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No insider purchase over the last 90 days. The latest was filed 18 Dec 2024.
Array Technologies, Inc.: what insiders have been doing
Array Technologies, Inc. is a Energy company. Its directors and officers file their transactions with SEC (Form 4). 12 insiders have disclosed 26 filings since 18 October 2025.
None of the filings is a plain purchase or sale on the open market; they cover grants, option exercises and other movements. Compensation-driven entries like these are tracked, but they say little about how insiders judge the share price.
There has been no open-market purchase by an insider of Array Technologies, Inc. for at least a year. Filings reach the SEC (Form 4) feed a median of 4 days after the trade. For comparison, the SEC allows two business days to file a Form 4.
For context, the typical company on the same exchange (median of 5,810 companies) published 19 filings over the same period, against 26 filings here. Over the whole record (from 2021), the tally stands at 7 purchases and 10 sales. In its latest annual report filed with the SEC (10-K, fiscal year ended 31 December 2025), the company reported revenue of 1.28 bn USD and net income of -52.2 m USD.
For comparison within the same sector, see the insider buying recorded at RGC Resources Inc and Empire Petroleum Corp. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.
Insider Decl.
142
Thresholds
n/a
Buy Volume
€923,722
7 ops. · all time
Sell Volume
€2M
10 ops. · all time
Who traded when
BuySaleKevin G. Hostetler1 buy
Neil Manning1 buy
Since the insiders bought
- +77.7%Entry US$5.34 · Close at T+365 US$9.49
- +4.9%Entry US$6.37 · Close at T+365 US$6.68
- +15.5%Entry US$21.36 · Close at T+365 US$24.68
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analyst consensus: bullish or bearish?
Analysts rate Array Technologies, Inc. Buy (bullish), based on 22 analysts. Average price target: US$7.44.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 20,393 of 24,148 companies
27.3
score / 100
Value39
Quality16
FCF yld15%
Earn yld-9.5%
EV/EBITDA29.0x
ROE-26%
Gross mgn23%
Net mgn-4.1%
Debt/EBITDA16.9x
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
US$3.57
Analyst consensus
22 analystsBuy
US$4.00Target US$7.44(+108%)US$13.00
Income statement
RevenueUS$1.3B
Gross profitUS$298.6M23% margin
EBITDAUS$45.4M4% margin
Net income-US$52.2M-7.2% margin
Valuation
PER (forward)3.8x
Beta1.81
Balance sheet & cash
Market capUS$549.8M
Total debtUS$766.2M
Free Cash FlowUS$79.8M
Debt / Equity254%
Profitability & ownership
ROE-26.0%
ROA3.3%
% insiders0.8%
% institutions147.7%
Last declaration on 28 September 2026
Declarations142 total
10,466 shares@ US$3.930.0060% mcap44.7% of flowCommon Stock, par value $0.001 per shareSEC:0001628280-26-063676:1
32,739 sharesCommon Stock, par value $0.001 per shareSEC:0001628280-26-063677:0
8,955 shares@ US$3.930.0052% mcap20.0% of flowCommon Stock, par value $0.001 per shareSEC:0001628280-26-063677:1
89,170 shares@ US$3.930.051% mcap20.4% of flowCommon Stock, par value $0.001 per shareSEC:0001628280-26-063679:1
38,976 sharesCommon Stock, par value $0.001 per shareSEC:0001628280-26-063676:0
213,070 sharesCommon Stock, par value $0.001 per shareSEC:0001628280-26-063679:0
22,164 shares0Common Stock, par value $0.001 per shareSEC:0001628280-26-037178:0
22,164 shares0Common Stock, par value $0.001 per shareSEC:0001628280-26-037176:0
22,164 shares0Common Stock, par value $0.001 per shareSEC:0001628280-26-037182:0
22,164 shares0Common Stock, par value $0.001 per shareSEC:0001628280-26-037185:0
22,164 shares0Common Stock, par value $0.001 per shareSEC:0001628280-26-037188:0
22,164 shares0Common Stock, par value $0.001 per shareSEC:0001628280-26-037190:0
21,886 sharesCommon Stock, par value $0.001 per shareSEC:0001628280-26-019967:0
6,152 sharesCommon Stock, par value $0.001 per shareSEC:0001628280-26-019965:0
4,882 sharesCommon Stock, par value $0.001 per shareSEC:0001628280-26-019963:0
40,782 sharesCommon Stock, par value $0.001 per shareSEC:0001628280-26-019961:0
35,150 sharesCommon Stock, par value $0.001 per shareSEC:0001628280-26-019959:0
8,217 sharesCommon Stock, par value $0.001 per shareSEC:0001628280-26-018307:0
56,149 sharesCommon Stock, par value $0.001 per shareSEC:0001628280-26-018303:0
8,628 sharesCommon Stock, par value $0.001 per shareSEC:0001628280-26-018301:0
3,749 sharesCommon Stock, par value $0.001 per shareSEC:0001965080-26-000004:0
25 of 142 declarations
About Array Technologies, Inc.
Array Technologies, Inc. (ticker: ARRY) is a U.S.-based company listed on the NASDAQ in the United States, focused on equipment, software, and services for utility-scale solar energy projects. The company is best known as a global provider of solar tracking technology, but its product set has broadened to include fixed-tilt systems, foundation solutions, software platforms, and related services. For investors, that makes ARRAY a pure-play supplier leveraged to the buildout of large solar farms, where tracker efficiency, reliability, and project economics are central to customer purchasing decisions. ([arraytechinc.com](https://arraytechinc.com/press-release/array-technologies-selected-as-the-tracker-supplier-for-statkrafts-high-altitude-lupi-solar-project-in-peru/?utm_source=openai))
The company was founded and is headquartered in Albuquerque, New Mexico, giving it a long-standing operational base in the U.S. Southwest. Historically, ARRAY built its franchise around solar tracker systems designed to rotate photovoltaic panels to follow the sun and improve energy yield. Over time, it has developed a stronger technology stack that includes products such as ARRAY STI H250™, SmarTrack®, and OmniTrack®. These solutions address different terrain and project conditions and add software-driven performance features such as backtracking and diffuse-light optimization. ARRAY also markets weather-resilience features, including hail protection capabilities, which are increasingly relevant in utility-scale solar deployment. ([arraytechinc.com](https://arraytechinc.com/press-release/array-enhances-array-sti-h250-tracker-with-smartrack-backtracking-and-diffuse-capabilities/?utm_source=openai))
Read moreShow less
From a competitive standpoint, ARRAY operates in a crowded global tracker market characterized by pricing pressure, project timing variability, and the need for continual product differentiation. Its position is supported by a recognized brand in solar tracking, a meaningful installed base, and an expanding portfolio that now extends beyond trackers into fixed-tilt and foundation-related products. A key strategic move was the acquisition of APA Solar, announced and completed in 2025, which added engineered foundation solutions and fixed-tilt mounting systems to ARRAY’s offering. That transaction strengthens the company’s ability to serve more of the solar project value chain and increases its relevance with customers seeking bundled infrastructure solutions. ([arraytechinc.com](https://arraytechinc.com/press-release/array-technologies-to-acquire-apa-solar/?utm_source=openai))
Geographically, ARRAY serves customers across multiple regions rather than relying on a single domestic market. Recent company releases point to commercial activity in Europe, Latin America, and the United States, including projects in Spain, Peru, and Indiana. This international footprint supports diversification, but it also means the business is exposed to local permitting regimes, renewable-energy incentives, and domestic-content requirements. Recent milestones have included an upgrade to SmarTrack® in 2025, the launch or expansion of hail-related product features, a 100% domestic-content tracker solution for a 200 MW project in Indiana, and the integration of APA Solar. In its most recent 2026 reporting, management highlighted strong traction for new products and continued progress on APA integration, underscoring ARRAY’s strategy of combining core tracker leadership with broader solar infrastructure capabilities. ([arraytechinc.com](https://arraytechinc.com/press-release/array-enhances-array-sti-h250-tracker-with-smartrack-backtracking-and-diffuse-capabilities/?utm_source=openai))
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