Dynamic Technology Lab Private Ltd Has $2.58 Million Stock Holdings in Sunrun Inc. (NASDAQ:RUN)

Dynamic Technology Lab Private Ltd boosted its position in Sunrun Inc. (NASDAQ:RUN - Free Report) by 89.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 142,880 shares of the energy company's stock after purchasing an additional 67,411 shares during the period. Dynamic Technology Lab Private Ltd owned approximately 0.06% of Sunrun worth $2,581,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Sylebra Capital LLC bought a new stake in Sunrun in the second quarter worth $35,387,000. Vanguard Group Inc. grew its stake in shares of Sunrun by 14.0% in the first quarter. Vanguard Group Inc. now owns 22,325,106 shares of the energy company's stock worth $294,245,000 after acquiring an additional 2,743,148 shares during the last quarter. Greenvale Capital LLP grew its stake in shares of Sunrun by 20.5% in the second quarter. Greenvale Capital LLP now owns 11,750,000 shares of the energy company's stock worth $139,355,000 after acquiring an additional 2,000,000 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its stake in shares of Sunrun by 113.5% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 2,515,302 shares of the energy company's stock worth $45,426,000 after acquiring an additional 1,337,302 shares during the last quarter. Finally, Senator Investment Group LP acquired a new stake in shares of Sunrun in the second quarter worth $11,860,000. Institutional investors and hedge funds own 91.69% of the company's stock.

Insider Buying and Selling at Sunrun

In other news, CEO Mary Powell sold 2,148 shares of the company's stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $18.79, for a total value of $40,360.92. Following the transaction, the chief executive officer now owns 579,193 shares of the company's stock, valued at approximately $10,883,036.47. This represents a 0.37 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lynn Michelle Jurich sold 50,000 shares of Sunrun stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $20.20, for a total value of $1,010,000.00. Following the sale, the director now directly owns 1,192,446 shares of the company's stock, valued at approximately $24,087,409.20. The trade was a 4.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 196,795 shares of company stock worth $3,071,225 over the last 90 days. Company insiders own 3.77% of the company's stock.

Sunrun Stock Up 10.4 %

Shares of NASDAQ RUN traded up $1.09 during mid-day trading on Monday, hitting $11.60. The company had a trading volume of 8,469,522 shares, compared to its average volume of 11,966,627. The company has a market capitalization of $2.60 billion, a PE ratio of -6.22 and a beta of 2.61. The firm has a 50-day simple moving average of $14.88 and a two-hundred day simple moving average of $15.41. The company has a current ratio of 1.47, a quick ratio of 1.15 and a debt-to-equity ratio of 1.92. Sunrun Inc. has a one year low of $9.23 and a one year high of $22.26.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on RUN. Roth Mkm lowered their price objective on shares of Sunrun from $35.00 to $30.00 and set a "buy" rating on the stock in a research note on Friday, November 8th. UBS Group upped their target price on shares of Sunrun from $14.00 to $18.00 and gave the company a "neutral" rating in a research note on Wednesday, August 7th. Oppenheimer cut their price target on shares of Sunrun from $22.00 to $20.00 and set an "outperform" rating for the company in a research note on Friday, November 8th. Evercore ISI lowered their price objective on Sunrun from $42.00 to $38.00 and set an "outperform" rating on the stock in a research note on Wednesday, August 7th. Finally, The Goldman Sachs Group restated a "buy" rating and set a $20.00 target price on shares of Sunrun in a research report on Wednesday, September 25th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and eleven have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $19.49.

About Sunrun

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.