On Monday, 15th May, 25,000 shares were sold. The stock was bought at an average of $16.34 for a transaction totaling $408,500.00. The director owns directly 1,267.994 shares of company stock valued at $20 719 021.96. This link
Edward Harris Fenster has also made the following recent trade(s)
Edward Harris Fenster, on Monday, April 17, sold 50,000 Sunrun shares. The stock was purchased at an average of $19.97 for a total of $998.500.00.
Edward Harris Fenster, on Friday, 31st March, sold 12,409 Sunrun shares. The stock was purchased at a price of $20 on average, resulting in a transaction worth $248,180.00.
Edward Harris Fenster, on Thursday, 16th February, sold 50,000 Sunrun shares. The shares were sold for an average of $24.45 and a total of $1,222,500.00.
During trading hours, the stock dropped $1.30 to $15.32. The stock was traded at a volume of 10,775,671 compared to the average of 9,193,139. The company's current ratio is 1.81, its quick ratio is 1.04, and it has a debt to equity ratio of 1.00. The company has a $3.30 billion market capitalization, a P/E of 218,86 and a Beta of 2.34. The company's 50-day moving average is $19.23, and its two-hundred-day moving average is $24.00. Sunrun Inc.'s 12 month low is $15.29, and its 12 month high is $39.13.
The last time ) released its quarterly results was on May 3rd. The energy company's ($1.12) earnings per share for the first quarter fell short of analysts' expectations ($0.04), by ($1.08). Sunrun's return on equity was 0.28%, and its net margin was 0.86%. The company's revenue for the quarter was $589.85m, which is higher than the consensus estimate of $507.78m. In the same quarter of the year before, the company posted ($0.42) in earnings per share. Revenue for the firm was up 19.0% year-over-year. Analysts expect Sunrun Inc. to post an average of -1.18 earnings-per-share for the current fiscal.
Inflows of Institutional Capital and Outflows
RUN has recently been the subject of a number of hedge fund changes. Nisa Investment Advisors LLC increased its Sunrun position by 64.1% during the third quarter. Nisa Investment Advisors LLC owns 1,149 of the stock valued at $28k after purchasing 449 additional shares in the last quarter. RFP Financial Group LLC acquired a new Sunrun position valued at approximately $40,000 in the fourth quarter. Belpointe Asset Management LLC increased its Sunrun position by 735.2% during the first quarter. Belpointe Asset Management LLC owns 2,113 of the stock valued at $43,000, after purchasing an additional 1,860 during the previous quarter. Salem Investment Counselors Inc. increased its Sunrun position by 3,750.0% during the first quarter. Salem Investment Counselors Inc. owns 1,540 of the stock of the energy company valued at $47,000, after purchasing an additional 1,500 during the previous quarter. Exchange Traded Concepts LLC increased its Sunrun position by 40.0% during the first quarter. Exchange Traded Concepts LLC owns 3,075 of the stock of the energy company valued at $62,000, after purchasing an additional 879 during the previous quarter. 86.21% of company stock is owned by institutional investors.
Analysts set new price targets
Recent comments from several research firms on RUN. Royal Bank of Canada reduced their price target on Sunrun to $34.00 from $42.00 in a report published on March 29th. They also gave the company an "outperform" rating. Barclays reduced their price target on Sunrun in a report published on Tuesday, 18th April from $35.00 down to $31.00. Wells Fargo & Company reduced their price target on Sunrun to $31.00 from $32.00 in a report published on Friday, 3rd February. The company was also given an 'overweight rating'. Morgan Stanley reduced their price target on Sunrun to $30.00 from $65.00 and gave the company an "overweight" rating in a Monday, April 3, 2018 report. Oppenheimer, in a report published on Thursday, 23rd February, cut its price target for Sunrun from $70.00 down to $49.00, and gave the company an "outperform" rating. Five analysts have rated it as a hold, and 15 have given the stock a buy. MarketBeat.com data shows that Sunrun's consensus rating is 'Moderate buy' with a consensus price target of $36.95.
Sunrun Company Profile
Sunrun, Inc is engaged in the design, creation, installation, sales, ownership, and upkeep of residential solar systems. It installs solar energy for homeowners and sells solar services. It offers its products to customers through three channels: direct sales, solar partnerships and strategic partnerships.
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