Leibman Financial Services Inc. Has $2 Million Position in Enphase Energy, Inc. (NASDAQ:ENPH)

Leibman Financial Services Inc. boosted its holdings in Enphase Energy, Inc. (NASDAQ:ENPH - Free Report) by 58.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 29,169 shares of the semiconductor company's stock after purchasing an additional 10,774 shares during the period. Leibman Financial Services Inc.'s holdings in Enphase Energy were worth $2,003,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of ENPH. Benjamin Edwards Inc. raised its stake in Enphase Energy by 2.8% during the second quarter. Benjamin Edwards Inc. now owns 3,361 shares of the semiconductor company's stock valued at $335,000 after buying an additional 93 shares in the last quarter. Green Alpha Advisors LLC lifted its stake in Enphase Energy by 1.4% during the third quarter. Green Alpha Advisors LLC now owns 7,148 shares of the semiconductor company's stock worth $808,000 after purchasing an additional 102 shares during the last quarter. Centaurus Financial Inc. boosted its holdings in Enphase Energy by 10.2% in the second quarter. Centaurus Financial Inc. now owns 1,280 shares of the semiconductor company's stock worth $128,000 after purchasing an additional 118 shares during the period. Creative Financial Designs Inc. ADV increased its stake in Enphase Energy by 19.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 771 shares of the semiconductor company's stock valued at $87,000 after purchasing an additional 125 shares during the last quarter. Finally, Empirical Finance LLC raised its holdings in shares of Enphase Energy by 3.9% during the third quarter. Empirical Finance LLC now owns 3,673 shares of the semiconductor company's stock worth $415,000 after purchasing an additional 137 shares during the period. 72.12% of the stock is currently owned by hedge funds and other institutional investors.

Enphase Energy Stock Performance

Shares of NASDAQ ENPH traded down $1.42 during trading hours on Tuesday, hitting $65.45. 3,296,864 shares of the stock were exchanged, compared to its average volume of 3,069,420. Enphase Energy, Inc. has a one year low of $58.33 and a one year high of $141.63. The company's 50 day moving average is $70.12 and its 200 day moving average is $93.84. The company has a debt-to-equity ratio of 1.29, a current ratio of 4.16 and a quick ratio of 3.88. The firm has a market capitalization of $8.84 billion, a P/E ratio of 148.75, a P/E/G ratio of 21.92 and a beta of 1.68.

Enphase Energy (NASDAQ:ENPH - Get Free Report) last issued its quarterly earnings results on Tuesday, October 22nd. The semiconductor company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.12). Enphase Energy had a return on equity of 10.56% and a net margin of 4.91%. The business had revenue of $380.90 million during the quarter, compared to the consensus estimate of $392.51 million. During the same period in the prior year, the firm earned $0.84 earnings per share. The business's quarterly revenue was down 30.9% on a year-over-year basis. On average, research analysts expect that Enphase Energy, Inc. will post 0.94 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on ENPH shares. StockNews.com upgraded Enphase Energy from a "sell" rating to a "hold" rating in a research note on Thursday, October 24th. Evercore ISI lowered their price target on shares of Enphase Energy from $133.00 to $125.00 and set an "outperform" rating for the company in a research report on Wednesday, October 23rd. Janney Montgomery Scott cut shares of Enphase Energy from a "buy" rating to a "neutral" rating and set a $83.00 price objective on the stock. in a report on Wednesday, October 23rd. OTR Global raised shares of Enphase Energy from a "negative" rating to a "mixed" rating in a research note on Friday, December 20th. Finally, HSBC lowered shares of Enphase Energy from a "buy" rating to a "hold" rating and dropped their price target for the company from $154.00 to $81.00 in a research note on Friday, November 8th. Four equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $97.09.

About Enphase Energy

Enphase Energy, Inc, together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control.