Danny Abajian Sells 132,953 Shares of Sunrun (NASDAQ:RUN) Stock

Sunrun Inc. (NASDAQ:RUN) CFO Danny Abajian sold 132,953 shares of the stock in a transaction on Monday, April 6th. The shares were sold at an average price of $13.25, for a total value of $1,761,627.25. Following the completion of the sale, the chief financial officer owned 432,157 shares of the company’s stock, valued at $5,726,080.25. The trade was a 23.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Danny Abajian also recently made the following trade(s):

• On Friday, March 6th, Danny Abajian sold 1,412 shares of Sunrun stock. The shares were sold at an average price of $11.98, for a total value of $16,915.76.
• On Monday, March 2nd, Danny Abajian sold 4,193 shares of Sunrun stock. The shares were sold at an average price of $12.33, for a total value of $51,699.69.

Sunrun Stock Performance

NASDAQ RUN opened at $13.33 on Friday. The company has a quick ratio of 1.27, a current ratio of 1.66 and a debt-to-equity ratio of 3.38. The company has a market capitalization of $3.13 billion, a price-to-earnings ratio of 7.80 and a beta of 2.37. The stock has a fifty day simple moving average of $15.45 and a 200 day simple moving average of $17.72. Sunrun Inc. has a twelve month low of $5.38 and a twelve month high of $22.44.

Sunrun (NASDAQ:RUN) last issued its quarterly earnings results on Thursday, February 26th. The energy company reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.46. The business had revenue of $1.16 billion for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.41 earnings per share. Sell-side analysts expect that Sunrun Inc. will post -0.43 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Susquehanna cut their price target on shares of Sunrun from $24.00 to $19.00 and set a “positive” rating on the stock in a research report on Thursday. Mizuho cut their price target on shares of Sunrun from $25.00 to $22.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. Oppenheimer upped their price target on shares of Sunrun from $23.00 to $25.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. UBS Group cut their price target on shares of Sunrun from $26.00 to $23.00 and set a “buy” rating on the stock in a research report on Tuesday, March 10th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Sunrun in a research report on Wednesday, December 17th. Twelve investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Sunrun presently has an average rating of “Hold” and an average target price of $18.88.

Key Stories Impacting Sunrun

Here are the key news stories impacting Sunrun this week:

• Positive Sentiment: Sunrun reported a major quarter: revenue grew ~124% YoY and the company added 27,773 customers (now ~1.17M), with management pushing a “storage‑first” narrative and a large distributed power‑plant strategy — this is a clear fundamental positive for growth and margin prospects. Will Sunrun’s (RUN) Big Revenue Beat…
• Positive Sentiment: Investor Technical: IBD raised Sunrun’s Relative Strength (RS) score to 79, which can attract momentum traders and funds that screen on RS. Sunrun sees IBD RS rating improve to 79
• Neutral Sentiment: Near‑term catalyst set: Sunrun scheduled its Q1 2026 earnings release and conference call for after the close on May 6, 2026 — this creates a defined event date that could amplify volatility. Sunrun Announces Date for First Quarter 2026 Earnings Report
• Neutral Sentiment: Media and peer context pieces are re‑examining Sunrun’s Q4 vs. other renewable names — useful for framing but not an immediate driver. Unpacking Q4 Earnings: Sunrun…
• Negative Sentiment: Analyst targets trimmed: Jefferies pulled its price target to $15 (hold) and Deutsche Bank cut its target to $16 (hold); Susquehanna reduced its target to $19 but kept a positive rating — the net effect is reduced street upside and weaker sentiment. Jefferies lowers price target on Sunrun Deutsche Bank adjusts Sunrun price target Susquehanna lowers Sunrun price target
• Negative Sentiment: Large insider sales disclosed (CEO, CFO, CRO and other senior execs sold blocks around ~$13.25 to cover tax withholding on vested awards). Even if described as routine, concurrent senior‑level selling can amplify negative sentiment and headline risk ahead of the May earnings print. Example filing (CEO): Form 4 — Mary Powell sale

Hedge Funds Weigh In On Sunrun

A number of institutional investors and hedge funds have recently made changes to their positions in RUN. Royal Bank of Canada boosted its position in shares of Sunrun by 5.1% during the 1st quarter. Royal Bank of Canada now owns 626,536 shares of the energy company’s stock worth $3,672,000 after purchasing an additional 30,175 shares in the last quarter. Integrated Wealth Concepts LLC boosted its position in shares of Sunrun by 47.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 32,767 shares of the energy company’s stock worth $192,000 after purchasing an additional 10,598 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Sunrun by 2.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 238,360 shares of the energy company’s stock worth $1,397,000 after purchasing an additional 5,882 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of Sunrun by 511.0% during the 1st quarter. Jones Financial Companies Lllp now owns 27,026 shares of the energy company’s stock worth $158,000 after purchasing an additional 22,603 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in shares of Sunrun by 45.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,306,808 shares of the energy company’s stock worth $13,518,000 after purchasing an additional 718,955 shares in the last quarter. Institutional investors own 91.69% of the company’s stock.

About Sunrun

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.