Business
Enphase Energy Director Thurman John Rodgers Sells 300,000 Shares for $8.73 Million
By News Desk ·
Key takeaways
- Thurman John Rodgers sold 300,000 Enphase Energy common shares on November 9, 2026, at $29.1116 per share.
- The sale totaled $8.73 million, and Rodgers held 1,301,719 shares indirectly through a trust afterward.
- Enphase Energy reported full year 2025 revenue of approximately $1.5 billion and Q1 2026 revenue of $282.9 million.
Enphase Energy director Thurman John Rodgers sold 300,000 common shares on November 9, 2026, at $29.1116 per share, for a total of $8.73 million. The future of trading reported the sale. After the transaction, Rodgers held 1,301,719 shares indirectly through a trust.
Rodgers' 300,000-Share Sale at Enphase
The sale covered 300,000 shares of common stock at a reported price of $29.1116 per share. The total value came to $8.73 million. Rodgers' remaining stake of 1,301,719 shares is held indirectly through a trust, according to the report.
Enphase Energy designs and manufactures solar microinverters, batteries, and integrated home energy management systems. The company serves residential and commercial solar installers across 165 countries through its Installer Network, with over 5.2 million systems deployed globally, according to akta.pro company records. Enphase was founded in 2006 and is headquartered in Fremont, USA.
Enphase's Revenue and Shipment Scale
Enphase reported full year 2025 revenue of approximately $1.5 billion, according to the same records. Q1 2026 revenue was $282.9 million, a 20.6% year-over-year decline, and Q2 2026 guidance was $280 million to $310 million. The company has cumulatively shipped approximately 87.8 million microinverters globally across more than 5.2 million systems in over 165 countries as of 2026.
Enphase's US Manufacturing and Product Rollout
On November 9, 2026, Enphase announced that more than 8 million IQ microinverters and nearly 500 MWh of IQ batteries had shipped from U.S. manufacturing facilities, Business & Financial reported. On October 26, 2026, Enphase and Infineon announced the world's first 900 V gallium nitride bidirectional switches for solid-state transformer power modules, according to Stock Titan. The devices enable high-frequency switching with components below 1 kV, reducing size, weight, and cost.
Enphase will report Q3 earnings on a Tuesday, TradingView reported on October 26, 2026, with analysts expecting revenue to fall 25.4% year on year.