Enphase Energy, Inc. $ENPH Shares Bought by Harvest Portfolios Group Inc.

Harvest Portfolios Group Inc. raised its holdings in Enphase Energy, Inc. (NASDAQ:ENPH) by 34.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,498 shares of the semiconductor company’s stock after acquiring an additional 1,161 shares during the period. Harvest Portfolios Group Inc.’s holdings in Enphase Energy were worth $279,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Baillie Gifford & Co. grew its stake in shares of Enphase Energy by 32.0% in the 1st quarter. Baillie Gifford & Co. now owns 11,052,357 shares of the semiconductor company’s stock valued at $685,799,000 after buying an additional 2,680,567 shares during the period. Invesco Ltd. grew its stake in shares of Enphase Energy by 15.5% in the 1st quarter. Invesco Ltd. now owns 5,264,521 shares of the semiconductor company’s stock valued at $326,664,000 after buying an additional 706,656 shares during the period. Worldquant Millennium Advisors LLC grew its stake in shares of Enphase Energy by 531.4% in the 4th quarter. Worldquant Millennium Advisors LLC now owns 805,791 shares of the semiconductor company’s stock valued at $55,342,000 after buying an additional 678,163 shares during the period. Alyeska Investment Group L.P. grew its stake in shares of Enphase Energy by 62.3% in the 4th quarter. Alyeska Investment Group L.P. now owns 1,349,032 shares of the semiconductor company’s stock valued at $92,652,000 after buying an additional 517,989 shares during the period. Finally, GAMMA Investing LLC grew its stake in shares of Enphase Energy by 10,270.1% in the 1st quarter. GAMMA Investing LLC now owns 512,285 shares of the semiconductor company’s stock valued at $31,787,000 after buying an additional 507,345 shares during the period. Institutional investors and hedge funds own 72.12% of the company’s stock.

Enphase Energy Stock Performance

NASDAQ:ENPH opened at $37.56 on Thursday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.82 and a current ratio of 1.97. The stock has a market capitalization of $4.91 billion, a P/E ratio of 29.34 and a beta of 1.59. The company has a 50 day moving average price of $37.18 and a 200 day moving average price of $47.38. Enphase Energy, Inc. has a fifty-two week low of $29.89 and a fifty-two week high of $126.19.

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

Insider Buying and Selling

In other Enphase Energy news, CEO Badrinarayanan Kothandaraman purchased 5,000 shares of the firm’s stock in a transaction on Wednesday, August 6th. The stock was bought at an average price 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 of the company’s stock, valued at approximately $49,947,878.24. This represents a 0.31% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.10% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

ENPH has been the subject of several analyst reports. The Goldman Sachs Group reissued a “sell” rating and issued a $32.00 price target (down previously from $77.00) on shares of Enphase Energy in a research note on Wednesday, July 9th. Jefferies Financial Group raised shares of Enphase Energy from an “underperform” rating to a “hold” rating and increased their price target for the company from $28.00 to $36.00 in a research note on Thursday, August 21st. Bank of America dropped their price target on shares of Enphase Energy from $31.00 to $30.00 and set an “underperform” rating for the company in a research note on Wednesday, July 23rd. Mizuho dropped their price target on shares of Enphase Energy from $53.00 to $50.00 and set an “outperform” rating for the company in a research note on Monday, July 14th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a $37.00 price target (down previously from $64.00) on shares of Enphase Energy in a research note on Tuesday, July 15th. Ten equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and twelve have issued a Sell rating to the stock. Based on data from MarketBeat, Enphase Energy has an average rating of “Reduce” and an average price target of $55.48.

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.