Danny Abajian Sells 1,412 Shares of Sunrun (NASDAQ:RUN) Stock

Sunrun Inc. (NASDAQ:RUNGet Free Report) CFO Danny Abajian sold 1,412 shares of the stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $11.98, for a total value of $16,915.76. Following the transaction, the chief financial officer directly owned 568,151 shares of the company’s stock, valued at approximately $6,806,448.98. This trade represents a 0.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Danny Abajian also recently made the following trade(s):

  • On Monday, March 2nd, Danny Abajian sold 4,193 shares of Sunrun stock. The shares were sold at an average price of $12.33, for a total value of $51,699.69.
  • On Tuesday, January 6th, Danny Abajian sold 7,190 shares of Sunrun stock. The shares were sold at an average price of $17.80, for a total value of $127,982.00.

Sunrun Trading Up 7.2%

Shares of RUN stock opened at $12.15 on Wednesday. The business’s fifty day moving average price is $18.00 and its 200 day moving average price is $18.27. The firm has a market capitalization of $2.85 billion, a PE ratio of 7.11 and a beta of 2.43. The company has a debt-to-equity ratio of 3.38, a current ratio of 1.66 and a quick ratio of 1.27. Sunrun Inc. has a 1-year low of $5.38 and a 1-year high of $22.44.

Sunrun (NASDAQ:RUNGet Free Report) last released its earnings results on Thursday, February 26th. The energy company reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.46. The company had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $610.29 million. Sunrun had a return on equity of 11.72% and a net margin of 15.22%.Sunrun’s quarterly revenue was up 123.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.41 earnings per share. As a group, sell-side analysts forecast that Sunrun Inc. will post -0.43 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

RUN has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft set a $19.00 price objective on shares of Sunrun in a report on Wednesday, January 7th. UBS Group dropped their target price on shares of Sunrun from $26.00 to $23.00 and set a “buy” rating for the company in a report on Tuesday. Loop Capital set a $12.00 price target on shares of Sunrun in a research report on Tuesday, March 3rd. Oppenheimer boosted their price target on Sunrun from $23.00 to $25.00 and gave the stock an “outperform” rating in a research note on Friday, February 27th. Finally, Jefferies Financial Group cut Sunrun from a “buy” rating to a “hold” rating and set a $22.00 price target on the stock. in a report on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $19.69.

Read Our Latest Stock Analysis on Sunrun

Institutional Trading of Sunrun

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Farther Finance Advisors LLC raised its holdings in Sunrun by 156.9% in 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 acquired a new stake in shares of Sunrun during the fourth quarter worth $27,000. Hantz Financial Services Inc. grew its position in shares of Sunrun by 59.1% in 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 during the period. Sycomore Asset Management purchased a new stake in shares of Sunrun in the third quarter valued at $28,000. Finally, Kestra Advisory Services LLC acquired a new position in Sunrun in the fourth quarter valued at $30,000. 91.69% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Sunrun

Here are the key news stories impacting Sunrun this week:

  • Positive Sentiment: Recent results and analyst commentary support upside: Sunrun beat EPS and revenue expectations (reported $0.38 EPS vs. a ~($0.08) consensus and $1.16B revenue) and analysts have raised targets citing improving cash generation and asset‑monetization progress, which boosts bullish valuation arguments. How Sunrun (RUN) Narrative Is Shifting As Cash Generation Meets Valuation Doubts
  • Neutral Sentiment: Market structure/context: very high institutional ownership (~91.7%) and elevated short‑interest reporting mean flows and positioning can amplify moves; these are volatility drivers rather than changes to fundamentals. Peering Into Sunrun Inc’s Recent Short Interest
  • Negative Sentiment: Investor litigation announced — Pomerantz LLP is investigating claims on behalf of Sunrun investors, which raises legal risk and uncertainty until scope/outcome are clarified and can pressure sentiment. INVESTOR ALERT: Pomerantz Investigates Sunrun
  • Negative Sentiment: Clustered insider selling on March 6 — CEO Mary Powell, CFO Danny Abajian, CRO Paul Dickson, director Lynn Jurich and insider Jeanna Steele all reported small sales. While sizes are small vs. holdings, grouped sales by senior execs can sap sentiment and invite headlines; review the SEC Form 4 filings for details. Insider trades summary Mary Powell Form 4
  • Negative Sentiment: Analyst/media scrutiny on cash burn and funding: Sunrun was named in an article about “cash‑burning” companies that could face dilution or funding pressure if margins and free cash flow don’t improve — a reminder investors are watching the path to sustainable free cash flow. 3 Cash-Burning Stocks That Fall Short

Sunrun Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Sunrun (NASDAQ:RUN)

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