Enphase Energy Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGM:ENPH Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
20 Nov 24	BuyUS$308,728	Badrinarayanan Kothandaraman	Individual	5,000	US$62.42
14 Nov 24	BuyUS$301,903	Badrinarayanan Kothandaraman	Individual	5,000	US$60.38
30 May 24	SellUS$41,103,456	Thurman Rodgers	Individual	324,714	US$129.60
02 May 24	BuyUS$416,972	Mandy Yang	Individual	4,000	US$104.99
26 Apr 24	SellUS$4,845,668	Steven Gomo	Individual	45,000	US$110.82
27 Feb 24	BuyUS$482,154	Badrinarayanan Kothandaraman	Individual	4,000	US$120.54

Insider Trading Volume

Insider Buying: ENPH insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of ENPH?
Owner Type	Number of Shares	Ownership Percentage
State or Government	123,963	0.0918%
Individual Insiders	4,211,535	3.12%
General Public	10,410,788	7.71%
Institutions	120,360,337	89.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 59.7% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
12.2%	The Vanguard Group, Inc.	16,491,436	US$1.2b	2.21%	0.02%
11.7%	BlackRock, Inc.	15,849,026	US$1.1b	3.01%	0.02%
4.69%	Baillie Gifford & Co.	6,343,099	US$454.3m	0.92%	0.2%
4.41%	State Street Global Advisors, Inc.	5,961,764	US$427.0m	1.11%	0.02%
2.56%	Swedbank Robur Fonder AB	3,463,475	US$248.1m	0.34%	0.16%
2.52%	Wellington Management Group LLP	3,402,796	US$243.7m	0.82%	0.04%
2.5%	Geode Capital Management, LLC	3,382,316	US$242.2m	0.61%	0.02%
2.16%	Invesco Capital Management LLC	2,911,864	US$208.5m	11%	0.08%
1.99%	UBS Asset Management AG	2,691,568	US$192.8m	3.66%	0.02%
1.53%	Thurman Rodgers	2,073,710	US$148.5m	0%	no data
1.35%	Goldman Sachs Asset Management, L.P.	1,830,397	US$131.1m	21.6%	0.03%
1.31%	Legal & General Investment Management Limited	1,775,250	US$127.1m	20.3%	0.02%
1.18%	Badrinarayanan Kothandaraman	1,594,972	US$114.2m	0.65%	no data
1.01%	Norges Bank Investment Management	1,364,941	US$97.8m	0%	0.01%
0.99%	Goldman Sachs Group, Investment Banking and Securities Investments	1,334,504	US$95.6m	86.1%	0.05%
0.91%	Amundi Asset Management SAS	1,233,295	US$88.3m	-13.8%	0.02%
0.88%	Northern Trust Global Investments	1,184,310	US$84.8m	-9.57%	0.01%
0.78%	First Trust Advisors LP	1,056,444	US$75.7m	3.59%	0.06%
0.77%	Schroder Investment Management Limited	1,038,638	US$74.4m	15.3%	0.05%
0.76%	JPMorgan Chase & Co, Brokerage and Securities Investments	1,021,896	US$73.2m	57.4%	0.03%
0.71%	Coatue Management, L.L.C.	960,700	US$68.8m	0%	0.24%
0.71%	Nordea Investment Management, AB	956,221	US$68.5m	-6.07%	0.05%
0.7%	FMR LLC	949,083	US$68.0m	3.37%	no data
0.67%	Allianz Global Investors U.S. LLC	910,130	US$65.2m	-0.03%	0.42%
0.65%	Charles Schwab Investment Management, Inc.	880,340	US$63.1m	1.88%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/17 21:07
End of Day Share Price	2024/12/17 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Enphase Energy, Inc. is covered by 69 analysts. 39 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Ishan Majumdar	Baptista Research
Christine Cho	Barclays
Ameet Thakkar	BMO Capital Markets Equity Research