85,000 Shares in Enphase Energy, Inc. $ENPH Purchased by Monaco Asset Management SAM

Monaco Asset Management SAM acquired a new position in Enphase Energy, Inc. (NASDAQ:ENPH) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 85,000 shares of the semiconductor company’s stock, valued at approximately $2,724,000.

Other large investors have also added to or reduced their stakes in the company. Woodline Partners LP boosted its holdings in shares of Enphase Energy by 37.9% in the 1st quarter. Woodline Partners LP now owns 11,191 shares of the semiconductor company’s stock worth $694,000 after purchasing an additional 3,077 shares during the period. Acadian Asset Management LLC purchased a new position in shares of Enphase Energy in the 1st quarter worth approximately $121,000. Arrowstreet Capital Limited Partnership purchased a new position in shares of Enphase Energy in the 2nd quarter worth approximately $1,299,000. Guggenheim Capital LLC boosted its holdings in shares of Enphase Energy by 14.1% in the 2nd quarter. Guggenheim Capital LLC now owns 26,459 shares of the semiconductor company’s stock worth $1,049,000 after purchasing an additional 3,273 shares during the period. Finally, California Public Employees Retirement System boosted its holdings in shares of Enphase Energy by 11.9% in the 2nd quarter. California Public Employees Retirement System now owns 238,794 shares of the semiconductor company’s stock worth $9,468,000 after purchasing an additional 25,450 shares during the period. Institutional investors own 72.12% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on ENPH. The Goldman Sachs Group raised their price target on Enphase Energy from $51.00 to $57.00 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. Barclays decreased their price target on Enphase Energy from $31.00 to $30.00 and set an “underweight” rating for the company in a research note on Monday, May 4th. Wells Fargo & Company decreased their price target on Enphase Energy from $50.00 to $45.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Jefferies Financial Group decreased their price target on Enphase Energy from $57.00 to $54.00 and set a “buy” rating for the company in a research note on Thursday, March 26th. Finally, TD Cowen raised their price target on Enphase Energy from $35.00 to $70.00 and gave the stock a “hold” rating in a research note on Friday. Nine research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and six have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Enphase Energy has a consensus rating of “Hold” and an average price target of $44.24.

Insider Buying and Selling at Enphase Energy

In other Enphase Energy news, Director Richard Mora sold 700 shares of the business’s stock in a transaction dated Tuesday, May 19th. The stock was 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 approximately $678,314.58. The trade was a 4.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 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. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 2.90% of the company’s stock.

Enphase Energy Stock Performance

Shares of NASDAQ:ENPH opened at $68.36 on Monday. Enphase Energy, Inc. has a 12-month low of $25.77 and a 12-month high of $73.74. The business’s fifty day simple moving average is $41.57 and its 200-day simple moving average is $38.61. The company has a market capitalization of $9.01 billion, a PE ratio of 67.68 and a beta of 1.59. The company has a current ratio of 3.80, a quick ratio of 3.20 and a debt-to-equity ratio of 0.52.

Enphase Energy (NASDAQ:ENPH) last announced its 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. Enphase Energy had a return on equity of 16.88% and a net margin of 9.64%.The firm had revenue of $282.90 million for the quarter, compared to the consensus estimate of $282.28 million. During the same period in the previous year, the business earned $0.68 EPS. The firm’s revenue for the quarter was down 20.6% on a year-over-year basis. As a group, equities research analysts predict that Enphase Energy, Inc. will post 0.84 earnings per share for the current fiscal year.

Key Enphase Energy News

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

• Positive Sentiment: TD Cowen doubled its price target on Enphase Energy to $70, reflecting improved valuation expectations and supporting the stock’s recent strength. Read More
• Positive Sentiment: Enphase was highlighted in articles about solar and clean-energy leaders, keeping the company visible to investors focused on the renewable-energy theme. Read More
• Positive Sentiment: News that PowerBridge expanded its energy portfolio through an Enphase patent acquisition may reinforce the value of Enphase’s intellectual property. Read More
• Neutral Sentiment: Some commentary focused on Enphase as an AI-infrastructure-related idea, but one Seeking Alpha piece argued that narrative may not amount to much, making the thesis uncertain. Read More
• Neutral Sentiment: Zacks noted Enphase has risen sharply since its last earnings report, but the article was mainly a performance update rather than a fresh fundamental catalyst. Read More
• Negative Sentiment: Bearish trading commentary flagged Enphase as potentially overextended and possibly in a short squeeze, which can increase the risk of a pullback if momentum fades. Read More
• Negative Sentiment: Market commentary also pointed out that short interest had jumped in May, adding to volatility risk even though the reported figures were unusual. Read More

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.