Connor Clark & Lunn Investment Management Ltd. increased its stake in Enphase Energy, Inc. (NASDAQ:ENPH) by 228.5%, now owning 254,672 shares valued at approximately $15.8 million. The fund bought an additional 177,151 shares during the first quarter. As of the most recent filing with the Securities and Exchange Commission, Connor Clark & Lunn Investment Management Ltd. owned 0.19% of Enphase Energy worth $15,802,000.\n\nCEO Badrinarayanan Kothandaraman purchased 5,000 shares of Enphase Energy at an average price of $30.82 per share, increasing his ownership to about 1.62 million shares, valued at approximately $49.9 million. This transaction represents a 0.31% increase in his ownership of the company's stock.\n\nAnalysts have mixed ratings on Enphase Energy, with an average consensus rating of 'Hold' and a price target of $55.22. Several institutions have recently adjusted their positions: Cynosure Group LLC raised its holdings by 38.2%, Charles Schwab Investment Management Inc. raised its holdings by 8.0%, Maxi Investments CY Ltd increased its holdings by 650.0%, and Costello Asset Management INC bought a new stake valued at approximately $89,000.\n\nInstitutional investors own 72.12% of the company's stock. Enphase Energy has a market capitalization of $4.24 billion, a P/E ratio of 25.34, and a beta of 1.59. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.97, and a quick ratio of 1.82.\n\nEnphase Energy reported $0.69 earnings per share for the quarter, topping analysts' consensus estimates of $0.62 by $0.07. The company had revenue of $363.15 million, up 19.7% year-over-year, and a net margin of 11.78%. The return on equity was 24.55%.\n\nRecent analyst actions include Deutsche Bank cutting its price target to $42.00 and setting a 'Hold' rating, DZ Bank downgrading to a 'Strong Sell' rating, Mizuho reducing its target to $50.00 with an 'Outperform' rating, BNP Paribas Exane downgrading to 'Underperform' with a $40.00 target, and Royal Bank of Canada setting a $28.00 target with a 'Sector Perform' rating. Thirteen analysts have a 'Sell' rating, thirteen have a 'Hold' rating, and eleven have a 'Buy' rating.\n\nEnphase Energy, Inc. designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry, offering semiconductor-based microinverters that convert energy at the individual solar module level and combine with proprietary networking and software technologies for energy monitoring and control.\n\nThe stock opened at $32.44 on Monday, with a fifty-two week low of $29.89 and a fifty-two week high of $130.08. The 50-day moving average is $38.99 and the 200-day moving average is $49.71.

Enphase Energy, Inc. (NASDAQ:ENPH) Stake Raised by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. increased its stake in Enphase Energy, Inc. by 228.5%, now owning 254,672 shares valued at $15.8 million. CEO Badrinarayanan Kothandaraman purchased 5,000 shares at $30.82 per share, increasing his ownership to 1.62 million shares valued at $49.9 million. Institutional investors hold 72.12% of the company's stock. Enphase Energy reported strong quarterly results with $0.69 earnings per share, 19.7% year-over-year revenue growth to $363.15 million, and a net margin of 11.78%. The company has a market capitalization of $4.24 billion, a P/E ratio of 25.34, and a beta of 1.59. Analysts have mixed ratings, with a consensus 'Hold' and price target of $55.22, and several institutions adjusting their positions. Recent downgrades include Deutsche Bank, DZ Bank, Mizuho, and BNP Paribas Exane, while Royal Bank of Canada maintains a 'Sector Perform' rating with a $28.00 target.