Baker Avenue Asset Management LP Has $3.46 Million Stake in Enphase Energy, Inc. $ENPH

Baker Avenue Asset Management LP decreased its holdings in shares of Enphase Energy, Inc. (NASDAQ:ENPH) by 19.2% in the 4th quarter, Holdings Channel reports. The fund owned 107,977 shares of the semiconductor company’s stock after selling 25,714 shares during the period. Baker Avenue Asset Management LP’s holdings in Enphase Energy were worth $3,461,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of ENPH. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its stake in Enphase Energy by 431.9% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 633 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 514 shares in the last quarter. Glass Jacobson Investment Advisors llc raised its stake 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 worth $26,000 after acquiring an additional 350 shares in the last quarter. Stance Capital LLC acquired a new position in Enphase Energy during the third quarter worth about $32,000. Activest Wealth Management raised its stake in Enphase Energy by 52,000.0% during the fourth quarter. Activest Wealth Management now owns 1,042 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 1,040 shares in the last quarter. Finally, Danske Bank A S acquired a new position in Enphase Energy during the third quarter worth about $39,000. Institutional investors and hedge funds own 72.12% of the company’s stock.

Enphase Energy News Roundup

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

Analysts Set New Price Targets

ENPH has been the subject of several research analyst reports. Evercore set a $37.00 target price on Enphase Energy in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft boosted their target price on Enphase Energy from $39.00 to $40.00 and gave the stock a “hold” rating in a research note on Thursday, April 30th. JPMorgan Chase & Co. lowered their target price on Enphase Energy from $39.00 to $35.00 and set a “neutral” rating for the company in a research note on Wednesday, April 29th. Mizuho set a $39.00 price objective on Enphase Energy in a research note on Wednesday, February 4th. Finally, Barclays lowered their price objective 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. Nine research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and six have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $42.78.

Enphase Energy Stock Performance

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

Enphase Energy (NASDAQ:ENPH) last released its earnings results on Tuesday, April 28th. The semiconductor company reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates 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 net margin of 9.64% and a return on equity of 16.88%. The company’s revenue for the quarter was down 20.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.68 EPS. Research analysts anticipate that Enphase Energy, Inc. will post 0.84 earnings per share for the current year.

Insider Buying and Selling at Enphase Energy

In other Enphase Energy news, Director Richard Mora sold 700 shares of the 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 completion of the sale, the director owned 14,622 shares of the company’s stock, valued at approximately $678,314.58. This represents a 4.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Thurman J. Rodgers sold 137,250 shares of the stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $43.61, for a total transaction of $5,985,472.50. Following the sale, the director directly owned 1,597,641 shares of the company’s stock, valued at $69,673,124.01. This represents a 7.91% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 2.90% of the company’s stock.

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.