XTX Topco Ltd purchased a new position in shares of Enphase Energy, Inc. (NASDAQ:ENPH – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 32,275 shares of the semiconductor company’s stock, valued at approximately $1,280,000.
Several other large investors have also added to or reduced their stakes in ENPH. SVB Wealth LLC purchased a new position in shares of Enphase Energy in the first quarter worth about $38,000. Brooklyn Investment Group raised its position in Enphase Energy by 124.7% during the 1st quarter. Brooklyn Investment Group now owns 663 shares of the semiconductor company’s stock worth $41,000 after buying an additional 368 shares during the last quarter. CX Institutional raised its position in Enphase Energy by 135.4% during the 2nd quarter. CX Institutional now owns 1,083 shares of the semiconductor company’s stock worth $43,000 after buying an additional 623 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its stake in Enphase Energy by 73.1% during the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,610 shares of the semiconductor company’s stock valued at $64,000 after acquiring an additional 680 shares during the period. Finally, Harbour Investments Inc. boosted its holdings in shares of Enphase Energy by 34.8% in the 2nd quarter. Harbour Investments Inc. now owns 1,725 shares of the semiconductor company’s stock valued at $68,000 after acquiring an additional 445 shares during the last quarter. Hedge funds and other institutional investors own 72.12% of the company’s stock.
Insider Buying and Selling
In related news, CEO Badrinarayanan Kothandaraman acquired 5,000 shares of Enphase Energy stock in a transaction on Monday, November 10th. The stock was bought at an average cost of $30.69 per share, for a total transaction of $153,450.00. Following the completion of the transaction, the chief executive officer owned 1,635,632 shares of the company’s stock, valued at approximately $50,197,546.08. The trade was a 0.31% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 3.10% of the company’s stock.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Analysis on Enphase Energy
Enphase Energy Stock Performance
Shares of ENPH stock opened at $28.98 on Friday. The company has a market capitalization of $3.79 billion, a P/E ratio of 19.98 and a beta of 1.63. The business’s 50 day moving average is $33.24 and its two-hundred day moving average is $36.98. The company has a current ratio of 2.04, a quick ratio of 1.82 and a debt-to-equity ratio of 0.57. Enphase Energy, Inc. has a 12-month low of $25.77 and a 12-month high of $78.26.
Enphase Energy (NASDAQ:ENPH – Get Free Report) last posted its quarterly earnings data on Tuesday, October 28th. The semiconductor company reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.30. The business had revenue of $410.43 million during 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 business’s revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.65 earnings per share. Enphase Energy has set its Q4 2025 guidance at EPS. Analysts expect that Enphase Energy, Inc. will post 2.08 EPS 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.
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