Nia Impact Advisors LLC Has $353,000 Stock Holdings in Sunrun Inc. (NASDAQ:RUN)

Nia Impact Advisors LLC trimmed its holdings in shares of Sunrun Inc. (NASDAQ:RUN - Free Report) by 58.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 38,152 shares of the energy company's stock after selling 53,630 shares during the period. Nia Impact Advisors LLC's holdings in Sunrun were worth $353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Sunrun by 7.3% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 232,478 shares of the energy company's stock worth $2,150,000 after acquiring an additional 15,748 shares during the period. LMR Partners LLP increased its position in shares of Sunrun by 138.4% during the fourth quarter. LMR Partners LLP now owns 50,000 shares of the energy company's stock worth $462,000 after acquiring an additional 180,148 shares during the last quarter. Lighthouse Investment Partners LLC acquired a new stake in Sunrun during the fourth quarter valued at approximately $92,000. Humankind Investments LLC grew its holdings in shares of Sunrun by 91.9% during the fourth quarter. Humankind Investments LLC now owns 20,404 shares of the energy company's stock valued at $189,000 after purchasing an additional 9,773 shares during the last quarter. Finally, Greenvale Capital LLP grew its holdings in shares of Sunrun by 50.3% during the fourth quarter. Greenvale Capital LLP now owns 13,500,000 shares of the energy company's stock valued at $124,875,000 after purchasing an additional 4,516,793 shares during the last quarter. Hedge funds and other institutional investors own 91.69% of the company's stock.

Sunrun Trading Down 8.9%

RUN traded down $1.10 during trading on Monday, reaching $11.16. The company had a trading volume of 9,592,122 shares, compared to its average volume of 11,081,005. The company has a quick ratio of 1.15, a current ratio of 1.47 and a debt-to-equity ratio of 1.92. Sunrun Inc. has a 52 week low of $5.45 and a 52 week high of $22.26. The stock has a market cap of $2.55 billion, a P/E ratio of -6.11 and a beta of 2.66. The business has a 50 day simple moving average of $7.28 and a 200-day simple moving average of $8.90.

Sunrun (NASDAQ:RUN - Get Free Report) last issued its earnings results on Wednesday, May 7th. The energy company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.22) by $0.42. The company had revenue of $504.27 million for the quarter, compared to analysts' expectations of $487.29 million. Sunrun had a negative net margin of 18.80% and a negative return on equity of 5.15%. The firm's quarterly revenue was up 10.1% on a year-over-year basis. During the same period in the prior year, the business earned ($0.40) EPS. On average, equities analysts anticipate that Sunrun Inc. will post -0.43 EPS for the current fiscal year.

Insider Transactions at Sunrun

In related news, CFO Danny Abajian sold 16,927 shares of the firm's stock in a transaction that occurred on Monday, April 7th. The shares were sold at an average price of $6.74, for a total value of $114,087.98. Following the transaction, the chief financial officer now owns 231,279 shares in the company, valued at approximately $1,558,820.46. This trade represents a 6.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Edward Harris Fenster purchased 150,000 shares of Sunrun stock in a transaction dated Monday, March 3rd. The shares were purchased at an average cost of $6.80 per share, with a total value of $1,020,000.00. Following the acquisition, the director now owns 1,358,182 shares of the company's stock, valued at approximately $9,235,637.60. This trade represents a 12.42% increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders have sold 138,540 shares of company stock valued at $1,050,944. 3.37% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have issued reports on RUN. BMO Capital Markets dropped their price target on Sunrun from $11.00 to $9.00 and set a "market perform" rating on the stock in a report on Monday, March 3rd. JPMorgan Chase & Co. cut their price target on shares of Sunrun from $22.00 to $18.00 and set an "overweight" rating for the company in a research note on Thursday, January 23rd. TD Cowen dropped their price objective on shares of Sunrun from $18.00 to $14.00 and set a "buy" rating for the company in a report on Friday, February 28th. Citigroup reaffirmed a "neutral" rating and set a $7.00 target price on shares of Sunrun in a report on Thursday, April 17th. Finally, Susquehanna reduced their price target on shares of Sunrun from $13.00 to $10.00 and set a "positive" rating on the stock in a research report on Monday, April 14th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $14.92.

Sunrun Profile

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.