Why insider trading matters?

Numerous studies have examined whether there is evidence that U.S. insiders systematically trade on private information despite the legal deterrence. The consensus appears to be that insider purchases (but not sales) tend to be followed by positive abnormal stock price performance, particularly for small growth stocks.

- Prof. B. Espen Eckbo, Dartmouth College
Enphase Energy, Inc. (ENPH)
Sector: Technology; Industry: Solar

Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level, and combines with its proprietary networking and software technologies to provide energy monitoring and control services.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-04-05 Branderiz Eric EVP & Chief Financial Officer Sell 62,021 $156.51 $9,706,976 No
2021-03-30 Kothandaraman Badrinarayanan President & CEO Sell 27,394 $146.31 $4,008,048 No
2021-03-10 Yang Mandy Chief Accounting Officer Sell 7,652 $159.72 $1,222,177 No
2021-03-08 Branderiz Eric EVP & Chief Financial Officer Sell 21,045 $143.35 $3,016,702 No
2021-03-04 RANHOFF DAVID A EVP & Chief Commercial Officer Sell 10,631 $174.03 $1,850,121 No
2021-03-04 McNeil Jeff EVP & Chief Operating Officer Sell 49,471 $167.74 $8,298,506 No
2021-03-03 Yang Mandy Chief Accounting Officer Sell 12,531 $173.46 $2,173,647 No
2021-03-03 Branderiz Eric EVP & Chief Financial Officer Sell 34,119 $173.54 $5,921,148 No
2021-03-03 Kothandaraman Badrinarayanan President & CEO Sell 74,342 $172.29 $12,808,552 No
2021-02-24 McNeil Jeff EVP & Chief Operating Officer Sell 41,999 $167.71 $7,043,523 No
2021-02-16 Yang Mandy Chief Accounting Officer Sell 5,757 $204.43 $1,176,919 No
2020-12-28 Branderiz Eric EVP & Chief Financial Officer Sell 54,382 $182.82 $9,942,106 No
2020-12-30 Kothandaraman Badrinarayanan President & CEO Sell 30,000 $174.32 $5,229,602 No
2020-12-11 Malchow Joseph Ian Director Sell 3,000 $143.90 $431,700 No
2020-12-04 Kortlang Benjamin John Director Sell 50,000 $130.30 $6,514,790 No
2020-11-27 Kortlang Benjamin John Director Sell 3,539 $140.45 $497,060 Yes
2020-11-30 RANHOFF DAVID A EVP & Chief Commercial Officer Sell 100,000 $142.33 $14,232,924 No
2020-11-27 GOMO STEVEN J Director Sell 87,757 $140.22 $12,305,326 Yes
2020-11-27 MORA RICHARD Director Sell 68,122 $140.10 $9,543,574 Yes
2020-11-02 McNeil Jeff EVP & Chief Operating Officer Sell 5,932 $99.01 $587,327 No
2020-10-01 McNeil Jeff EVP & Chief Operating Officer Sell 7,500 $86.50 $648,734 No
2020-09-01 McNeil Jeff EVP & Chief Operating Officer Sell 7,500 $78.61 $589,591 No
2020-08-03 McNeil Jeff EVP & Chief Operating Officer Sell 7,606 $59.75 $454,479 No
2020-08-03 McNeil Jeff EVP & Chief Operating Officer Sell 7,606 $59.75 $454,479 No
2020-08-03 McNeil Jeff EVP & Chief Operating Officer Sell 7,606 $59.75 $454,479 No
2020-07-01 McNeil Jeff EVP & Chief Operating Officer Sell 7,500 $47.15 $353,659 No
2020-06-15 Malchow Joseph Ian Director Sell 6,250 $50.51 $315,688 No
2020-06-15 Kortlang Benjamin John Director Sell 180,000 $50.23 $9,041,652 No
2020-06-11 RODGERS THURMAN J Director Sell 2,000,000 $49.05 $98,105,062 No
2020-06-03 Branderiz Eric EVP & Chief Financial Officer Sell 100,249 $54.29 $5,442,587 No

Insider Smart

PENN NATIONAL GAMING INC (PENN) - PENN took a deep dive from $36 to $5 due to the crash, anyone who was bold enough to pick up some shares in March or April could have made a 900% profit in 2 months. But bottom fishing is always easier said than done, if one took a safer bet and followed multiple insider buying around $18, a 100% profit is still impressive.

Insider Smart

CEDAR FAIR L.P. (FUN) - Another crash victim, Cedar Fair L.P. took a deep dive from $54 to $13, insiders were confidence and eagerly jumped in around $27. With insiders on your side, this would be an easy add and hold to get your cost under $20. Stock is about to breach $40 in the coming weeks.