Jeanna Steele Sells 4,430 Shares of Sunrun (NASDAQ:RUN) Stock

Sunrun Inc. (NASDAQ:RUN) insider Jeanna Steele sold 4,430 shares of the company’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $17.80, for a total value of $78,854.00. Following the completion of the transaction, the insider directly owned 355,489 shares of the company’s stock, valued at $6,327,704.20. The trade was a 1.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Jeanna Steele also recently made the following trade(s):

• On Monday, December 8th, Jeanna Steele sold 1,870 shares of Sunrun stock. The stock was sold at an average price of $17.80, for a total value of $33,286.00.
• On Wednesday, October 15th, Jeanna Steele sold 4,475 shares of Sunrun stock. The shares were sold at an average price of $21.71, for a total value of $97,152.25.
• On Thursday, October 9th, Jeanna Steele sold 21,037 shares of Sunrun stock. The stock was sold at an average price of $20.25, for a total value of $425,999.25.

Sunrun Price Performance

Shares of NASDAQ:RUN traded down $0.94 during midday trading on Wednesday, reaching $17.36. 5,890,986 shares of the company’s stock traded hands, compared to its average volume of 7,612,454. The company has a fifty day simple moving average of $18.85 and a two-hundred day simple moving average of $15.97. Sunrun Inc. has a 1 year low of $5.38 and a 1 year high of $22.44. The company has a market cap of $4.03 billion, a P/E ratio of -1.55 and a beta of 2.35. The company has a debt-to-equity ratio of 3.67, a quick ratio of 1.06 and a current ratio of 1.46.

Sunrun (NASDAQ:RUN) last issued its quarterly earnings results on Thursday, November 6th. The energy company reported $0.06 EPS 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 analyst estimates of $601.15 million. Sunrun had a negative net margin of 106.50% and a positive return on equity of 19.34%. The firm’s revenue was up 34.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.37) EPS. Equities analysts predict that Sunrun Inc. will post -0.43 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently commented on RUN shares. TD Cowen increased 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. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Sunrun in a research note on Wednesday, December 17th. Wells Fargo & Company increased their price objective on shares of Sunrun from $14.00 to $21.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 11th. Susquehanna lifted their target price on Sunrun from $13.00 to $23.00 and gave the company a “positive” rating in a research report on Monday, October 13th. Finally, Deutsche Bank Aktiengesellschaft set a $19.00 price objective on Sunrun in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $19.70.

More Sunrun News

Here are the key news stories impacting Sunrun this week:

• Positive Sentiment: Closed a $500M joint venture with Hannon Armstrong to finance distributed-power development — provides dedicated capital to scale distributed generation and storage deployments, lowering project-level funding risk. HASI and Sunrun Expand Long-Term Relationship with New $500 Million Joint Venture Sunrun and HASI close $500 million distributed energy joint venture
• Positive Sentiment: Amended credit agreement to extend maturities to 2028 — reduces near-term refinancing pressure and improves liquidity as Sunrun scales battery and distributed-energy projects. Sunrun amends credit agreement, extends maturity to 2028
• Positive Sentiment: Analyst/feature bullishness highlights improving fundamentals (positive cash flow trends, accelerating storage adoption and stronger unit economics) that support a higher long-term valuation. The Market Is Missing Sunrun’s Cash And Battery Boom
• Neutral Sentiment: Coverage and valuation checks note recent share-price swings and an “undervaluation” narrative — this can attract bargain hunters but also increases volatility. Sunrun (RUN) Valuation Check After Recent Share Price Swings
• Negative Sentiment: Insider selling: director Lynn Jurich sold 50,000 shares at ~$19.28 on Jan. 2 (about a 6.66% reduction of her position), and she has sold multiple tranches recently — these disclosures often trigger short-term pressure and signal liquidity-taking by insiders. Insider Selling: Sunrun Director Sells 50,000 Shares
• Negative Sentiment: Short-term market reaction: coverage flagged an intraday sell-off and volatility after the announcements, explaining downward pressure in the latest session. Sunrun (RUN) Stock Sinks As Market Gains: Here’s Why

Institutional Investors Weigh In On Sunrun

Institutional investors and hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC boosted its holdings in shares of Sunrun by 3.5% in the third quarter. GAMMA Investing LLC now owns 17,971 shares of the energy company’s stock valued at $311,000 after acquiring an additional 607 shares during the period. Crestwood Advisors Group LLC raised its stake in Sunrun by 1.9% during the 3rd quarter. Crestwood Advisors Group LLC now owns 35,158 shares of the energy company’s stock valued at $608,000 after acquiring an additional 644 shares during the last quarter. Harvest Portfolios Group Inc. lifted its position in Sunrun by 2.7% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 30,771 shares of the energy company’s stock worth $532,000 after acquiring an additional 800 shares during the period. Vanguard Personalized Indexing Management LLC lifted its position in Sunrun by 5.4% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 18,809 shares of the energy company’s stock worth $325,000 after acquiring an additional 967 shares during the period. Finally, Osaic Holdings Inc. grew its stake in shares of Sunrun by 6.3% in the 2nd quarter. Osaic Holdings Inc. now owns 22,386 shares of the energy company’s stock valued at $183,000 after purchasing an additional 1,332 shares during the last quarter. 91.69% of the stock is owned by hedge funds and other institutional investors.

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.