Enphase Energy Inc (NASDAQ: ENPH) is -9.16% lower on its value in year-to-date trading and has touched a low of $51.63 and a high of $141.63 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ENPH stock was last observed hovering at around $62.05 in the last trading session, with the day’s gains setting it 0.34%.
Currently trading at $62.39, the stock is 2.25% and 0.34% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.06 million and changing 0.55% at the moment leaves the stock -27.94% off its SMA200. ENPH registered -48.43% loss for a year compared to 6-month loss of -45.75%. The firm has a 50-day simple moving average (SMA 50) of $62.1782 and a 200-day simple moving average (SMA200) of $86.5779.
The stock witnessed a 18.01% gain in the last 1 month and extending the period to 3 months gives it a -13.50%, and is -0.61% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.28% over the week and 5.98% over the month.
Enphase Energy Inc (ENPH) has around 2781 employees, a market worth around $8.26B and $1.33B in sales. Current P/E ratio is 84.52 and Fwd P/E is 15.00. Profit margin for the company is 7.72%. Distance from 52-week low is 20.84% and -55.95% from its 52-week high. The company has generated returns on investments over the last 12 months (4.99%).
The EPS is expected to grow by 39.33% this year.
Enphase Energy Inc (ENPH) Top Institutional Holders
1006.0 institutions hold shares in Enphase Energy Inc (ENPH), with institutional investors hold 96.89% of the company’s shares. The shares outstanding are 132.45M, and float is at 127.08M with Short Float at 15.76%. Institutions hold 93.53% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 16.14 million shares valued at $1.61 billion. The investor’s holdings represent 11.8737% of the ENPH Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 15.39 million shares valued at $1.53 billion to account for 11.3423 of the shares outstanding. The other top investors are BAILLIE GIFFORD & CO which holds 6.29 million shares representing 4.6334% and valued at over $626.68 million, while STATE STREET CORP holds 4.3468 of the shares totaling 5.9 million with a market value of $587.91 million.
Enphase Energy Inc (ENPH) Insider Activity
The most recent transaction is an insider sale by Yang Mandy, the company’s EVP, Chief Financial Officer. SEC filings show that Yang Mandy sold 1,319 shares of the company’s common stock on Mar 10 ’25 at a price of $63.32 per share for a total of $83519.0. Following the sale, the insider now owns 78524.0 shares.
Enphase Energy Inc disclosed in a document filed with the SEC on Mar 07 ’25 that Rodgers Thurman J (Director) sold a total of 100,000 shares of the company’s common stock. The trade occurred on Mar 07 ’25 and was made at $61.26 per share for $6.13 million. Following the transaction, the insider now directly holds 1.88 million shares of the ENPH stock.
Still, SEC filings show that on Mar 07 ’25, Rodgers Massey Rev Liv Tr DTD (Director) Proposed Sale 100,000 shares at an average price of $61.26 for $6.13 million. The insider now directly holds shares of Enphase Energy Inc (ENPH).
