Sunrun Inc. (NASDAQ:RUN) CAO Sells $18,366.17 in Stock

Sunrun Inc. (NASDAQ:RUN - Get Free Report) CAO Maria Barak sold 2,729 shares of the stock in a transaction that occurred on Monday, April 7th. The stock was sold at an average price of $6.73, for a total transaction of $18,366.17. Following the sale, the chief accounting officer now owns 54,875 shares in the company, valued at $369,308.75. This represents a 4.74 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Sunrun Stock Up 4.3 %

NASDAQ:RUN traded up $0.26 during trading hours on Friday, reaching $6.29. The company's stock had a trading volume of 8,182,374 shares, compared to its average volume of 10,763,659. The company has a debt-to-equity ratio of 1.92, a current ratio of 1.47 and a quick ratio of 1.15. The company has a market cap of $1.42 billion, a price-to-earnings ratio of -3.46 and a beta of 2.74. The business's 50-day moving average is $7.17 and its 200-day moving average is $10.18. Sunrun Inc. has a one year low of $5.45 and a one year high of $22.26.

Hedge Funds Weigh In On Sunrun

Hedge funds and other institutional investors have recently modified their holdings of the stock. Aster Capital Management DIFC Ltd acquired a new position in shares of Sunrun during the fourth quarter valued at $29,000. Newbridge Financial Services Group Inc. increased its position in shares of Sunrun by 133.3% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 3,500 shares of the energy company's stock worth $32,000 after acquiring an additional 2,000 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Sunrun during the third quarter worth $44,000. Summit Securities Group LLC acquired a new position in Sunrun in the 4th quarter worth $53,000. Finally, Union Bancaire Privee UBP SA bought a new position in Sunrun during the 4th quarter worth about $56,000. Institutional investors own 91.69% of the company's stock.

Wall Street Analyst Weigh In

RUN has been the topic of a number of analyst reports. The Goldman Sachs Group reduced their price target on Sunrun from $17.00 to $15.00 and set a "buy" rating on the stock in a research report on Monday, March 3rd. StockNews.com upgraded shares of Sunrun to a "sell" rating in a research report on Friday, December 20th. BMO Capital Markets dropped their price target on Sunrun from $11.00 to $9.00 and set a "market perform" rating for the company in a research report on Monday, March 3rd. Roth Capital set a $20.00 price target on Sunrun in a research note on Friday, February 28th. Finally, BNP Paribas raised shares of Sunrun from a "neutral" rating to an "outperform" rating and set a $16.00 target price for the company in a research note on Tuesday, January 7th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $17.20.

Sunrun Company Profile

Sunrun Inc designs, develops, installs, sells, owns, and maintains residential solar energy systems in the United States. It also sells solar energy systems and products, such as panels and racking; and solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems; and sells services to commercial developers through multi-family and new homes.