Enphase Energy (NASDAQ:ENPH) with $8 Target Got Coverage By H.C. Wainwright On May 17, 2018.

May 17, 2018 - By Marcos Kline

Enphase Energy, Inc. (NASDAQ:ENPH) Corporate Logo

During 2017 Q4 the big money sentiment increased to 3.17. That’s change of 2.37, from 2017Q3’s 0.8. 3 investors sold all, 9 reduced holdings as Enphase Energy, Inc. ratio increased. 10 rose holdings while 28 funds took holdings. Funds hold 33.84 million shares thus 151.70% more from 2017Q3’s 13.44 million shares.

Hightower Advsrs Ltd holds 0% or 13,150 shs. Manufacturers Life Ins Company The, Ontario – Canada-based fund reported 2,749 shs. Tower Cap Ltd Limited Liability Company (Trc) reported 8,028 shs stake. Grp One Trading Limited Partnership has 0% invested in Enphase Energy, Inc. (NASDAQ:ENPH). Deutsche Bancorporation Ag invested in 600 shs. Guggenheim Cap Llc accumulated 19,605 shs or 0% of the stock. Millennium Mgmt Limited Liability Company owns 214,387 shs. San Francisco Sentry Gru Inc (Ca) holds 0% of its capital in Enphase Energy, Inc. (NASDAQ:ENPH) for 2,500 shs. Raymond James Fincl Serv reported 0% of its capital in Enphase Energy, Inc. (NASDAQ:ENPH). Citadel Advsrs Ltd Liability Corp has invested 0% in Enphase Energy, Inc. (NASDAQ:ENPH). Boothbay Fund Management Lc reported 0.02% of its capital in Enphase Energy, Inc. (NASDAQ:ENPH). Emerald Mutual Fund Advisers reported 0.03% stake. Blackrock, a New York-based fund reported 732,297 shs. Old West Investment Mgmt invested in 2.44% or 1.78M shs. Spark Lc stated it has 155,900 shs or 0.02% of all its holdings.

Enphase Energy, Inc. registered $212,757 net activity with 1 insider purchase and 2 sales since February 15, 2018. Weber John Howard sold $300,526 worth of stock or 77,551 shs. On Thursday, March 1 $132,800 worth of Enphase Energy, Inc. (NASDAQ:ENPH) was bought by Kothandaraman Badrinarayanan.

What Price Target Has H.C. Wainwright Given Enphase Energy (NASDAQ:ENPH)

The research firm H.C. Wainwright has initiated coverage of ENPH’s shares on Wednesday, 16 May. H.C. Wainwright’s Equities researchers have issued “Buy” rating while giving it the target price at $8.

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

Total analysts of 7 have positions in Enphase Energy (NASDAQ:ENPH) as follows: 7 rated it a “Buy”, 0 with “Sell” and 0 with “Hold”. The positive are 100%. The firm has $8 highest while $2.4 is the lowest target. The average target $5.93 is 5.89% above the last ($5.6) price. Since November 20, 2017 according to StockzIntelligence Inc Enphase Energy has 11 analyst reports. On Monday, April 16 the rating was maintained by Roth Capital with “Buy”. On Wednesday, February 28 Roth Capital upgraded the shares of ENPH in report to “Buy” rating. In Monday, March 26 report FBR Capital initiated the stock with “Buy” rating. On Thursday, March 22 Roth Capital maintained Enphase Energy, Inc. (NASDAQ:ENPH) rating. Roth Capital has “Buy” rating and $5.5000 target. On Tuesday, April 24 the firm earned “Buy” rating by Cowen & Co. On Monday, November 20 the stock of Enphase Energy, Inc. (NASDAQ:ENPH) earned “Buy” rating by Craig Hallum. In Wednesday, May 2 report Oppenheimer maintained it with “Outperform” rating and $6 target. On Wednesday, April 4 the stock of Enphase Energy, Inc. (NASDAQ:ENPH) has “Buy” rating given by Roth Capital. On Friday, February 23 Roth Capital maintained the shares of ENPH in report with “Hold” rating.

Ticker’s shares touched $5.6 during the last trading session after 5.66% change.Enphase Energy, Inc. has 5.21M shares volume, 163.71% up from normal. ENPH is uptrending and has moved 309.68% since May 17, 2017. ENPH outperformed the S&P500 by 298.13%.

Investors expect Enphase Energy, Inc. (NASDAQ:ENPH)’s quarterly earnings on August, 14., RTT reports. Analysts have expectation on stock’s earnings per share of $-0.01. That’s up 88.89 % from last year’s $-0.09 earnings per share. Wall Street now predicts -83.33 % EPS growth despite Enphase Energy, Inc. previous quarter’s EPS of $-0.06.

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 firm is valued at $542.35 million. The company's semiconductor microinverter system converts direct current electricity to alternating current (AC) electricity at the individual solar module level.Last it reported negative earnings. It also offers energy storage systems, including its AC battery; and energy monitoring and control services.

For more Enphase Energy, Inc. (NASDAQ:ENPH) news released briefly go to: Finance.Yahoo.com, Seekingalpha.com, Nasdaq.com, Benzinga.com or Globenewswire.com. The titles are as follows: “3 Stocks That Doubled to Start 2018” released on May 16, 2018, “Enphase Energy On The Rise” on May 14, 2018, “Enphase Energy and ImagineSolar Announce Training Collaboration for Smart-Grid-Ready Solar Technology” with a publish date: May 14, 2018, “41 Biggest Movers From Yesterday” and the last “Enphase Energy Announces Chief Financial Officer Resignation” with publication date: May 01, 2018.

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

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