, Inc. (ENPH): Here is What You Need to Know
• Neutral Sentiment: Short-interest data was reported with no meaningful change, suggesting no new bearish positioning signal from that update.
• Negative Sentiment: The stock also experienced a pullback in the latest session, with reports noting Enphase fell more than the broader market amid day-to-day volatility. Enphase Energy (ENPH) Dips More Than Broader Market: What You Should Know
• Negative Sentiment: Another market wrap noted Enphase trading lower alongside other stocks, reflecting some profit-taking after the recent surge. Corning, Enphase, and Plug Power stocks trade down, what you need to know

Enphase Energy Company Profile

Enphase Energy is a global energy technology company that specializes in solar microinverters, energy storage systems and energy management software. Its core business centers on converting direct current (DC) power generated by solar panels into alternating current (AC) power suitable for use in residential and commercial applications. By integrating hardware and software solutions, Enphase Energy aims to improve solar energy yield, enhance system reliability and provide real-time monitoring capabilities to its customers.

The company's product portfolio includes its IQ Series microinverters, which attach to individual solar panels to optimize performance at the module level and reduce the impact of shading or system failures.

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