Sunrun (NASDAQ:RUN) CEO Lynn Michelle Jurich sold 36,522 shares of Sunrun stock in a transaction that occurred on Monday, April 16th. The stock was sold at an average price of $8.50, for a total value of $310,437.00. Following the completion of the sale, the chief executive officer now owns 2,912,115 shares of the company’s stock, valued at $24,752,977.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Lynn Michelle Jurich also recently made the following trade(s):
- On Monday, April 2nd, Lynn Michelle Jurich sold 36,522 shares of Sunrun stock. The stock was sold at an average price of $8.92, for a total value of $325,776.24.
Shares of NASDAQ:RUN opened at $8.91 on Friday. The company has a market cap of $938.84, a P/E ratio of 10.36, a P/E/G ratio of 0.40 and a beta of -1.02. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.01 and a current ratio of 1.29. Sunrun has a 12-month low of $4.21 and a 12-month high of $10.16.
Sunrun (NASDAQ:RUN) last announced its earnings results on Tuesday, March 6th. The energy company reported $0.25 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by ($0.12). The company had revenue of $146.44 million for the quarter, compared to analysts’ expectations of $133.62 million. Sunrun had a net margin of 23.51% and a return on equity of 8.54%. research analysts predict that Sunrun will post 1.11 earnings per share for the current fiscal year.
A number of equities research analysts have commented on the company. Zacks Investment Research raised Sunrun from a “hold” rating to a “buy” rating and set a $6.75 price objective for the company in a research note on Thursday, January 4th. Deutsche Bank set a $10.00 price objective on Sunrun and gave the company a “buy” rating in a research note on Monday, January 22nd. ValuEngine cut Sunrun from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 2nd. BidaskClub cut Sunrun from a “hold” rating to a “sell” rating in a research note on Wednesday, February 7th. Finally, Credit Suisse Group assumed coverage on Sunrun in a research note on Monday, February 12th. They issued an “outperform” rating and a $15.00 price objective for the company. Two investment analysts have rated the stock with a sell rating and ten have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $9.98.
Large investors have recently made changes to their positions in the stock. Standard Life Aberdeen plc purchased a new position in shares of Sunrun during the fourth quarter valued at approximately $121,000. Russell Investments Group Ltd. purchased a new position in shares of Sunrun during the third quarter valued at approximately $123,000. Teacher Retirement System of Texas purchased a new position in shares of Sunrun during the fourth quarter valued at approximately $140,000. Aperio Group LLC purchased a new position in shares of Sunrun during the fourth quarter valued at approximately $153,000. Finally, IPG Investment Advisors LLC purchased a new position in shares of Sunrun during the fourth quarter valued at approximately $159,000. 80.90% of the stock is currently owned by institutional investors.
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Sunrun Company Profile
Sunrun Inc is engaged in the design, development, installation, sale, ownership and maintenance of residential solar energy systems (Projects) in the United States. The Company is engaged in providing solar energy services and products to its customers. As of December 31, 2016, it operated a fleet of residential solar energy systems in the United States, with approximately 134,000 customers across 16 states, as well as the District of Columbia.
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