FORA Capital LLC Invests $2.15 Million in Enphase Energy, Inc. $ENPH

Key Points

• FORA Capital LLC bought a new stake of 60,628 Enphase shares valued at about $2.15 million during the third quarter.
• Enphase posted an EPS beat ($0.71 vs. $0.52 est.) and $343.3M revenue (down 10.3% YoY), but analyst views are mixed—the consensus is a "Hold" with an average target of $43.28 and price targets ranging roughly $30–$55.
• The company faces a significant legal overhang with multiple securities‑class actions covering April–Oct 2025 (lead‑plaintiff deadline Apr 20, 2026), while insiders showed mixed signals: the CEO bought 5,000 shares and a director sold 1,100 shares.

FORA Capital LLC bought a new stake in shares of Enphase Energy, Inc. (NASDAQ:ENPH - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 60,628 shares of the semiconductor company's stock, valued at approximately $2,146,000.

Several other hedge funds and other institutional investors also recently modified their holdings of ENPH. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in Enphase Energy by 431.9% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 633 shares of the semiconductor company's stock worth $25,000 after buying an additional 514 shares during the period. Salomon & Ludwin LLC grew its holdings in shares of Enphase Energy by 761.0% during the 3rd quarter. Salomon & Ludwin LLC now owns 861 shares of the semiconductor company's stock worth $32,000 after acquiring an additional 761 shares during the period. Geneos Wealth Management Inc. raised its position in shares of Enphase Energy by 199.7% in the 3rd quarter. Geneos Wealth Management Inc. now owns 920 shares of the semiconductor company's stock worth $33,000 after acquiring an additional 613 shares in the last quarter. Zions Bancorporation National Association UT purchased a new position in shares of Enphase Energy in the 3rd quarter valued at approximately $40,000. Finally, Manchester Capital Management LLC lifted its stake in shares of Enphase Energy by 24,040.0% in the 2nd quarter. Manchester Capital Management LLC now owns 1,207 shares of the semiconductor company's stock valued at $48,000 after purchasing an additional 1,202 shares during the period. Hedge funds and other institutional investors own 72.12% of the company's stock.

Key Enphase Energy News

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

• Positive Sentiment: Goldman Sachs reiterated a Buy rating on ENPH, supporting investor confidence in the company’s recovery and providing an analyst endorsement that can attract buyers. Goldman Sachs Sticks to Its Buy Rating for Enphase Energy (ENPH)
• Positive Sentiment: Vistra expanded its Texas virtual power plant program to integrate Enphase IQ Batteries, validating Enphase’s battery products in utility VPP deployments and highlighting potential recurring revenue/uptake for residential batteries. Vistra Expands Texas VPP With Enphase As Valuation Signals Upside Potential
• Positive Sentiment: Analyst/industry commentary (Seeking Alpha) points to meaningful product improvements — a 5th‑gen battery platform (lower cost, higher density) and IQ9 GaN microinverters that increase tax‑credit eligibility — which could restore margins and boost competitiveness. Enphase's Comeback Is Already Underway
• Positive Sentiment: Institutional buying: Greenvale increased its stake (reported ~$75M position), signaling investor interest from a fund that sees value after recent weakness. Institutional purchases can support the stock and limit downside. Solar Stock Down 30% in a Year, but a New $75 Million Bet Suggests This Fund Sees Opportunity
• Neutral Sentiment: Recent market‑data writeups note short‑term volatility: ENPH has experienced pullbacks and rebounds, with commentary highlighting mixed momentum and valuation reassessments — useful context but not new company fundamentals. Enphase Energy (ENPH) Declines More Than Market: Some Information for Investors
• Negative Sentiment: Major legal overhang: multiple law firms and firms (Pomerantz, Rosen, Schall, Faruqi, Bronstein Gewirtz & Grossman, Bernstein Liebhard, DJS, ClaimsFiler, SueWallSt) have filed or issued shareholder alerts for a securities‑class action covering April 22–Oct 28, 2025; April 20, 2026 is the lead‑plaintiff deadline. The proliferation of suits creates litigation risk, potential settlement exposure and headline risk that can cap valuation until resolved. Pomerantz Law Firm Announces the Filing of a Class Action Against Enphase Energy, Inc. and Certain Officers - ENPH

Insiders Place Their Bets

In other Enphase Energy news, CEO Badrinarayanan Kothandaraman acquired 5,000 shares of Enphase Energy stock in a transaction that occurred on Thursday, February 5th. The stock was bought at an average cost of $51.98 per share, for a total transaction of $259,900.00. Following the acquisition, the chief executive officer owned 1,640,632 shares of the company's stock, valued at $85,280,051.36. This represents a 0.31% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Richard Mora sold 1,100 shares of the business's stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $52.05, for a total value of $57,255.00. Following the completion of the transaction, the director directly owned 9,370 shares of the company's stock, valued at approximately $487,708.50. This trade represents a 10.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 3.10% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on ENPH shares. Roth Mkm reaffirmed a "buy" rating and issued a $55.00 price target (up from $45.00) on shares of Enphase Energy in a research note on Wednesday, February 4th. Royal Bank Of Canada raised Enphase Energy from a "sector perform" rating to an "outperform" rating and set a $54.00 price objective for the company in a research report on Wednesday, February 4th. Susquehanna restated a "neutral" rating and set a $46.00 target price on shares of Enphase Energy in a report on Wednesday, February 4th. TD Cowen upped their target price on shares of Enphase Energy from $35.00 to $40.00 and gave the stock a "hold" rating in a research report on Wednesday, February 4th. Finally, Morgan Stanley reiterated an "underweight" rating and issued a $30.00 price target on shares of Enphase Energy in a research note on Wednesday, February 4th. Ten research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and nine have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $43.28.

Enphase Energy Trading Up 3.5%

NASDAQ:ENPH opened at $44.07 on Friday. The stock has a market cap of $5.78 billion, a price-to-earnings ratio of 34.16 and a beta of 1.35. The company has a quick ratio of 1.84, a current ratio of 2.07 and a debt-to-equity ratio of 0.53. The company's 50 day moving average price is $41.58 and its 200-day moving average price is $36.52. Enphase Energy, Inc. has a 52 week low of $25.77 and a 52 week high of $64.46.

Enphase Energy (NASDAQ:ENPH - Get Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The semiconductor company reported $0.71 earnings per share for the quarter, topping analysts' consensus estimates of $0.52 by $0.19. Enphase Energy had a net margin of 11.69% and a return on equity of 20.31%. The company had revenue of $343.32 million during the quarter, compared to analyst estimates of $340.45 million. During the same period in the previous year, the business earned $0.94 EPS. The firm's revenue for the quarter was down 10.3% on a year-over-year basis. On average, equities research analysts forecast that Enphase Energy, Inc. will post 2.08 earnings per share for the current fiscal year.

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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