Magnetar Financial LLC Makes New $205,000 Investment in Enphase Energy, Inc. $ENPH

Magnetar Financial LLC bought a new stake in shares of Enphase Energy, Inc. (NASDAQ:ENPH) in the 2nd quarter, Holdings Channel reports. The firm bought 5,171 shares of the semiconductor company’s stock, valued at approximately $205,000.

Other hedge funds have also recently made changes to their positions in the company. SVB Wealth LLC bought a new position in Enphase Energy during the 1st quarter valued at approximately $38,000. Brooklyn Investment Group increased its holdings in shares of Enphase Energy by 124.7% during the first quarter. Brooklyn Investment Group now owns 663 shares of the semiconductor company’s stock valued at $41,000 after acquiring an additional 368 shares in the last quarter. CX Institutional increased its holdings in shares of Enphase Energy by 135.4% during the second quarter. CX Institutional now owns 1,083 shares of the semiconductor company’s stock valued at $43,000 after acquiring an additional 623 shares in the last quarter. Quarry LP purchased a new position in shares of Enphase Energy in the 1st quarter worth about $70,000. Finally, Harvest Fund Management Co. Ltd bought a new position in Enphase Energy in the 1st quarter worth about $73,000. 72.12% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Badrinarayanan Kothandaraman bought 10,000 shares of the company’s stock in a transaction on Friday, October 31st. The shares were acquired at an average cost of $30.93 per share, with a total value of $309,300.00. Following the completion of the transaction, the chief executive officer owned 1,630,632 shares of the company’s stock, valued at approximately $50,435,447.76. This trade represents a 0.62% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 3.10% of the company’s stock.

Analyst Upgrades and Downgrades

ENPH has been the subject of a number of analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of Enphase Energy in a research note on Wednesday, October 8th. Glj Research raised their price target on shares of Enphase Energy from $19.80 to $23.49 and gave the company a “sell” rating in a research report on Tuesday, September 23rd. Royal Bank Of Canada decreased their price objective on shares of Enphase Energy from $33.00 to $31.00 and set a “sector perform” rating for the company in a report on Wednesday, October 29th. Evercore ISI set a $33.00 target price on Enphase Energy in a research note on Wednesday, October 29th. Finally, Oppenheimer set a $67.00 price target on Enphase Energy and gave the stock an “outperform” rating in a research note on Wednesday, October 29th. Five analysts have rated the stock with a Buy rating, twelve have given a Hold rating and thirteen have issued a Sell rating to the stock. According to data from MarketBeat.com, Enphase Energy has an average rating of “Reduce” and an average target price of $39.90.

Enphase Energy Trading Up 0.4%

NASDAQ:ENPH opened at $27.82 on Thursday. The company has a market cap of $3.64 billion, a PE ratio of 19.19 and a beta of 1.63. The company has a current ratio of 2.04, a quick ratio of 1.82 and a debt-to-equity ratio of 0.57. The company has a 50 day simple moving average of $33.64 and a two-hundred day simple moving average of $37.23. Enphase Energy, Inc. has a 12 month low of $25.77 and a 12 month high of $78.26.

Enphase Energy (NASDAQ:ENPH) last released its quarterly earnings results on Tuesday, October 28th. The semiconductor company reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.30. The firm had revenue of $410.43 million for the quarter, compared to analysts’ expectations of $364.64 million. Enphase Energy had a return on equity of 25.67% and a net margin of 12.93%.The company’s revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.65 EPS. Enphase Energy has set its Q4 2025 guidance at EPS. Research analysts forecast that Enphase Energy, Inc. will post 2.08 earnings per share for the current year.

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.