Key Points
- Enphase CEO Badrinarayanan Kothandaraman bought 5,000 shares on Nov. 10 at $30.69 each for $153,450, increasing his direct holdings to 1,635,632 shares (a 0.31% bump) valued at about $50.2M.
- He also purchased 10,000 shares on Oct. 31 at roughly $30.93, indicating repeated insider buying in the low-$30s price range.
- Company results and market view are mixed: Enphase beat the recent quarter's EPS and revenue expectations ($0.90 EPS on $410.4M revenue), but analysts overall lean negative with an average rating of "Reduce" and a $41.76 price target, while the stock trades near its 52-week low.
Enphase Energy, Inc. (NASDAQ:ENPH - Get Free Report) CEO Badrinarayanan Kothandaraman acquired 5,000 shares of the stock in a transaction on Monday, November 10th. The shares were acquired 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 directly owned 1,635,632 shares in the company, valued at $50,197,546.08. The trade was a 0.31% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.
Badrinarayanan Kothandaraman also recently made the following trade(s):
- On Friday, October 31st, Badrinarayanan Kothandaraman bought 10,000 shares of Enphase Energy stock. The stock was acquired at an average cost of $30.93 per share, with a total value of $309,300.00.
Enphase Energy Price Performance
Shares of ENPH opened at $32.84 on Tuesday. 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, Inc. has a fifty-two week low of $28.86 and a fifty-two week high of $78.26. The firm has a 50-day simple moving average of $36.01 and a 200-day simple moving average of $38.70. The company has a market capitalization of $4.30 billion, a price-to-earnings ratio of 22.65 and a beta of 1.63.
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 the consensus estimate of $0.60 by $0.30. Enphase Energy had a return on equity of 25.67% and a net margin of 12.93%.The firm had revenue of $410.43 million during the quarter, compared to the consensus estimate of $364.64 million. During the same period in the prior year, the business earned $0.65 EPS. The firm's revenue was up 7.8% compared to the same quarter last year. Enphase Energy has set its Q4 2025 guidance at EPS. On average, equities research analysts anticipate that Enphase Energy, Inc. will post 2.08 earnings per share for the current year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Baillie Gifford & Co. grew its holdings in Enphase Energy by 32.0% in the first quarter. Baillie Gifford & Co. now owns 11,052,357 shares of the semiconductor company's stock valued at $685,799,000 after purchasing an additional 2,680,567 shares during the last quarter. Invesco Ltd. raised its stake in shares of Enphase Energy by 28.1% during the 2nd quarter. Invesco Ltd. now owns 6,743,674 shares of the semiconductor company's stock worth $267,387,000 after buying an additional 1,479,153 shares during the last quarter. Federated Hermes Inc. raised its stake in shares of Enphase Energy by 264.7% during the 2nd quarter. Federated Hermes Inc. now owns 1,477,751 shares of the semiconductor company's stock worth $58,593,000 after buying an additional 1,072,602 shares during the last quarter. Norges Bank purchased a new stake in shares of Enphase Energy in the 2nd quarter worth about $40,946,000. Finally, Assenagon Asset Management S.A. grew its stake 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 acquiring an additional 1,028,259 shares during the last quarter. 72.12% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on the stock. Citigroup lowered their price objective on shares of Enphase Energy from $32.00 to $31.00 and set a "sell" rating on the stock in a research report on Wednesday, October 29th. BMO Capital Markets reaffirmed an "underperform" rating and issued a $31.00 target price on shares of Enphase Energy in a report on Wednesday, October 29th. Loop Capital set a $31.00 price target on shares of Enphase Energy in a research note on Thursday, October 30th. JPMorgan Chase & Co. reduced their price objective on shares of Enphase Energy from $40.00 to $37.00 and set a "neutral" rating for the company in a research report on Wednesday, October 29th. Finally, Zacks Research cut Enphase Energy from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 30th. Six equities 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. According to data from MarketBeat, Enphase Energy has an average rating of "Reduce" and an average price target of $41.76.
Read Our Latest Stock Report on Enphase Energy
About Enphase Energy
(
Get 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.
Further Reading
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