Janney Montgomery Scott LLC Buys 32,611 Shares of Enphase Energy, Inc. $ENPH

Key Points

• Janney Montgomery Scott LLC increased its stake in Enphase Energy, Inc. by 224.0%, acquiring an additional 32,611 shares and bringing their total holdings to 47,168 shares valued at approximately $1.87 million.
• Despite the investment, Enphase Energy's stock has seen a decline of 6.6%, trading at $34.27, well below its 12-month high of $102.72.
• The company reported $0.69 EPS for the last quarter, surpassing analysts' estimates, with a revenue of $363.15 million, a 19.7% increase compared to the previous year.

Janney Montgomery Scott LLC increased its stake in shares of Enphase Energy, Inc. (NASDAQ:ENPH - Free Report) by 224.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,168 shares of the semiconductor company's stock after buying an additional 32,611 shares during the quarter. Janney Montgomery Scott LLC's holdings in Enphase Energy were worth $1,870,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. CX Institutional bought a new position in shares of Enphase Energy during the 1st quarter worth approximately $29,000. First Horizon Advisors Inc. lifted its position in shares of Enphase Energy by 83.0% during the 1st 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 period. SVB Wealth LLC bought a new position in shares of Enphase Energy during the 1st quarter worth approximately $38,000. Brooklyn Investment Group lifted its position in shares of Enphase Energy by 124.7% during the 1st quarter. Brooklyn Investment Group now owns 663 shares of the semiconductor company's stock worth $41,000 after buying an additional 368 shares during the period. Finally, Quarry LP acquired a new stake in Enphase Energy during the 1st quarter valued at $70,000. Institutional investors own 72.12% of the company's stock.

Enphase Energy Stock Down 6.6%

Shares of Enphase Energy stock opened at $34.27 on Friday. The company has a quick ratio of 1.82, a current ratio of 1.97 and a debt-to-equity ratio of 0.65. Enphase Energy, Inc. has a 12 month low of $29.89 and a 12 month high of $102.72. The business has a fifty day simple moving average of $36.34 and a 200 day simple moving average of $42.00. The stock has a market cap of $4.48 billion, a PE ratio of 26.77 and a beta of 1.56.

Enphase Energy (NASDAQ:ENPH - Get Free Report) last announced its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $0.69 EPS for the quarter, topping analysts' consensus estimates of $0.62 by $0.07. Enphase Energy had a return on equity of 24.55% and a net margin of 11.78%.The business had revenue of $363.15 million during the quarter, compared to analysts' expectations of $359.14 million. During the same period in the previous year, the firm earned $0.43 earnings per share. The firm's quarterly revenue was up 19.7% compared to the same quarter last year. Enphase Energy has set its Q3 2025 guidance at EPS. Research analysts predict that Enphase Energy, Inc. will post 2.08 EPS for the current year.

Insider Activity at Enphase Energy

In related news, CEO Badrinarayanan Kothandaraman acquired 5,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 6th. The stock was acquired at an average cost of $30.82 per share, with a total value 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. This trade represents a 0.31% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 3.10% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms recently weighed in on ENPH. JPMorgan Chase & Co. raised their price target on Enphase Energy from $37.00 to $39.00 and gave the company a "neutral" rating in a report on Friday, September 19th. Bank of America dropped their price target on Enphase Energy from $31.00 to $30.00 and set an "underperform" rating for the company in a report on Wednesday, July 23rd. Wall Street Zen raised Enphase Energy from a "hold" rating to a "buy" rating in a report on Tuesday, September 30th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Enphase Energy in a report on Wednesday. Finally, Barclays raised their price target on Enphase Energy from $29.00 to $33.00 and gave the company an "underweight" rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, fourteen have given a Hold rating and thirteen have issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Reduce" and a consensus target price of $53.08.

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.

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