Spruce Power (NYSE:SPRU) Shares Down 1.7% – Here’s Why

Posted by George Bondi on Sep 4th, 2026

Spruce Power Holding Corporation (NYSE:SPRU – Get Free Report)’s stock price traded down 1.7% during trading on Wednesday . The company traded as low as $1.74 and last traded at $1.75. 56,809 shares were traded during mid-day trading, a decline of 25% from the average session volume of 75,987 shares. The stock had previously closed at $1.78.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered shares of Spruce Power from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

View Our Latest Report on SPRU

Spruce Power Stock Performance

The firm has a market cap of $34.36 million, a price-to-earnings ratio of -3.97 and a beta of 1.19. The firm’s 50 day moving average is $2.17 and its 200-day moving average is $3.08. The company has a debt-to-equity ratio of 3.20, a quick ratio of 0.40 and a current ratio of 0.40.

Spruce Power (NYSE:SPRU – Get Free Report) last posted its earnings results on Wednesday, August 12th. The company reported $0.15 EPS for the quarter. Spruce Power had a negative net margin of 6.76% and a negative return on equity of 5.94%. The firm had revenue of $30.35 million for the quarter.

Insider Buying and Selling at Spruce Power

In related news, insider Jonathan Mcwhinnie Norling sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $2.84, for a total value of $42,600.00. Following the transaction, the insider directly owned 403,252 shares of the company’s stock, valued at approximately $1,145,235.68. This trade represents a 3.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 11.20% of the company’s stock.

Institutional Trading of Spruce Power

Large investors have recently modified their holdings of the company. Marshall Wace LLP bought a new stake in Spruce Power during the fourth quarter valued at about $450,000. Headlands Technologies LLC bought a new stake in shares of Spruce Power in the fourth quarter valued at about $53,000. State Street Corp grew its position in Spruce Power by 103.1% during the fourth quarter. State Street Corp now owns 89,439 shares of the company’s stock worth $455,000 after buying an additional 45,400 shares in the last quarter. HRT Financial LP acquired a new stake in Spruce Power during the fourth quarter worth about $96,000. Finally, Dimensional Fund Advisors LP bought a new position in Spruce Power during the fourth quarter valued at about $218,000. 20.76% of the stock is owned by institutional investors.

Spruce Power Company Profile

(Get Free Report)

Spruce Power is a renewable energy company that specializes in the ownership, operation and management of distributed solar energy assets. The company partners with solar developers to acquire residential and small-commercial solar portfolios, providing long-term performance monitoring, maintenance and customer support for system owners. By focusing on turnkey asset management, Spruce Power enables homeowners and businesses to benefit from solar power without the upfront risks and responsibilities of system ownership.

Headquartered in San Francisco, California, Spruce Power was founded in 2009 and has grown through strategic acquisitions and partnerships.