Sunnova Energy International Inc. (NASDAQ:NOVA) insider Stuart D. Allen sold 28,600 shares of Sunnova Energy International stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $23.74, for a total transaction of $678,964.00. Following the transaction, the insider now directly owns 54,009 shares of the company’s stock, valued at $1,282,173.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

NOVA opened at $25.01 on Friday. Sunnova Energy International Inc. has a 52-week low of $6.12 and a 52-week high of $25.67. The firm’s 50-day moving average price is $19.41 and its 200-day moving average price is $14.99.

Sunnova Energy International (NASDAQ:NOVA) last posted its quarterly earnings data on Wednesday, July 29th. The company reported ($0.30) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.18) by ($0.12). The firm had revenue of $42.79 million for the quarter, compared to analysts’ expectations of $42.32 million.

NOVA has been the subject of a number of recent analyst reports. Credit Suisse Group raised shares of Sunnova Energy International from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $13.50 to $21.50 in a research note on Monday, June 15th. Raymond James boosted their target price on shares of Sunnova Energy International from $22.00 to $26.00 and gave the company an “outperform” rating in a research note on Thursday. JPMorgan Chase & Co. boosted their target price on shares of Sunnova Energy International from $18.00 to $20.00 and gave the company an “overweight” rating in a research note on Thursday, May 28th. LADENBURG THALM/SH SH reaffirmed a “buy” rating and issued a $16.00 price objective (down from $22.00) on shares of Sunnova Energy International in a research note on Friday, April 3rd. Finally, Bank of America raised shares of Sunnova Energy International from a “neutral” rating to a “buy” rating and set a $25.00 price objective for the company in a research note on Wednesday, July 22nd. One investment analyst has rated the stock with a hold rating and ten have given a buy rating to the company. Sunnova Energy International has an average rating of “Buy” and a consensus price target of $21.32.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Ameritas Investment Partners Inc. boosted its position in Sunnova Energy International by 143.5% in the first quarter. Ameritas Investment Partners Inc. now owns 2,715 shares of the company’s stock valued at $27,000 after buying an additional 1,600 shares during the last quarter. Citigroup Inc. boosted its position in Sunnova Energy International by 536.8% in the fourth quarter. Citigroup Inc. now owns 2,751 shares of the company’s stock valued at $31,000 after buying an additional 2,319 shares during the last quarter. Legal & General Group Plc boosted its position in Sunnova Energy International by 83.9% in the first quarter. Legal & General Group Plc now owns 4,259 shares of the company’s stock valued at $43,000 after buying an additional 1,943 shares during the last quarter. Victory Capital Management Inc. purchased a new stake in Sunnova Energy International in the fourth quarter valued at approximately $79,000. Finally, Two Sigma Investments LP purchased a new stake in Sunnova Energy International in the first quarter valued at approximately $123,000.

Sunnova Energy International Company Profile

Sunnova Energy International Inc focuses on operating as a holding company for Sunnova Energy Corporation that provides residential solar and energy storage services in the United States, Puerto Rico, and the Northern Mariana Islands. Its services include operations and maintenance, monitoring, repairs and replacements, equipment upgrades, onsite power optimization, and diagnostics.

See Also: Commodities

Insider Buying and Selling by Quarter for Sunnova Energy International (NASDAQ:NOVA)

Receive News & Ratings for Sunnova Energy International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sunnova Energy International and related companies with MarketBeat.com's FREE daily email newsletter.