Erste Asset Management GmbH Reduces Stock Position in Enphase Energy, Inc. $ENPH

Erste Asset Management GmbH reduced its holdings in Enphase Energy, Inc. (NASDAQ:ENPH) by 29.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 69,914 shares of the semiconductor company’s stock after selling 29,526 shares during the period. Erste Asset Management GmbH’s holdings in Enphase Energy were worth $2,425,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its stake in shares of Enphase Energy by 431.9% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 633 shares of the semiconductor company’s stock worth $25,000 after buying an additional 514 shares in the last quarter. Glass Jacobson Investment Advisors llc grew its stake in shares of Enphase Energy by 77.8% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 800 shares of the semiconductor company’s stock worth $26,000 after buying an additional 350 shares in the last quarter. Stance Capital LLC purchased a new position in shares of Enphase Energy in the 3rd quarter worth $32,000. Activest Wealth Management grew its stake in shares of Enphase Energy by 52,000.0% in the 4th quarter. Activest Wealth Management now owns 1,042 shares of the semiconductor company’s stock worth $33,000 after buying an additional 1,040 shares in the last quarter. Finally, Danske Bank A S purchased a new position in shares of Enphase Energy in the 3rd quarter worth $39,000. 72.12% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Enphase Energy

In other news, Director Thurman J. Rodgers sold 137,250 shares of the business’s stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $43.61, for a total value of $5,985,472.50. Following the completion of the sale, the director owned 1,597,641 shares in the company, valued at approximately $69,673,124.01. The trade was a 7.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Richard Mora sold 700 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $64.20, for a total transaction of $44,940.00. Following the completion of the sale, the director owned 13,922 shares of the company’s stock, valued at approximately $893,792.40. This represents a 4.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 138,650 shares of company stock worth $6,062,886 in the last 90 days. 2.90% of the stock is owned by corporate insiders.

Enphase Energy Trading Down 5.9%

Shares of ENPH opened at $53.51 on Wednesday. Enphase Energy, Inc. has a 1-year low of $25.77 and a 1-year high of $73.74. The company has a 50-day moving average of $44.55 and a 200 day moving average of $40.29. The firm has a market capitalization of $7.05 billion, a price-to-earnings ratio of 52.98 and a beta of 1.60. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.80 and a quick ratio of 3.20.

Enphase Energy (NASDAQ:ENPH) last announced its quarterly earnings data on Tuesday, April 28th. The semiconductor company reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.04. Enphase Energy had a net margin of 9.64% and a return on equity of 16.88%. The company had revenue of $282.90 million during the quarter, compared to analyst estimates of $282.28 million. During the same quarter last year, the business posted $0.68 EPS. The firm’s revenue for the quarter was down 20.6% on a year-over-year basis. On average, research analysts expect that Enphase Energy, Inc. will post 0.84 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on ENPH. The Goldman Sachs Group lifted their price objective on shares of Enphase Energy from $51.00 to $57.00 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. UBS Group set a $85.00 price target on shares of Enphase Energy in a research note on Friday, May 22nd. Wells Fargo & Company dropped their price target on shares of Enphase Energy from $50.00 to $45.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Wall Street Zen raised shares of Enphase Energy from a “sell” rating to a “hold” rating in a research note on Sunday, March 29th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Enphase Energy from $39.00 to $40.00 and gave the stock a “hold” rating in a research note on Thursday, April 30th. Nine investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and six have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $44.24.

Trending Headlines about Enphase Energy

Here are the key news stories impacting Enphase Energy this week:

• Positive Sentiment: TD Cowen reportedly raised its price target on Enphase to $70 from $35, signaling stronger confidence in the company’s outlook and helping fuel the recent rally. This Analyst Just Upped Their Price Target on Enphase Energy. Here’s Why.
• Positive Sentiment: Shares also benefited from a broader rebound in the industrial/clean-energy space, with traders citing a read-through from AI-driven capital expenditure and market-wide risk appetite. Enphase, Hillman, and Herc Shares Skyrocket, What You Need To Know
• Positive Sentiment: A new report highlighted Enphase reaching a fresh 52-week high after Goldman Sachs’ comments on AI data center demand sparked a rally across related stocks. Enphase charges to a new 52-week high as Goldman’s AI data center call ignites rally
• Neutral Sentiment: Enphase continues to draw heavy investor attention and search activity, which can support trading volume but does not by itself change fundamentals. Investors Heavily Search Enphase Energy, Inc. (ENPH): Here is What You Need to Know
• Neutral Sentiment: Short-interest data was reported with no meaningful change, suggesting no new bearish positioning signal from that update.
• Negative Sentiment: The stock also experienced a pullback in the latest session, with reports noting Enphase fell more than the broader market amid day-to-day volatility. Enphase Energy (ENPH) Dips More Than Broader Market: What You Should Know
• Negative Sentiment: Another market wrap noted Enphase trading lower alongside other stocks, reflecting some profit-taking after the recent surge. Corning, Enphase, and Plug Power stocks trade down, what you need to know

Enphase Energy Company Profile

Enphase Energy is a global energy technology company that specializes in solar microinverters, energy storage systems and energy management software. Its core business centers on converting direct current (DC) power generated by solar panels into alternating current (AC) power suitable for use in residential and commercial applications. By integrating hardware and software solutions, Enphase Energy aims to improve solar energy yield, enhance system reliability and provide real-time monitoring capabilities to its customers.

The company’s product portfolio includes its IQ Series microinverters, which attach to individual solar panels to optimize performance at the module level and reduce the impact of shading or system failures.