Key Points
- Sunrun director Lynn Michelle Jurich sold 50,000 shares on April 1 at an average price of $14.07 for $703,500 under a pre‑arranged Rule 10b5‑1 plan, trimming her stake by 8.22% to 557,947 shares; she has also executed multiple recent sales in February and March.
- Sunrun recently beat estimates (Q reported $0.38 EPS vs. -$0.08 expected and $1.16B revenue, +123.5% YoY), but analysts remain mixed with a consensus "Hold" and $19.58 target amid a market cap of ~$3.17B and a 52‑week range of $5.38–$22.44.
Sunrun Inc. (NASDAQ:RUN - Get Free Report) Director Lynn Michelle Jurich sold 50,000 shares of Sunrun stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $14.07, for a total value of $703,500.00. Following the completion of the sale, the director directly owned 557,947 shares in the company, valued at approximately $7,850,314.29. The trade was a 8.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Lynn Michelle Jurich also recently made the following trade(s):
- On Friday, March 6th, Lynn Michelle Jurich sold 450 shares of Sunrun stock. The shares were sold at an average price of $11.99, for a total transaction of $5,395.50.
- On Monday, March 2nd, Lynn Michelle Jurich sold 55,507 shares of Sunrun stock. The stock was sold at an average price of $12.68, for a total transaction of $703,828.76.
- On Monday, February 2nd, Lynn Michelle Jurich sold 50,000 shares of Sunrun stock. The shares were sold at an average price of $18.59, for a total transaction of $929,500.00.
Sunrun Price Performance
RUN stock opened at $13.50 on Friday. Sunrun Inc. has a 52 week low of $5.38 and a 52 week high of $22.44. The firm has a market capitalization of $3.17 billion, a P/E ratio of 7.89 and a beta of 2.37. The company has a fifty day simple moving average of $16.01 and a two-hundred day simple moving average of $17.80. 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 (NASDAQ:RUN - Get Free Report) last posted its earnings results on Thursday, February 26th. The energy company reported $0.38 earnings per share for the quarter, topping analysts' consensus estimates of ($0.08) by $0.46. The firm had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $610.29 million. Sunrun had a net margin of 15.22% and a return on equity of 11.72%. The business's quarterly revenue was up 123.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.41 EPS. Analysts anticipate that Sunrun Inc. will post -0.43 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on RUN. Freedom Capital downgraded Sunrun from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 3rd. Zacks Research cut Sunrun from a "strong-buy" rating to a "hold" rating in a report on Friday, March 27th. Loop Capital set a $12.00 target price on Sunrun in a research report on Tuesday, March 3rd. Glj Research lowered their price target on Sunrun from $6.73 to $4.63 and set a "sell" rating for the company in a research report on Thursday, March 26th. Finally, Weiss Ratings raised shares of Sunrun from a "sell (d-)" rating to a "hold (c-)" rating in a research note on Monday, March 2nd. Twelve investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $19.58.
Get Our Latest Stock Report on Sunrun
Institutional Investors Weigh In On Sunrun
A number of institutional investors and hedge funds have recently added to or reduced their stakes in RUN. U S Wealth Group LLC. grew its stake in Sunrun by 23.6% in the 4th quarter. U S Wealth Group LLC. now owns 63,736 shares of the energy company's stock worth $1,173,000 after acquiring an additional 12,157 shares in the last quarter. Hsbc Holdings PLC boosted its holdings in shares of Sunrun by 19.1% in the fourth quarter. Hsbc Holdings PLC now owns 86,497 shares of the energy company's stock valued at $1,593,000 after purchasing an additional 13,860 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in Sunrun in the fourth quarter worth approximately $27,000. Virtu Financial LLC purchased a new position in Sunrun during the 4th quarter worth $1,046,000. Finally, Invesco Ltd. increased 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 purchasing an additional 1,231,628 shares during the period. Institutional investors own 91.69% of the company's stock.
About Sunrun
(
Get Free Report)
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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