Fjarde AP Fonden Fourth Swedish National Pension Fund Has $50,000 Position in Enphase Energy, Inc. $ENPH

Key Points

• Fjarde AP Fonden Fourth Swedish National Pension Fund significantly reduced its holdings in Enphase Energy by 97.6%, owning only 802 shares after selling 31,968 shares in the first quarter.
• Equity analysts have issued mixed ratings for Enphase Energy, with thirteen sell ratings, thirteen hold, and eleven buy ratings, and a consensus price target around $55.22.
• CEO Badrinarayanan Kothandaraman bought 5,000 shares of Enphase Energy at an average price of $30.82, increasing his ownership by 0.31%.

Fjarde AP Fonden Fourth Swedish National Pension Fund trimmed its position in Enphase Energy, Inc. (NASDAQ:ENPH - Free Report) by 97.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 802 shares of the semiconductor company's stock after selling 31,968 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in Enphase Energy were worth $50,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of ENPH. Farringdon Capital Ltd. bought a new stake in shares of Enphase Energy in the fourth quarter valued at about $225,000. CANADA LIFE ASSURANCE Co boosted its position in Enphase Energy by 38.3% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 212,496 shares of the semiconductor company's stock valued at $14,587,000 after purchasing an additional 58,895 shares during the last quarter. GeoWealth Management LLC boosted its position in Enphase Energy by 56.3% during the fourth quarter. GeoWealth Management LLC now owns 891 shares of the semiconductor company's stock valued at $61,000 after purchasing an additional 321 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in Enphase Energy by 15.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 586,383 shares of the semiconductor company's stock valued at $40,279,000 after purchasing an additional 77,149 shares in the last quarter. Finally, Ossiam grew its stake in Enphase Energy by 19.2% in the fourth quarter. Ossiam now owns 12,517 shares of the semiconductor company's stock valued at $860,000 after purchasing an additional 2,020 shares in the last quarter. 72.12% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have weighed in on ENPH. Royal Bank Of Canada set a $28.00 price target on Enphase Energy and gave the stock a "sector perform" rating in a research report on Wednesday, June 18th. Susquehanna lowered their price target on Enphase Energy from $51.00 to $40.00 and set a "neutral" rating on the stock in a research report on Monday, July 21st. Wells Fargo & Company boosted their price target on Enphase Energy from $42.00 to $45.00 and gave the stock an "overweight" rating in a research report on Thursday, July 24th. Mizuho lowered their price target on Enphase Energy from $53.00 to $50.00 and set an "outperform" rating on the stock in a research report on Monday, July 14th. Finally, TD Cowen lowered their price target on Enphase Energy from $45.00 to $40.00 and set a "hold" rating on the stock in a research report on Wednesday, July 23rd. Ten analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and twelve have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Enphase Energy has a consensus rating of "Reduce" and a consensus price target of $55.48.

Enphase Energy Stock Performance

Shares of Enphase Energy stock traded up $3.6410 on Friday, hitting $38.2210. The stock had a trading volume of 7,637,050 shares, compared to its average volume of 6,678,592. Enphase Energy, Inc. has a twelve month low of $29.89 and a twelve month high of $130.08. The business's 50 day moving average is $37.40 and its two-hundred day moving average is $48.14. 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 stock has a market cap of $5.00 billion, a price-to-earnings ratio of 30.02 and a beta of 1.59.

Enphase Energy (NASDAQ:ENPH - Get Free Report) last posted 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. Enphase Energy had a return on equity of 24.55% and a net margin of 11.78%.The company had revenue of $363.15 million for the quarter, compared to the consensus estimate of $359.14 million. During the same quarter in the prior year, the business earned $0.43 earnings per share. The firm's revenue for the quarter was up 19.7% on a year-over-year basis. Enphase Energy has set its Q3 2025 guidance at EPS. Analysts forecast that Enphase Energy, Inc. will post 2.08 EPS for the current year.

Insiders Place Their Bets

In other Enphase Energy news, CEO Badrinarayanan Kothandaraman bought 5,000 shares of the business's stock in a transaction on Wednesday, August 6th. The stock was purchased at an average cost 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 of the company's stock, valued at approximately $49,947,878.24. This trade represents a 0.31% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 3.10% of the stock is owned by insiders.

Enphase Energy 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.