Quinn Opportunity Partners LLC Buys Shares of 49,500 Enphase Energy, Inc. $ENPH

Quinn Opportunity Partners LLC purchased a new position in shares of Enphase Energy, Inc. (NASDAQ:ENPHFree Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 49,500 shares of the semiconductor company’s stock, valued at approximately $1,963,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. SVB Wealth LLC acquired a new stake in Enphase Energy in the 1st quarter worth approximately $38,000. Brooklyn Investment Group lifted its stake in shares of Enphase Energy by 124.7% during the first 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 period. CX Institutional grew its holdings in shares of Enphase Energy by 135.4% during the second quarter. CX Institutional now owns 1,083 shares of the semiconductor company’s stock valued at $43,000 after buying an additional 623 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its holdings in shares of Enphase Energy by 73.1% during the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,610 shares of the semiconductor company’s stock valued at $64,000 after buying an additional 680 shares during the last quarter. Finally, Harbour Investments Inc. increased its position 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 period. 72.12% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Barclays boosted their price target on Enphase Energy from $29.00 to $33.00 and gave the company an “underweight” rating in a research note on Wednesday, October 8th. Royal Bank Of Canada decreased their price objective on shares of Enphase Energy from $33.00 to $31.00 and set a “sector perform” rating for the company in a research note on Wednesday, October 29th. Susquehanna set a $33.00 price objective on shares of Enphase Energy in a research note on Thursday, October 30th. Evercore ISI set a $33.00 price objective on Enphase Energy in a report on Wednesday, October 29th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Enphase Energy from $40.00 to $37.00 and set a “neutral” rating for the company in a research note on Wednesday, October 29th. Six research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and thirteen have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $41.76.

Check Out Our Latest Report on Enphase Energy

Enphase Energy Stock Performance

NASDAQ:ENPH opened at $30.84 on Wednesday. The company’s 50-day moving average is $35.88 and its two-hundred day moving average is $38.59. Enphase Energy, Inc. has a 1-year low of $28.86 and a 1-year high of $78.26. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.04 and a quick ratio of 1.82. The firm has a market capitalization of $4.04 billion, a price-to-earnings ratio of 21.27 and a beta of 1.63.

Enphase Energy (NASDAQ:ENPHGet Free Report) last announced its quarterly earnings results on Tuesday, October 28th. The semiconductor company reported $0.90 earnings per share 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 net margin of 12.93% and a return on equity of 25.67%. The business’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period last year, the business earned $0.65 earnings per share. Enphase Energy has set its Q4 2025 guidance at EPS. Analysts forecast that Enphase Energy, Inc. will post 2.08 EPS for the current year.

Insider Buying and Selling

In related news, CEO Badrinarayanan Kothandaraman purchased 10,000 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The shares were purchased at an average cost of $30.93 per share, for a total transaction of $309,300.00. Following the purchase, the chief executive officer directly owned 1,630,632 shares of the company’s stock, valued at $50,435,447.76. The trade was a 0.62% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.10% of the stock is owned by company insiders.

Enphase Energy Company 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.

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

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