Graham Capital Management L.P. Acquires Shares of 27,226 Enphase Energy, Inc. $ENPH

Key Points

• Graham Capital Management L.P. acquired a new position in Enphase Energy, Inc. for approximately $1.69 million, purchasing 27,226 shares in the first quarter.
• Enphase Energy reported an EPS of $0.69 for the last quarter, exceeding the consensus estimate of $0.62, with revenues of $363.15 million, which was higher than expected.
• Despite some hedge fund activity, analysts remain cautious, with ratings ranging from "buy" to "sell," and the average price target now at $55.48.

Graham Capital Management L.P. acquired a new stake in Enphase Energy, Inc. (NASDAQ:ENPH - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 27,226 shares of the semiconductor company's stock, valued at approximately $1,689,000.

Several other hedge funds have also added to or reduced their stakes in ENPH. Mercer Global Advisors Inc. ADV raised its holdings in Enphase Energy by 154.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 12,676 shares of the semiconductor company's stock valued at $871,000 after acquiring an additional 7,696 shares in the last quarter. AXA S.A. raised its holdings in Enphase Energy by 181.0% in the 4th quarter. AXA S.A. now owns 11,385 shares of the semiconductor company's stock valued at $782,000 after acquiring an additional 7,334 shares in the last quarter. Aptus Capital Advisors LLC acquired a new position in Enphase Energy in the 4th quarter valued at $213,000. Baker Avenue Asset Management LP raised its holdings in Enphase Energy by 17.2% in the 4th quarter. Baker Avenue Asset Management LP now owns 3,451 shares of the semiconductor company's stock valued at $237,000 after acquiring an additional 507 shares in the last quarter. Finally, Bridgefront Capital LLC acquired a new position in Enphase Energy in the 4th quarter valued at $216,000. 72.12% of the stock is owned by institutional investors and hedge funds.

Enphase Energy Stock Up 8.6%

Shares of Enphase Energy stock traded up $3.13 on Friday, hitting $39.65. The company had a trading volume of 10,680,065 shares, compared to its average volume of 7,315,799. The stock has a market capitalization of $5.18 billion, a price-to-earnings ratio of 30.98 and a beta of 1.52. Enphase Energy, Inc. has a 1 year low of $29.89 and a 1 year high of $126.19. The stock has a 50 day moving average of $37.10 and a 200-day moving average of $46.00. 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 (NASDAQ:ENPH - Get Free Report) last issued its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.62 by $0.07. The firm had revenue of $363.15 million during the quarter, compared to the consensus estimate of $359.14 million. Enphase Energy had a return on equity of 24.55% and a net margin of 11.78%.The company's quarterly revenue was up 19.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.43 earnings per share. Enphase Energy has set its Q3 2025 guidance at EPS. As a group, sell-side analysts forecast that Enphase Energy, Inc. will post 2.08 earnings per share for the current year.

Wall Street Analyst Weigh In

ENPH has been the subject of several analyst reports. BNP Paribas Exane cut Enphase Energy from a "neutral" rating to an "underperform" rating and set a $40.00 price objective for the company. in a report on Tuesday, May 13th. Royal Bank Of Canada set a $28.00 price objective on Enphase Energy and gave the stock a "sector perform" rating in a research report on Wednesday, June 18th. Citigroup reduced their price target on Enphase Energy from $47.00 to $43.00 and set a "sell" rating on the stock in a research report on Thursday, June 5th. BNP Paribas lowered Enphase Energy from an "outperform" rating to an "underperform" rating in a research report on Tuesday, May 13th. Finally, Johnson Rice lowered Enphase Energy from a "buy" rating to an "accumulate" rating and set a $45.00 price target on the stock. in a research report on Wednesday, July 30th. Ten equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and twelve have assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of "Reduce" and a consensus target price of $55.48.

Insider Activity at Enphase Energy

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

About Enphase Energy

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.