Insider Selling: Sunrun (NASDAQ:RUN) CFO Sells $129,855.84 in Stock

Sunrun Inc. (NASDAQ:RUN – Get Free Report) CFO Danny Abajian sold 16,734 shares of the company’s stock in a transaction that occurred on Tuesday, October 6th. The shares were sold at an average price of $7.76, for a total value of $129,855.84. Following the completion of the transaction, the chief financial officer directly owned 386,532 shares in the company, valued at $2,999,488.32. The trade was a 4.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sunrun Stock Performance

NASDAQ:RUN opened at $7.64 on Friday. The stock has a market cap of $1.84 billion, a P/E ratio of 5.16 and a beta of 2.44. The stock has a 50 day simple moving average of $8.85 and a 200 day simple moving average of $11.53. The company has a current ratio of 1.42, a quick ratio of 1.00 and a debt-to-equity ratio of 3.34. Sunrun Inc. has a 1-year low of $7.26 and a 1-year high of $22.44.

Sunrun (NASDAQ:RUN – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The energy company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.19. The firm had revenue of $869.99 million for the quarter, compared to analyst estimates of $746.87 million. Sunrun had a return on equity of 9.59% and a net margin of 11.59%. The company’s revenue for the quarter was up 52.8% on a year-over-year basis. During the same period in the prior year, the firm posted $1.07 EPS. Research analysts anticipate that Sunrun Inc. will post 1.14 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. The Goldman Sachs Group lowered their price target on shares of Sunrun from $13.00 to $11.00 and set a “buy” rating on the stock in a research report on Thursday. TD Cowen dropped their price target on shares of Sunrun from $21.00 to $16.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Jefferies Financial Group restated a “hold” rating and set a $7.00 price objective on shares of Sunrun in a research note on Friday. Weiss Ratings downgraded Sunrun from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, September 24th. Finally, Wells Fargo & Company reduced their target price on Sunrun from $22.00 to $17.00 and set an “overweight” rating on the stock in a report on Friday, August 14th. Twelve equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $15.92.

Get Our Latest Research Report on Sunrun

Key Headlines Impacting Sunrun

Here are the key news stories impacting Sunrun this week:

  • Positive Sentiment: Citigroup lowered its price target for Sunrun from $16 to $14 but maintained a Buy rating, implying substantial upside from recent levels. Citigroup Sunrun Price Target
  • Positive Sentiment: Sunrun’s third-quarter 2026 earnings report is scheduled for November 4 after the market close. The release and conference call will give investors a near-term catalyst and updates on demand, liquidity and the company’s outlook. Sunrun Announces Third-Quarter Earnings Date
  • Positive Sentiment: An analysis argues that RUN could be undervalued as the earnings date approaches, potentially attracting value-oriented investors. This remains an estimate rather than a confirmed change in fundamentals. Sunrun Could Be Undervalued
  • Neutral Sentiment: Reported short interest totaled zero shares as of October 9, producing a 0.0-day short-interest ratio. The figure suggests no measurable short-selling pressure, although the data may reflect a reporting anomaly and should be interpreted cautiously.
  • Neutral Sentiment: Unusual options activity pointed to several potentially large trades, but the activity alone does not establish a clear bullish or bearish direction. Sunrun Unusual Options Activity
  • Negative Sentiment: Goldman Sachs also cut its price target, from $13 to $11, despite keeping a Buy rating. The reduction signals more cautious expectations even though the target remains above the current trading range. Goldman Sachs Sunrun Price Target
  • Negative Sentiment: A Texas customer reportedly received a recall notice for a Powerwall system and was billed $450 by a Sunrun partner for troubleshooting. The account could raise concerns about customer service, partner practices and potential reputational costs. Texas Powerwall Owner and Sunrun Partner Billing
  • Negative Sentiment: Chief Accounting Officer Maria Barak sold 1,771 shares at an average price of $7.77. The filing states the sale covered tax withholding tied to vested equity, limiting its bearish significance, but insider selling can still weigh on sentiment.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of RUN. Amundi lifted its holdings in shares of Sunrun by 56.3% in the first quarter. Amundi now owns 3,300,626 shares of the energy company’s stock worth $44,798,000 after acquiring an additional 1,188,564 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Sunrun during the 2nd quarter valued at approximately $18,120,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Sunrun during the 2nd quarter valued at approximately $4,210,000. EP Wealth Advisors LLC acquired a new position in Sunrun during the 2nd quarter worth approximately $1,960,000. Finally, Diversify Advisory Services LLC bought a new position in Sunrun in the 2nd quarter valued at approximately $8,254,000. Institutional investors and hedge funds own 91.69% of the company’s stock.

Sunrun Company Profile

(Get Free Report)

Sunrun Inc is a residential solar energy company that designs, installs, owns and maintains solar energy systems for homeowners. The company typically provides electricity through long-term agreements, including solar leases and power purchase agreements, allowing customers to use electricity generated by rooftop solar systems without purchasing the equipment outright.

Sunrun also offers energy storage solutions, including its BrightBox battery system, which can store electricity for use during outages, periods of high demand or when solar generation is unavailable.

Further Reading

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

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