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Insider Trends: Insider Sales Extend 90-Day Trend at Enphase Energy

05/07/2021 13:17

05:04 PM EDT, 05/07/2021 (MT Newswires) -- On May 05, 2021, Chief Accounting Officer, Mandy Yang, executed a sale of 16,072 shares in Enphase Energy (ENPH) for $2,030,075. After the Form 4 filing with the SEC, Yang has 73,076 shares of the company, which have a market value of $8.91 million as of the prior-day closing price.

In the 90 days previous to the date of this filing, there have been 12 insider transactions reported to the SEC for Enphase Energy. These transactions came from the activities of 6 individual insiders that resulted in a net disposition of 282,586 company shares. Relative to the preceding 90-day window of time, there were 24 transactions from 9 insiders that resulted in the net acquisition of 58,409 shares.

This level of transactions is below that of the peer group average in the 23-company Photovoltaic Solar Systems & Equipment peer group over the last 90-day period. Within the peer group activity averaged 76.5 transactions per company, and disposition of 8,665 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1463101/000146310121000067/xslF345X03/wf-form4_162042129357679.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.