Enphase Energy, Inc. $ENPH Shares Purchased by Geode Capital Management LLC

Geode Capital Management LLC boosted its stake in Enphase Energy, Inc. (NASDAQ:ENPH) by 2.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,542,878 shares of the semiconductor company’s stock after buying an additional 73,459 shares during the period. Geode Capital Management LLC owned approximately 2.71% of Enphase Energy worth $140,217,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Baillie Gifford & Co. increased its position in shares of Enphase Energy by 32.0% during the first quarter. Baillie Gifford & Co. now owns 11,052,357 shares of the semiconductor company’s stock valued at $685,799,000 after acquiring an additional 2,680,567 shares during the last quarter. Invesco Ltd. boosted its position in shares of Enphase Energy by 15.5% during the 1st quarter. Invesco Ltd. now owns 5,264,521 shares of the semiconductor company’s stock worth $326,664,000 after purchasing an additional 706,656 shares during the period. Assenagon Asset Management S.A. increased its holdings in Enphase Energy by 827.3% in the 2nd quarter. Assenagon Asset Management S.A. now owns 1,152,546 shares of the semiconductor company’s stock valued at $45,698,000 after purchasing an additional 1,028,259 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Enphase Energy by 8.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,011,771 shares of the semiconductor company’s stock valued at $62,780,000 after purchasing an additional 74,755 shares during the period. Finally, AQR Capital Management LLC lifted its stake in Enphase Energy by 9,236.6% during the first quarter. AQR Capital Management LLC now owns 691,564 shares of the semiconductor company’s stock worth $41,483,000 after purchasing an additional 684,157 shares in the last quarter. Institutional investors and hedge funds own 72.12% of the company’s stock.

Insider Buying and Selling

In other Enphase Energy news, CEO Badrinarayanan Kothandaraman purchased 10,000 shares of the business’s stock in a transaction on Friday, October 31st. The shares were bought at an average cost of $30.93 per share, for a total transaction of $309,300.00. Following the completion of the purchase, the chief executive officer directly owned 1,630,632 shares in the company, valued at approximately $50,435,447.76. This represents a 0.62% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 3.10% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on ENPH shares. Johnson Rice lowered 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. Susquehanna set a $33.00 price target on shares of Enphase Energy in a research note on Thursday, October 30th. Bank of America reduced their price target on shares of Enphase Energy from $31.00 to $30.00 and set an “underperform” rating on the stock in a research report on Wednesday, July 23rd. Weiss Ratings restated a “sell (d)” rating on shares of Enphase Energy in a report on Wednesday, October 8th. Finally, Citigroup cut their target price on shares of Enphase Energy from $32.00 to $31.00 and set a “sell” rating on the stock in a research note on Wednesday, October 29th. Five research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and thirteen have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $39.90.

Enphase Energy Stock Up 0.3%

ENPH stock opened at $27.60 on Wednesday. The company’s 50 day moving average price is $34.95 and its 200 day moving average price is $37.99. The firm has a market capitalization of $3.61 billion, a price-to-earnings ratio of 19.03 and a beta of 1.63. Enphase Energy, Inc. has a fifty-two week low of $27.19 and a fifty-two week high of $78.26. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.82 and a current ratio of 2.04.

Enphase Energy (NASDAQ:ENPH) last posted its quarterly earnings results on Tuesday, October 28th. The semiconductor company reported $0.90 EPS for the quarter, topping 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 company had revenue of $410.43 million during the quarter, compared to analysts’ expectations of $364.64 million. During the same quarter in the previous year, the business posted $0.65 EPS. The firm’s revenue was up 7.8% on a year-over-year basis. Enphase Energy has set its Q4 2025 guidance at EPS. On average, equities research analysts anticipate that Enphase Energy, Inc. will post 2.08 EPS for the current fiscal year.

About Enphase Energy

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.