Sunrun Inc. (NASDAQ:RUN – Get Free Report) insider Jeanna Steele sold 901 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $11.97, for a total transaction of $10,784.97. Following the completion of the transaction, the insider owned 461,290 shares in the company, valued at approximately $5,521,641.30. This represents a 0.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Jeanna Steele also recently made the following trade(s):
- On Monday, March 2nd, Jeanna Steele sold 1,104 shares of Sunrun stock. The stock was sold at an average price of $12.34, for a total transaction of $13,623.36.
- On Tuesday, January 6th, Jeanna Steele sold 4,430 shares of Sunrun stock. The shares were sold at an average price of $17.80, for a total transaction of $78,854.00.
Sunrun Trading Up 7.2%
Sunrun stock opened at $12.15 on Wednesday. The company’s fifty day simple moving average is $18.00 and its 200-day simple moving average is $18.27. The company has a quick ratio of 1.27, a current ratio of 1.66 and a debt-to-equity ratio of 3.38. Sunrun Inc. has a 12 month low of $5.38 and a 12 month high of $22.44. The stock has a market cap of $2.85 billion, a P/E ratio of 7.11 and a beta of 2.43.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of RUN. Hsbc Holdings PLC boosted its holdings in Sunrun by 19.1% during the fourth quarter. Hsbc Holdings PLC now owns 86,497 shares of the energy company’s stock valued at $1,593,000 after acquiring an additional 13,860 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in shares of Sunrun in the fourth quarter worth about $27,000. Virtu Financial LLC bought a new position in shares of Sunrun in the fourth quarter worth about $1,046,000. Invesco Ltd. lifted its position in shares of Sunrun by 26.6% during the 4th quarter. Invesco Ltd. now owns 5,868,199 shares of the energy company’s stock worth $107,975,000 after purchasing an additional 1,231,628 shares during the last quarter. Finally, EP Wealth Advisors LLC acquired a new position in shares of Sunrun during the 4th quarter worth about $2,233,000. Institutional investors and hedge funds own 91.69% of the company’s stock.
Wall Street Analyst Weigh In
RUN has been the subject of a number of recent research reports. The Goldman Sachs Group raised their price target on Sunrun from $21.00 to $24.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. UBS Group lowered their price target on Sunrun from $26.00 to $23.00 and set a “buy” rating for the company in a research note on Tuesday. Morgan Stanley increased their price objective on Sunrun from $20.00 to $21.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 2nd. Freedom Capital lowered shares of Sunrun from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Finally, Loop Capital set a $12.00 target price on shares of Sunrun in a research note on Tuesday, March 3rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Sunrun presently has a consensus rating of “Moderate Buy” and an average price target of $19.69.
Get Our Latest Report on Sunrun
Trending Headlines about Sunrun
Here are the key news stories impacting Sunrun this week:
- Positive Sentiment: Recent results and analyst commentary support upside: Sunrun beat EPS and revenue expectations (reported $0.38 EPS vs. a ~($0.08) consensus and $1.16B revenue) and analysts have raised targets citing improving cash generation and asset‑monetization progress, which boosts bullish valuation arguments. How Sunrun (RUN) Narrative Is Shifting As Cash Generation Meets Valuation Doubts
- Neutral Sentiment: Market structure/context: very high institutional ownership (~91.7%) and elevated short‑interest reporting mean flows and positioning can amplify moves; these are volatility drivers rather than changes to fundamentals. Peering Into Sunrun Inc’s Recent Short Interest
- Negative Sentiment: Investor litigation announced — Pomerantz LLP is investigating claims on behalf of Sunrun investors, which raises legal risk and uncertainty until scope/outcome are clarified and can pressure sentiment. INVESTOR ALERT: Pomerantz Investigates Sunrun
- Negative Sentiment: Clustered insider selling on March 6 — CEO Mary Powell, CFO Danny Abajian, CRO Paul Dickson, director Lynn Jurich and insider Jeanna Steele all reported small sales. While sizes are small vs. holdings, grouped sales by senior execs can sap sentiment and invite headlines; review the SEC Form 4 filings for details. Insider trades summary Mary Powell Form 4
- Negative Sentiment: Analyst/media scrutiny on cash burn and funding: Sunrun was named in an article about “cash‑burning” companies that could face dilution or funding pressure if margins and free cash flow don’t improve — a reminder investors are watching the path to sustainable free cash flow. 3 Cash-Burning Stocks That Fall Short
Sunrun Company Profile
Sunrun, Inc (NASDAQ: RUN) is a leading provider of residential solar energy systems in the United States. The company designs, installs and maintains rooftop solar panels and battery storage solutions for homeowners under flexible financing arrangements. Customers can choose from leasing, power purchase agreements or solar ownership models, all of which are supported by Sunrun’s network of installation partners and service technicians. Sunrun also offers integrated home energy management services, including its Brightbox battery storage product, which enables customers to store solar energy for use during peak hours or power outages.
Founded in 2007 by Lynn Jurich, Ed Fenster and Nat Kreamer, Sunrun is headquartered in San Francisco, California.
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