New Age Alpha Advisors LLC Acquires New Stake in Enphase Energy, Inc. $ENPH

New Age Alpha Advisors LLC acquired a new stake in shares of Enphase Energy, Inc. (NASDAQ:ENPH) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,332 shares of the semiconductor company’s stock, valued at approximately $620,000.

A number of other hedge funds also recently bought and sold shares of ENPH. PFG Investments LLC grew its holdings in Enphase Energy by 2.2% during the fourth quarter. PFG Investments LLC now owns 12,191 shares of the semiconductor company’s stock valued at $391,000 after purchasing an additional 260 shares during the period. Swiss Life Asset Management Ltd grew its holdings in Enphase Energy by 5.5% during the third quarter. Swiss Life Asset Management Ltd now owns 6,132 shares of the semiconductor company’s stock valued at $217,000 after purchasing an additional 319 shares during the period. Glass Jacobson Investment Advisors llc grew its holdings in Enphase Energy by 77.8% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 800 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 350 shares during the period. GAMMA Investing LLC grew its holdings in Enphase Energy by 19.2% during the fourth quarter. GAMMA Investing LLC now owns 2,431 shares of the semiconductor company’s stock valued at $78,000 after purchasing an additional 392 shares during the period. Finally, Tempus Wealth Planning LLC grew its holdings in Enphase Energy by 4.8% during the third quarter. Tempus Wealth Planning LLC now owns 8,556 shares of the semiconductor company’s stock valued at $303,000 after purchasing an additional 394 shares during the period. Hedge funds and other institutional investors own 72.12% of the company’s stock.

Key Stories Impacting Enphase Energy

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

• Positive Sentiment: Enphase CEO Badrinarayanan Kothandaraman bought 5,000 shares at $67.50, a move investors often view as a strong vote of confidence in the company’s outlook. Insider Buying Article
• Positive Sentiment: Traders are increasingly focused on Enphase’s momentum breakout and possible short squeeze, which can amplify gains when bearish bets are forced to cover. Momentum Breakout Article
• Positive Sentiment: Recent commentary highlighted Enphase’s push into next-generation power electronics and GaN-based technology, supporting optimism around future efficiency and product growth. GaN Technology Article
• Positive Sentiment: Wall Street attention remains constructive overall after Enphase beat recent earnings estimates, helping extend a sharp post-earnings rally. Zacks Earnings Rally Article
• Neutral Sentiment: Analysts remain divided, with some bullish calls and others cautious, while the average price target still sits well below the stock’s recent trading range. Valuation and Analyst Target Article
• Negative Sentiment: Some valuation-focused coverage says the stock looks overvalued after its rapid run-up, which could limit upside if enthusiasm cools. Overvalued Article

Insider Activity

In other news, Director Richard Mora sold 700 shares of Enphase Energy stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $46.39, for a total transaction of $32,473.00. Following the sale, the director owned 14,622 shares in the company, valued at $678,314.58. This trade represents a 4.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Badrinarayanan Kothandaraman acquired 5,000 shares of Enphase Energy stock in a transaction dated Tuesday, May 26th. The shares were bought at an average price of $67.50 per share, for a total transaction of $337,500.00. Following the transaction, the chief executive officer owned 1,645,632 shares of the company’s stock, valued at approximately $111,080,160. The trade was a 0.30% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 2.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on ENPH shares. JPMorgan Chase & Co. cut their price target on Enphase Energy from $39.00 to $35.00 and set a “neutral” rating for the company in a report on Wednesday, April 29th. Wall Street Zen raised Enphase Energy from a “sell” rating to a “hold” rating in a report on Sunday, March 29th. Royal Bank Of Canada raised Enphase Energy from a “sector perform” rating to an “outperform” rating and set a $54.00 price target for the company in a report on Wednesday, February 4th. Roth Mkm reissued a “buy” rating on shares of Enphase Energy in a report on Friday, May 22nd. Finally, Wells Fargo & Company cut their price target on Enphase Energy from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Nine research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and six have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $42.78.

Enphase Energy Trading Down 1.1%

ENPH stock opened at $69.50 on Friday. Enphase Energy, Inc. has a 1-year low of $25.77 and a 1-year high of $72.70. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.80 and a quick ratio of 3.20. The company has a market capitalization of $9.16 billion, a price-to-earnings ratio of 68.81 and a beta of 1.26. The business has a 50 day simple moving average of $41.07 and a two-hundred day simple moving average of $38.36.

Enphase Energy (NASDAQ:ENPH) last posted its quarterly earnings results on Tuesday, April 28th. The semiconductor company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.04. The business had revenue of $282.90 million during the quarter, compared to the consensus estimate of $282.28 million. Enphase Energy had a return on equity of 16.88% and a net margin of 9.64%.The firm’s revenue for the quarter was down 20.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.68 EPS. Research analysts anticipate that Enphase Energy, Inc. will post 0.84 EPS for the current fiscal year.

Enphase Energy 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.