Enphase Energy, Inc. (ENPH) Stock Is Rising Now

March 14, 2018 - By Henry Gaston

Investors sentiment increased to 0.8 in 2017 Q3. Its up 0.18, from 0.62 in 2017Q2. It is positive, as 12 investors sold Enphase Energy, Inc. shares while 3 reduced holdings. 4 funds opened positions while 8 raised stakes. 13.44 million shares or 4.10% less from 14.02 million shares in 2017Q2 were reported.
Moreover, Geode Capital Mgmt Limited Liability has 0% invested in Enphase Energy, Inc. (NASDAQ:ENPH) for 277,732 shares. Illinois-based Citadel Advsr Ltd has invested 0% in Enphase Energy, Inc. (NASDAQ:ENPH). Tinicum Incorporated invested in 763,500 shares or 0.41% of the stock. Ancora Advisors Ltd Liability holds 0.01% or 100,000 shares in its portfolio. Northern Tru invested in 139,964 shares. Old West Invest Ltd owns 1.62 million shares. Vanguard Grp Incorporated holds 0% of its portfolio in Enphase Energy, Inc. (NASDAQ:ENPH) for 2.10 million shares. Gradient Invs Llc reported 10,000 shares. Merriman Wealth stated it has 0.01% in Enphase Energy, Inc. (NASDAQ:ENPH). Blackrock invested in 718,229 shares or 0% of the stock. Brown Advisory stated it has 20,299 shares or 0% of all its holdings. Electron Capital Partners Ltd Com holds 1.22% or 4.31M shares in its portfolio. 5,000 are owned by Barclays Public Limited. Zurcher Kantonalbank (Zurich Cantonalbank) reported 37,900 shares. Guggenheim Capital Limited Liability stated it has 0% in Enphase Energy, Inc. (NASDAQ:ENPH).

Since February 15, 2018, it had 1 insider buy, and 2 sales for $212,757 activity. Another trade for 16,375 shares valued at $45,031 was made by Garcia Humberto on Thursday, February 15. Another trade for 40,000 shares valued at $132,800 was bought by Kothandaraman Badrinarayanan.

The stock of Enphase Energy, Inc. (NASDAQ:ENPH) is a huge mover today! The stock increased 6.78% or $0.27 during the last trading session, reaching $4.25. About 2.89M shares traded or 147.58% up from the average. Enphase Energy, Inc. (NASDAQ:ENPH) has declined 60.65% since March 14, 2017 and is downtrending. It has underperformed by 77.35% the S&P500.
The move comes after 9 months positive chart setup for the $365.15 million company. It was reported on Mar, 14 by Barchart.com. We have $4.38 PT which if reached, will make NASDAQ:ENPH worth $10.95M more.

Analysts await Enphase Energy, Inc. (NASDAQ:ENPH) to report earnings on May, 8. They expect $-0.06 earnings per share, up 71.43 % or $0.15 from last year’s $-0.21 per share. After $-0.03 actual earnings per share reported by Enphase Energy, Inc. for the previous quarter, Wall Street now forecasts 100.00 % negative EPS growth.

Enphase Energy, Inc. (NASDAQ:ENPH) Ratings Coverage

Among 12 analysts covering Enphase Energy Inc (NASDAQ:ENPH), 6 have Buy rating, 0 Sell and 6 Hold. Therefore 50% are positive. Enphase Energy Inc had 33 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was upgraded by Avondale on Wednesday, November 2 to “Mkt Outperform”. The company was maintained on Monday, November 20 by Craig Hallum. As per Wednesday, November 2, the company rating was upgraded by Oppenheimer. Deutsche Bank downgraded Enphase Energy, Inc. (NASDAQ:ENPH) on Tuesday, October 20 to “Sell” rating. As per Wednesday, February 24, the company rating was downgraded by Oppenheimer. The stock has “Buy” rating by Cowen & Co on Friday, September 22. Oppenheimer maintained the stock with “Outperform” rating in Wednesday, November 4 report. Deutsche Bank maintained it with “Sell” rating and $2 target in Wednesday, November 4 report. The company was initiated on Thursday, September 3 by Cowen & Co. On Wednesday, September 9 the stock rating was initiated by Oppenheimer with “Outperform”.

More notable recent Enphase Energy, Inc. (NASDAQ:ENPH) news were published by: Fool.com which released: “Why Enphase Energy Inc’s Shares Popped 24% Today” on February 28, 2018, also Seekingalpha.com with their article: “Enphase Energy’s High IQ” published on March 05, 2018, Globenewswire.com published: “Enphase Energy to Participate at Upcoming ROTH Investor Conference” on March 06, 2018. More interesting news about Enphase Energy, Inc. (NASDAQ:ENPH) were released by: Streetinsider.com and their article: “Enphase Energy (ENPH) and Panasonic Enter Strategic Partnership for High …” published on February 12, 2018 as well as Zacks.com‘s news article titled: “Enphase Energy (ENPH) Q4 Earnings Beat, Issues Guidance” with publication date: March 01, 2018.

Enphase Energy, Inc., together with its subsidiaries, designs, develops, and sells microinverter systems for residential and commercial markets in the United States and internationally. The company has market cap of $365.15 million. The company's semiconductor microinverter system converts direct current electricity to alternating current electricity at the individual solar module level. It currently has negative earnings. It also offers energy storage systems, including its AC battery; and energy monitoring and control services.

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