On April 28, a substantial insider purchase was made by Badri Kothandaraman, President & CEO at Enphase Energy (NASDAQ:ENPH), as per the latest SEC filing.What Happened: Kothandaraman's recent purchase of 4,000 shares of Enphase Energy, disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday, reflects confidence in the company's potential. The total transaction value is $185,390.The latest market snapshot at Tuesday morning reveals Enphase Energy shares down by 0.11%, trading at $46.42.Get to Know Enphase Energy BetterEnphase Energy is a global energy technology company. The company delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one platform. The company's microinverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution. Geographically, it derives a majority of revenue from the United States.A Deep Dive into Enphase Energy's FinancialsPositive Revenue Trend: Examining Enphase Energy's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 35.22% as of 31 March, 2025, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.Evaluating Earnings ...Full story available on Benzinga.com
Enphase is a California-based designer, manufacturer and supplier of products such as micro-inverter and solar energy storage systems for residential and commercial sectors.