In the year November 3, 2023 at 15:22:40 ET , 2024). Fintel tracks all large options trades, and the premium on this trade was 2.29 sigmas above average, placing it in the 99.00th percentile of all recent large trades in ENPH options.
This trade was first picked up by Fintel’s real-time options flow tool, where unusual options trades are highlighted.
What is the sentiment of the fund?
There are 1671 funds or institutions reporting positions in Inphase Energy. This is a decrease of 172 owner(s) or 9.33% from last quarter. Average portfolio weight of all funds It is 0.29% for ENPH, a reduction of 18.72%. Total shares owned by institutions decreased by 3.29 percent to 103,510 thousand in the last three months. ENPH’s put/call ratio is 0.61, indicating a bullish outlook.
Analyst price forecast points to 61.40% upside
As of October 31, 2023, Enphase Energy has an average one-year price target of 127.37. The forecasts range from a low of 75.75 to a high of $352.75. The average price target indicates a potential upside of 61.40% from its recent close of 78.92.
Check out our company’s leaderboard for the biggest price target upside.
The projected annual revenue for Enphase Energy is 3,242 MM, an increase of 19.50%. Estimated annual non-GAAP EPS is 5.41.
What are other shareholders doing?
VTSMX – Vanguard Total Stock Market Index Fund Investor Shares holds 4,286K shares representing 3.15% ownership of the company. Before filing, the company reported that it represents 4,224 thousand shares Increase 1.46% of the company decreased Portfolio allocation in ENPH stood at 25.43% last quarter.
VFINX – Vanguard 500 Index Fund Investor Shares holds 3,263K shares representing 2.40% ownership of the company. Before filing, the company reported that it represents 3,172 thousand shares Increase 2.80% of the company decreased Portfolio allocation in ENPH stood at 25.78% last quarter.
VIMSX – Vanguard Mid-Cap Index Fund Investor Shares holds 3,176K shares representing 2.33% ownership of the company. Before filing, the company reported that it represents 3,188 thousand shares Reduction From 0.37% of the company decreased Portfolio allocation in ENPH stood at 23.82% last quarter.
Geode Capital Management holds 2,999K shares representing 2.20% ownership of the company. Before filing, the company reported that it represents 2,897 thousand shares Increase 3.40% of the company decreased The portfolio allocation in ENPH was 25.41% during the last quarter.
Invesco holds 2,689K shares representing 1.97% ownership of the company. Before filing, the company reported that it represents 2,377 thousand shares Increase 11.58% of the company decreased The portfolio allocation in ENPH increased by 15.35% during the last quarter.
Increase energy background information
(This statement is provided by the company.)
Inphase Energy, a global energy technology company, provides smart, easy-to-use solutions that manage solar generation, storage and connectivity on a single intelligent platform. The company revolutionized the solar industry with microinverter technology and developed a fully integrated solar-plus-storage solution. Enphase has shipped more than 32 million microinverters, and approximately 1.4 million Enphase-based systems have been deployed in more than 130 countries.
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