Enphase Energy, Inc. $ENPH Shares Sold by UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC

Key Points

• UBS AM significantly reduced its stake in Enphase Energy, cutting its holdings by 55.9% during the first quarter, leaving it with approximately 0.74% of the company valued at $59.99 million.
• Several institutional investors have increased their positions in Enphase, with notable purchases exceeding $70,000, indicating continued interest in the semiconductor company's stock.
• Enphase Energy reported quarterly earnings of $0.69 EPS, outperforming expectations, with revenue of $363.15 million—up 19.7% year-over-year.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lowered its holdings in Enphase Energy, Inc. (NASDAQ:ENPH - Free Report) by 55.9% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 966,762 shares of the semiconductor company's stock after selling 1,224,113 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 0.74% of Enphase Energy worth $59,988,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Woodline Partners LP purchased a new stake in shares of Enphase Energy in the 4th quarter valued at $557,000. Teacher Retirement System of Texas purchased a new stake in shares of Enphase Energy in the 1st quarter valued at $1,609,000. Maxi Investments CY Ltd raised its holdings in shares of Enphase Energy by 650.0% in the 1st quarter. Maxi Investments CY Ltd now owns 52,500 shares of the semiconductor company's stock valued at $3,258,000 after buying an additional 45,500 shares during the period. QRG Capital Management Inc. purchased a new stake in shares of Enphase Energy in the 1st quarter valued at $512,000. Finally, Bouvel Investment Partners LLC purchased a new stake in shares of Enphase Energy in the 1st quarter valued at $847,000. Hedge funds and other institutional investors own 72.12% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on ENPH shares. Bank of America cut their price objective on Enphase Energy from $31.00 to $30.00 and set an "underperform" rating on the stock in a report on Wednesday, July 23rd. The Goldman Sachs Group reiterated a "sell" rating and issued a $32.00 price objective (down previously from $77.00) on shares of Enphase Energy in a report on Wednesday, July 9th. Wall Street Zen upgraded Enphase Energy from a "hold" rating to a "buy" rating in a report on Sunday, September 14th. Susquehanna lowered their target price on Enphase Energy from $51.00 to $40.00 and set a "neutral" rating for the company in a research note on Monday, July 21st. Finally, Mizuho lowered their target price on Enphase Energy from $53.00 to $50.00 and set an "outperform" rating for the company in a research note on Monday, July 14th. Ten analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and twelve have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of "Reduce" and an average price target of $55.54.

Enphase Energy Stock Down 0.1%

Shares of NASDAQ:ENPH traded down $0.02 on Friday, hitting $38.42. 41,389,703 shares of the company's stock were exchanged, compared to its average volume of 6,391,874. The firm's 50-day moving average is $36.38 and its 200 day moving average is $44.49. The company has a market capitalization of $5.02 billion, a PE ratio of 30.02 and a beta of 1.52. Enphase Energy, Inc. has a 1-year low of $29.89 and a 1-year high of $118.13. 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 released its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.07. The business had revenue of $363.15 million during the quarter, compared to analysts' expectations of $359.14 million. Enphase Energy had a return on equity of 24.55% and a net margin of 11.78%.The business's quarterly revenue was up 19.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.43 EPS. Enphase Energy has set its Q3 2025 guidance at EPS. Sell-side analysts predict that Enphase Energy, Inc. will post 2.08 EPS for the current year.

Insider Activity

In other news, CEO Badrinarayanan Kothandaraman bought 5,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 6th. The stock was purchased at an average cost of $30.82 per share, with a total value of $154,100.00. Following the transaction, the chief executive officer directly owned 1,620,632 shares in the company, valued at $49,947,878.24. This trade represents a 0.31% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 3.10% of the stock is currently owned by company insiders.

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.