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ENPH Enphase Energy, Inc. Insider Trading

Latest: President & CEO Bought $337K of Shares · May 2026

Multiple insiders have been active at Enphase Energy, Inc. (ENPH): 3 distinct insiders account for 9 buy filings and 3 sell filings as of Jun 2026. Its highest-significance filing in the last 90 days: President & CEO Badrinarayanan Kothandaraman bought $337K, transaction dated May 2026.

12 filings analyzed · Latest 2026-06-15

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Buys
9
Sells
3
Insiders
3
Direction
Net buying

Enphase Energy, Inc. leadership

Chair
Steven J. Gomo — Chair of the Board
June 2026
2026-06-15
low
1,000 shares
$53,910
@ $53.91
Significance 4

Director Shanker Trivedi buys 1,000 shares of ENPH at $53.91; stock now 28.9% below 52-week high of $73.74

Shanker Trivedi, a Director, purchased 1,000 shares at $53.91 on 2026-06-12, establishing an initial position in ENPH with total value of $53,910.00. The purchase occurs with the stock trading at $52.40, a level 28.9% below the 52-week high of $73.74 but up 17.2% over the past 90 days. ENPH's fundamentals show recent quarterly revenue of $282,900,000.00 with net income of $-7,406,000.00, and the company trades at a P/E of 51.37 with annual revenue growth of +10.7%. This represents a new position entry by a board member at a depressed intra-year valuation despite negative recent profitability.

May 2026
2026-05-26
high
President & CEO
5,000 shares
$337,482
@ $67.50
Significance 6

CEO Kothandaraman buys 5,000 shares at $67.50 avg; stock +87% in 30 days, +38% in 90 days.

Badrinarayanan Kothandaraman, President & CEO, executed 2 separate purchases totaling 5,000 shares ($337,481.58) on 2026-05-26 at a blended average price of $67.50. The current price of $66.90 is +3.0% from the 52-week high of $64.94, while the 30-day change stands at +87.0% and the 90-day change at +38.0%, indicating a strong recent momentum environment. His prior trades at ENPH show mixed timing: 2 of 5 prior buys achieved positive 90-day returns (well-timed), while 3 experienced declines within 90 days, suggesting inconsistent predictive accuracy specific to this ticker. The company trades at P/E 65.59 despite reporting a net loss of $-7,406,000.00 in the latest quarter, with annual revenue growth at +10.7%; this purchase occurs in a context of elevated valuations and recent near-term profitability challenges.

March 2026
2026-03-17
medium
137,250 shares
$5,985,925
@ $43.61
Significance 6

Director Rodgers Thurman J sold 137,250 shares of ENPH at $43.61 (total $5,985,925.43); retains 1,597,641 shares post-sale.

Rodgers sold approximately 7.9% of his pre-transaction holdings in a single open-market transaction. His prior trades at ENPH show a strong 90-day timing pattern: 4 of 5 prior sells were well-timed, with negative 90-day returns following the sale. His cross-ticker sell history exhibits an 83.33% well-timed rate at the 90-day mark. The current stock price of $44.70 is 29.9% below the 52-week high of $63.80, yet has recovered 41.4% over the past 90 days. Enphase fundamentals remain solid (revenue $410.4M, net income $66.6M, P/E 22.13), making this sale distinct from distress-driven liquidation; the substantial remaining position of 1.60M shares suggests maintained conviction despite the sale.

February 2026
2026-02-05
high
President & CEO
5,000 shares
$259,884
@ $51.98
Significance 6

ENPH CEO Badrinarayanan buys 5,000 shares ($259.9K) at $51.98 avg; stock -28.9% from 52-week high.

Kothandaraman Badrinarayanan, President & CEO of Enphase Energy, executed 2 separate purchases totaling 5,000 shares on 2026-02-05 at a blended average price of $51.98. The transaction brought his holdings to 1.64M shares (+0.3% vs pre-transaction). This purchase occurs while the stock trades 28.9% below its 52-week high of $66.51, despite a strong 30-day rally (+36.0%) and 90-day surge (+56.4%). His prior trades at ENPH show mixed timing: 2 of 4 prior buys were well-timed at the 90-day horizon, but the most recent buy on 2025-11-10 has only 6.8% in 30-day return with 90-day outcome not yet measurable. The company faces structural headwinds—annual revenue contracted 41.9% year-over-year—yet trades at a P/E of 31.72, suggesting the recent price recovery reflects sentiment rather than earnings normalization. The timing of this buy relative to the steep historical decline and current valuation warrants monitoring for what it reveals about management's forward guidance and near-term operational outlook.

December 2025
2025-12-04
high
150,000 shares
$4,369,140
@ $29.13
Significance 7

Director Rodgers Thurman J sold 150,000 shares of ENPH at $29.13 on 2025-12-02 ($4.4M); all 5 prior ENPH sales were well-timed 90d declines.

Director Rodgers Thurman J sold 150,000 shares at $29.13, reducing his post-transaction holdings to 1,733,596 shares. This sale occurs at a price 59.7% below the 52-week high of $76.39, amid a 41.9% annual revenue decline and a 22.4% decline over the past 90 days. The director's prior trade history at ENPH is notable: all 5 prior sales were well-timed at the 90-day mark, with 90-day returns of -32.6%, -4.6%, -4.0%, -2.7%, and -3.4%, establishing a consistent pattern of selling before declines. His cross-ticker track record shows a 100% well-timed rate on 5 prior sells with an average 90-day return of -9.5%. The current trade's placement in a 59.7% drawdown from highs, combined with this track record of well-timed exits at this ticker, reflects demonstrated pattern recognition in identifying sell windows, though the stock's fundamental headwinds (negative annual revenue growth) suggest broader business pressures rather than isolated valuation concerns.

November 2025
2025-11-10
medium
President & CEO
5,000 shares
$153,438
@ $30.69
Significance 6

Enphase CEO purchases 5,000 shares at $30.69; stock now at $32.84, down 63.5% from 52-week high, amid -41.9% annual revenue decline.

Kothandaraman Badrinarayanan, President & CEO of Enphase Energy, purchased 5,000 shares at $30.69 on 2025-11-10, adding to holdings of 1,635,632 shares post-transaction. The purchase occurs in a deteriorating fundamental context: annual revenue growth is -41.9%, and the stock trades at $32.84—down 63.5% from its 52-week high of $89.94. At this same ticker, the CEO's prior buy on 2025-08-06 delivered a 90-day return of -5.9%, and his 2025-04-25 purchase returned -23.4% over 90 days; only 2 of 4 prior ENPH trades with measurable outcomes achieved positive 90-day returns. The CEO's cross-ticker track record shows a 60% 90-day win rate and average 90-day return of -3.6%, indicating a mixed historical pattern of execution timing. This transaction adds modest exposure (5,000 shares, or +0.3% to existing holdings) to a company experiencing significant revenue contraction, warranting closer examination of management's confidence relative to the fundamental deterioration.

2025-11-03
high
President & CEO
10,000 shares
$309,317
@ $30.93
Significance 6

ENPH CEO Badrinarayanan buys 10,000 shares at $30.93; stock down 67.2% from 52-week high, revenue declined 41.9% annually

Kothandaraman Badrinarayanan, President & CEO of Enphase Energy, purchased 10,000 shares at $30.93 on 2025-10-31, increasing his holdings from 1,620,632 to 1,630,632 shares. The purchase occurs as ENPH trades at $29.51, down 67.2% from its 52-week high of $89.94 and down 19.8% over the preceding 30 days. Fundamentally, the company reported annual revenue decline of 41.9%, a significant contraction despite a net income of $66.6M on the latest quarterly revenue of $410.4M. Badrinarayanan's prior trades at ENPH show mixed timing outcomes: 3 of 4 earlier buys realized positive 90-day returns, though his most recent purchase on 2025-08-06 is still within the measurement window. This open-market purchase warrants observation given the steep valuation reset and revenue headwinds, alongside the executive's demonstrated selective trading pattern at this specific ticker.

August 2025
2025-08-06
high
President & CEO
5,000 shares
$154,120
@ $30.82
Significance 6

ENPH CEO Badrinarayanan buys 5,000 shares at $30.82 amid 75.6% decline from 52-week high; stock down 29.1% in 30 days.

Kothandaraman Badrinarayanan, President & CEO, purchased 5,000 shares at $30.82 on 2025-08-06, bringing his holdings to 1,620,632 shares. The purchase occurs as ENPH trades at $30.11, down -75.6% from its 52-week high of $123.65 and has declined -29.1% over the past 30 days and -38.6% over 90 days. His prior open-market buys across all tickers show a 90-day win rate of 75.00% with mixed outcomes at ENPH specifically: 3 of 4 measurable same-ticker buys achieved positive 90-day returns, but his most recent prior ENPH purchase on 2025-04-25 experienced -23.4% over 90 days. The stock's sharp decline coupled with the CEO's discretionary purchase in a depressed price environment warrants attention given the revenue backdrop of -41.9% annual growth and current P/E of 22.47.

April 2025
2025-04-28
high
President & CEO
4,000 shares
$185,390
@ $46.35
Significance 6

CEO Kothandaraman Badrinarayanan bought 4,000 ENPH shares at $46.35 on 2025-04-25; stock down -65.4% from 52-week high.

Kothandaraman Badrinarayanan purchased 4,000 shares at $46.35, bringing his holdings to 1,598,696 shares. This occurs as Enphase Energy faces substantial headwinds: the stock is down -65.4% from its 52-week high of $134.52, annual revenue growth is -41.9%, and the P/E ratio stands at 41.12 despite a deteriorating revenue trajectory. His prior three measurable buy transactions at ENPH (November 2024 and February 2024) showed positive 90-day returns with a 100% timing success rate across those completed trades. However, current price $46.47 is only marginally above the $46.35 transaction price, and the stock has declined -24.6% in the last 30 days, suggesting this purchase occurs amid significant near-term weakness regardless of historical pattern success.

March 2025
2025-03-07
high
100,000 shares
$6,125,700
@ $61.26
Significance 7

Director Rodgers Thurman J sold 100,000 shares of ENPH at $61.26 for $6.1M; stock down 54.2% from $134.52 high with revenue declining 41.9% YoY.

Director Rodgers Thurman J sold 100,000 shares (5.0% of pre-transaction holdings) at $61.26 on 2025-03-07, realizing $6,125,700.00. The sale occurs as ENPH trades 54.2% below its 52-week high of $134.52 and has declined 13.9% over 90 days, while the company faces severe headwinds: annual revenue contracted 41.9% year-over-year and the P/E stands at 81.09 despite net income of $45,762,000.00 on quarterly revenue of $380,873,000.00. His prior trading pattern at ENPH is notably consistent—4 of 5 prior trades were well-timed at the 90-day mark, including four sells between May 2024 and September 2023 that each captured 20–23% declines within 30 days. The current sale aligns with his demonstrated pattern of selling into weakness at this ticker, though the broader business deterioration (41.9% revenue decline) and elevated valuation multiple raise questions about the sustainability of the current price level.

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