State of New Jersey Common Pension Fund D Buys 11,953 Shares of Enphase Energy, Inc. $ENPH

State of New Jersey Common Pension Fund D boosted its stake in Enphase Energy, Inc. (NASDAQ:ENPH) by 24.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 61,511 shares of the semiconductor company’s stock after purchasing an additional 11,953 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Enphase Energy were worth $2,177,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in ENPH. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its stake in shares of Enphase Energy by 431.9% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 633 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 514 shares during the period. Salomon & Ludwin LLC raised its stake in Enphase Energy by 761.0% during the 3rd quarter. Salomon & Ludwin LLC now owns 861 shares of the semiconductor company’s stock worth $32,000 after buying an additional 761 shares during the period. Geneos Wealth Management Inc. boosted its holdings in Enphase Energy by 199.7% in the third quarter. Geneos Wealth Management Inc. now owns 920 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 613 shares in the last quarter. Manchester Capital Management LLC grew its stake in Enphase Energy by 24,040.0% in the second quarter. Manchester Capital Management LLC now owns 1,207 shares of the semiconductor company’s stock valued at $48,000 after acquiring an additional 1,202 shares during the period. Finally, Mather Group LLC. bought a new stake in shares of Enphase Energy during the third quarter valued at approximately $44,000. 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: Q4 beat, stronger-than-expected Q1 guidance and a tariff ruling have improved near-term fundamentals and helped re-rate ENPH after a recent strong share rebound. Enphase Energy (ENPH) Valuation Check After Strong Earnings Guidance And Tariff Relief News
• Negative Sentiment: Multiple law firms (Robbins Geller, Rosen, Faruqi, Berger Montague, Schall, DJS, others) have announced investigations or class-action filings for purchasers of ENPH between April 22, 2025 and October 28, 2025 and are soliciting lead-plaintiff appointments (deadline April 20, 2026). That raises potential litigation exposure, distraction and future costs that could cap upside or increase volatility. Representative filing/alert: INVESTOR ALERT: Enphase Energy, Inc. Investors with Substantial Losses Have Opportunity to Lead the Class Action Lawsuit – RGRD Law

Enphase Energy Stock Performance

Shares of ENPH stock opened at $47.40 on Tuesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.07 and a quick ratio of 1.84. The firm has a 50-day moving average of $38.47 and a 200-day moving average of $35.67. Enphase Energy, Inc. has a one year low of $25.77 and a one year high of $67.20. The company has a market cap of $6.21 billion, a P/E ratio of 36.74 and a beta of 1.37.

Enphase Energy (NASDAQ:ENPH) last released its quarterly earnings results on Tuesday, February 3rd. The semiconductor company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.19. The business had revenue of $343.32 million for the quarter, compared to analysts’ expectations of $340.45 million. Enphase Energy had a net margin of 11.69% and a return on equity of 20.31%. The firm’s revenue for the quarter was down 10.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.94 earnings per share. Equities research analysts forecast that Enphase Energy, Inc. will post 2.08 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ENPH has been the topic of a number of research reports. Barclays upped their target price on Enphase Energy from $33.00 to $35.00 and gave the stock an “underweight” rating in a research report on Wednesday, January 14th. Raymond James Financial initiated coverage on shares of Enphase Energy in a report on Monday, January 12th. They set a “market perform” rating on the stock. Zacks Research lowered shares of Enphase Energy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 30th. The Goldman Sachs Group boosted their target price on shares of Enphase Energy from $45.00 to $51.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Finally, Susquehanna reaffirmed a “neutral” rating and issued a $46.00 price target on shares of Enphase Energy in a research report on Wednesday, February 4th. Nine investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and nine have given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $42.70.

Insiders Place Their Bets

In other Enphase Energy news, CEO Badrinarayanan Kothandaraman purchased 5,000 shares of the company’s stock in a transaction that occurred on Thursday, February 5th. The shares were acquired at an average cost of $51.98 per share, for a total transaction of $259,900.00. Following the completion of the acquisition, the chief executive officer owned 1,640,632 shares of the company’s stock, valued at $85,280,051.36. The trade was a 0.31% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Thurman J. Rodgers sold 150,000 shares of the company’s stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $29.13, for a total value of $4,369,500.00. Following the completion of the transaction, the director owned 1,733,596 shares of the company’s stock, valued at $50,499,651.48. This trade represents a 7.96% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 157,100 shares of company stock worth $4,624,815 over the last 90 days. 3.10% of the stock is currently owned by corporate insiders.

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.