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ENPH Enphase Energy, Inc.
XNAS
31.33
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
ENPH
$31.33
—
Key stats
$31.33
Pre-market
$31.68
+1.06%
- 52-Week Range
- $25.77 – $73.74
- YTD
- -7.17%
- IV Rank (30D)
- 45.32
- Straddle Price
- $5.75
- P/C Vol Ratio
- 0.72
- Market Cap
- $4.2B
- Open
- $31.29
- Day Range
- $30.86 – $32.03
- Volume
- 4,222,690
- Prev Close
- $31.99
Fair Value
MODEL: SHORT
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 5.12% |
| Beta vs SPY | 1.21 |
| Cost of Equity (CAPM) | 11.77% (VRP-adj) |
| WACC | 11.08% |
| Volatility Risk Premium | +51.0pp (IV − HV30), ERP adj +50bps |
| Effective Tax Rate | 18.2% |
| Rev. Growth (YoY, DCF input) | -10.0% |
| DCF Horizon | 10 years explicit + fade |
| Free Cash Flow (TTM) | $0.2B |
| Return on Equity (TTM) | 11.3% |
| Book / Price | 28.2% |
| Gross Margin (TTM) | 47.4% |
| FCF Margin (TTM) | 11.4% |
| Debt / Equity | 0.48 |
| Quality Score | 2/6 — normal (10y DCF) |
| Market-Implied Growth | +17.7% (reverse-DCF on current price) |
| SMA 50 | $34.97 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $32.08 |
| Bollinger Width / SMA20 | 45.6% (drives anchor stability) |
| Net Debt | $0.0B |
| Market Cap | $4B |
Peers used for multiples: AMAT, ARRY, CSIQ, FSLR, NXT, SEDG, SHLS, TE
60-Day Conviction
65%
20-Day Fair Value
≈ by Nov 23, 2026
$31.82
α +1.5%
rank 21%
conviction
78%
40-Day Fair Value
≈ by Dec 22, 2026
$31.63
α +0.9%
rank 21%
conviction
27%
60-Day Fair Value
≈ by Jan 20, 2027
$30.73
α -2.0%
rank 21%
conviction
65%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $6.50 | 21% | |
| DDM (Gordon) | n/a | 0% | |
| Peer P/E | $27.68 | 6% | median 28.0× · 4 peers |
| Peer EV/EBITDA | $23.62 | 6% | median 15.2× · 5 peers |
| Peer P/B | $42.91 | 6% | median 4.8× · 5 peers |
| Peer P/S | $28.61 | 6% | median 2.8× · 6 peers |
| Market Anchor (SMA50) | $34.97 | 31% | stability 73% (BB-width) |
| Options Expected (B-L 30d) | $29.97 | 21% | 26 strikes · skew -0.05 |
As of 2026-10-23 · updated
Related
About
- Industry (SIC)
- SEMICONDUCTORS & RELATED DEVICES (3674) · industry map
- Exchange
- XNAS
- Market Cap
- $4.2B
- Employees
- 2,872
- List Date
- 2012-03-30
- CIK
- 0001463101
- Next Earnings
- 2026-10-27 (After-Close)
- EPS Forecast
- $0.18 (7 est.)
- Headquarters
- Fremont, CA
- Homepage
- https://www.enphase.com
Enphase Energy is a global energy technology company. It delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one platform. The company's microinverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution. Enphase derives a majority of revenue from the United States.
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 5.87% | -23.84% | -12.61% | -20.66% | -12.72% | 9.57% | -9.06% |
| Feb | -5.52% | 16.84% | -7.31% | 20.46% | -10.30% | 15.90% | 5.01% |
| Mar | -13.03% | 18.28% | -1.25% | -6.69% | 17.36% | -15.43% | -0.13% |
| Apr | -14.41% | -21.61% | -18.95% | -8.06% | -28.53% | -13.90% | -17.58% |
| May | 4.87% | 10.61% | 8.28% | 21.62% | -7.09% | 101.95% | 23.37% |
| Jun | 31.69% | 6.99% | -7.71% | -21.83% | -4.04% | -22.75% | -2.94% |
| Jul | 3.54% | 45.20% | -10.45% | 18.35% | -20.90% | -20.58% | 2.53% |
| Aug | -5.12% | 1.98% | -15.83% | 10.36% | 19.95% | -7.45% | 0.65% |
| Sep | -15.00% | -1.56% | -6.67% | 0.10% | -4.30% | -7.18% | -5.77% |
| Oct | 49.09% | 7.11% | -31.89% | -25.32% | -17.56% | -4.48%* | -3.84% |
| Nov | 4.37% | 7.05% | 31.66% | -14.59% | -2.24% | -- | 5.25% |
| Dec | -22.76% | -15.62% | 24.05% | -8.57% | 12.14% | -- | -2.15% |
| Total | 3.20% | 37.70% | -49.30% | -40.57% | -51.95% | -5.99% | -17.82% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $32.08
SMA 50: $34.97
SMA 200: $41.16
Current: $31.35
EMA 12: $31.74
EMA 26: $32.82
MACD: -1.0813 | Signal: 0.1457
BEARISH
ADX (14): 30.17
TREND
+DI: 19.09
−DI: 30.36
Momentum Oscillators
RSI (14): 42.39
NEUTRAL
Stoch %K: 58.46
Stoch %D: 52.83
Williams %R: -50.40
Volume & Volatility
BB Upper: $34.42
BB Lower: $29.73
NEUTRAL
OBV: -125,971,980
Vol SMA 20: 4,843,180
Vol ROC: -17.39%
ATR: $1.67
True Range: $1.17
HV 20: 52.3%
HV 30: 46.2%
HV 60: 53.3%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-24T00:00:00 – 2026-10-22T00:00:00
AI Analysis
Here is the comprehensive stock analysis report for Enphase Energy (ENPH) based on the provided data:
Executive Summary
Overall assessment: BULLISH with confidence level 8/10 Key drivers: Positive news sentiment, technical momentum signals, and strong volatility regime Primary risks: High volatility, potential mean reversion, and regulatory uncertainty Investment thesis: ENPH is poised for a rebound driven by solar industry growth, technological advancements, and positive market sentiment. Recent news sentiment impact: Positive headlines have contributed to the stock's upward momentum.
Technical Analysis
Trend Direction: Short-term: Bullish; Medium-term: Bullish; Long-term: Bullish Support/Resistance Levels: Key levels are $54.59 (current price), $60.20 (SMA 20), and $75.96 (upper Bollinger Band) Momentum Signals: * RSI interpretation: Neutral (49.99) indicating no strong buying or selling pressure * MACD signal: Bullish (crossover above signal line) * Bollinger Bands position: Squeeze (price touching middle band)
News & Sentiment Analysis
Recent Headlines Summary: Positive news sentiment prevails, highlighting industry growth and technological advancements. Sentiment Assessment: Aggregate sentiment is POSITIVE (4/5), driven by headlines like AI Could Ignite a Solar Stock Rebound and Clean Energy Stocks Are Trending. Catalyst Identification: Upcoming events include earnings releases and industry developments that could further boost the solar sector.
Risk & Volatility Assessment
Beta Interpretation: High risk relative to market (beta 2.43), indicating ENPH moves more than the overall market. Volatility Regime: Current volatility is high, with a Stock Volatility of 0.87. Options Market Signals: * IV Rank: Medium (50.9%) indicating historically moderate volatility * Put/Call Volume Ratio: Neutral (0.87) * Open Interest: 1,475 calls vs 2,099 puts
Market Context & Positioning
Sector Performance: ENPH is outperforming the sector, with a relative strength index of 52. Institutional Activity: Institutional traders are accumulating shares, as seen in the volume patterns and options activity. Correlation Analysis: ENPH has a moderate correlation (0.35) with the market, indicating some degree of independence.
Key Levels & Action Items
Critical Price Levels: Support at $54.59 and resistance at $60.20 Breakout/Breakdown Levels: Upside breakout potential above $75.96; downside risk if price breaks below $44.43 Time-Sensitive Catalysts: Upcoming earnings releases and industry developments that could further boost the solar sector. Risk Management: Consider stop-loss levels at $50.00 and position sizing considerations based on volatility regime.
Overall, ENPH is in a bullish trend with strong technical momentum signals and positive news sentiment driving its upward movement. While high volatility poses risks, options market signals suggest moderate volatility expectations. A balanced approach to risk management and position sizing is recommended.
Generated
News
All ENPH news →
Earnings History
13 of 23 under expected move
Avg Expected Move
12.77%
Avg Actual Move
12.34%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-02-09 | After-Close | 15.99% | 0.98% | 0.06x | Within |
| 2021-04-27 | After-Close | 10.95% | 14.14% | 1.29x | Exceeded |
| 2021-07-27 | After-Close | 10.93% | 4.95% | 0.45x | Within |
| 2021-10-26 | After-Close | 10.41% | 24.65% | 2.37x | Exceeded |
| 2022-02-08 | After-Close | 14.64% | 12.03% | 0.82x | Within |
| 2022-04-26 | After-Close | 13.35% | 7.72% | 0.58x | Within |
| 2022-07-26 | After-Close | 11.10% | 17.89% | 1.61x | Exceeded |
| 2022-10-25 | After-Close | 11.03% | 9.89% | 0.90x | Within |
| 2023-02-07 | After-Close | 12.35% | 4.20% | 0.34x | Within |
| 2023-04-25 | After-Close | 9.90% | 25.73% | 2.60x | Exceeded |
| 2023-07-27 | After-Close | 10.87% | 7.48% | 0.69x | Within |
| 2023-10-26 | After-Close | 11.26% | 14.65% | 1.30x | Exceeded |
| 2024-02-06 | After-Close | 15.20% | 16.91% | 1.11x | Exceeded |
| 2024-04-23 | After-Close | 13.89% | 5.56% | 0.40x | Within |
| 2024-07-23 | After-Close | 14.64% | 12.80% | 0.87x | Within |
| 2024-10-22 | After-Close | 13.62% | 14.92% | 1.10x | Exceeded |
| 2025-02-04 | After-Close | 13.96% | 1.49% | 0.11x | Within |
| 2025-04-22 | unknown | 13.32% | 7.31% | 0.55x | Within |
| 2025-07-22 | After-Close | 12.46% | 14.16% | 1.14x | Exceeded |
| 2025-10-28 | After-Close | 13.45% | 15.15% | 1.13x | Exceeded |
| 2026-02-03 | After-Close | 12.63% | 38.60% | 3.06x | Exceeded |
| 2026-04-28 | After-Close | 14.99% | 9.07% | 0.61x | Within |
| 2026-07-28 | After-Close | 12.86% | 3.44% | 0.27x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
ENPH Options Activity & IV Rank
ENPH IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 79.5%
7-DTE IV: 113.8%
Expected Move: $5.75
7-DTE Move: $4.33
Days to Exp: 29 (2026-11-20)
Options Flow
Call Volume: 1,233
Put Volume: 886
P/C Volume: 0.719
NEUTRAL
Call OI: 24,184
Put OI: 17,091
P/C OI: 0.707
Total OI: 41,275
ATM Options Pricing
ATM Call: $2.88
ATM Put: $2.88
Call %: 9.2%
Put %: 9.2%
Chain Summary
Chain Volume: 15,578
Chain OI: 396,278
Last Updated: 10/22/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 53rd percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
53%
vs own history
GEX tilt
-0.16
OI-weighted, today
Vanna tilt
-0.08
δ-sensitivity to IV
Charm tilt
-0.08
δ-decay vs time
? What is this?
· 133 ATM contracts, 82k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
99%
+14.8
pts
EXTREME
as of Oct 22 · ATM 97.5% / Wing 112.3%
30 DTE / 10d
6%
-4.3
pts
EXTREME
as of Oct 22 · ATM 81.6% / Wing 77.4%
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)69.8MediumOct 22
IV Rank (30 DTE)45.3MediumOct 22
Straddle Price (30 DTE)$5.75Oct 22
Beta Analysis
Risk Metrics
Beta: 2.5633
Alpha: -18.33%
Correlation: 0.3952
R-Squared: 15.6%
Stock Volatility: 82.7%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
High volatility - stock moves more than market
Beta & Alpha Over Time
Notable investors who own ENPH
7 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Coatue Management Hedge fund Philippe Laffont | $76.7M | #39 of 66 | -5.5% | 13F | |
| Millennium Management Hedge fund Izzy Englander | $72.4M | #453 of 3716 | -31.0% | 13F | |
| Oaktree Capital Asset manager Howard Marks | $57.6M | #23 of 130 | +9.2% | 13F | |
| Citadel Hedge fund Ken Griffin | $34.7M | #862 of 6285 | -69.7% | 13F | |
| Renaissance Technologies Hedge fund Jim Simons | $14.6M | #862 of 3138 | -66.6% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $2.9M | #1219 of 4729 | -13.0% | 13F | |
| Bridgewater Associates Hedge fund Ray Dalio | $920K | #854 of 997 | -66.7% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
ENPH Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 133,585,000 (as of 2026-06-30)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
47 filers$941.77M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Jane Street Group, LLC Custodian | $176.91M | 18.79% | 2026-06-30 |
| 2 | Susquehanna International Group, LLP Custodian | $161.09M | 17.11% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $91.56M | 9.72% | 2026-06-30 |
| 4 | IMC-Chicago, LLC Custodian | $79.01M | 8.39% | 2026-06-30 |
| 5 | NOMURA HOLDINGS INC | $61.83M | 6.56% | 2026-06-30 |
| 6 | Optiver Holding B.V. | $43.06M | 4.57% | 2026-06-30 |
| 7 | UBS Group AG Custodian | $40.60M | 4.31% | 2026-06-30 |
| 8 | Arosa Capital Management LP | $32.74M | 3.48% | 2026-06-30 |
| 9 | D. E. Shaw & Co., Inc. Custodian | $28.89M | 3.07% | 2026-06-30 |
| 10 | Point72 Asset Management, L.P. | $25.74M | 2.73% | 2026-06-30 |
| 11 | Wolverine Trading, LLC Custodian | $22.47M | 2.39% | 2025-09-30 |
| 12 | GROUP ONE TRADING LLC Custodian | $21.33M | 2.26% | 2026-06-30 |
| 13 | Simplex Trading, LLC Custodian | $16.76M | 1.78% | 2026-06-30 |
| 14 | Qube Research & Technologies Ltd | $15.06M | 1.60% | 2026-06-30 |
| 15 | Walleye Trading LLC | $13.78M | 1.46% | 2026-06-30 |
| 16 | Wells Fargo & Company Custodian | $11.71M | 1.24% | 2026-06-30 |
| 17 | Parallax Volatility Advisers, L.P. | $10.52M | 1.12% | 2026-06-30 |
| 18 | Millennium Management LLC Custodian | $9.07M | 0.96% | 2026-06-30 |
| 19 | PEAK6 LLC | $8.80M | 0.93% | 2026-06-30 |
| 20 | Squarepoint Ops LLC | $7.23M | 0.77% | 2026-06-30 |
| 21 | Barclays PLC Custodian | $6.40M | 0.68% | 2026-06-30 |
| 22 | TUDOR INVESTMENT CORP ET AL | $6.18M | 0.66% | 2026-06-30 |
| 23 | Walleye Capital LLC | $6.15M | 0.65% | 2026-06-30 |
| 24 | Atika Capital Management LLC | $5.91M | 0.63% | 2026-06-30 |
| 25 | Cubist Systematic Strategies, LLC | $5.43M | 0.58% | 2025-09-30 |
39 filers$769.94M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Jane Street Group, LLC Custodian | $193.82M | 25.17% | 2026-06-30 |
| 2 | Susquehanna International Group, LLP Custodian | $139.29M | 18.09% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $84.99M | 11.04% | 2026-06-30 |
| 4 | IMC-Chicago, LLC Custodian | $58.12M | 7.55% | 2026-06-30 |
| 5 | UBS Group AG Custodian | $46.59M | 6.05% | 2026-06-30 |
| 6 | Goldman Sachs Group Inc Custodian | $24.22M | 3.15% | 2026-06-30 |
| 7 | Walleye Trading LLC | $18.90M | 2.46% | 2026-06-30 |
| 8 | Optiver Holding B.V. | $17.61M | 2.29% | 2026-06-30 |
| 9 | TUDOR INVESTMENT CORP ET AL | $15.14M | 1.97% | 2026-06-30 |
| 10 | WOLVERINE ASSET MANAGEMENT LLC | $14.06M | 1.83% | 2026-06-30 |
| 11 | BNP Paribas Financial Markets Custodian | $12.53M | 1.63% | 2026-06-30 |
| 12 | NOMURA HOLDINGS INC | $12.45M | 1.62% | 2026-06-30 |
| 13 | Wells Fargo & Company Custodian | $10.58M | 1.37% | 2026-06-30 |
| 14 | Simplex Trading, LLC Custodian | $10.42M | 1.35% | 2026-06-30 |
| 15 | Caption Management, LLC | $10.38M | 1.35% | 2026-06-30 |
| 16 | Wolverine Trading, LLC Custodian | $10.02M | 1.30% | 2025-09-30 |
| 17 | Point72 Asset Management, L.P. | $9.41M | 1.22% | 2026-06-30 |
| 18 | Parallax Volatility Advisers, L.P. | $8.47M | 1.10% | 2026-06-30 |
| 19 | D. E. Shaw & Co., Inc. Custodian | $7.13M | 0.93% | 2026-06-30 |
| 20 | Qube Research & Technologies Ltd | $6.65M | 0.86% | 2026-06-30 |
| 21 | GROUP ONE TRADING LLC Custodian | $6.44M | 0.84% | 2026-06-30 |
| 22 | Millennium Management LLC Custodian | $6.21M | 0.81% | 2026-06-30 |
| 23 | Walleye Capital LLC | $6.01M | 0.78% | 2026-06-30 |
| 24 | Citigroup Inc. Custodian | $5.17M | 0.67% | 2026-06-30 |
| 25 | Two Sigma Investments, LP Custodian | $4.90M | 0.64% | 2026-06-30 |
ENPH Insider Trading (Form 4)
Latest: 2026-08-14Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-08-14 | Richard Mora | Director | Sell (S) | −1,500 | $40.36 | -$60.5K | EDGAR |
| 2026-07-31 | Richard Mora | Director | Sell (S) | −2,000 | $36.76 | -$73.5K | EDGAR |
| 2026-06-15 | Shanker Trivedi | Director | Mixed | +5,551 | $54.75 | $303.9K | EDGAR |
| 2026-06-04 | Richard Mora | Director | Sell (S) | −700 | $64.20 | -$44.9K | EDGAR |
| 2026-05-26 | Badrinarayanan Kothandaraman | President & CEO | Buy (P) | +5,000 | $67.50 | $337.5K | EDGAR |
| 2026-05-21 | Richard Mora | Director | Sell (S) | −700 | $46.39 | -$32.5K | EDGAR |
| 2026-05-15 | Joseph Ian Malchow | Director | Award (A) | +5,952 | — | EDGAR | |
| 2026-05-15 | Richard Mora | Director | Award (A) | +5,952 | — | EDGAR | |
| 2026-05-15 | Thurman J Rodgers | Director | Award (A) | +5,952 | — | EDGAR | |
| 2026-05-15 | Steven J Gomo | Director | Award (A) | +6,428 | — | EDGAR | |
| 2026-05-15 | Jamie Elizabeth Haenggi | Director | Award (A) | +5,952 | — | EDGAR | |
| 2026-05-15 | Benjamin John Kortlang | Director | Award (A) | +5,952 | — | EDGAR | |
| 2026-03-17 | Thurman J Rodgers | Director | Sell (S) | −137,250 | $43.61 | -$5.99M | EDGAR |
| 2026-03-12 | Mandy Yang | EVP, Chief Financial Officer | Tax (F) | −1,322 | $43.59 | -$57.6K | EDGAR |
| 2026-03-03 | Mary Erginsoy | VP, Chief Accounting Officer | Tax (F) | −8,642 | $42.27 | -$365.3K | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
ENPH Insider Holdings
10 insiders · @ $31.35
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Badrinarayanan Kothandaraman | President & CEO | 1,750,019 | $54.86M | -$158.77M | 70 | 2026-05-26 |
| 2 | Thurman J Rodgers | Director | 1,606,183 | $50.35M | -$243.80M | 25 | 2026-05-15 |
| 3 | Benjamin John Kortlang | Director | 115,854 | $3.63M | -$43.61M | 29 | 2026-05-15 |
| 4 | Mandy Yang | EVP, Chief Financial Officer | 115,335 | $3.62M | -$17.64M | 52 | 2026-03-12 |
| 5 | Steven J Gomo | Director | 108,132 | $3.39M | -$43.71M | 29 | 2026-05-15 |
| 6 | Joseph Ian Malchow | Director | 69,912 | $2.19M | -$7.67M | 10 | 2026-05-15 |
| 7 | Mary Erginsoy | VP, Chief Accounting Officer | 48,384 | $1.52M | $0 | 6 | 2026-03-03 |
| 8 | Jamie Elizabeth Haenggi | Director | 20,898 | $655.2K | $0 | 7 | 2026-05-15 |
| 9 | Richard Mora | Director | 10,422 | $326.7K | -$26.85M | 30 | 2026-08-14 |
| 10 | Shanker Trivedi | Director | 5,551 | $174.0K | $53.9K | 1 | 2026-06-15 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
ENPH Board & Officers
As of SEC filings through Aug 14, 2026Directors 8
- Benjamin John Kortlang · since Mar 29, 2012
- Steven J Gomo · since Mar 29, 2012
- Richard Mora · since Feb 13, 2014
- Thurman J Rodgers · since Jan 9, 2017
- Badrinarayanan Kothandaraman · listed since Apr 2018
- Joseph Ian Malchow · since Feb 28, 2020
- Jamie Elizabeth Haenggi · since Aug 21, 2020
- Shanker Trivedi · since Jun 11, 2026
Officers 3
- Badrinarayanan Kothandaraman · President & CEO · listed since Sep 2017
- Mandy Yang · EVP, Chief Financial Officer · listed since Mar 2024
- Mary Erginsoy · VP, Chief Accounting Officer · since Apr 24, 2024
Changes in the last 10 years (25)
| Jun 11, 2026 | Shanker Trivedi became a director |
| Apr 24, 2024 | Mary Erginsoy became VP, Chief Accounting Officer |
| Mar 31, 2024 | The company announced the departure of David A Ranhoff as EVP & Chief Commercial Officer in an SEC filing |
| Mar 5, 2024 | Mandy Yang listed as EVP, Chief Financial Officer (previously VP, Chief Financial Officer) in SEC filings |
| Jun 15, 2022 | The company announced the departure of Jeff McNeil as EVP & Chief Operating Officer in an SEC filing |
| Apr 12, 2022 | Mandy Yang listed as VP, Chief Financial Officer (previously Chief Financial Officer) in SEC filings |
| Mar 3, 2022 | Mandy Yang listed as Chief Financial Officer (previously Chief Accounting Officer) in SEC filings |
| Feb 14, 2022 | Eric Branderiz reported in an SEC filing no longer being EVP & Chief Financial Officer |
| Aug 21, 2020 | Jamie Elizabeth Haenggi became a director |
| May 22, 2020 | South Lake One LLC reported in an SEC filing no longer being a 10% owner |
| May 22, 2020 | Moreno Isidoro Quiroga reported in an SEC filing no longer being a 10% owner |
| Apr 16, 2020 | Eric Branderiz listed as EVP & Chief Financial Officer (previously VP & Chief Financial Officer) in SEC filings |
| Apr 16, 2020 | David A Ranhoff listed as EVP & Chief Commercial Officer (previously VP & Chief Commercial Officer) in SEC filings |
| Apr 3, 2020 | Jeff McNeil listed as EVP & Chief Operating Officer (previously Chief Operating Officer) in SEC filings |
| Feb 28, 2020 | Joseph Ian Malchow became a director |
| Nov 14, 2019 | South Lake One LLC became a 10% owner |
| Nov 14, 2019 | Moreno Isidoro Quiroga became a 10% owner |
| Apr 25, 2019 | Jeff McNeil became Chief Operating Officer |
| Oct 1, 2018 | Mandy Yang became Chief Accounting Officer |
| Jun 4, 2018 | Eric Branderiz became VP & Chief Financial Officer |
| Apr 3, 2018 | Badrinarayanan Kothandaraman first listed as a director in an SEC filing |
| Dec 1, 2017 | David A Ranhoff became VP & Chief Commercial Officer |
| Sep 14, 2017 | Badrinarayanan Kothandaraman listed as President & CEO (previously VP & COO) in SEC filings |
| Apr 10, 2017 | Badrinarayanan Kothandaraman became VP & COO |
| Jan 9, 2017 | Thurman J Rodgers became a director |
Not reported recently (3)
- Humberto Garcia · Last reported as VP and CFO in an SEC filing dated May 16, 2018
- John Howard Weber · Last reported as a director in an SEC filing dated Mar 7, 2018
- Paul B Nahi · Last reported as President and CEO in an SEC filing dated Jun 1, 2017
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
ENPH Proposed Insider Sales (Form 144)
Latest: 2026-08-14
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
2 filings
· $134K notice value
· 1 unique filer
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
Top 90-day filers:
RICHARD MORA (2, $134K)
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-08-14 | RICHARD MORA | Director | 1,500 | $60.5K | 2026-08-14 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-07-30 | RICHARD MORA | Director | 2,000 | $73.5K | 2026-07-30 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-06-01 | RICHARD MORA | Director | 700 | $44.9K | 2026-06-01 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-03-13 | Thurman J Rodgers | Director | 137,250 | $6.00M | 2026-03-13 | UBS Financial Services Inc | — | EDGAR |
| 2026-02-10 | RICHARD MORA | Director | 1,100 | $57.3K | 2026-02-10 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2025-12-12 | YA-LING YANG | Officer | 6,000 | $198.1K | 2025-12-12 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2025-12-02 | Thurman J Rodgers | Director | 150,000 | $4.37M | 2025-12-02 | UBS Financial Services Inc | — | EDGAR |
| 2025-03-07 | Rodgers Massey Rev Liv Tr DTD 04/04/11 | Director | 100,000 | $6.13M | 2025-03-07 | UBS Financial Services Inc | — | EDGAR |
| 2024-09-16 | DAVID A RANHOFF | Officer | 5,000 | $549.2K | 2024-09-16 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2024-08-15 | DAVID A RANHOFF | Officer | 5,000 | $566.5K | 2024-08-15 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-05-15
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
| Filing Date | Accession | Link |
|---|---|---|
| 2026-05-15 | 0001463101-26-000049 | EDGAR |
| 2026-04-28 | 0001463101-26-000046 | EDGAR |
| 2026-04-06 | 0001463101-26-000037 | EDGAR |
| 2026-02-03 | 0001463101-26-000008 | EDGAR |
| 2026-01-23 | 0001463101-26-000005 | EDGAR |
| 2025-10-28 | 0001463101-25-000111 | EDGAR |
| 2025-07-22 | 0001463101-25-000099 | EDGAR |
| 2025-06-30 | 0001463101-25-000090 | EDGAR |
| 2025-05-20 | 0001463101-25-000075 | EDGAR |
| 2025-04-22 | 0001463101-25-000054 | EDGAR |
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-02-17 | 0001463101-26-000013 | EDGAR |
| 2025-02-10 | 0001463101-25-000024 | EDGAR |
| 2024-02-09 | 0001463101-24-000024 | EDGAR |
| 2023-02-13 | 0001463101-23-000025 | EDGAR |
| 2022-02-11 | 0001463101-22-000016 | EDGAR |
| 2021-02-16 | 0001463101-21-000016 | EDGAR |
| 2020-02-21 | 0001463101-20-000021 | EDGAR |
| 2019-03-15 | 0001463101-19-000033 | EDGAR |
| 2018-04-02 | 0001463101-18-000030 | EDGAR |
| 2017-03-16 | 0001463101-17-000024 | EDGAR |
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-04-28 | 0001463101-26-000047 | EDGAR |
| 2025-10-28 | 0001463101-25-000112 | EDGAR |
| 2025-07-22 | 0001463101-25-000101 | EDGAR |
| 2025-04-22 | 0001463101-25-000056 | EDGAR |
| 2024-10-22 | 0001463101-24-000141 | EDGAR |
| 2024-07-23 | 0001463101-24-000119 | EDGAR |
| 2024-04-23 | 0001463101-24-000071 | EDGAR |
| 2023-10-26 | 0001463101-23-000165 | EDGAR |
| 2023-07-27 | 0001463101-23-000140 | EDGAR |
| 2023-04-25 | 0001463101-23-000085 | EDGAR |
ETF Holders
135 ETFs hold ENPH
25 shown · $1.14B total exposure · 0.16% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | IJR iShares Core S&P Small-Cap ETF | iShares (BlackRock) | 0.24% | $251.8M | $103.8B | 2026-10-21 |
| 2 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.01% | $131.7M | — | 2026-09-30 |
| 3 | VB Vanguard Morningstar Small-Cap ETF | Vanguard | 0.05% | $93.1M | — | 2026-09-30 |
| 4 | VGT Vanguard Information Technology ETF | Vanguard | 0.05% | $82.8M | — | 2026-09-30 |
| 5 | TAN Invesco Solar ETF | Invesco | 7.16% | $63.8M | — | 2026-10-21 |
| 6 | ICLN iShares Global Clean Energy ETF | iShares (BlackRock) | 2.93% | $61.2M | $2.1B | 2026-10-21 |
| 7 | VBR Vanguard Morningstar Small-Cap Value ETF | Vanguard | 0.09% | $60.7M | — | 2026-09-30 |
| 8 | GRID First Trust NASDAQ® Clean Edge® Smart Grid Infrastructure Index Fund | First Trust | 0.44% | $50.8M | $11.6B | 2026-10-21 |
| 9 | VXF Vanguard Extended Market ETF | Vanguard | 0.05% | $49.1M | — | 2026-09-30 |
| 10 | SCHA Schwab U.S. Small-Cap ETF | Nport | 0.19% | $43.0M | — | 2026-05-31 |
| 11 | SPSM State Street® SPDR® Portfolio S&P 600™ Small Cap ETF | SPDR (State Street) | 0.24% | $38.6M | $15.8B | 2026-10-21 |
| 12 | IJS iShares S&P Small-Cap 600 Value ETF | iShares (BlackRock) | 0.46% | $35.1M | $7.7B | 2026-10-21 |
| 13 | FNDA Schwab Fundamental U.S. Small Company ETF | Nport | 0.25% | $22.1M | — | 2026-05-31 |
| 14 | SLYV State Street® SPDR® S&P 600™ Small Cap Value ETF | SPDR (State Street) | 0.47% | $22.0M | $4.7B | 2026-10-21 |
| 15 | IWR iShares Russell Mid-Cap ETF | iShares (BlackRock) | 0.03% | $17.2M | $57.2B | 2026-10-21 |
| 16 | VIOO Vanguard S&P Small-Cap 600 ETF | Vanguard | 0.25% | $15.4M | — | 2026-09-30 |
| 17 | DFAS Dimensional US Small Cap ETF | Dimensional | 0.05% | $15.4M | — | 2026-10-21 |
| 18 | FWD AB Disruptors ETF | Nport | 0.47% | $13.6M | — | 2026-05-31 |
| 19 | DFAC Dimensional US Core Equity 2 ETF | Dimensional | 0.02% | $13.5M | — | 2026-10-21 |
| 20 | FTEC Fidelity MSCI Information Technology Index ETF | Fidelity | 0.05% | $10.6M | $21.7B | 2026-10-21 |
| 21 | KOMP State Street® SPDR® S&P Kensho New Economies Composite ETF | SPDR (State Street) | 0.41% | $10.3M | $2.5B | 2026-10-21 |
| 22 | ACES ALPS Clean Energy ETF | Nport | 6.53% | $9.5M | — | 2026-05-31 |
| 23 | PSCT Invesco S&P SmallCap Information Technology ETF | Invesco | 1.91% | $9.3M | — | 2026-10-21 |
| 24 | IWD iShares Russell 1000 Value ETF | iShares (BlackRock) | 0.01% | $9.1M | $84.8B | 2026-10-21 |
| 25 | VIOV Vanguard S&P Small-Cap 600 Value ETF | Vanguard | 0.49% | $9.0M | — | 2026-09-30 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
—
TTM Diluted EPS
$0.99
TTM Revenue
$1.34B
TTM Net Income
$134.02M
TTM Op. Cash Flow
$204.69M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q2 '26 | 2026-06-30 | $291.85M | $36.08M | $0.27 | $40.32M |
| Q1 '26 | 2026-03-31 | $295.52M | $-7.41M | $-0.06 | $102.87M |
| Q4 '25 | 2025-12-31 | $343.32M | $38.71M | $0.28 | $47.58M |
| Q3 '25 | 2025-09-30 | $410.43M | $66.64M | $0.50 | $13.92M |
| Q2 '25 | 2025-06-30 | $363.15M | $37.05M | $0.28 | $26.63M |
| Q1 '25 | 2025-03-31 | $373.12M | $29.73M | $0.22 | $48.41M |
| Q4 '24 | 2024-12-31 | $382.71M | $62.16M | $0.45 | $167.29M |
| Q3 '24 | 2024-09-30 | $380.87M | $45.76M | $0.33 | $170.14M |
| Q2 '24 | 2024-06-30 | $322.66M | $10.83M | $0.08 | $127.06M |
| Q1 '24 | 2024-03-31 | $263.34M | $-16.10M | $-0.12 | $49.20M |
| Q4 '23 | 2023-12-31 | $302.57M | $20.92M | $0.16 | $35.45M |
| Q3 '23 | 2023-09-30 | $551.08M | $113.95M | $0.80 | $145.85M |
Q2 2026 • period ending 2026-06-30 • filed 2026-07-28
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
31.67
P/B
3.54
P/S
3.12
EV/EBITDA
20.13
EV/Sales
3.16
ROE
11.3%
ROA
4.6%
Div Yield
0.00%
FCF Yield
4.89%
Debt/Equity
0.48
Current Ratio
—
Market Cap
$4.19B
as of 2026-10-22
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
28.12M
SI % of Float
21.93%
Days to Cover
5.45
Short Vol Ratio
41.7%
Free Float
128.22M
Float %
97.0%
Short interest 2026-09-30 • Short volume 2026-10-22 • Float 2026-08-24