How Many Enphase Energy, Inc. (NASDAQ:ENPH)’s Analysts Are Bullish?

March 22, 2018 - By sdfsdfsdf

 How Many Enphase Energy, Inc. (NASDAQ:ENPH)'s Analysts Are Bullish?
Investors sentiment increased to 0.8 in Q3 2017. 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.
The New York-based Financial Bank Of Mellon Corporation has invested 0% in Enphase Energy, Inc. (NASDAQ:ENPH). Northern Trust Corporation stated it has 139,964 shares. Old West Invest Mngmt Ltd Liability Corp holds 1.29% or 1.62 million shares. Brandes Prns Limited Partnership holds 0% or 46,000 shares. 1.67 million were accumulated by Gilder Gagnon Howe And Com Lc. Brown Advisory has 0% invested in Enphase Energy, Inc. (NASDAQ:ENPH) for 20,299 shares. California Employees Retirement System invested in 0% or 37,300 shares. Vanguard Gru, a Pennsylvania-based fund reported 2.10 million shares. Geode Cap reported 277,732 shares. The North Carolina-based State Bank Of America Corp De has invested 0% in Enphase Energy, Inc. (NASDAQ:ENPH). Emerald Mutual Fund Advisers Tru accumulated 268,600 shares. Citadel Lc reported 85,832 shares. Blackrock invested in 0% or 718,229 shares. White Pine Ltd Llc holds 0% in Enphase Energy, Inc. (NASDAQ:ENPH) or 21,000 shares. Ancora owns 100,000 shares for 0.01% of their portfolio.

Since February 15, 2018, it had 1 insider purchase, and 2 sales for $212,757 activity. 77,551 shares were sold by Weber John Howard, worth $300,526 on Tuesday, March 6. On Thursday, March 1 Kothandaraman Badrinarayanan bought $132,800 worth of Enphase Energy, Inc. (NASDAQ:ENPH) or 40,000 shares.

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 firm has “Neutral” rating given on Monday, October 26 by Goldman Sachs. The stock has “Sell” rating by Deutsche Bank on Tuesday, October 20. As per Wednesday, February 24, the company rating was downgraded by Oppenheimer. The company was maintained on Monday, October 23 by Cowen & Co. On Thursday, June 22 the stock rating was maintained by Roth Capital with “Hold”. Oppenheimer maintained it with “Outperform” rating and $7 target in Wednesday, November 4 report. As per Tuesday, September 15, the company rating was maintained by Needham. As per Wednesday, November 18, the company rating was maintained by TH Capital. The stock of Enphase Energy, Inc. (NASDAQ:ENPH) earned “Hold” rating by Roth Capital on Friday, February 23. Deutsche Bank upgraded the stock to “Hold” rating in Tuesday, June 20 report. Below is a list of Enphase Energy, Inc. (NASDAQ:ENPH) latest ratings and price target changes.

28/02/2018 Broker: Roth Capital Old Rating: Neutral New Rating: Buy Upgrade
23/02/2018 Broker: Roth Capital Rating: Hold New Target: $2.4 Maintain
20/11/2017 Broker: Craig Hallum Rating: Buy New Target: $4.0 Maintain
03/11/2017 Broker: Roth Capital Rating: Hold New Target: $1.45 Maintain
23/10/2017 Broker: Cowen & Co Rating: Buy New Target: $2.0 Maintain
25/09/2017 Broker: Needham Rating: Hold Maintain

The stock increased 0.42% or $0.02 during the last trading session, reaching $4.73. About 1.94 million shares traded or 47.57% up from the average. Enphase Energy, Inc. (NASDAQ:ENPH) has declined 60.65% since March 22, 2017 and is downtrending. It has underperformed by 77.35% the S&P500.

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 $406.39 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.

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