Boost Run (NASDAQ:BRUN - Get Free Report) Director Sean Goodrich sold 198,200 shares of the company's stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $20.15, for a total transaction of $3,993,730.00. Following the completion of the sale, the director owned 4,937,921 shares in the company, valued at approximately $99,499,108.15. This trade represents a 3.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Boost Run Stock Down 17.3%
Shares of BRUN opened at $17.05 on Friday. The business has a 50 day moving average price of $24.48. Boost Run has a 52 week low of $15.58 and a 52 week high of $42.00.
Boost Run (NASDAQ:BRUN - Get Free Report) last released its quarterly earnings data on Friday, August 14th. The company reported ($0.24) EPS for the quarter. The business had revenue of $31.14 million for the quarter.
Analysts Set New Price Targets
BRUN has been the subject of a number of recent research reports. Wall Street Zen upgraded Boost Run from a "sell" rating to a "hold" rating in a research note on Saturday, August 22nd. Weiss Ratings began coverage on shares of Boost Run in a report on Tuesday, June 23rd. They set a "sell (d)" rating for the company. BTIG Research restated a "buy" rating and set a $45.00 price target on shares of Boost Run in a research report on Friday, August 14th. Craig Hallum restated a "buy" rating on shares of Boost Run in a research report on Wednesday, July 1st. Finally, DA Davidson increased their price objective on shares of Boost Run from $25.00 to $45.00 and gave the stock a "buy" rating in a report on Monday, June 1st. Three analysts have rated the stock with a Buy rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $45.00.
Read Our Latest Stock Analysis on Boost Run
Institutional Trading of Boost Run
Hedge funds have recently added to or reduced their stakes in the business. Fund 1 Investments LLC acquired a new position in Boost Run during the 2nd quarter worth $1,005,000. Greenland Capital Management LP acquired a new position in shares of Boost Run during the second quarter valued at $2,615,000. FirstWave Capital Management LLC bought a new stake in shares of Boost Run during the second quarter valued at about $3,440,000. Wellington Management Group LLP bought a new stake in shares of Boost Run during the second quarter valued at about $24,033,000. Finally, Harraden Circle Investments LLC bought a new stake in shares of Boost Run during the second quarter valued at about $28,390,000.
Boost Run is a technology company in the Internet Services & Infrastructure industry.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
