Sunnova Energy International Inc. (NYSE:NOVA) Shares Sold by Walleye Capital LLC

Walleye Capital LLC cut its holdings in shares of Sunnova Energy International Inc. (NYSE:NOVAGet Rating) by 51.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,203 shares of the company’s stock after selling 25,530 shares during the quarter. Walleye Capital LLC’s holdings in Sunnova Energy International were worth $446,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of NOVA. Summit Partners Public Asset Management LLC boosted its holdings in Sunnova Energy International by 8,193.0% in the 1st quarter. Summit Partners Public Asset Management LLC now owns 1,717,822 shares of the company’s stock valued at $39,613,000 after purchasing an additional 1,697,108 shares during the last quarter. Phoenix Holdings Ltd. acquired a new position in Sunnova Energy International in the 1st quarter valued at about $25,390,000. Handelsbanken Fonder AB boosted its holdings in Sunnova Energy International by 24.2% in the 1st quarter. Handelsbanken Fonder AB now owns 4,999,620 shares of the company’s stock valued at $115,291,000 after purchasing an additional 973,966 shares during the last quarter. CIBC Private Wealth Group LLC boosted its holdings in Sunnova Energy International by 130.8% in the 2nd quarter. CIBC Private Wealth Group LLC now owns 1,500,000 shares of the company’s stock valued at $27,645,000 after purchasing an additional 849,956 shares during the last quarter. Finally, Clearbridge Investments LLC acquired a new position in Sunnova Energy International in the 1st quarter valued at about $13,803,000.

Sunnova Energy International Stock Up 0.6 %

NOVA stock opened at $23.42 on Thursday. Sunnova Energy International Inc. has a one year low of $12.47 and a one year high of $42.46. The stock has a market capitalization of $2.69 billion, a PE ratio of -18.15 and a beta of 2.04. The company has a debt-to-equity ratio of 3.00, a quick ratio of 2.05 and a current ratio of 2.05. The company has a fifty day moving average of $21.68 and a 200-day moving average of $21.38.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on NOVA shares. Royal Bank of Canada decreased their target price on shares of Sunnova Energy International from $41.00 to $37.00 and set an “outperform” rating on the stock in a report on Friday, October 28th. Wells Fargo & Company upped their price objective on shares of Sunnova Energy International from $22.00 to $27.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 3rd. Barclays initiated coverage on shares of Sunnova Energy International in a report on Friday, August 5th. They issued an “overweight” rating and a $35.00 price objective on the stock. Susquehanna Bancshares initiated coverage on shares of Sunnova Energy International in a report on Monday, October 17th. They issued a “positive” rating and a $38.00 price objective on the stock. Finally, Wolfe Research lowered shares of Sunnova Energy International from an “outperform” rating to a “peer perform” rating in a report on Thursday, October 20th. Four equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Sunnova Energy International has an average rating of “Moderate Buy” and a consensus target price of $34.94.

Sunnova Energy International Company Profile

(Get Rating)

Sunnova Energy International Inc provides residential energy services in the United States. The company offers electricity, as well as offers operations and maintenance, monitoring, repairs and replacements, equipment upgrades, on-site power optimization, and diagnostics services. As of December 31, 2021, it operated a fleet of residential solar energy systems with a generation capacity of approximately 1,140 megawatts serving over 195,000 customers.

See Also

Institutional Ownership by Quarter for Sunnova Energy International (NYSE:NOVA)

Receive News & Ratings for Sunnova Energy International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sunnova Energy International and related companies with MarketBeat.com's FREE daily email newsletter.