Sunrun Inc. (NASDAQ:RUN) CRO Sells $18,694.00 in Stock

Sunrun Inc. (NASDAQ:RUNGet Rating) CRO Paul S. Dickson sold 650 shares of the company’s stock in a transaction on Wednesday, April 6th. The shares were sold at an average price of $28.76, for a total value of $18,694.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Shares of NASDAQ RUN opened at $26.79 on Monday. The company has a current ratio of 1.53, a quick ratio of 1.03 and a debt-to-equity ratio of 0.95. Sunrun Inc. has a 12 month low of $18.61 and a 12 month high of $60.60. The stock has a 50 day moving average of $27.43 and a 200-day moving average of $37.24. The company has a market capitalization of $5.58 billion, a P/E ratio of -66.97 and a beta of 2.10.

Sunrun (NASDAQ:RUNGet Rating) last issued its earnings results on Thursday, February 17th. The energy company reported ($0.19) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.29). Sunrun had a negative return on equity of 0.70% and a negative net margin of 4.93%. During the same period in the prior year, the company earned ($0.06) EPS. Analysts predict that Sunrun Inc. will post -0.42 EPS for the current fiscal year.

Several equities analysts have weighed in on RUN shares. Truist Financial cut their target price on Sunrun from $76.00 to $52.00 and set a “buy” rating on the stock in a research note on Monday, January 24th. Susquehanna Bancshares reaffirmed a “buy” rating and set a $44.00 price target on shares of Sunrun in a research report on Saturday, February 19th. Roth Capital reaffirmed a “buy” rating on shares of Sunrun in a research report on Tuesday, February 15th. Evercore ISI reiterated a “buy” rating and set a $75.00 price objective on shares of Sunrun in a report on Friday, February 18th. Finally, JPMorgan Chase & Co. decreased their price objective on Sunrun from $86.00 to $69.00 in a report on Thursday, January 20th. One research analyst has rated the stock with a hold rating and seventeen have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $62.31.

Several hedge funds and other institutional investors have recently modified their holdings of RUN. Amundi Pioneer Asset Management Inc. acquired a new stake in Sunrun during the 1st quarter worth approximately $732,000. OLD Mission Capital LLC acquired a new stake in Sunrun during the 3rd quarter worth approximately $858,000. Morgan Stanley lifted its holdings in Sunrun by 30.2% during the 2nd quarter. Morgan Stanley now owns 5,592,845 shares of the energy company’s stock worth $311,969,000 after purchasing an additional 1,298,761 shares during the last quarter. Private Advisor Group LLC lifted its holdings in Sunrun by 32.8% during the 3rd quarter. Private Advisor Group LLC now owns 10,490 shares of the energy company’s stock worth $462,000 after purchasing an additional 2,593 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in Sunrun by 1,017.3% during the 3rd quarter. Assenagon Asset Management S.A. now owns 48,445 shares of the energy company’s stock worth $2,132,000 after purchasing an additional 44,109 shares during the last quarter. Institutional investors own 98.02% of the company’s stock.

Sunrun Company Profile (Get Rating)

Sunrun Inc engages in the design, development, installation, sale, ownership, and maintenance of 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.

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