Sunrun Inc. (NASDAQ:RUN - Get Free Report) Director Lynn Michelle Jurich sold 50,000 shares of Sunrun stock in a transaction dated Thursday, December 19th. The shares were sold at an average price of $9.42, for a total transaction of $471,000.00. Following the sale, the director now owns 1,041,753 shares in the company, valued at approximately $9,813,313.26. This trade represents a 4.58 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Lynn Michelle Jurich also recently made the following trade(s):
- On Tuesday, November 19th, Lynn Michelle Jurich sold 50,000 shares of Sunrun stock. The shares were sold at an average price of $9.94, for a total value of $497,000.00.
- On Friday, October 18th, Lynn Michelle Jurich sold 50,000 shares of Sunrun stock. The shares were sold at an average price of $14.60, for a total value of $730,000.00.
Sunrun Trading Down 0.2 %
Sunrun stock opened at $9.13 on Friday. The company has a market cap of $2.05 billion, a price-to-earnings ratio of -5.02 and a beta of 2.54. The firm has a 50-day moving average of $12.09 and a 200-day moving average of $15.12. The company has a debt-to-equity ratio of 1.92, a current ratio of 1.47 and a quick ratio of 1.15. Sunrun Inc. has a one year low of $9.08 and a one year high of $22.26.
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Several equities research analysts have recently weighed in on the stock. BNP Paribas lowered shares of Sunrun from an "outperform" rating to a "neutral" rating and set a $14.00 target price on the stock. in a report on Friday, November 8th. StockNews.com upgraded shares of Sunrun to a "sell" rating in a research note on Friday. Morgan Stanley decreased their price target on Sunrun from $35.00 to $27.00 and set an "overweight" rating on the stock in a research report on Friday, November 15th. Guggenheim lowered Sunrun from a "buy" rating to a "neutral" rating in a research note on Thursday, November 7th. Finally, Susquehanna lowered their target price on Sunrun from $24.00 to $23.00 and set a "positive" rating for the company in a research note on Wednesday, October 16th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $19.21.
Check Out Our Latest Analysis on RUN
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the stock. International Assets Investment Management LLC grew its stake in shares of Sunrun by 1,706.3% in the third quarter. International Assets Investment Management LLC now owns 1,734 shares of the energy company's stock valued at $31,000 after buying an additional 1,638 shares in the last quarter. Blue Trust Inc. increased its stake in shares of Sunrun by 385.5% during the 3rd quarter. Blue Trust Inc. now owns 1,845 shares of the energy company's stock worth $33,000 after purchasing an additional 1,465 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Sunrun in the 3rd quarter valued at about $44,000. Duncker Streett & Co. Inc. acquired a new stake in Sunrun in the 2nd quarter valued at about $36,000. Finally, CWM LLC grew its holdings in Sunrun by 883.9% during the second quarter. CWM LLC now owns 3,355 shares of the energy company's stock worth $40,000 after purchasing an additional 3,014 shares during the period. 91.69% of the stock is currently owned by institutional investors.
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.
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