Lynn Michelle Jurich Sells 50,000 Shares of Sunrun Inc. (NASDAQ:RUN) Stock

Sunrun Inc. (NASDAQ:RUN - Get Free Report) Director Lynn Michelle Jurich sold 50,000 shares of the stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $9.10, for a total value of $455,000.00. Following the completion of the sale, the director now owns 941,753 shares in the company, valued at $8,569,952.30. This trade represents a 5.04 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Lynn Michelle Jurich also recently made the following trade(s):

• On Friday, January 17th, Lynn Michelle Jurich sold 50,000 shares of Sunrun stock. The stock was sold at an average price of $9.59, for a total value of $479,500.00.
• On Thursday, December 19th, Lynn Michelle Jurich sold 50,000 shares of Sunrun stock. The shares were sold at an average price of $9.42, for a total transaction of $471,000.00.

Sunrun Stock Up 2.3 %

RUN stock traded up $0.20 during midday trading on Monday, hitting $8.62. The stock had a trading volume of 3,848,231 shares, compared to its average volume of 9,753,518. The business has a 50-day moving average of $9.44 and a two-hundred day moving average of $13.40. The company has a debt-to-equity ratio of 1.92, a current ratio of 1.47 and a quick ratio of 1.15. The firm has a market cap of $1.93 billion, a price-to-earnings ratio of -4.72 and a beta of 2.59. Sunrun Inc. has a 52-week low of $7.87 and a 52-week high of $22.26.

Institutional Trading of Sunrun

A number of hedge funds and other institutional investors have recently modified their holdings of RUN. Aster Capital Management DIFC Ltd purchased a new stake in shares of Sunrun in the 4th quarter worth approximately $29,000. International Assets Investment Management LLC grew its stake in shares of Sunrun by 1,706.3% in the third quarter. International Assets Investment Management LLC now owns 1,734 shares of the energy company's stock worth $31,000 after acquiring an additional 1,638 shares during the last quarter. Newbridge Financial Services Group Inc. grew its stake in shares of Sunrun by 133.3% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 3,500 shares of the energy company's stock worth $32,000 after acquiring an additional 2,000 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of Sunrun by 385.5% during the third quarter. Blue Trust Inc. now owns 1,845 shares of the energy company's stock valued at $33,000 after acquiring an additional 1,465 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in Sunrun in the third quarter worth about $44,000. 91.69% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on RUN shares. Oppenheimer dropped their price objective on shares of Sunrun from $22.00 to $20.00 and set an "outperform" rating for the company in a report on Friday, November 8th. BNP Paribas upgraded shares of Sunrun from a "neutral" rating to an "outperform" rating and set a $16.00 target price on the stock in a research report on Tuesday, January 7th. Jefferies Financial Group decreased their price objective on Sunrun from $19.00 to $17.00 and set a "buy" rating on the stock in a report on Tuesday, January 28th. StockNews.com upgraded Sunrun to a "sell" rating in a report on Friday, December 20th. Finally, The Goldman Sachs Group lowered their price target on shares of Sunrun from $19.00 to $17.00 and set a "buy" rating for the company in a report on Tuesday, December 17th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $18.36.

Sunrun Company 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.