Sunrun Inc. (NASDAQ:RUN - Get Free Report) insider Jeanna Steele sold 10,176 shares of Sunrun stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of $12.07, for a total transaction of $122,824.32. Following the completion of the transaction, the insider now owns 228,743 shares in the company, valued at approximately $2,760,928.01. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Jeanna Steele also recently made the following trade(s):
- On Monday, March 18th, Jeanna Steele sold 805 shares of Sunrun stock. The stock was sold at an average price of $10.02, for a total transaction of $8,066.10.
- On Wednesday, March 6th, Jeanna Steele sold 8,187 shares of Sunrun stock. The stock was sold at an average price of $12.11, for a total transaction of $99,144.57.
- On Thursday, February 29th, Jeanna Steele sold 1,110 shares of Sunrun stock. The stock was sold at an average price of $12.12, for a total transaction of $13,453.20.
Sunrun Price Performance
NASDAQ:RUN opened at $12.29 on Thursday. The firm has a market cap of $2.70 billion, a PE ratio of -1.66 and a beta of 2.46. Sunrun Inc. has a 12 month low of $8.43 and a 12 month high of $23.85. The company has a quick ratio of 0.96, a current ratio of 1.26 and a debt-to-equity ratio of 1.68. The company's 50-day moving average price is $12.93 and its two-hundred day moving average price is $13.24.
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Sunrun (NASDAQ:RUN - Get Free Report) last announced its earnings results on Wednesday, February 21st. The energy company reported ($1.33) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.13) by ($1.20). Sunrun had a negative return on equity of 5.58% and a negative net margin of 71.00%. The company had revenue of $516.59 million for the quarter, compared to analyst estimates of $499.74 million. On average, equities analysts anticipate that Sunrun Inc. will post -1.58 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on RUN shares. The Goldman Sachs Group raised their price objective on shares of Sunrun from $20.00 to $21.00 and gave the stock a "buy" rating in a research note on Thursday, February 22nd. Piper Sandler decreased their target price on shares of Sunrun from $31.00 to $27.00 and set an "overweight" rating for the company in a research note on Thursday, February 22nd. Truist Financial reissued a "hold" rating and set a $14.00 target price (down previously from $15.00) on shares of Sunrun in a research note on Monday, February 26th. KeyCorp reissued a "sector weight" rating on shares of Sunrun in a research note on Thursday, January 4th. Finally, Janney Montgomery Scott lowered shares of Sunrun from a "buy" rating to a "neutral" rating in a research note on Tuesday, February 27th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and fourteen have assigned a buy rating to the company's stock. According to data from MarketBeat, Sunrun presently has a consensus rating of "Moderate Buy" and a consensus price target of $22.05.
Check Out Our Latest Report on Sunrun
Hedge Funds Weigh In On Sunrun
Large investors have recently modified their holdings of the stock. Diversified Trust Co bought a new stake in shares of Sunrun during the fourth quarter worth approximately $221,000. Barclays PLC raised its stake in shares of Sunrun by 207.4% during the second quarter. Barclays PLC now owns 1,037,529 shares of the energy company's stock worth $18,531,000 after buying an additional 699,992 shares during the last quarter. Zweig DiMenna Associates LLC raised its stake in shares of Sunrun by 64.8% during the third quarter. Zweig DiMenna Associates LLC now owns 206,913 shares of the energy company's stock worth $2,599,000 after buying an additional 81,363 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Sunrun by 0.7% during the third quarter. Vanguard Group Inc. now owns 19,405,097 shares of the energy company's stock worth $243,728,000 after buying an additional 126,321 shares during the last quarter. Finally, Deutsche Bank AG raised its stake in shares of Sunrun by 112.9% during the third quarter. Deutsche Bank AG now owns 2,226,821 shares of the energy company's stock worth $27,969,000 after buying an additional 1,180,823 shares during the last quarter. 91.69% of the stock is currently owned by institutional investors and hedge funds.
Sunrun Company Profile
(
Get Free Report)
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.
Further Reading
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