Sunrun (NASDAQ:RUN) CAO Maria Barak Sells 3,278 Shares of Stock

Sunrun Inc. (NASDAQ:RUNGet Free Report) CAO Maria Barak sold 3,278 shares of the firm’s stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $12.17, for a total value of $39,893.26. Following the transaction, the chief accounting officer directly owned 90,033 shares of the company’s stock, valued at $1,095,701.61. The trade was a 3.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Maria Barak also recently made the following trade(s):

  • On Monday, July 6th, Maria Barak sold 1,747 shares of Sunrun stock. The shares were sold at an average price of $13.17, for a total value of $23,007.99.

Sunrun Stock Up 3.7%

Shares of NASDAQ:RUN opened at $12.46 on Friday. The company has a quick ratio of 1.09, a current ratio of 1.45 and a debt-to-equity ratio of 3.44. The company has a market capitalization of $2.97 billion, a P/E ratio of 5.85 and a beta of 2.32. Sunrun Inc. has a 52-week low of $9.01 and a 52-week high of $22.44. The stock’s fifty day simple moving average is $13.65 and its 200-day simple moving average is $15.28.

Sunrun (NASDAQ:RUNGet Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The energy company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.67. Sunrun had a return on equity of 14.06% and a net margin of 17.88%.The firm had revenue of $722.23 million during the quarter, compared to analysts’ expectations of $688.50 million. During the same quarter last year, the business posted $0.20 EPS. The firm’s quarterly revenue was up 43.2% compared to the same quarter last year. As a group, equities research analysts forecast that Sunrun Inc. will post 1.09 earnings per share for the current fiscal year.

More Sunrun News

Here are the key news stories impacting Sunrun this week:

  • Positive Sentiment: Sunrun launched a new pilot to turn its residential solar and battery network into a distributed AI computing platform, which could open a new, higher-margin revenue stream and expand the company beyond core solar services. Article Title
  • Positive Sentiment: Unusual call option buying surged, with investors purchasing far more bullish options than normal, suggesting traders are positioning for additional upside tied to the AI pilot announcement. Article Title
  • Neutral Sentiment: Media coverage and commentary around the AI data center pilot helped keep Sunrun in the spotlight, but some reporting noted the news has not yet produced a major stock re-rating. Article Title
  • Negative Sentiment: Chief accounting officer Maria Barak sold 3,278 shares in a pre-arranged Rule 10b5-1 transaction, adding to recent insider selling that can weigh on investor sentiment even if it is not necessarily a negative operational signal. Article Title
  • Negative Sentiment: Recent reports also highlighted another insider sale by CEO Mary Powell, reinforcing concerns that management may be taking some profits after the stock’s recent move higher. Article Title

Wall Street Analysts Forecast Growth

RUN has been the topic of several recent analyst reports. Roth Capital reissued a “buy” rating on shares of Sunrun in a research note on Thursday. UBS Group cut their price target on Sunrun from $23.00 to $20.00 and set a “buy” rating for the company in a report on Tuesday, June 16th. Glj Research reissued a “sell” rating on shares of Sunrun in a research note on Wednesday, June 24th. Wall Street Zen downgraded Sunrun from a “hold” rating to a “sell” rating in a research report on Saturday, April 25th. Finally, Weiss Ratings upgraded Sunrun from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, June 24th. Twelve investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $18.87.

View Our Latest Stock Report on Sunrun

Hedge Funds Weigh In On Sunrun

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada boosted its holdings in shares of Sunrun by 5.1% in the 1st quarter. Royal Bank of Canada now owns 626,536 shares of the energy company’s stock valued at $3,672,000 after purchasing an additional 30,175 shares during the last quarter. Integrated Wealth Concepts LLC grew its stake in shares of Sunrun by 47.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 32,767 shares of the energy company’s stock valued at $192,000 after buying an additional 10,598 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Sunrun by 2.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 238,360 shares of the energy company’s stock worth $1,397,000 after buying an additional 5,882 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Sunrun by 511.0% during the 1st quarter. Jones Financial Companies Lllp now owns 27,026 shares of the energy company’s stock worth $158,000 after buying an additional 22,603 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of Sunrun by 45.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,306,808 shares of the energy company’s stock worth $13,518,000 after buying an additional 718,955 shares during the period. Institutional investors and hedge funds own 91.69% of the company’s stock.

About Sunrun

(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.

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

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