Envestnet Asset Management Inc. Has $2.35 Million Stock Holdings in Enphase Energy, Inc. (NASDAQ:ENPH) (2025)

Envestnet Asset Management Inc. decreased its position in shares of Enphase Energy, Inc. (NASDAQ:ENPH – Free Report) by 16.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 34,265 shares of the semiconductor company’s stock after selling 6,714 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Enphase Energy were worth $2,353,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Baillie Gifford & Co. boosted its position in shares of Enphase Energy by 32.0% during the fourth quarter. Baillie Gifford & Co. now owns 8,371,790 shares of the semiconductor company’s stock worth $574,975,000 after purchasing an additional 2,028,691 shares in the last quarter. Nordea Investment Management AB raised its stake in Enphase Energy by 131.6% during the 4th quarter. Nordea Investment Management AB now owns 2,214,999 shares of the semiconductor company’s stock worth $155,360,000 after buying an additional 1,258,778 shares during the period. Norges Bank bought a new position in Enphase Energy during the fourth quarter worth about $46,339,000. Assenagon Asset Management S.A. grew its stake in Enphase Energy by 372.4% in the fourth quarter. Assenagon Asset Management S.A. now owns 463,452 shares of the semiconductor company’s stock valued at $31,830,000 after acquiring an additional 365,356 shares during the period. Finally, Schroder Investment Management Group increased its holdings in shares of Enphase Energy by 29.6% in the fourth quarter. Schroder Investment Management Group now owns 1,451,414 shares of the semiconductor company’s stock worth $99,683,000 after acquiring an additional 331,917 shares in the last quarter. Institutional investors and hedge funds own 72.12% of the company’s stock.

Enphase Energy Stock Up 2.4 %

ENPH opened at $46.83 on Friday. The stock’s fifty day simple moving average is $57.84 and its 200 day simple moving average is $67.02. Enphase Energy, Inc. has a 1-year low of $44.83 and a 1-year high of $141.63. The stock has a market cap of $6.14 billion, a PE ratio of 63.28 and a beta of 1.94. The company has a current ratio of 3.53, a quick ratio of 3.28 and a debt-to-equity ratio of 1.44.

Enphase Energy (NASDAQ:ENPH – Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The semiconductor company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.14. Enphase Energy had a net margin of 7.72% and a return on equity of 15.62%. As a group, research analysts expect that Enphase Energy, Inc. will post 2.08 earnings per share for the current year.

Insider Buying and Selling at Enphase Energy

In other Enphase Energy news, CFO Mandy Yang sold 1,319 shares of the stock in a transaction on Monday, March 10th. The stock was sold at an average price of $63.32, for a total transaction of $83,519.08. Following the transaction, the chief financial officer now owns 78,524 shares in the company, valued at $4,972,139.68. This trade represents a 1.65 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Thurman J. Rodgers sold 100,000 shares of the business’s stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $61.26, for a total transaction of $6,126,000.00. Following the completion of the sale, the director now directly owns 1,881,760 shares of the company’s stock, valued at approximately $115,276,617.60. The trade was a 5.05 % decrease in their position. The disclosure for this sale can be found here. Insiders own 3.10% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on ENPH. DZ Bank lowered Enphase Energy from a “hold” rating to a “strong sell” rating in a research report on Wednesday. Citigroup reiterated a “sell” rating and issued a $47.00 price target on shares of Enphase Energy in a report on Thursday, April 17th. The Goldman Sachs Group lowered their price objective on shares of Enphase Energy from $90.00 to $77.00 and set a “buy” rating for the company in a research report on Wednesday. Jefferies Financial Group cut their price objective on shares of Enphase Energy from $44.00 to $37.00 and set an “underperform” rating on the stock in a research report on Wednesday. Finally, Oppenheimer set a $84.00 target price on Enphase Energy and gave the stock an “outperform” rating in a report on Wednesday. Seven analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $70.54.

View Our Latest Analysis on Enphase Energy

About Enphase Energy

(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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