Pro-Enphase Energy Inc Institutional Investors Sentiment Runs High in 2017 Q4

April 17, 2018 - By Maria Brooks

Enphase Energy, Inc. (NASDAQ:ENPH) Logo

Sentiment for Enphase Energy Inc (NASDAQ:ENPH)

Enphase Energy Inc (NASDAQ:ENPH) institutional sentiment increased to 3.17 in 2017 Q4. Its up 2.37, from 0.8 in 2017Q3. The ratio is better, as 38 institutional investors started new and increased holdings, while 12 reduced and sold holdings in Enphase Energy Inc. The institutional investors in our partner’s database now own: 33.84 million shares, up from 13.44 million shares in 2017Q3. Also, the number of institutional investors holding Enphase Energy Inc in their top 10 holdings was flat from 1 to 1 for the same number . Sold All: 3 Reduced: 9 Increased: 10 New Position: 28.

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 $408.23 million. The companyÂ’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.

The stock increased 7.58% or $0.3 during the last trading session, reaching $4.26. About 1.47 million shares traded. Enphase Energy, Inc. (NASDAQ:ENPH) has risen 309.68% since April 17, 2017 and is uptrending. It has outperformed by 298.13% the S&P500.

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.

Old West Investment Management Llc holds 2.44% of its portfolio in Enphase Energy, Inc. for 1.78 million shares. Electron Capital Partners Llc owns 4.24 million shares or 1.72% of their US portfolio. Moreover, Tinicum Inc has 0.56% invested in the company for 763,500 shares. The California-based Eam Investors Llc has invested 0.27% in the stock. Gilder Gagnon Howe & Co Llc, a New York-based fund reported 1.88 million shares.#img1#

Since January 1, 0001, it had 1 buy, and 2 selling transactions for $212,757 activity.

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

Ratings analysis reveals 100% of Enphase Energy’s analysts are positive. Out of 5 Wall Street analysts rating Enphase Energy, 5 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $1.45 while the high is $600. The stock’s average target of $4.80 is 12.68% above today’s ($4.26) share price. ENPH was included in 10 notes of analysts from October 23, 2017. The stock of Enphase Energy, Inc. (NASDAQ:ENPH) earned “Buy” rating by Roth Capital on Wednesday, February 28. The company was maintained on Wednesday, April 4 by Roth Capital. The rating was maintained by Craig Hallum on Monday, November 20 with “Buy”. FBR Capital initiated it with “Buy” rating and $600 target in Monday, March 26 report. Roth Capital maintained the shares of ENPH in report on Friday, February 23 with “Hold” rating. The stock of Enphase Energy, Inc. (NASDAQ:ENPH) earned “Buy” rating by Cowen & Co on Monday, October 23. The stock of Enphase Energy, Inc. (NASDAQ:ENPH) has “Buy” rating given on Monday, April 16 by Roth Capital. Roth Capital maintained the stock with “Hold” rating in Friday, November 3 report. The firm has “Buy” rating by Roth Capital given on Thursday, March 22.

Enphase Energy, Inc. (NASDAQ:ENPH) Institutional Positions Chart

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