Enphase Energy, Inc. $ENPH Stake Raised by Federation des caisses Desjardins du Quebec

Federation des caisses Desjardins du Quebec lifted its position in Enphase Energy, Inc. (NASDAQ:ENPH - Free Report) by 222.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,468 shares of the semiconductor company's stock after purchasing an additional 12,745 shares during the period. Federation des caisses Desjardins du Quebec's holdings in Enphase Energy were worth $1,147,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the stock. Woodline Partners LP bought a new position in Enphase Energy during the fourth quarter valued at $557,000. Teacher Retirement System of Texas purchased a new position in Enphase Energy during the 1st quarter valued at about $1,609,000. Maxi Investments CY Ltd increased 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 valued at $3,258,000 after purchasing an additional 45,500 shares during the period. QRG Capital Management Inc. purchased a new position in shares of Enphase Energy in the 1st quarter worth approximately $512,000. Finally, Bouvel Investment Partners LLC purchased a new position in shares of Enphase Energy in the 1st quarter worth approximately $847,000. 72.12% of the stock is owned by hedge funds and other institutional investors.

Enphase Energy Trading Up 0.8%

Shares of NASDAQ:ENPH traded up $0.31 during trading on Friday, reaching $37.63. 6,463,199 shares of the stock were exchanged, compared to its average volume of 7,326,837. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.82 and a current ratio of 1.97. Enphase Energy, Inc. has a 12-month low of $29.89 and a 12-month high of $126.19. The firm has a market cap of $4.92 billion, a price-to-earnings ratio of 29.40 and a beta of 1.52. The firm's 50-day moving average price is $36.75 and its 200 day moving average price is $45.05.

Enphase Energy (NASDAQ:ENPH - Get Free Report) last released its earnings results on Tuesday, July 22nd. The semiconductor company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.62 by $0.07. The company had revenue of $363.15 million during the quarter, compared to analysts' expectations of $359.14 million. Enphase Energy had a return on equity of 24.55% and a net margin of 11.78%.The business's revenue was up 19.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.43 EPS. Enphase Energy has set its Q3 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.

Insider Activity

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

Analyst Ratings Changes

ENPH has been the subject of several analyst reports. Mizuho decreased their target price on shares of Enphase Energy from $53.00 to $50.00 and set an "outperform" rating for the company in a research note on Monday, July 14th. JPMorgan Chase & Co. reissued a "neutral" rating and issued a $37.00 price objective (down previously from $64.00) on shares of Enphase Energy in a report on Tuesday, July 15th. The Goldman Sachs Group reaffirmed a "sell" rating and set a $32.00 target price (down previously from $77.00) on shares of Enphase Energy in a research note on Wednesday, July 9th. Bank of America reduced 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, Wall Street Zen cut shares of Enphase Energy from a "buy" rating to a "hold" rating in a report on Saturday, September 6th. Ten 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. According to data from MarketBeat, the stock presently has an average rating of "Reduce" and an average price target of $55.48.

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.