Sunrun Inc (NASDAQ:RUN) Chairman Edward Harris Fenster sold 40,534 shares of the business’s stock in a transaction dated Tuesday, February 19th. The stock was sold at an average price of $15.51, for a total value of $628,682.34. Following the completion of the sale, the chairman now owns 2,330,192 shares in the company, valued at $36,141,277.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Edward Harris Fenster also recently made the following trade(s):

  • On Thursday, February 21st, Edward Harris Fenster sold 49,403 shares of Sunrun stock. The stock was sold at an average price of $15.52, for a total value of $766,734.56.
  • On Monday, February 11th, Edward Harris Fenster sold 7,819 shares of Sunrun stock. The stock was sold at an average price of $15.04, for a total value of $117,597.76.
  • On Wednesday, February 13th, Edward Harris Fenster sold 30,442 shares of Sunrun stock. The stock was sold at an average price of $15.11, for a total value of $459,978.62.
  • On Monday, December 3rd, Edward Harris Fenster sold 11,739 shares of Sunrun stock. The stock was sold at an average price of $15.00, for a total value of $176,085.00.

NASDAQ RUN traded up $0.04 during trading hours on Thursday, hitting $15.50. 885,806 shares of the company were exchanged, compared to its average volume of 1,130,460. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.16 and a quick ratio of 0.91. Sunrun Inc has a 52 week low of $6.35 and a 52 week high of $16.44. The stock has a market capitalization of $1.73 billion, a P/E ratio of 18.02, a PEG ratio of 0.89 and a beta of 0.51.

A number of equities research analysts recently commented on the company. Zacks Investment Research upgraded Sunrun from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 15th. ValuEngine downgraded Sunrun from a “strong-buy” rating to a “buy” rating in a research report on Thursday, December 20th. Finally, BidaskClub downgraded Sunrun from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 21st. Three equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $15.83.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. FMR LLC grew its holdings in shares of Sunrun by 1.2% during the second quarter. FMR LLC now owns 16,349,797 shares of the energy company’s stock worth $215,000,000 after purchasing an additional 190,267 shares during the last quarter. Raymond James & Associates grew its holdings in shares of Sunrun by 68.8% during the second quarter. Raymond James & Associates now owns 25,931 shares of the energy company’s stock worth $341,000 after purchasing an additional 10,566 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Sunrun by 26.8% during the second quarter. Bank of New York Mellon Corp now owns 761,326 shares of the energy company’s stock worth $10,011,000 after purchasing an additional 160,833 shares during the last quarter. Northern Trust Corp grew its holdings in shares of Sunrun by 13.4% during the second quarter. Northern Trust Corp now owns 989,196 shares of the energy company’s stock worth $13,008,000 after purchasing an additional 116,895 shares during the last quarter. Finally, United Services Automobile Association grew its holdings in shares of Sunrun by 25.4% during the second quarter. United Services Automobile Association now owns 27,185 shares of the energy company’s stock worth $357,000 after purchasing an additional 5,507 shares during the last quarter. 79.17% of the stock is currently owned by institutional investors.

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About Sunrun

Sunrun Inc engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. It also sells solar leads. The company markets and sells its products through direct channels, partner channels, mass media, digital media, canvassing, referral, retail, and field marketing.

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