Intellectus Partners LLC Raises Position in Enphase Energy, Inc. $ENPH

Intellectus Partners LLC grew its holdings in shares of Enphase Energy, Inc. (NASDAQ:ENPH) by 12.5% in the second quarter, HoldingsChannel reports. The fund owned 18,392 shares of the semiconductor company’s stock after purchasing an additional 2,042 shares during the quarter. Intellectus Partners LLC’s holdings in Enphase Energy were worth $729,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. First Horizon Advisors Inc. grew its position in shares of Enphase Energy by 83.0% during the 1st 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 period. SVB Wealth LLC bought a new stake in shares of Enphase Energy during the 1st quarter valued at $38,000. Brooklyn Investment Group grew its position in shares of Enphase Energy by 124.7% during the 1st 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 period. CX Institutional grew its position in shares of Enphase Energy by 135.4% during the 2nd quarter. CX Institutional now owns 1,083 shares of the semiconductor company’s stock valued at $43,000 after acquiring an additional 623 shares during the period. Finally, Quarry LP bought a new stake in shares of Enphase Energy during the 1st quarter valued at $70,000. Institutional investors own 72.12% of the company’s stock.

Insider Activity at Enphase Energy

In related news, CEO Badrinarayanan Kothandaraman acquired 10,000 shares of the company’s stock in a transaction on Friday, October 31st. The stock was acquired at an average price of $30.93 per share, with a total value of $309,300.00. Following the acquisition, the chief executive officer directly 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 ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. 3.10% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

ENPH has been the subject of a number of recent research reports. Bank of America cut their price objective on shares of Enphase Energy from $31.00 to $30.00 and set an “underperform” rating for the company in a research report on Wednesday, July 23rd. Weiss Ratings restated a “sell (d)” rating on shares of Enphase Energy in a research note on Wednesday, October 8th. Johnson Rice cut shares of Enphase Energy from a “buy” rating to an “accumulate” rating and set a $45.00 target price on the stock. in a research note on Wednesday, July 30th. Evercore ISI set a $33.00 target price on shares of Enphase Energy in a research note on Wednesday, October 29th. Finally, Wall Street Zen cut shares of Enphase Energy from a “buy” rating to a “hold” rating in a research note on Saturday. Six investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and thirteen have issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $44.71.

Enphase Energy Stock Down 3.3%

ENPH opened at $29.51 on Tuesday. The firm has a 50-day simple moving average of $36.67 and a two-hundred day simple moving average of $39.36. Enphase Energy, Inc. has a 52 week low of $29.43 and a 52 week high of $89.95. The company has a market capitalization of $3.86 billion, a PE ratio of 20.35 and a beta of 1.56. The company has a quick ratio of 1.82, a current ratio of 2.04 and a debt-to-equity ratio of 0.57.

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