CenterBook Partners LP Purchases 93,404 Shares of Boost Run $BRUN

CenterBook Partners LP acquired a new stake in Boost Run (NASDAQ:BRUN) during the third quarter, according to its most recent filing with the SEC. The firm acquired 93,404 shares of the company’s stock, valued at approximately $1,541,000.

Other institutional investors also recently bought and sold shares of the company. State of Alaska Department of Revenue purchased a new position in Boost Run during the 3rd quarter worth $45,000. State Street Corp purchased a new stake in shares of Boost Run in the second quarter valued at about $2,441,000. Silicon Valley Capital Partners acquired a new position in shares of Boost Run during the second quarter worth about $111,000. BlueCrest Capital Management Ltd acquired a new position in shares of Boost Run during the second quarter worth about $1,940,000. Finally, WINTON GROUP Ltd purchased a new position in Boost Run during the second quarter worth about $411,000.

Wall Street Analyst Weigh In

A number of brokerages recently commented on BRUN. Wall Street Zen downgraded shares of Boost Run from a “hold” rating to a “sell” rating in a research report on Saturday, October 3rd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Boost Run in a report on Friday, September 18th. BTIG Research reiterated a “buy” rating and set a $45.00 target price on shares of Boost Run in a research report on Friday, August 14th. Zacks Research raised Boost Run to a “hold” rating in a research note on Tuesday, September 29th. Finally, Northland Securities raised Boost Run to a “strong-buy” rating in a report on Monday, September 28th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $39.00.

Insider Buying and Selling

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 stock was sold at an average price of $14.00, for a total value of $7,000,000.00. Following the sale, the director owned 4,437,921 shares of the company’s stock, valued at approximately $62,130,894. This represents a 10.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Boost Run Stock Up 10.0%

Shares of NASDAQ BRUN opened at $6.70 on Tuesday. Boost Run has a 52 week low of $5.40 and a 52 week high of $42.00. The company has a 50-day moving average of $12.76.

Boost Run (NASDAQ:BRUN) last issued its earnings results on Friday, August 14th. The company reported ($0.24) earnings per share (EPS) for the quarter. The business had revenue of $31.14 million for the quarter. As a group, research analysts anticipate that Boost Run will post -1.11 EPS for the current fiscal year.

Boost Run Profile

Boost Run, Inc develops and provides cloud infrastructure for artificial intelligence (AI) and computing workloads. The company’s platform delivers GPU computes, CPU nodes, managed Kubernetes orchestration, shared network storage, networking fabric, and hyperscaler interconnects. The company was founded in 2023 and is based in Northbrook, Illinois.