Enphase Energy (NASDAQ:ENPH) Moves On H.C. Wainwright Initiation. How Much Are Shares Worth?

May 17, 2018 - By reb123z

Enphase Energy, Inc. (NASDAQ:ENPH) Logo

Investors sentiment increased to 3.17 in 2017 Q4. Its up 2.37, from 0.8 in 2017Q3. It increased, as 3 investors sold Enphase Energy, Inc. shares while 9 reduced holdings. 28 funds opened positions while 10 raised stakes. 33.84 million shares or 151.70% more from 13.44 million shares in 2017Q3 were reported.

Goldman Sachs Grp holds 52,950 shares. Brandes Invest Ptnrs Limited Partnership reported 46,000 shares or 0% of all its holdings. Tinicum Inc holds 0.56% or 763,500 shares in its portfolio. Blackrock owns 732,297 shares for 0% of their portfolio. Electron Capital Prtn Ltd has invested 1.72% in Enphase Energy, Inc. (NASDAQ:ENPH). Engineers Gate Manager Lp has 101,165 shares for 0.02% of their portfolio. Guggenheim Lc invested in 19,605 shares. Royal Natl Bank Of Canada owns 104 shares. Brown Advisory Incorporated invested 0% in Enphase Energy, Inc. (NASDAQ:ENPH). Amundi Pioneer Asset Inc accumulated 0% or 133,453 shares. Geode Mngmt Ltd Co holds 0% in Enphase Energy, Inc. (NASDAQ:ENPH) or 369,816 shares. Wasatch Advsrs reported 0.01% stake. Jacobs Levy Equity Mngmt Inc holds 0% in Enphase Energy, Inc. (NASDAQ:ENPH) or 91,575 shares. Boothbay Fund Mgmt holds 0.02% of its portfolio in Enphase Energy, Inc. (NASDAQ:ENPH) for 52,564 shares. Savings Bank Of America De stated it has 31,210 shares.

Since February 15, 2018, it had 1 buy, and 2 sales for $212,757 activity. Shares for $132,800 were bought by Kothandaraman Badrinarayanan. 16,375 Enphase Energy, Inc. (NASDAQ:ENPH) shares with value of $45,031 were sold by Garcia Humberto.

Why Has H.C. Wainwright Given Enphase Energy (NASDAQ:ENPH) a $8.0000 Price Target

In a note shared with investors on Wednesday, 16 May, H.C. Wainwright analyst has today began coverage for Enphase Energy (NASDAQ:ENPH) shares with a Buy rating. The target is $8.0000.

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

Among 6 analysts covering Enphase Energy (NASDAQ:ENPH), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Enphase Energy has $600 highest and $2.4 lowest target. $5.58’s average target is -0.36% below currents $5.6 stock price. Enphase Energy had 10 analyst reports since November 20, 2017 according to SRatingsIntel. The stock of Enphase Energy, Inc. (NASDAQ:ENPH) has “Buy” rating given on Monday, April 16 by Roth Capital. The stock of Enphase Energy, Inc. (NASDAQ:ENPH) has “Hold” rating given on Friday, February 23 by Roth Capital. Oppenheimer maintained the stock with “Outperform” rating in Wednesday, May 2 report. As per Wednesday, April 4, the company rating was maintained by Roth Capital. The firm earned “Buy” rating on Wednesday, February 28 by Roth Capital. The firm has “Buy” rating by Cowen & Co given on Tuesday, April 24. Craig Hallum maintained it with “Buy” rating and $4.0 target in Monday, November 20 report. The stock has “Buy” rating by FBR Capital on Monday, March 26. The firm has “Buy” rating by Roth Capital given on Thursday, March 22.

The stock increased 5.66% or $0.3 during the last trading session, reaching $5.6. About 5.21 million shares traded or 173.55% up from the average. Enphase Energy, Inc. (NASDAQ:ENPH) has risen 309.68% since May 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 August, 14. They expect $-0.01 EPS, up 88.89 % or $0.08 from last year’s $-0.09 per share. After $-0.06 actual EPS reported by Enphase Energy, Inc. for the previous quarter, Wall Street now forecasts -83.33 % EPS growth.

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 $542.35 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.

More notable recent Enphase Energy, Inc. (NASDAQ:ENPH) news were published by: Benzinga.com which released: “40 Stocks Moving In Wednesday’s Mid-Day Session” on May 16, 2018, also Seekingalpha.com with their article: “Positive Karma For Enphase Energy” published on April 26, 2018, Nasdaq.com published: “Enphase Energy and ImagineSolar Announce Training Collaboration for Smart-Grid-Ready Solar Technology” on May 14, 2018. More interesting news about Enphase Energy, Inc. (NASDAQ:ENPH) were released by: Seekingalpha.com and their article: “Enphase Energy On The Rise” published on May 14, 2018 as well as Finance.Yahoo.com‘s news article titled: “3 Stocks That Doubled to Start 2018” with publication date: May 16, 2018.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.