The CEO's $296K open-market purchase is a modest positive signal, but the trivial size relative to market cap and mixed cluster (one small director sale) limit its significance. Monitor for additional insider buying or any material corporate events (earnings, guidance, M&A) that could amplify the signal. The historical calibration suggests limited predictive power at this impact level.
Price Chart
Executive Summary
Enphase Energy CEO Badrinarayanan made an open-market purchase of $296K at $67.37, while Director Mora sold $32K at $46.39. The CEO buy is a modest positive signal, but the total cluster value of $329K is only ~0.004% of market cap, making it trivial in size. Historical calibration on ENPH shows prior bullish calls have underperformed, and the score calibration for this impact level suggests limited predictive power.
Key Financial Metrics
Key Facts
- CEO Badrinarayanan purchased 4,400 shares at $67.37 for $296K on 2026-05-26.
- Director Mora sold 700 shares at $46.39 for $32K on 2026-05-19.
- Total cluster value of $329K is ~0.004% of ENPH's $8.4B market cap.
- Net direction is mixed: one buy and one sell, with the buy dominating by dollar value.
- The CEO buy is an open-market purchase, not a grant or tax withholding.
- Historical calibration shows score-7 calls on ENPH have a 29% observed probability of up-move at T+20, with average net alpha of -0.98% across this segment.
Financial Impact
Total insider cluster value of $329K, representing ~0.004% of market cap.
Risk Factors
- Insider cluster value is too small to be statistically meaningful.
- Mixed cluster (one buy, one sell) reduces directional clarity.
- Historical performance on ENPH shows prior bullish calls have underperformed.
- Director sale, though small, adds noise to the signal.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ENPH-1779836700927 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 10, 2026 7w ago | 8-K | $42.30 $36.62 | ▼ −13.42% | ▼ −12.36% | $33.47 (−20.87%) |
Jul 7, 2026 12w ago | Press Release | $42.99 $39.35 | ▼ −8.47% | ▼ −9.80% | $33.47 (−22.14%) |
Jun 16, 2026 15w ago | 3/A | $50.26 $44.99 | ▼ −10.50% | ▼ −10.70% | $33.47 (−33.41%) |
Jun 15, 2026 15w ago | 3 | $50.26 $44.99 | ▼ −10.50% | ▼ −10.70% | $33.47 (−33.41%) |
Jun 4, 2026 17w ago | Insider Cluster | $56.07 $44.55 | ▼ −20.55% | ▼ −22.41% | $33.47 (−40.31%) |
May 26, 2026 18w ago | Insider Cluster | $70.23 $47.82 | ▼ −31.91% | ▼ −29.62% | $33.47 (−52.34%) |
Apr 7, 2026 25w ago | Press Release | $31.98 $32.54 | ▲ +1.74% | ▼ −8.04% | $33.47 (+4.65%) |
Apr 6, 2026 25w ago | 8-K | $31.98 $32.54 | ▲ +1.74% | ▼ −8.04% | $33.47 (+4.65%) |
Apr 1, 2026 26w ago | DEFA14A | $34.86 $32.96 | ▼ −5.46% | ▼ −15.33% | $33.47 (−3.99%) |
Feb 28, 2026 30w ago | Institutional Cluster | $44.59 $35.58 | ▼ −20.21% | ▼ −12.27% | $33.47 (−24.94%) |
US Market Status
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