Kimelman & Baird LLC Makes New Investment in Enphase Energy, Inc. $ENPH

Posted by Brian Himes on Aug 29th, 2026

Kimelman & Baird LLC purchased a new stake in Enphase Energy, Inc. (NASDAQ:ENPH – Free Report) during the second quarter, according to its most recent filing with the SEC. The firm purchased 204,838 shares of the semiconductor company’s stock, valued at approximately $10,086,000.

Other hedge funds also recently modified their holdings of the company. Monaco Asset Management SAM bought a new position in Enphase Energy during the 4th quarter worth $2,724,000. Handelsbanken Fonder AB lifted its stake in Enphase Energy by 154.9% in the second quarter. Handelsbanken Fonder AB now owns 2,111,158 shares of the semiconductor company’s stock valued at $103,953,000 after buying an additional 1,283,052 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Enphase Energy by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 16,329,647 shares of the semiconductor company’s stock valued at $523,365,000 after acquiring an additional 246,876 shares during the period. First Trust Advisors LP grew its position in shares of Enphase Energy by 42.4% during the first quarter. First Trust Advisors LP now owns 1,834,416 shares of the semiconductor company’s stock worth $69,359,000 after acquiring an additional 546,460 shares during the last quarter. Finally, SIR Capital Management L.P. bought a new position in shares of Enphase Energy during the second quarter worth about $10,858,000. Institutional investors and hedge funds own 72.12% of the company’s stock.

Insider Activity

In other Enphase Energy news, Director Richard Mora sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $36.76, for a total transaction of $73,520.00. Following the completion of the sale, the director owned 11,922 shares of the company’s stock, valued at $438,252.72. This represents a 14.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Shanker Trivedi purchased 1,000 shares of the stock in a transaction dated Friday, June 12th. The stock was acquired at an average cost of $53.91 per share, for a total transaction of $53,910.00. Following the completion of the transaction, the director owned 1,000 shares of the company’s stock, valued at $53,910. The trade was a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders sold 4,200 shares of company stock worth $179,000. Insiders own 2.90% of the company’s stock.

Enphase Energy Trading Down 5.1%

Shares of ENPH stock opened at $37.25 on Friday. Enphase Energy, Inc. has a fifty-two week low of $25.77 and a fifty-two week high of $73.74. The company has a quick ratio of 2.95, a current ratio of 3.45 and a debt-to-equity ratio of 0.48. The stock has a 50-day simple moving average of $41.51 and a 200 day simple moving average of $43.81. The stock has a market capitalization of $4.92 billion, a P/E ratio of 37.25 and a beta of 1.64.

Enphase Energy (NASDAQ:ENPH – Get Free Report) last announced its earnings results on Tuesday, July 28th. The semiconductor company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.01). Enphase Energy had a return on equity of 13.31% and a net margin of 10.09%.The company had revenue of $291.85 million for the quarter, compared to analyst estimates of $289.76 million. During the same period last year, the firm earned $0.69 earnings per share. The firm’s revenue for the quarter was down 19.6% on a year-over-year basis. On average, sell-side analysts expect that Enphase Energy, Inc. will post 0.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

ENPH has been the topic of several recent research reports. Citigroup cut their price objective on shares of Enphase Energy from $43.00 to $40.00 and set a “neutral” rating on the stock in a research report on Thursday, July 30th. Oppenheimer cut their price target on Enphase Energy from $57.00 to $56.00 and set an “outperform” rating on the stock in a report on Wednesday, July 29th. BMO Capital Markets reduced their price objective on Enphase Energy from $39.00 to $37.00 and set a “market perform” rating for the company in a research report on Wednesday, July 29th. TD Cowen reduced their price objective on Enphase Energy from $70.00 to $48.00 and set a “hold” rating for the company in a research report on Monday, July 20th. Finally, Wells Fargo & Company lowered their target price on Enphase Energy from $45.00 to $44.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 29th. Nine investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $45.79.

Get Our Latest Analysis on Enphase Energy

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.