Sunrun Inc. (NASDAQ:RUN - Get Free Report) Director Lynn Michelle Jurich sold 50,000 shares of the business's stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $9.94, for a total value of $497,000.00. Following the completion of the sale, the director now directly owns 1,092,446 shares of the company's stock, valued at $10,858,913.24. This represents a 4.38 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Lynn Michelle Jurich also recently made the following trade(s):
- On Friday, October 18th, Lynn Michelle Jurich sold 50,000 shares of Sunrun stock. The stock was sold at an average price of $14.60, for a total value of $730,000.00.
- On Thursday, September 19th, Lynn Michelle Jurich sold 50,000 shares of Sunrun stock. The stock was sold at an average price of $20.20, for a total value of $1,010,000.00.
- On Friday, September 6th, Lynn Michelle Jurich sold 1,937 shares of Sunrun stock. The stock was sold at an average price of $18.23, for a total value of $35,311.51.
Sunrun Stock Down 3.0 %
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NASDAQ RUN opened at $9.71 on Wednesday. The firm has a market cap of $2.18 billion, a PE ratio of -5.34 and a beta of 2.61. Sunrun Inc. has a one year low of $9.23 and a one year high of $22.26. The stock's 50 day simple moving average is $15.40 and its 200 day simple moving average is $15.45. The company has a debt-to-equity ratio of 1.92, a current ratio of 1.47 and a quick ratio of 1.15.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on the company. JPMorgan Chase & Co. lifted their price objective on Sunrun from $19.00 to $22.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 7th. UBS Group lifted their price objective on Sunrun from $14.00 to $18.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 7th. Wells Fargo & Company cut their price target on Sunrun from $20.00 to $15.00 and set an "overweight" rating for the company in a report on Friday, November 8th. StockNews.com raised Sunrun to a "sell" rating in a report on Friday, September 27th. Finally, Morgan Stanley cut their price target on Sunrun from $35.00 to $27.00 and set an "overweight" rating for the company in a report on Friday, November 15th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $20.12.
View Our Latest Analysis on Sunrun
Institutional Investors Weigh In On Sunrun
Large investors have recently bought and sold shares of the business. TCW Group Inc. bought a new position in Sunrun in the 3rd quarter valued at $218,000. Geode Capital Management LLC boosted its position in Sunrun by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 5,315,667 shares of the energy company's stock valued at $96,019,000 after buying an additional 30,549 shares during the last quarter. MML Investors Services LLC boosted its position in Sunrun by 9.3% in the 3rd quarter. MML Investors Services LLC now owns 43,313 shares of the energy company's stock valued at $782,000 after buying an additional 3,689 shares during the last quarter. XTX Topco Ltd bought a new position in Sunrun in the 3rd quarter valued at $618,000. Finally, Zacks Investment Management bought a new position in Sunrun in the 3rd quarter valued at $538,000. 91.69% of the stock is currently owned by institutional investors.
About Sunrun
(
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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.
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