Sunrun Inc. (NASDAQ:RUN - Get Free Report) CEO Mary Powell sold 31,197 shares of the business's stock in a transaction dated Monday, April 7th. The stock was sold at an average price of $6.74, for a total value of $210,267.78. Following the transaction, the chief executive officer now directly owns 534,615 shares of the company's stock, valued at $3,603,305.10. This represents a 5.51 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Mary Powell also recently made the following trade(s):
- On Thursday, March 6th, Mary Powell sold 2,046 shares of Sunrun stock. The shares were sold at an average price of $6.65, for a total value of $13,605.90.
Sunrun Stock Up 4.3 %
Shares of NASDAQ:RUN traded up $0.26 during trading on Friday, hitting $6.29. The stock had a trading volume of 8,182,374 shares, compared to its average volume of 10,763,659. The company has a market capitalization of $1.42 billion, a PE ratio of -3.46 and a beta of 2.74. The firm's fifty day moving average is $7.17 and its 200 day moving average is $10.18. Sunrun Inc. has a 12 month low of $5.45 and a 12 month high of $22.26. The company has a quick ratio of 1.15, a current ratio of 1.47 and a debt-to-equity ratio of 1.92.
Analyst Upgrades and Downgrades
RUN has been the topic of a number of analyst reports. TD Cowen lowered their price target on Sunrun from $18.00 to $14.00 and set a "buy" rating on the stock in a research report on Friday, February 28th. UBS Group dropped their price objective on Sunrun from $17.00 to $15.00 and set a "buy" rating on the stock in a research note on Tuesday, March 4th. Truist Financial reiterated a "hold" rating and issued a $9.00 price objective (down from $12.00) on shares of Sunrun in a report on Monday, March 3rd. Wells Fargo & Company dropped their target price on shares of Sunrun from $15.00 to $12.00 and set an "overweight" rating on the stock in a report on Wednesday, January 8th. Finally, Barclays decreased their target price on Sunrun from $18.00 to $15.00 and set an "equal weight" rating on the stock in a research report on Tuesday, January 28th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $17.20.
Get Our Latest Stock Report on RUN
Institutional Trading of Sunrun
Hedge funds have recently modified their holdings of the business. CIBC Asset Management Inc boosted its stake in Sunrun by 5.8% during the fourth quarter. CIBC Asset Management Inc now owns 24,774 shares of the energy company's stock worth $229,000 after acquiring an additional 1,360 shares in the last quarter. Guggenheim Capital LLC boosted its holdings in Sunrun by 6.8% in the fourth quarter. Guggenheim Capital LLC now owns 27,321 shares of the energy company's stock worth $253,000 after acquiring an additional 1,749 shares in the last quarter. Xponance Inc. grew its position in Sunrun by 13.2% during the 4th quarter. Xponance Inc. now owns 16,265 shares of the energy company's stock valued at $150,000 after purchasing an additional 1,895 shares during the last quarter. 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 valued at $32,000 after acquiring an additional 2,000 shares in the last quarter. Finally, Scotia Capital Inc. raised its stake in shares of Sunrun by 17.7% in the fourth quarter. Scotia Capital Inc. now owns 14,377 shares of the energy company's stock worth $133,000 after purchasing an additional 2,157 shares during the last quarter. Institutional investors own 91.69% of the company's stock.
About Sunrun
(
Get Free Report)
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.
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