Norges Bank Makes New Investment in Enphase Energy, Inc. $ENPH

Posted by Brenda Bartman on Jun 5th, 2026

Norges Bank acquired a new stake in Enphase Energy, Inc. (NASDAQ:ENPH – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 3,687,686 shares of the semiconductor company’s stock, valued at approximately $118,190,000.

Several other hedge funds have also recently modified their holdings of ENPH. Principal Financial Group Inc. increased its position in shares of Enphase Energy by 334.1% during the third quarter. Principal Financial Group Inc. now owns 626,065 shares of the semiconductor company’s stock valued at $22,156,000 after acquiring an additional 481,846 shares during the last quarter. Coatue Management LLC lifted its holdings in Enphase Energy by 95.3% during the third quarter. Coatue Management LLC now owns 1,647,893 shares of the semiconductor company’s stock worth $58,319,000 after acquiring an additional 803,945 shares during the period. Dynamic Technology Lab Private Ltd boosted its position in Enphase Energy by 695.8% in the third quarter. Dynamic Technology Lab Private Ltd now owns 47,787 shares of the semiconductor company’s stock worth $1,691,000 after purchasing an additional 41,782 shares during the last quarter. Schroder Investment Management Group boosted its position in Enphase Energy by 24.3% in the third quarter. Schroder Investment Management Group now owns 1,024,406 shares of the semiconductor company’s stock worth $36,254,000 after purchasing an additional 200,059 shares during the last quarter. Finally, Heron Bay Capital Management bought a new position in Enphase Energy in the 3rd quarter valued at $1,039,000. Institutional investors own 72.12% of the company’s stock.

Analyst Upgrades and Downgrades

ENPH has been the subject of several research analyst reports. JPMorgan Chase & Co. lowered their target price on Enphase Energy from $39.00 to $35.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 29th. UBS Group set a $85.00 price target on shares of Enphase Energy in a research report on Friday, May 22nd. Jefferies Financial Group decreased their price objective on shares of Enphase Energy from $57.00 to $54.00 and set a “buy” rating for the company in a report on Thursday, March 26th. Susquehanna lowered their price objective on shares of Enphase Energy from $36.00 to $32.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. Finally, Weiss Ratings upgraded shares of Enphase Energy from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, May 20th. Nine equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and six have given a Sell rating to the company. Based on data from MarketBeat, Enphase Energy has an average rating of “Hold” and a consensus target price of $44.24.

View Our Latest Analysis on Enphase Energy

Insider Activity

In related news, 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 directly owned 13,922 shares of the company’s stock, valued at approximately $893,792.40. This trade represents a 4.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Thurman J. Rodgers sold 137,250 shares of Enphase Energy stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $43.61, for a total transaction of $5,985,472.50. Following the completion of the transaction, the director owned 1,597,641 shares of the company’s stock, valued at $69,673,124.01. This represents a 7.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 138,650 shares of company stock valued at $6,062,886 over the last quarter. Company insiders own 2.90% of the company’s stock.

Enphase Energy Trading Down 0.9%

Shares of ENPH opened at $68.39 on Friday. Enphase Energy, Inc. has a fifty-two week low of $25.77 and a fifty-two week high of $73.74. The business has a 50-day moving average of $43.63 and a 200 day moving average of $39.70. The firm has a market cap of $9.01 billion, a P/E ratio of 67.71 and a beta of 1.60. The company has a debt-to-equity ratio of 0.52, a quick ratio of 3.20 and a current ratio of 3.80.

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

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.