Baillie Gifford & Co. Has $94.31 Million Stock Position in Enphase Energy, Inc. $ENPH

Baillie Gifford & Co. decreased its position in Enphase Energy, Inc. (NASDAQ:ENPH) by 70.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,664,893 shares of the semiconductor company’s stock after selling 6,312,422 shares during the period. Baillie Gifford & Co.’s holdings in Enphase Energy were worth $94,311,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Arkadios Wealth Advisors bought a new stake in Enphase Energy in the 3rd quarter valued at $226,000. Amalgamated Bank lifted its stake in Enphase Energy by 54.0% in the third quarter. Amalgamated Bank now owns 43,695 shares of the semiconductor company’s stock valued at $1,546,000 after acquiring an additional 15,321 shares during the last quarter. CFC Planning Co LLC bought a new stake in Enphase Energy in the third quarter valued at approximately $231,000. Maryland State Retirement & Pension System increased its holdings in shares of Enphase Energy by 321.7% in the third quarter. Maryland State Retirement & Pension System now owns 25,971 shares of the semiconductor company’s stock valued at $919,000 after purchasing an additional 19,812 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC acquired a new position in Enphase Energy in the 3rd quarter valued at about $2,038,000. Institutional investors own 72.12% of the company’s stock.

Enphase Energy Stock Performance

NASDAQ:ENPH opened at $39.46 on Friday. Enphase Energy, Inc. has a 1 year low of $25.77 and a 1 year high of $70.78. The business has a fifty day simple moving average of $32.23 and a two-hundred day simple moving average of $34.59. The company has a market capitalization of $5.16 billion, a P/E ratio of 27.21 and a beta of 1.35. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.04 and a quick ratio of 1.88.

Enphase Energy (NASDAQ:ENPH) last issued its earnings results on Tuesday, October 28th. The semiconductor company reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.30. The business had revenue of $410.43 million for the quarter, compared to analysts’ expectations of $364.64 million. Enphase Energy had a net margin of 12.93% and a return on equity of 25.67%. The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.65 EPS. On average, analysts expect that Enphase Energy, Inc. will post 2.08 earnings per share for the current year.

Key Stories Impacting Enphase Energy

Here are the key news stories impacting Enphase Energy this week:

• Positive Sentiment: Major bank upgrades — Citi and Goldman issued positive takes on Enphase, helping drive buying interest in clean-energy names. Enphase leads clean energy names higher; wins upgrades from Citi, Goldman
• Positive Sentiment: Big intraday rally — ENPH surged ~12.5% on higher-than-average volume as earnings estimate revisions trended upward, signaling improved near-term analyst expectations. Enphase Energy (ENPH) Surges 12.5%: Is This an Indication of Further Gains?
• Positive Sentiment: Heavy bullish options activity — unusually large purchases of call options (~46,167 contracts) indicate speculative bullish positioning that can amplify upward moves. (Reported 1/22/2026)
• Positive Sentiment: Product tailwind — Enphase’s new GaN microinverter could strengthen its commercial-solar competitiveness if adoption scales, supporting longer-term revenue prospects. Is Enphase Energy’s (ENPH) New GaN Microinverter a Turning Point in Commercial Solar Positioning?
• Neutral Sentiment: Zacks interest/coverage — ENPH is a trending ticker on Zacks; pieces explore whether it’s a buy now, but present mixed near-term views — useful for retail sentiment but not definitive catalyst. Is Trending Stock Enphase Energy, Inc. (ENPH) a Buy Now?
• Neutral Sentiment: Analyst commentary roundup — coverage pieces (e.g., Globe and Mail) summarize analyst views on Enphase technology and outlook; helpful context but no single decisive revision. Analysts Offer Insights on Technology Companies: Enphase Energy (ENPH) and Gloo Holdings, Inc.
• Negative Sentiment: Short-term volatility and profit-taking risk — after a sharp run higher, the stock has pulled back; traders should expect higher intraday volatility and possible consolidation before fundamentals reassert.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on ENPH. Northland Securities boosted their price target on Enphase Energy from $52.00 to $62.00 and gave the company an “outperform” rating in a research note on Monday, December 29th. Mizuho cut shares of Enphase Energy from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $50.00 to $37.00 in a research note on Thursday, October 23rd. Royal Bank Of Canada decreased their price target on shares of Enphase Energy from $33.00 to $31.00 and set a “sector perform” rating for the company in a research report on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $35.00 target price on shares of Enphase Energy in a report on Wednesday, January 7th. Finally, BMO Capital Markets reaffirmed an “underperform” rating and set a $31.00 target price on shares of Enphase Energy in a research note on Wednesday, October 29th. Seven equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and ten have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $41.09.

Insider Buying and Selling at Enphase Energy

In other news, CEO Badrinarayanan Kothandaraman purchased 5,000 shares of the company’s stock in a transaction on Monday, November 10th. The stock was purchased at an average price of $30.69 per share, with a total value of $153,450.00. Following the completion of the purchase, the chief executive officer directly owned 1,635,632 shares in the company, valued at approximately $50,197,546.08. This trade represents a 0.31% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Mandy Yang sold 6,000 shares of the company’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $33.01, for a total transaction of $198,060.00. Following the completion of the sale, the executive vice president directly owned 68,987 shares of the company’s stock, valued at $2,277,260.87. This trade represents a 8.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 3.10% of the company’s stock.

About Enphase Energy

Enphase Energy is a global energy technology company that specializes in solar microinverters, energy storage systems and energy management software. Its core business centers on converting direct current (DC) power generated by solar panels into alternating current (AC) power suitable for use in residential and commercial applications. By integrating hardware and software solutions, Enphase Energy aims to improve solar energy yield, enhance system reliability and provide real-time monitoring capabilities to its customers.

The company’s product portfolio includes its IQ Series microinverters, which attach to individual solar panels to optimize performance at the module level and reduce the impact of shading or system failures.