Kettle Hill Capital Management LLC Purchases Shares of 72,794 Enphase Energy, Inc. $ENPH

Posted by Stanley Muller on Jun 16th, 2026

Kettle Hill Capital Management LLC acquired a new stake in shares of Enphase Energy, Inc. (NASDAQ:ENPH – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 72,794 shares of the semiconductor company’s stock, valued at approximately $2,333,000.

Several other large investors have also recently modified their holdings of ENPH. Norges Bank purchased a new stake in Enphase Energy during the 4th quarter valued at about $118,190,000. Coatue Management LLC lifted its position in Enphase Energy by 95.3% in the third quarter. Coatue Management LLC now owns 1,647,893 shares of the semiconductor company’s stock valued at $58,319,000 after purchasing an additional 803,945 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Enphase Energy by 2,335.6% in the third quarter. Arrowstreet Capital Limited Partnership now owns 798,090 shares of the semiconductor company’s stock valued at $28,244,000 after purchasing an additional 765,322 shares during the last quarter. Alyeska Investment Group L.P. purchased a new stake in shares of Enphase Energy during the fourth quarter valued at approximately $20,278,000. Finally, Schroder Investment Management Group grew its holdings in shares of Enphase Energy by 56.8% in the fourth quarter. Schroder Investment Management Group now owns 1,606,093 shares of the semiconductor company’s stock worth $51,475,000 after purchasing an additional 581,687 shares during the last quarter. Hedge funds and other institutional investors own 72.12% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Weiss Ratings lowered shares of Enphase Energy from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, June 5th. Citigroup decreased their price objective on shares of Enphase Energy from $37.00 to $31.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. Jefferies Financial Group upped their price objective on shares of Enphase Energy from $41.00 to $64.00 and gave the company a “buy” rating in a research note on Friday. Glj Research reiterated a “sell” rating and set a $21.70 target price on shares of Enphase Energy in a report on Thursday, June 11th. Finally, TD Cowen raised their target price on Enphase Energy from $35.00 to $70.00 and gave the stock a “hold” rating in a research note on Friday, May 29th. Nine analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $44.65.

View Our Latest Analysis on ENPH

Enphase Energy Trading Down 4.0%

Shares of ENPH opened at $52.40 on Tuesday. The firm’s 50-day moving average price is $45.87 and its 200-day moving average price is $41.03. The firm has a market capitalization of $6.91 billion, a price-to-earnings ratio of 51.88 and a beta of 1.59. The company has a current ratio of 3.80, a quick ratio of 3.20 and a debt-to-equity ratio of 0.52. Enphase Energy, Inc. has a 1-year low of $25.77 and a 1-year high of $73.74.

Enphase Energy (NASDAQ:ENPH – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The semiconductor company reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.04. Enphase Energy had a net margin of 9.64% and a return on equity of 16.88%. The company had revenue of $282.90 million during the quarter, compared to the consensus estimate of $282.28 million. During the same period in the prior year, the firm earned $0.68 earnings per share. Enphase Energy’s revenue was down 20.6% on a year-over-year basis. Sell-side analysts anticipate that Enphase Energy, Inc. will post 0.84 EPS for the current year.

Insiders Place Their Bets

In other news, CEO Badrinarayanan Kothandaraman bought 5,000 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was purchased at an average price of $67.50 per share, with a total value of $337,500.00. Following the transaction, the chief executive officer owned 1,645,632 shares of the company’s stock, valued at approximately $111,080,160. The trade was a 0.30% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard Mora sold 700 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $64.20, for a total value of $44,940.00. Following the completion of the transaction, the director owned 13,922 shares of the company’s stock, valued at approximately $893,792.40. The trade was a 4.79% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 2.90% of the company’s stock.

About Enphase Energy

(Free Report)

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.