Tigo Energy director Sagit Manor sold 63,500 shares of common stock on June 15, totaling $180,975, according to a recent SEC filing. The shares of Tigo Energy (NASDAQ:TYGO) were sold at prices ranging from $2.80 to $2.88 per share, with a weighted average price of $2.85. The sale comes as TYGO stock has declined 10% over the past week, though the company has delivered impressive returns of 106% year-to-date and 135% over the past year. According to InvestingPro analysis, the stock currently appears undervalued relative to its Fair Value. Investors seeking deeper insights can access TYGO’s comprehensive Pro Research Report, one of 1,400+ available on the platform, along with 18 additional ProTips.
The transaction was related to the vesting of a restricted stock unit (RSU) award granted to Ms. Manor on May 20, 2025. The sale was conducted solely to satisfy tax withholding obligations incurred upon the vesting of these units. Following this transaction, Ms. Manor directly holds 323,098 shares of Tigo Energy common stock. This total includes 33,068 shares underlying RSUs granted on May 20, 2026, which are scheduled to vest in full immediately prior to the company’s 2027 Annual Meeting of Stockholders, contingent on her continued service.
In other recent news, Tigo Energy Inc. reported a notable 33.7% increase in revenue for the first quarter of 2026, reaching $25.2 million, up from $18.8 million in the same period of the previous year. Despite a sequential decline from the fourth quarter of 2025 due to seasonal patterns, the company showed significant improvements in profitability. Tigo Energy also shared an optimistic outlook for the second quarter of 2026, forecasting further revenue growth and improvements in adjusted EBITDA. These recent developments reflect the company’s ongoing efforts to enhance its financial performance. The company did not mention any mergers or acquisitions in this period. Analyst firms have not provided any recent upgrades or downgrades for Tigo Energy. Investors will be watching closely to see if the company meets its projected targets in the upcoming quarter.