Sunrun (NASDAQ:RUN) CEO Mary Powell Sells 2,229 Shares

Sunrun Inc. (NASDAQ:RUN) CEO Mary Powell sold 2,229 shares of the company’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $11.94, for a total transaction of $26,614.26. Following the completion of the transaction, the chief executive officer directly owned 1,127,951 shares of the company’s stock, valued at $13,467,734.94. This represents a 0.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Mary Powell also recently made the following trade(s):

• On Monday, March 2nd, Mary Powell sold 5,357 shares of Sunrun stock. The shares were sold at an average price of $12.33, for a total value of $66,051.81.
• On Tuesday, January 6th, Mary Powell sold 8,754 shares of Sunrun stock. The shares were sold at an average price of $17.80, for a total value of $155,821.20.

Sunrun Price Performance

Shares of Sunrun stock opened at $11.33 on Tuesday. The company has a market capitalization of $2.66 billion, a price-to-earnings ratio of 6.63 and a beta of 2.43. The company has a quick ratio of 1.27, a current ratio of 1.66 and a debt-to-equity ratio of 3.38. The stock’s 50-day simple moving average is $18.13 and its 200-day simple moving average is $18.30. Sunrun Inc. has a 52 week low of $5.38 and a 52 week high of $22.44.

Sunrun (NASDAQ:RUN) last released its 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 firm had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $610.29 million. Sunrun had a return on equity of 11.72% and a net margin of 15.22%.The firm’s revenue was up 123.5% on a year-over-year basis. During the same quarter last year, the business posted $1.41 earnings per share. As a group, analysts expect that Sunrun Inc. will post -0.43 earnings per share for the current fiscal year.

Institutional Trading of Sunrun

Hedge funds have recently modified their holdings of the company. Farther Finance Advisors LLC boosted its position in shares of Sunrun by 156.9% during the 4th quarter. Farther Finance Advisors LLC now owns 1,449 shares of the energy company’s stock valued at $27,000 after acquiring an additional 885 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in Sunrun in the fourth quarter worth $27,000. Sycomore Asset Management purchased a new stake in Sunrun during the third quarter valued at $28,000. Hantz Financial Services Inc. raised its stake in Sunrun by 59.1% during the fourth quarter. Hantz Financial Services Inc. now owns 1,519 shares of the energy company’s stock valued at $28,000 after purchasing an additional 564 shares in the last quarter. Finally, Kestra Advisory Services LLC bought a new position in Sunrun during the fourth quarter valued at $30,000. 91.69% of the stock is owned by hedge funds and other institutional investors.

More Sunrun News

Here are the key news stories impacting Sunrun this week:

• Positive Sentiment: Analysts note Sunrun’s improving cash generation and progress on asset monetization, which supports a higher long‑term valuation even though one model trimmed its fair‑value estimate slightly; this is the bullish case investors cite when valuing RUN. How Sunrun (RUN) Narrative Is Shifting As Cash Generation Meets Valuation Doubts
• Neutral Sentiment: Recent reporting on short interest provides context on market positioning — rising short activity can amplify volatility but doesn’t itself change fundamentals; monitor changes in short interest for potential price pressure. 4RUN : Peering Into Sunrun Inc’s Recent Short Interest
• Negative Sentiment: Multiple senior executives and an insider executed stock sales on March 6 (CEO Mary Powell, CFO Danny Abajian, CRO Paul S. Dickson, director Lynn Jurich and insider Jeanna Steele). While sizes are small relative to their holdings, clustered sales by top executives can be read negatively by the market as reduced insider conviction or liquidity-driven moves; review the SEC filings linked below for details. Mary Powell Form 4 Danny Abajian Form 4 Paul S. Dickson Form 4 Lynn Jurich Form 4 Jeanna Steele Form 4
• Negative Sentiment: A law firm has announced a fraud investigation involving Sunrun, which can increase legal risk, raise uncertainty and pressure sentiment until the scope and outcome are clarified; investors should monitor developments and potential filings. RUN Investors Have Opportunity to Join Sunrun Inc. Fraud Investigation

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Raymond James Financial initiated coverage on shares of Sunrun in a research report on Monday, January 12th. They set a “market perform” rating on the stock. Guggenheim upgraded shares of Sunrun from a “neutral” rating to a “buy” rating and set a $27.00 target price for the company in a research report on Monday, November 10th. Morgan Stanley raised their target price on shares of Sunrun from $20.00 to $21.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 2nd. Royal Bank Of Canada reiterated an “outperform” rating on shares of Sunrun in a report on Wednesday, December 17th. Finally, Wells Fargo & Company boosted their price target on shares of Sunrun from $14.00 to $21.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 11th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Sunrun presently has a consensus rating of “Moderate Buy” and a consensus price target of $19.84.

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.