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

Key Points

• Sunrun CFO Danny Abajian sold 132,953 shares on April 6 at an average price of $13.25 for about $1.76M to cover tax withholding on vested awards, cutting his holding by 23.53% to 432,157 shares (~$5.73M).
• Company fundamentals: Sunrun beat Q4 expectations with EPS of $0.38 and revenue of $1.16 billion (up 123.5% YoY), but analyst sentiment is mixed with a consensus "Hold" and a $19.23 target while some firms have cut price targets.

Sunrun Inc. (NASDAQ:RUN - Get Free Report) CFO Danny Abajian sold 132,953 shares of the firm's stock in a transaction that occurred on Monday, April 6th. The stock was 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 directly owned 432,157 shares in the company, valued at approximately $5,726,080.25. This trade represents a 23.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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 stock was 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 stock was sold at an average price of $12.33, for a total value of $51,699.69.

Sunrun Stock Performance

Shares of NASDAQ RUN traded up $0.65 during mid-day trading on Wednesday, hitting $13.87. The company had a trading volume of 7,702,004 shares, compared to its average volume of 9,559,720. The stock has a market cap of $3.25 billion, a price-to-earnings ratio of 8.11 and a beta of 2.37. Sunrun Inc. has a 12 month low of $5.38 and a 12 month high of $22.44. The company has a debt-to-equity ratio of 3.38, a current ratio of 1.66 and a quick ratio of 1.27. The firm's 50 day simple moving average is $15.73 and its two-hundred day simple moving average is $17.78.

Sunrun (NASDAQ:RUN - Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The energy company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.08) by $0.46. The business had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $610.29 million. Sunrun had a return on equity of 11.72% and a net margin of 15.22%.The business's revenue was up 123.5% on a year-over-year basis. During the same quarter last year, the business posted $1.41 EPS. As a group, equities research analysts forecast that Sunrun Inc. will post -0.43 earnings per share for the current year.

Institutional Trading of Sunrun

Several hedge funds have recently added to or reduced their stakes in RUN. Contour Asset Management LLC bought a new stake in Sunrun during the 4th quarter valued at $98,010,000. Maple Rock Capital Partners Inc. increased its position in shares of Sunrun by 95.6% during the 2nd quarter. Maple Rock Capital Partners Inc. now owns 8,132,648 shares of the energy company's stock valued at $66,525,000 after purchasing an additional 3,974,464 shares during the period. Norges Bank acquired a new position in shares of Sunrun during the 4th quarter valued at $62,169,000. Voloridge Investment Management LLC acquired a new position in shares of Sunrun during the 3rd quarter valued at $40,193,000. Finally, Robeco Schweiz AG acquired a new position in shares of Sunrun during the 3rd quarter valued at $36,969,000. Institutional investors own 91.69% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Sunrun in a research note on Wednesday, December 17th. Loop Capital set a $12.00 target price on Sunrun in a research note on Tuesday, March 3rd. Raymond James Financial assumed coverage on Sunrun in a research note on Monday, January 12th. They set a "market perform" rating on the stock. Freedom Capital downgraded Sunrun from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, March 3rd. Finally, Jefferies Financial Group cut their target price on Sunrun from $22.00 to $15.00 and set a "hold" rating on the stock in a research note on Tuesday. Twelve research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $19.23.

Trending Headlines about Sunrun

Here are the key news stories impacting Sunrun this week:

• Positive Sentiment: Recent Q4/earnings narrative and analyst focus: coverage pieces putting Sunrun’s strong Q4 results in context (big revenue and EPS beats versus expectations) are supporting bullish investor views and re-rating interest in the renewable-energy group. Unpacking Q4 Earnings
• Positive Sentiment: Technical improvement: IBD Relative Strength (RS) rating rose to 79, signaling stronger price momentum that can attract momentum/technical buyers. IBD RS Rating Article
• Neutral Sentiment: Upcoming catalyst — Q1 2026 earnings date set for May 6, 2026 (after market close) with a conference call scheduled; this gives investors a clear event to re‑assess fundamentals and could increase volatility into early May. Earnings Date Announcement
• Negative Sentiment: Significant insider selling reported: CEO Mary Powell, CFO Danny Abajian, CRO Paul Dickson, and other senior execs sold large blocks of shares on April 6 (disclosed as transactions to cover tax withholding on vested awards). Multiple high‑profile insider sales can sap sentiment even if described as tax‑related. Representative filing: CEO sale. CEO Form 4
• Negative Sentiment: Analyst action: Jefferies cut its price target to $15 and moved to a "hold" rating, which reduces upside implied by some sell‑side support and can weigh on sentiment. Jefferies PT Cut
• Negative Sentiment: Near‑term price pressure noted earlier in the week: press coverage reported a recent pullback in the stock, reflecting short‑term volatility as traders digest the mixed signals above. Stock Sinks Article

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.

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