In a filing, Enphase Energy Inc revealed its Director Rodgers Thurman J unloaded Company’s shares for reported $6.13 million on Mar 07 ’25. In the deal valued at $61.26 per share,100,000 shares were sold. As a result of this transaction, Rodgers Thurman J now holds 1,881,760 shares worth roughly $119.15 million.
Then, Rodgers Massey Rev Liv Tr DTD bought 100,000 shares, generating $6,125,700 in total proceeds.
Before that, Kothandaraman Badrinarayanan bought 2,564 shares. Enphase Energy Inc shares valued at $156,670 were divested by the President & CEO at a price of $61.10 per share. As a result of the transaction, Kothandaraman Badrinarayanan now holds 1,592,260 shares, worth roughly $100.82 million.
Redburn Atlantic initiated its Enphase Energy Inc [ENPH] rating to a Neutral in a research note published recently. A number of analysts have revised their coverage, including Canaccord Genuity’s analysts, who increased its forecast for the stock in early February from “a Hold” to “a Buy”. Guggenheim also remained covering ENPH and has increased its forecast on January 31, 2025 with a “Neutral” recommendation from previously “Sell” rating. TD Cowen maintained its rating on January 27, 2025. It rated ENPH as “a Buy”.
Price Performance Review of ENPH
On Monday, Enphase Energy Inc [NASDAQ:ENPH] saw its stock jump 2.74% to $63.32. Over the last five days, the stock has gained 19.77%. Enphase Energy Inc shares have fallen nearly -7.80% since the year began. Nevertheless, the stocks have fallen -49.49% over the past one year. While a 52-week high of $141.63 was reached on 01/07/25, a 52-week low of $51.63 was recorded on 03/04/25. SMA at 50 days reached $64.77, while 200 days put it at $91.85.
Levels Of Support And Resistance For ENPH Stock
The 24-hour chart illustrates a support level at 60.80, which if violated will result in even more drops to 58.28. On the upside, there is a resistance level at 66.27. A further resistance level may holdings at 69.22. The Relative Strength Index (RSI) on the 14-day chart is 51.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 38.96%. Stochastics %K at 50.10% indicates the stock is a holding.
