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Enphase Energy, Inc. $ENPH Shares Acquired by Federation des caisses Desjardins du Quebec

Enphase Energy logo with Energy background

Federation des caisses Desjardins du Quebec grew its stake in Enphase Energy, Inc. (NASDAQ:ENPH - Free Report) by 222.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,468 shares of the semiconductor company's stock after buying 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.

Several other large investors have also added to or reduced their stakes in ENPH. CX Institutional bought a new position in Enphase Energy in the first quarter worth approximately $29,000. First Horizon Advisors Inc. increased its position in Enphase Energy by 83.0% in the first quarter. First Horizon Advisors Inc. now owns 569 shares of the semiconductor company's stock worth $35,000 after buying an additional 258 shares during the last quarter. SVB Wealth LLC purchased a new position in shares of Enphase Energy in the first quarter valued at $38,000. Brooklyn Investment Group grew its position in shares of Enphase Energy by 124.7% in the first quarter. Brooklyn Investment Group now owns 663 shares of the semiconductor company's stock valued at $41,000 after purchasing an additional 368 shares in the last quarter. Finally, Quarry LP bought a new stake in Enphase Energy during the first quarter valued at $70,000. Institutional investors and hedge funds own 72.12% of the company's stock.

Insiders Place Their Bets

In other Enphase Energy news, CEO Badrinarayanan Kothandaraman purchased 5,000 shares of the company's stock in a transaction on Wednesday, August 6th. The stock was acquired at an average price of $30.82 per share, for a total transaction of $154,100.00. Following the completion of the purchase, the chief executive officer directly owned 1,620,632 shares in the company, valued at approximately $49,947,878.24. The trade was a 0.31% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 3.10% of the company's stock.

Analyst Ratings Changes

Several brokerages have issued reports on ENPH. TD Cowen dropped their price target on Enphase Energy from $45.00 to $40.00 and set a "hold" rating for the company in a research note on Wednesday, July 23rd. KeyCorp reaffirmed an "underweight" rating and issued a $31.00 price objective on shares of Enphase Energy in a research report on Tuesday, June 17th. Royal Bank Of Canada set a $28.00 target price on Enphase Energy and gave the stock a "sector perform" rating in a report on Wednesday, June 18th. Mizuho cut their price objective on Enphase Energy from $53.00 to $50.00 and set an "outperform" rating for the company in a research report on Monday, July 14th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on Enphase Energy from $49.00 to $42.00 and set a "hold" rating for the company in a research report on Thursday, July 24th. Ten analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and twelve have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Reduce" and a consensus target price of $55.48.

View Our Latest Stock Report on ENPH

Enphase Energy Price Performance

Shares of NASDAQ:ENPH traded up $0.57 during trading on Friday, reaching $37.89. 4,233,977 shares of the company's stock traded hands, compared to its average volume of 6,643,863. Enphase Energy, Inc. has a fifty-two week low of $29.89 and a fifty-two week high of $126.19. The company has a quick ratio of 1.82, a current ratio of 1.97 and a debt-to-equity ratio of 0.65. The firm has a market cap of $4.95 billion, a PE ratio of 29.53 and a beta of 1.52. The company has a 50-day simple moving average of $36.85 and a 200-day simple moving average of $45.37.

Enphase Energy (NASDAQ:ENPH - Get Free Report) last issued its quarterly earnings results on Tuesday, July 22nd. The semiconductor company reported $0.69 earnings per share for the quarter, beating 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 period last year, the company posted $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, analysts predict that Enphase Energy, Inc. will post 2.08 earnings per share for the current year.

Enphase Energy Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Enphase Energy (NASDAQ:ENPH)

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