<div id="readability-page-1"><p>Public Sector Pension Investment Board raised its stake in  Enphase Energy, Inc. (NASDAQ:ENPH - Free Report) by 2,322.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 876,983 shares of the semiconductor company's stock after buying an additional 840,787 shares during the period. Public Sector Pension Investment Board owned about 0.67% of Enphase Energy worth $34,772,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>Enphase Energy</strong> alerts:</span></p></div><ul><li>Lululemon, UNH, Enphase: Bad News, Good Opportunity?</li></ul><p>A number of other hedge funds also recently made changes to their positions in the stock. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its holdings in  Enphase Energy by 431.9% during the 2nd 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 purchasing an additional 514 shares during the last quarter.  SVB Wealth LLC acquired a new stake in shares of  Enphase Energy during the first quarter worth $38,000.  Brooklyn Investment Group raised its stake in  Enphase Energy by 124.7% during the first quarter. Brooklyn Investment Group now owns 663 shares of the semiconductor company's stock worth $41,000 after buying an additional 368 shares during the last quarter.  CX Institutional lifted its holdings in  Enphase Energy by 135.4% in the second quarter. CX Institutional now owns 1,083 shares of the semiconductor company's stock valued at $43,000 after buying an additional 623 shares during the period.  Finally, Manchester Capital Management LLC lifted its holdings 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 buying an additional 1,202 shares during the period. 72.12% of the stock is currently owned by institutional investors. </p><h2>Enphase Energy Price Performance</h2><p>Shares of NASDAQ ENPH opened at $32.18 on Friday. The stock has a market cap of $4.21 billion, a price-to-earnings ratio of 22.19 and a beta of 1.43. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.88 and a current ratio of 2.04. Enphase Energy, Inc. has a fifty-two week low of $25.77 and a fifty-two week high of $76.90. The firm's 50-day simple moving average is $31.99 and its 200 day simple moving average is $35.99. </p><ul><li>4 Reasons Enphase Downtrend Won’t End in 2025; 1 That It Will</li></ul><p>Enphase Energy (NASDAQ:ENPH - Get Free Report) last issued its quarterly earnings data on Tuesday, October 28th. The semiconductor company reported $0.90 EPS for the quarter, topping analysts' consensus estimates of $0.60 by $0.30. Enphase Energy had a return on equity of 25.67% and a net margin of 12.93%.The firm had revenue of $410.43 million during the quarter, compared to analyst estimates of $364.64 million. During the same period in the previous year, the company posted $0.65 EPS. The company's revenue for the quarter was up 7.8% on a year-over-year basis.  As a group, research analysts anticipate that  Enphase Energy, Inc. will post 2.08 earnings per share for the current fiscal year. </p><h2>Analyst Upgrades and Downgrades</h2><p>ENPH has been the subject of a number of research analyst reports. Oppenheimer  set a $67.00 target price on Enphase Energy and gave the stock an &#34;outperform&#34; rating in a report on Wednesday, October 29th. Loop Capital  set a $31.00 price objective on shares of Enphase Energy in a research note on Thursday, October 30th. Mizuho downgraded shares of Enphase Energy from an &#34;outperform&#34; rating to a &#34;neutral&#34; rating and dropped their target price for the company from $50.00 to $37.00 in a research report on Thursday, October 23rd. Morgan Stanley reduced their price target on shares of Enphase Energy from $28.00 to $26.00 and set an &#34;underweight&#34; rating for the company in a report on Thursday, October 30th. Finally, TD Cowen dropped their price objective on shares of Enphase Energy from $40.00 to $35.00 and set a &#34;hold&#34; rating on the stock in a report on Wednesday, October 29th. Five equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and thirteen have assigned  a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of &#34;Reduce&#34; and an average target price of $39.75.</p><ul><li>3 Energy Storage Stocks Charging the Renewable Energy Sector</li></ul><p><b>Check Out Our Latest Analysis on Enphase Energy</b></p><h2>Insider Activity at Enphase Energy</h2><p>In other news, CEO Badrinarayanan Kothandaraman acquired 5,000 shares of the business's stock in a transaction on Monday, November 10th. The shares were purchased at an average cost of $30.69 per share, with a total value of $153,450.00. Following the acquisition, the chief executive officer directly owned 1,635,632 shares of the company's stock, valued at $50,197,546.08. The trade was a 0.31% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which can be accessed through this hyperlink. Also, EVP Mandy Yang sold 6,000 shares of the company's stock in a transaction on Friday, December 12th. The stock was sold at an average price of $33.01, for a total transaction of $198,060.00. Following the completion of the sale, the executive vice president owned 68,987 shares of the company's stock, valued at approximately $2,277,260.87. The trade was a 8.00% decrease in their position. The SEC filing for this sale provides additional information. 3.10% of the stock is currently owned by insiders. </p><h2>About Enphase Energy</h2> (Free Report)<p>Enphase Energy, Inc, together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control.</p><h2>See Also</h2><ul><li>Five stocks we like better than Enphase Energy</li><li>The Top 3 Healthcare Dividend Stocks to Buy and Hold</li><li>Disney's $1 Billion Deal Brings Its Magic to OpenAI</li><li>What Are the U.K. Market Holidays? How to Invest and Trade</li><li>Why Amazon Could Be a $300 Stock Within Weeks</li><li>What is Insider Trading? What You Can Learn from Insider Trading</li><li>Adobe Gets Post-Earnings Lift: Long-Term Outlook Favors Upside</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RU5QSA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RU5QSA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Enphase Energy Right Now?</h2><p>Before you consider Enphase Energy, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Enphase Energy wasn't on the list.</p><p>While Enphase Energy currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ENPH

<p>The Public Sector Pension Investment Board significantly increased its stake in Enphase Energy by 2,322.9% in Q2, purchasing 840,787 additional shares, now owning 0.67% of the company. Enphase Energy's recent financial performance showed a 7.8% revenue increase year-over-year, with a quarterly EPS of $0.90, surpassing estimates. Analysts have mixed ratings on the stock, with a consensus rating of "Reduce" and an average target price of $39.75.</p>

Public Sector Pension Investment Board Buys 840,787 Shares of Enphase Energy, Inc. $ENPH