Sunrun (NASDAQ:RUN) Director Sells $964,000.00 in Stock

Sunrun Inc. (NASDAQ:RUN) Director Lynn Michelle Jurich sold 50,000 shares of Sunrun stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $19.28, for a total transaction of $964,000.00. Following the transaction, the director owned 701,175 shares of the company’s stock, valued at $13,518,654. This represents a 6.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Monday, December 8th, Lynn Michelle Jurich sold 451 shares of Sunrun stock. The shares were sold at an average price of $17.79, for a total value of $8,023.29.
• On Monday, December 1st, Lynn Michelle Jurich sold 50,000 shares of Sunrun stock. The stock was sold at an average price of $19.57, for a total transaction of $978,500.00.
• On Monday, November 3rd, Lynn Michelle Jurich sold 50,000 shares of Sunrun stock. The stock was sold at an average price of $20.41, for a total transaction of $1,020,500.00.

Sunrun Stock Performance

Shares of NASDAQ:RUN traded down $0.02 during mid-day trading on Tuesday, reaching $18.30. The company had a trading volume of 7,830,175 shares, compared to its average volume of 5,120,141. The firm has a market cap of $4.25 billion, a price-to-earnings ratio of -1.64 and a beta of 2.35. The company’s 50-day moving average price is $18.85 and its 200-day moving average price is $15.97. The company has a current ratio of 1.46, a quick ratio of 1.06 and a debt-to-equity ratio of 3.67. Sunrun Inc. has a one year low of $5.38 and a one year high of $22.44.

Sunrun (NASDAQ:RUN) last posted its quarterly earnings results on Thursday, November 6th. The energy company reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.05. The company had revenue of $724.56 million during the quarter, compared to the consensus estimate of $601.15 million. Sunrun had a positive return on equity of 19.34% and a negative net margin of 106.50%.The firm’s quarterly revenue was up 34.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.37) EPS. As a group, equities research analysts anticipate that Sunrun Inc. will post -0.43 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently issued reports on RUN shares. TD Cowen boosted their price objective on Sunrun from $22.00 to $23.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Citigroup raised shares of Sunrun from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $11.00 to $26.00 in a research note on Tuesday, October 21st. JPMorgan Chase & Co. raised their price target on shares of Sunrun from $23.00 to $25.00 and gave the company an “overweight” rating in a report on Thursday, October 16th. Jefferies Financial Group upgraded Sunrun from a “hold” rating to a “buy” rating and increased their price objective for the stock from $11.00 to $21.00 in a research report on Wednesday, October 1st. Finally, UBS Group boosted their target price on Sunrun from $16.00 to $26.00 and gave the stock a “buy” rating in a research report on Tuesday, October 21st. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $19.58.

Sunrun News Roundup

Here are the key news stories impacting Sunrun this week:

• Positive Sentiment: Sunrun and Hannon Armstrong closed a $500 million joint venture to develop and finance distributed energy projects, giving Sunrun a dedicated pool of capital to scale distributed generation and storage deployments and reduce project-level funding risk. HASI, Sunrun enter $500M distributed power development joint venture Sunrun and HASI close $500 million distributed energy joint venture HASI and Sunrun Expand Long-Term Relationship with New $500 Million Joint Venture to Accelerate Distributed Power Development
• Positive Sentiment: Sunrun amended its credit agreement to extend loan maturities to 2028, improving near-term liquidity and reducing refinancing pressure as the company scales battery and distributed energy deployments. Sunrun amends credit agreement, extends maturity to 2028
• Positive Sentiment: Analyst/feature bullishness highlights improving fundamentals: a Seeking Alpha piece argues cash flow has turned positive, storage adoption is lifting unit economics, and balance sheet liquidity has strengthened — supportive for longer-term valuation. The Market Is Missing Sunrun’s Cash And Battery Boom
• Neutral Sentiment: Coverage/valuation checks are mixed: commentary and screens note recent share-price swings and an “undervaluation” narrative, which can attract both bargain hunters and volatility. This is market-context rather than company-event driven. Sunrun (RUN) Valuation Check After Recent Share Price Swings And Undervaluation Narrative
• Negative Sentiment: Short-term market reaction: a Zacks note flagged a recent intraday sell-off in RUN, reflecting heightened volatility after recent announcements and helping explain downward pressure on the stock in the latest session. Sunrun (RUN) Stock Sinks As Market Gains: Here’s Why

Institutional Trading of Sunrun

A number of hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of Sunrun by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 24,193,170 shares of the energy company’s stock worth $418,300,000 after acquiring an additional 288,945 shares during the last quarter. PGGM Investments lifted its stake in Sunrun by 17.8% in the third quarter. PGGM Investments now owns 8,256,941 shares of the energy company’s stock worth $142,763,000 after purchasing an additional 1,249,683 shares during the last quarter. Maple Rock Capital Partners Inc. boosted its position in Sunrun by 95.6% during the second quarter. Maple Rock Capital Partners Inc. now owns 8,132,648 shares of the energy company’s stock valued at $66,525,000 after buying an additional 3,974,464 shares during the period. Amundi boosted its position in Sunrun by 12.1% during the first quarter. Amundi now owns 3,479,021 shares of the energy company’s stock valued at $20,686,000 after buying an additional 374,594 shares during the period. Finally, Erste Asset Management GmbH grew its stake in shares of Sunrun by 62.7% during the third quarter. Erste Asset Management GmbH now owns 3,082,234 shares of the energy company’s stock valued at $54,778,000 after buying an additional 1,188,092 shares during 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.