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Nipul Patel Biography and Net Worth

CFO of Array Technologies

Nipul Patel is helping Array navigate the administrative, financial, and risk management operations of the company. He is a dedicated financial officer who specializes in leading companies experiencing rapid growth. Nipul has had the opportunity to do so as the vice president for electronics, software, and international conglomerate companies over the past 25 years, and is excited to put his skills to work for Array. He is a Certified Public Accountant and holds a Bachelor of Science degree in Accounting from Miami University and an MBA from Case Western Reserve University.

What is Nipul M. Patel's net worth?: The estimated net worth of Nipul M. Patel is at least $1.03 million as of August 14th, 2023. Mr. Patel owns 82,827 shares of Array Technologies stock worth more than $1,027,055 as of April 28th. This net worth estimate does not reflect any other investments that Mr. Patel may own. Learn More about Nipul M. Patel's net worth.
How do I contact Nipul M. Patel?: The corporate mailing address for Mr. Patel and other Array Technologies executives is 3901 Midway Place NE Albuquerque, NM 87109. Array Technologies can also be reached via phone at 505-881-7567 and via email at [email protected]. Learn More on Nipul M. Patel's contact information.
Has Nipul M. Patel been buying or selling shares of Array Technologies?: Nipul M. Patel has not been actively trading shares of Array Technologies within the last three months. Most recently, Nipul M. Patel sold 54,593 shares of the business's stock in a transaction on Monday, August 14th. The shares were sold at an average price of $23.12, for a transaction totalling $1,262,190.16. Following the completion of the sale, the chief financial officer now directly owns 82,827 shares of the company's stock, valued at $1,914,960.24. Learn More on Nipul M. Patel's trading history.
Who are Array Technologies' active insiders?: Array Technologies' insider roster includes Kevin Hostetler (CEO), Tyson Hottinger (Chief Legal Officer), Nipul Patel (CFO), and Gerrard Schmid (Director). Learn More on Array Technologies' active insiders.
Are insiders buying or selling shares of Array Technologies?: In the last twelve months, insiders at the solar tracking solution sold shares 4 times. They sold a total of 78,769 shares worth more than $1,748,774.96. The most recent insider tranaction occured on March, 20th when CEO Kevin G Hostetler sold 8,176 shares worth more than $100,564.80. Insiders at Array Technologies own 0.6% of the company. Learn More about insider trades at Array Technologies.
Information on this page was last updated on 3/20/2024.

Nipul M. Patel Insider Trading History at Array Technologies

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
8/14/2023	Sell	54,593	$23.12	$1,262,190.16	82,827
8/16/2022	Buy	4,560	$21.95	$100,092.00	108,629
10/19/2020	Buy	37,068	$22.00	$815,496.00

Nipul M. Patel Buying and Selling Activity at Array Technologies

Array Technologies Company Overview

Array Technologies, Inc. manufactures and sells ground-mounting tracking systems used in solar energy projects in the United States, Spain, Brazil, Australia, and internationally. The company operates in two segments, Array Legacy Operations and STI Operations. Its products portfolio includes DuraTrack HZ v3, a single axis tracker; Array STI H250 that delivers a lower levelized cost of energy with tracker system; Array OmniTrack; and SmarTrack, a software product that uses site-specific historical weather and energy production data in combination with machine learning algorithms to identify the optimal position for a solar array in real time to enhance energy production. Array Technologies, Inc. was incorporated in 1987 and is headquartered in Albuquerque, New Mexico.

Today's Range

Now: $12.40

$11.91

$13.03

50 Day Range

MA: $13.21

$10.97

$15.10

2 Week Range

Now: $12.40

$10.82

$26.64

Volume

4,200,487 shs

Average Volume

5,015,867 shs

Market Capitalization

$1.88 billion

P/E Ratio

22.96

Dividend Yield

N/A

Beta

1.66

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