Sagit Manor Sells 63,500 Shares of Tigo Energy
Sagit Manor recently divested 63,500 shares of Tigo Energy, valued at approximately $180,975.
Key Points
- Sagit Manor sold 63,500 shares of Tigo Energy on June 15, 2026, at an average price of $2.85 per share, totaling about $180,975.
- Tigo Energy's stock, trading on NasdaqCM under the ticker TYGO, has a market cap of nearly $217.9 million and a P/E ratio of 47.8.
- Institutional investors like AWM Investment Company and Renaissance Technologies have also adjusted their positions in Tigo Energy recently.
Sagit Manor, an insider at Tigo Energy, Inc. (NasdaqCM:TYGO), sold 63,500 shares of the company on June 15, 2026. The shares were sold at an average price of $2.85 each, totaling approximately $180,975. This transaction was not part of a pre-arranged trading plan.
Other Institutional Activity in Tigo Energy
Several institutional investors have recently adjusted their positions in Tigo Energy. AIGH Capital Management LLC initiated a new position with 7,280,312 shares valued at about $27.4 million. AWM Investment Company, Inc. significantly increased its holdings by 1,912,616 shares, ending with 2,150,930 shares worth approximately $8.1 million. Vanguard Capital Management LLC also established a new stake with 2,036,697 shares valued at about $7.7 million. Conversely, Renaissance Technologies LLC reduced its position by 126,163 shares, leaving it with 1,298,877 shares valued at roughly $4.9 million.
Tigo Energy Stock Snapshot
Shares of Tigo Energy, trading under the ticker TYGO on NasdaqCM, were recently priced around $2.87. The company has a market capitalization of approximately $217.9 million. Tigo Energy's P/E ratio stands at 47.8, with a forward P/E of 20.5, indicating expectations of future growth. The stock's 52-week range is between $1.14 and $5.33, with a 50-day moving average of $4.04 and a 200-day moving average of $2.90. The company's beta is 1.235, suggesting moderate volatility compared to the market.
Recent Earnings
Tigo Energy reported revenues of $109.9 million, reflecting a growth rate of 33.7%. The company's earnings per share (EPS) is $0.06, with a net margin of 3.07% and a return on equity (ROE) of 15.11%. The next earnings release is scheduled for July 28, 2026.
Insider Buying and Selling at Tigo Energy, Inc.
In addition to Sagit Manor's recent sale, other insiders have been active. Joan Conley sold 50,000 shares on June 10, 2026, at $3.10 per share. Zvi Alon, the CEO, sold 72,057 shares on June 4, 2026, at $3.42 per share and made several other transactions in early June.
Analysts Set New Price Targets
Analysts have been updating their views on Tigo Energy. On July 30, 2025, HC Wainwright & Co. maintained its 'buy' rating with a price target of $6.0. Roth MKM has a 'hold' rating with a target of $1.5 as of May 16, 2024. The consensus target price stands at $6.85 from four analyst opinions.
About Tigo Energy
Tigo Energy, Inc., based in Los Gatos, California, operates in the technology sector, specifically within the solar industry. The company provides solar and energy storage solutions, including module level power electronics (MLPEs) that optimize the energy output of solar modules. Tigo Energy also offers energy storage systems and a platform for energy monitoring and demand forecasting. Founded in 2007, the company is led by CEO Mr. Zvi Alon and employs 138 people.
Bottom Line
Sagit Manor's recent sale of Tigo Energy shares is a notable insider transaction, reflecting individual portfolio management decisions. Tigo Energy remains a focal point for institutional investors, with several funds adjusting their holdings. As always, it's important to remember that insider transactions do not necessarily indicate future stock performance. Investors keep an eye on these moves as part of broader market research.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.