RFG Advisory LLC Has $293,000 Stock Position in Enphase Energy, Inc. $ENPH

RFG Advisory LLC raised its position in Enphase Energy, Inc. (NASDAQ:ENPHFree Report) by 34.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,400 shares of the semiconductor company’s stock after acquiring an additional 1,890 shares during the period. RFG Advisory LLC’s holdings in Enphase Energy were worth $293,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in ENPH. First Horizon Advisors Inc. raised its holdings in Enphase Energy by 83.0% in 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 in the last quarter. SVB Wealth LLC acquired a new position in Enphase Energy in the 1st quarter valued at approximately $38,000. Brooklyn Investment Group raised its holdings in Enphase Energy by 124.7% in 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 in the last quarter. CX Institutional raised its holdings in Enphase Energy by 135.4% in 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 in the last quarter. Finally, Quarry LP acquired a new position in Enphase Energy in the 1st quarter valued at approximately $70,000. Institutional investors and hedge funds own 72.12% of the company’s stock.

Insiders Place Their Bets

In other Enphase Energy news, CEO Badrinarayanan Kothandaraman purchased 5,000 shares of the company’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 acquisition, the chief executive officer directly owned 1,620,632 shares of the company’s stock, valued at approximately $49,947,878.24. This trade represents a 0.31% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. 3.10% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms have commented on ENPH. Glj Research upped their price target on Enphase Energy from $19.80 to $23.49 and gave the company a “sell” rating in a report on Tuesday, September 23rd. Barclays upped their price target on Enphase Energy from $29.00 to $33.00 and gave the company an “underweight” rating in a report on Wednesday, October 8th. TD Cowen dropped their target price on Enphase Energy from $45.00 to $40.00 and set a “hold” rating for the company in a report on Wednesday, July 23rd. Oppenheimer dropped their target price on Enphase Energy from $77.00 to $73.00 and set an “outperform” rating for the company in a report on Thursday, October 9th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on Enphase Energy from $49.00 to $42.00 and set a “hold” rating for the company in a report on Thursday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, fourteen have issued a Hold rating and thirteen have given a Sell rating to the stock. Based on data from MarketBeat.com, Enphase Energy currently has a consensus rating of “Reduce” and a consensus target price of $52.76.

View Our Latest Research Report on Enphase Energy

Enphase Energy Trading Down 2.7%

ENPH stock opened at $36.56 on Monday. The business has a fifty day moving average price of $36.84 and a 200 day moving average price of $40.87. Enphase Energy, Inc. has a fifty-two week low of $29.89 and a fifty-two week high of $92.62. The stock has a market capitalization of $4.78 billion, a price-to-earnings ratio of 28.56 and a beta of 1.56. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.97 and a quick ratio of 1.82.

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

Enphase Energy Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Enphase Energy (NASDAQ:ENPH)

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