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Vanguard Group Inc. Has $569.17 Million Position in Enphase Energy, Inc. $ENPH
Vanguard Group Inc. slightly reduced its stake in Enphase Energy, Inc. (NASDAQ:ENPH) by 2.3% in the third quarter, still holding over 16 million shares valued at $569.17 million. Despite this, other institutional investors increased their positions, and 72.12% of the stock is currently owned by institutional investors. Enphase Energy recently beat analyst earnings estimates and received an average “Hold” rating from analysts with an average price target of $42.70.