Enlight Renewable Energy Ltd. (NASDAQ: ENLT) is a global company that develops, finances, and operates renewable energy projects. It focuses on solar, wind, and energy storage solutions. The company's main activities are concentrated in its core markets of the United States and Europe, where it serves large commercial customers.
Amid the company's strategic moves, a director, Weil Shai Yeshayahu, sold a significant number of shares. On May 25, 2026, he sold 73,436 shares at $93.68 each. This transaction totaled approximately $6.88 million, leaving the director with 396,655 shares in Enlight Renewable Energy Ltd.
This sale happens as Enlight Renewable Energy Ltd. secures a 15-year power agreement with Google (NASDAQ: GOOGL) for its Oklahoma data center. The company also has a new focus on developing AI data centers. It is targeting a $2.10 billion revenue run rate by 2028 to meet what it calls accelerating electricity demand.
Despite this growth, an analysis highlighted by GuruFocus calls the stock "significantly overvalued." This view is supported by a broader trend of insider selling, with $13.20 million in shares sold over the last three months and no reported insider buying during the same period.
