Vontobel Holding Ltd. Has $941,000 Stock Position in Sunrun Inc. (NASDAQ:RUN)

Vontobel Holding Ltd. lowered its holdings in Sunrun Inc. (NASDAQ:RUN - Free Report) by 48.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 101,748 shares of the energy company's stock after selling 96,517 shares during the period. Vontobel Holding Ltd.'s holdings in Sunrun were worth $941,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Creative Planning raised its stake in Sunrun by 0.3% in the third quarter. Creative Planning now owns 290,259 shares of the energy company's stock valued at $5,242,000 after buying an additional 784 shares during the period. Van ECK Associates Corp raised its holdings in Sunrun by 1.8% in the 3rd quarter. Van ECK Associates Corp now owns 50,105 shares of the energy company's stock valued at $905,000 after acquiring an additional 886 shares during the period. Blue Trust Inc. lifted its position in Sunrun by 385.5% during the third quarter. Blue Trust Inc. now owns 1,845 shares of the energy company's stock worth $33,000 after acquiring an additional 1,465 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in shares of Sunrun by 1,706.3% during the third quarter. International Assets Investment Management LLC now owns 1,734 shares of the energy company's stock worth $31,000 after acquiring an additional 1,638 shares during the period. Finally, Drive Wealth Management LLC grew its position in shares of Sunrun by 4.5% in the third quarter. Drive Wealth Management LLC now owns 43,327 shares of the energy company's stock valued at $782,000 after purchasing an additional 1,884 shares during the last quarter. Institutional investors own 91.69% of the company's stock.

Insider Transactions at Sunrun

In other news, CEO Mary Powell sold 4,350 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $11.18, for a total value of $48,633.00. Following the completion of the transaction, the chief executive officer now directly owns 560,321 shares in the company, valued at approximately $6,264,388.78. This represents a 0.77 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Lynn Michelle Jurich sold 50,000 shares of the firm's stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $9.10, for a total value of $455,000.00. Following the sale, the director now directly owns 941,753 shares in the company, valued at approximately $8,569,952.30. This trade represents a 5.04 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 164,830 shares of company stock valued at $1,572,147. 3.77% of the stock is currently owned by insiders.

Sunrun Price Performance

NASDAQ:RUN traded down $0.12 during trading hours on Friday, hitting $8.42. The company's stock had a trading volume of 6,192,385 shares, compared to its average volume of 9,936,464. Sunrun Inc. has a twelve month low of $7.87 and a twelve month high of $22.26. 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 stock has a fifty day simple moving average of $9.47 and a 200-day simple moving average of $13.51. The company has a market capitalization of $1.89 billion, a P/E ratio of -4.63 and a beta of 2.59.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Morgan Stanley dropped their price target on Sunrun from $35.00 to $27.00 and set an "overweight" rating for the company in a report on Friday, November 15th. BNP Paribas raised Sunrun from a "neutral" rating to an "outperform" rating and set a $16.00 target price for the company in a report on Tuesday, January 7th. The Goldman Sachs Group decreased their price target on shares of Sunrun from $19.00 to $17.00 and set a "buy" rating on the stock in a research note on Tuesday, December 17th. TD Cowen initiated coverage on shares of Sunrun in a research report on Thursday, December 19th. They set a "buy" rating and a $21.00 price target on the stock. Finally, Roth Mkm cut their price objective on shares of Sunrun from $35.00 to $30.00 and set a "buy" rating for the company in a report on Friday, November 8th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and fourteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $18.36.

Sunrun 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.