Dynamic Technology Lab Private Ltd lifted its stake in shares of Vivint Solar Inc (NYSE:VSLR) by 191.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 55,812 shares of the company’s stock after buying an additional 36,651 shares during the period. Dynamic Technology Lab Private Ltd owned about 0.05% of Vivint Solar worth $190,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in VSLR. First Trust Advisors LP boosted its position in shares of Vivint Solar by 17.0% during the second quarter. First Trust Advisors LP now owns 114,852 shares of the company’s stock valued at $672,000 after buying an additional 16,707 shares during the last quarter. Rhumbline Advisers boosted its position in shares of Vivint Solar by 9.8% during the second quarter. Rhumbline Advisers now owns 28,571 shares of the company’s stock valued at $167,000 after buying an additional 2,549 shares during the last quarter. GCA Investment Management LLC purchased a new position in shares of Vivint Solar during the second quarter valued at approximately $4,556,000. Neuberger Berman Group LLC boosted its position in shares of Vivint Solar by 31.4% during the second quarter. Neuberger Berman Group LLC now owns 133,935 shares of the company’s stock valued at $784,000 after buying an additional 32,000 shares during the last quarter. Finally, JPMorgan Chase & Co. purchased a new position in shares of Vivint Solar during the second quarter valued at approximately $278,000. 92.60% of the stock is currently owned by institutional investors.

In other news, COO Bryan Christiansen sold 31,700 shares of the company’s stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $3.25, for a total transaction of $103,025.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Alex J. Dunn sold 100,000 shares of the company’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of $3.43, for a total value of $343,000.00. Following the transaction, the director now directly owns 395,649 shares in the company, valued at approximately $1,357,076.07. The disclosure for this sale can be found here. Insiders have sold a total of 176,600 shares of company stock worth $591,501 in the last ninety days. Insiders own 4.50% of the company’s stock.

Vivint Solar Inc (NYSE:VSLR) traded up $0.10 during mid-day trading on Friday, reaching $3.50. The company’s stock had a trading volume of 183,423 shares, compared to its average volume of 270,085. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.05 and a current ratio of 1.18. Vivint Solar Inc has a twelve month low of $2.55 and a twelve month high of $6.09.

Vivint Solar (NYSE:VSLR) last posted its quarterly earnings data on Tuesday, November 7th. The company reported ($0.33) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.29) by ($0.04). Vivint Solar had a negative return on equity of 26.04% and a net margin of 18.65%. The business had revenue of $75.10 million during the quarter, compared to analysts’ expectations of $74.56 million. During the same period in the prior year, the firm posted ($0.36) EPS. The firm’s revenue for the quarter was up 81.8% on a year-over-year basis. research analysts predict that Vivint Solar Inc will post -1.48 earnings per share for the current year.

VSLR has been the topic of several research analyst reports. BidaskClub cut Vivint Solar from a “hold” rating to a “sell” rating in a research report on Thursday, September 28th. ValuEngine cut Vivint Solar from a “sell” rating to a “strong sell” rating in a research report on Friday, December 1st. Guggenheim initiated coverage on Vivint Solar in a research report on Wednesday, September 27th. They issued a “buy” rating and a $5.00 price objective on the stock. Zacks Investment Research raised Vivint Solar from a “hold” rating to a “buy” rating and set a $5.25 price objective on the stock in a research report on Saturday, August 12th. Finally, Bank of America initiated coverage on Vivint Solar in a research report on Monday, November 6th. They issued a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $5.05.

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About Vivint Solar

Vivint Solar, Inc offers distributed solar energy, electricity generated by a solar energy system installed at or near customers’ locations, to residential customers. Through investment funds, the Company owns solar energy systems it installs and provides solar electricity pursuant to long-term contracts with its customers.

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Institutional Ownership by Quarter for Vivint Solar (NYSE:VSLR)

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