Summary by Moomoo AI
Enphase Energy, Inc.'s President & CEO, Kothandaraman Badrinarayanan, completed a purchase of 4,000 shares of common stock on February 27, 2024. The transaction was carried out in the open market at a price of $120.5385 per share. Following this acquisition, Badrinarayanan's direct holdings in Enphase Energy increased to a total of 1,655,171 shares. The transaction underscores the CEO's confidence in the company and provides investors with a signal regarding the leadership's view of the stock's value.