Uncovering Institutional Buying In Enphase Energy Inc (NASDAQ: ENPH)

Currently, there are 132.45M common shares owned by the public and among those 127.05M shares have been available to trade.

Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.

The company’s stock has a 5-day price change of -10.75% and -20.04% over the past three months. ENPH shares are trading -15.75% year to date (YTD), with the 12-month market performance down to -54.44% lower. It has a 12-month low price of $52.66 and touched a high of $141.63 over the same period. ENPH has an average intraday trading volume of 3.87 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -8.29%, -11.66%, and -37.74% respectively.

Institutional ownership of Enphase Energy Inc (NASDAQ: ENPH) shares accounts for 90.79% of the company’s 132.45M shares outstanding.

It has a market capitalization of $7.66B and a beta (3y monthly) value of 2.06. The stock’s trailing 12-month PE ratio is 78.38, while the earnings-per-share (ttm) stands at $0.74. The company has a PEG of 2.87 and a Quick Ratio of 3.28 with the debt-to-equity ratio at 1.60. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.55% over the week and 5.96% over the month.

Earnings per share for the fiscal year are expected to increase by 40.28%, and 25.46% over the next financial year. EPS should grow at an annualized rate of 27.35% over the next five years, compared to -9.43% over the past 5-year period.

Canaccord Genuity coverage for the Enphase Energy Inc (ENPH) stock in a research note released on February 05, 2025 offered a Buy rating with a price target of $82. Guggenheim was of a view on January 31, 2025 that the stock is Neutral, while TD Cowen gave the stock Buy rating on January 27, 2025, issuing a price target of $120- $100. Truist on their part issued Hold rating on January 16, 2025.

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