New Age Alpha Advisors LLC Acquires Shares of 19,332 Enphase Energy, Inc. $ENPH

Key Points

• New Age Alpha Advisors opened a new position in Enphase Energy, buying 19,332 shares valued at about $620,000 in the fourth quarter.
• Institutional ownership remains high, with hedge funds and other institutional investors holding 72.12% of Enphase’s shares.
• Enphase recently beat earnings and revenue estimates for the quarter, but analysts remain mixed overall, with a consensus rating of Hold and an average price target of $42.78.

New Age Alpha Advisors LLC acquired a new stake in shares of Enphase Energy, Inc. (NASDAQ:ENPH - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 19,332 shares of the semiconductor company's stock, valued at approximately $620,000.

A number of other large investors have also added to or reduced their stakes in the stock. PFG Investments LLC raised its stake in Enphase Energy by 2.2% during the fourth quarter. PFG Investments LLC now owns 12,191 shares of the semiconductor company's stock valued at $391,000 after buying an additional 260 shares during the last quarter. Swiss Life Asset Management Ltd raised its stake in Enphase Energy by 5.5% during the third quarter. Swiss Life Asset Management Ltd now owns 6,132 shares of the semiconductor company's stock valued at $217,000 after buying an additional 319 shares during the last quarter. Glass Jacobson Investment Advisors llc raised its stake in Enphase Energy by 77.8% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 800 shares of the semiconductor company's stock valued at $26,000 after buying an additional 350 shares during the last quarter. GAMMA Investing LLC raised its stake in Enphase Energy by 19.2% during the fourth quarter. GAMMA Investing LLC now owns 2,431 shares of the semiconductor company's stock valued at $78,000 after buying an additional 392 shares during the last quarter. Finally, Tempus Wealth Planning LLC raised its stake in Enphase Energy by 4.8% during the third quarter. Tempus Wealth Planning LLC now owns 8,556 shares of the semiconductor company's stock valued at $303,000 after buying an additional 394 shares during the last quarter. Hedge funds and other institutional investors own 72.12% of the company's stock.

Analyst Ratings Changes

A number of brokerages have issued reports on ENPH. Deutsche Bank Aktiengesellschaft lifted their price objective on Enphase Energy from $39.00 to $40.00 and gave the company a "hold" rating in a research note on Thursday, April 30th. Barclays lowered their price objective on Enphase Energy from $31.00 to $30.00 and set an "underweight" rating for the company in a research note on Monday, May 4th. TD Cowen decreased their price target on Enphase Energy from $40.00 to $35.00 and set a "hold" rating for the company in a research note on Wednesday, April 29th. Glj Research set a $21.70 price target on Enphase Energy in a research note on Thursday, February 5th. Finally, Citigroup decreased their price target on Enphase Energy from $37.00 to $31.00 and set a "neutral" rating for the company in a research note on Thursday, April 30th. Nine analysts have rated the stock with a Buy rating, ten have given a Hold rating and six have given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $42.78.

Enphase Energy Stock Down 1.1%

ENPH stock opened at $69.50 on Friday. Enphase Energy, Inc. has a 1-year low of $25.77 and a 1-year high of $72.70. The business has a fifty day moving average price of $41.07 and a 200-day moving average price of $38.36. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.80 and a quick ratio of 3.20. The stock has a market capitalization of $9.16 billion, a P/E ratio of 68.81 and a beta of 1.26.

Enphase Energy (NASDAQ:ENPH - Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The semiconductor company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.04. Enphase Energy had a return on equity of 16.88% and a net margin of 9.64%.The firm had revenue of $282.90 million during the quarter, compared to analysts' expectations of $282.28 million. During the same quarter in the previous year, the business earned $0.68 earnings per share. The company's revenue was down 20.6% on a year-over-year basis. Equities analysts forecast that Enphase Energy, Inc. will post 0.84 earnings per share for the current fiscal year.

Insider Transactions at Enphase Energy

In related news, Director Richard Mora sold 700 shares of the company's stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $46.39, for a total transaction of $32,473.00. Following the completion of the sale, the director owned 14,622 shares in the company, valued at approximately $678,314.58. This represents a 4.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Thurman J. Rodgers sold 137,250 shares of the company's stock in a transaction on Friday, March 13th. The shares were sold at an average price of $43.61, for a total value of $5,985,472.50. Following the sale, the director owned 1,597,641 shares of the company's stock, valued at approximately $69,673,124.01. This trade represents a 7.91% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 2.90% of the company's stock.

Trending Headlines about Enphase Energy

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

• Positive Sentiment: Enphase CEO Badrinarayanan Kothandaraman bought 5,000 shares at $67.50, a move investors often view as a strong vote of confidence in the company’s outlook. Insider Buying Article
• Positive Sentiment: Traders are increasingly focused on Enphase’s momentum breakout and possible short squeeze, which can amplify gains when bearish bets are forced to cover. Momentum Breakout Article
• Positive Sentiment: Recent commentary highlighted Enphase’s push into next-generation power electronics and GaN-based technology, supporting optimism around future efficiency and product growth. GaN Technology Article
• Positive Sentiment: Wall Street attention remains constructive overall after Enphase beat recent earnings estimates, helping extend a sharp post-earnings rally. Zacks Earnings Rally Article
• Neutral Sentiment: Analysts remain divided, with some bullish calls and others cautious, while the average price target still sits well below the stock’s recent trading range. Valuation and Analyst Target Article
• Negative Sentiment: Some valuation-focused coverage says the stock looks overvalued after its rapid run-up, which could limit upside if enthusiasm cools. Overvalued Article

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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