Enphase Energy, Inc. $ENPH Shares Acquired by Trexquant Investment LP

Trexquant Investment LP raised its position in shares of Enphase Energy, Inc. (NASDAQ:ENPH) by 93.1% in the first quarter, Holdings Channel.com reports. The fund owned 664,403 shares of the semiconductor company’s stock after acquiring an additional 320,313 shares during the quarter. Enphase Energy makes up approximately 0.5% of Trexquant Investment LP’s portfolio, making the stock its 15th biggest holding. Trexquant Investment LP’s holdings in Enphase Energy were worth $41,226,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. CX Institutional acquired a new position in shares of Enphase Energy during the first quarter valued at approximately $29,000. First Horizon Advisors Inc. raised its holdings in shares of Enphase Energy by 83.0% during the first quarter. First Horizon Advisors Inc. now owns 569 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 258 shares during the last quarter. SVB Wealth LLC acquired a new position in shares of Enphase Energy during the first quarter valued at approximately $38,000. Brooklyn Investment Group raised 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 during the last quarter. Finally, Harvest Fund Management Co. Ltd acquired a new position in shares of Enphase Energy during the first quarter valued at approximately $73,000. Institutional investors and hedge funds own 72.12% of the company’s stock.

Insider Transactions at Enphase Energy

In other Enphase Energy news, CEO Badrinarayanan Kothandaraman bought 5,000 shares of the business’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 completion of the purchase, the chief executive officer directly owned 1,620,632 shares in the company, valued at $49,947,878.24. The trade was a 0.31% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on ENPH shares. Bank of America reduced their target price on Enphase Energy from $31.00 to $30.00 and set an “underperform” rating for the company in a report on Wednesday, July 23rd. Barclays increased their price target on Enphase Energy from $28.00 to $29.00 and gave the company an “underweight” rating in a report on Thursday, July 24th. Royal Bank Of Canada set a $28.00 price target on Enphase Energy and gave the company a “sector perform” rating in a report on Wednesday, June 18th. Glj Research cut their price target on Enphase Energy from $31.11 to $19.80 and set a “sell” rating for the company in a report on Tuesday, July 22nd. Finally, TD Cowen cut their price target on Enphase Energy from $45.00 to $40.00 and set a “hold” rating for the company in a report on Wednesday, July 23rd. Ten research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and twelve have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average price target of $55.48.

Enphase Energy Price Performance

ENPH stock opened at $37.56 on Thursday. The business has a fifty day moving average of $37.18 and a two-hundred day moving average of $47.38. The company has a quick ratio of 1.82, a current ratio of 1.97 and a debt-to-equity ratio of 0.65. The stock has a market cap of $4.91 billion, a price-to-earnings ratio of 29.34 and a beta of 1.59. Enphase Energy, Inc. has a 52-week low of $29.89 and a 52-week high of $126.19.

Enphase Energy (NASDAQ:ENPH) last posted its earnings results 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 company 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 firm’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.43 earnings per share. Enphase Energy has set its Q3 2025 guidance at EPS. As a group, research analysts anticipate that Enphase Energy, Inc. will post 2.08 earnings per share for the current year.

Enphase Energy 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.