Shaker Sadasivam, Director at FTC Solar, Inc. (FTCI), bought 101,083 shares at $2.69 ($272K) on 2026-08-28, disclosed to the SEC on 2026-09-01.
Director Shaker Sadasivam purchased 101,083 shares for $271,913 at $2.69, marking the largest insider purchase in the company's history. This significant accumulation comes as the stock trades near a 52-week low, potentially signaling confidence in the company's turnaround.
FTC Solar is down 56.07% over the last 90 days and is currently 81.84% below its 52-week high of $12.75, despite a 15.17% gain in the past 5 days.
1) Q2 2026 earnings on August 6, 2026, where revenue surged 31% year-over-year but triggered a cash covenant breach; 2) The company reaffirmed its expectation for at least 40% revenue growth in 2026; 3) The largest insider purchase ever recorded, signaling a potential reversal in sentiment.
1) The stock is down 62.96% over the last year and is currently 16.62% above its 52-week low of $1.985; 2) A recent analyst note from TD Cowen on May 6, 2026, cut the price target to $5 from $8, citing covenant concerns.
Clearly above the average filing.
| Filing → |
| FTCI | BUY | 2026-05-07 | $100K | — | Filing → |
| COHR | SELL | 2025-06-05 | $2.3M | — | Filing → |
| FTCI | BUY | 2023-11-21 | $30K | — | Filing → |