Boost Run (NASDAQ:BRUN) Receives Average Rating of “Moderate Buy” from Brokerages

Boost Run (NASDAQ:BRUN) has been given an average recommendation of “Moderate Buy” by the five brokerages that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating and four have issued a buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $42.75.

A number of brokerages have weighed in on BRUN. Wall Street Zen raised Boost Run from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. BTIG Research reissued a “buy” rating and issued a $45.00 target price on shares of Boost Run in a research report on Friday, August 14th. Craig Hallum restated a “buy” rating on shares of Boost Run in a research report on Wednesday, July 1st. DA Davidson increased their target price on shares of Boost Run from $25.00 to $45.00 and gave the stock a “buy” rating in a report on Monday, June 1st. Finally, Weiss Ratings started coverage on shares of Boost Run in a research report on Tuesday, June 23rd. They issued a “sell (d)” rating on the stock.

Insider Activity at Boost Run

In other Boost Run news, Director Sean Goodrich sold 500,000 shares of the company’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $14.00, for a total transaction of $7,000,000.00. Following the completion of the transaction, the director directly owned 4,437,921 shares in the company, valued at approximately $62,130,894. This represents a 10.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Institutional Trading of Boost Run

Several institutional investors and hedge funds have recently bought and sold shares of the stock. WINTON GROUP Ltd bought a new stake in shares of Boost Run in the 2nd quarter valued at $411,000. Fund 1 Investments LLC bought a new position in Boost Run in the 2nd quarter worth about $1,005,000. BlueCrest Capital Management Ltd bought a new stake in Boost Run during the 2nd quarter worth approximately $1,940,000. Greenland Capital Management LP purchased a new position in shares of Boost Run during the second quarter valued at approximately $2,615,000. Finally, FirstWave Capital Management LLC acquired a new position in shares of Boost Run during the second quarter valued at about $3,440,000.

Boost Run Price Performance

Shares of BRUN stock traded up $0.27 on Friday, hitting $16.95. 553,031 shares of the stock traded hands, compared to its average volume of 2,059,264. Boost Run has a 52 week low of $13.48 and a 52 week high of $42.00. The business has a 50 day moving average price of $19.85.

Boost Run (NASDAQ:BRUN) last announced its earnings results on Friday, August 14th. The company reported ($0.24) EPS for the quarter. The business had revenue of $31.14 million for the quarter.

Boost Run is a technology company in the Internet Services & Infrastructure industry.