Jeanna Steele Sells 9,897 Shares of Sunrun (NASDAQ:RUN) Stock

Sunrun Inc. (NASDAQ:RUN) insider Jeanna Steele sold 9,897 shares of the stock in a transaction on Monday, July 6th. The shares were sold at an average price of $13.19, for a total transaction of $130,541.43. Following the completion of the transaction, the insider owned 461,715 shares of the company’s stock, valued at approximately $6,090,020.85. This represents a 2.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sunrun Price Performance

NASDAQ:RUN opened at $12.01 on Thursday. The company has a debt-to-equity ratio of 3.44, a quick ratio of 1.09 and a current ratio of 1.45. The company has a 50-day moving average of $13.66 and a 200-day moving average of $15.32. Sunrun Inc. has a 52 week low of $9.01 and a 52 week high of $22.44. The company has a market capitalization of $2.86 billion, a price-to-earnings ratio of 5.64 and a beta of 2.32.

Sunrun (NASDAQ:RUN) last posted its earnings results on Wednesday, May 6th. The energy company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.67. Sunrun had a net margin of 17.88% and a return on equity of 14.06%. The business had revenue of $722.23 million for the quarter, compared to analysts’ expectations of $688.50 million. During the same quarter in the previous year, the firm posted $0.20 earnings per share. The firm’s revenue for the quarter was up 43.2% on a year-over-year basis. As a group, equities research analysts anticipate that Sunrun Inc. will post 1.09 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Sunrun

Hedge funds and other institutional investors have recently bought and sold shares of the business. Contour Asset Management LLC bought a new stake in shares of Sunrun during the fourth quarter worth $98,010,000. Norges Bank bought a new position in shares of Sunrun in the fourth quarter valued at about $62,169,000. Voloridge Investment Management LLC acquired a new position in Sunrun during the 3rd quarter worth about $40,193,000. Arrowstreet Capital Limited Partnership acquired a new position in Sunrun during the 3rd quarter worth about $21,427,000. Finally, Invesco Ltd. grew its holdings in 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 acquiring an additional 1,231,628 shares during the last quarter. 91.69% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Sunrun

Here are the key news stories impacting Sunrun this week:

• Positive Sentiment: Sunrun launched a pilot program to convert part of its 1.1 million-customer home energy network into a distributed AI compute platform, creating a potential new business line tied to AI demand. Sunrun Launches Distributed AI Data Center Pilot Backed By Existing Home Energy Generation
• Positive Sentiment: The company’s AI initiative is being framed as a high-margin opportunity that could leverage its installed solar, battery, and grid-service infrastructure without requiring a traditional data center buildout. Sunrun Launches Distributed AI Data Center Pilot Backed By Existing Home Energy Generation
• Neutral Sentiment: Analysts and media are highlighting the concept of using customer homes as “inference nodes,” which could attract investor attention but remains an early-stage pilot rather than a proven earnings driver. Sunrun Wants to Turn a Million Homes Into an AI Data Center
• Neutral Sentiment: Several insiders, including the CEO and CFO, sold shares, but the filings indicate the sales were made to cover tax withholding obligations tied to vesting equity awards, limiting the negative signal for investors. Maria Barak Sells 1,747 Shares of Sunrun (NASDAQ:RUN) Stock
• Neutral Sentiment: A Barron’s article also discussed the broader idea that residential solar systems could help power AI data centers, adding to the market’s enthusiasm around Sunrun’s new pilot. Your Solar Panels Could Be Used to Power AI Data Centers

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on RUN. Citigroup dropped their target price on Sunrun from $26.00 to $20.00 and set a “buy” rating for the company in a report on Tuesday, April 21st. Susquehanna lowered their price target on Sunrun from $24.00 to $19.00 and set a “positive” rating on the stock in a research report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $17.00 price objective on shares of Sunrun in a research note on Friday, May 8th. JPMorgan Chase & Co. cut their price objective on Sunrun from $25.00 to $22.00 and set an “overweight” rating for the company in a report on Thursday, April 16th. Finally, Jefferies Financial Group reduced their target price on shares of Sunrun from $22.00 to $15.00 and set a “hold” rating on the stock in a research note on Tuesday, April 7th. Eleven investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $18.87.

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.