Vivint Solar Inc (NYSE:VSLR) EVP Thomas G. Plagemann sold 2,100 shares of the company’s stock in a transaction on Thursday, December 6th. The stock was sold at an average price of $5.18, for a total value of $10,878.00. Following the sale, the executive vice president now directly owns 222,493 shares in the company, valued at approximately $1,152,513.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of Vivint Solar stock traded down $0.18 during trading hours on Friday, reaching $5.22. 1,418,385 shares of the company were exchanged, compared to its average volume of 1,105,963. Vivint Solar Inc has a 1 year low of $2.70 and a 1 year high of $7.44. The company has a current ratio of 1.58, a quick ratio of 1.48 and a debt-to-equity ratio of 3.23. The firm has a market capitalization of $644.30 million, a P/E ratio of -3.30 and a beta of -0.36.

Vivint Solar (NYSE:VSLR) last posted its quarterly earnings data on Tuesday, November 6th. The company reported ($0.61) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.39). Vivint Solar had a negative return on equity of 50.31% and a net margin of 61.71%. The company had revenue of $77.88 million for the quarter, compared to analysts’ expectations of $88.54 million. During the same period in the prior year, the company posted ($0.33) EPS. The firm’s revenue was up 3.7% compared to the same quarter last year. Sell-side analysts predict that Vivint Solar Inc will post -2.08 earnings per share for the current year.

A number of analysts have recently weighed in on the company. Zacks Investment Research lowered Vivint Solar from a “hold” rating to a “sell” rating in a research report on Saturday, November 10th. ValuEngine raised Vivint Solar from a “hold” rating to a “buy” rating in a research report on Thursday, November 8th. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. Vivint Solar presently has a consensus rating of “Buy” and an average target price of $5.50.

Several institutional investors have recently bought and sold shares of VSLR. PEAK6 Investments LLC purchased a new stake in shares of Vivint Solar during the third quarter worth $121,000. DekaBank Deutsche Girozentrale increased its position in shares of Vivint Solar by 312.9% during the third quarter. DekaBank Deutsche Girozentrale now owns 28,076 shares of the company’s stock worth $149,000 after acquiring an additional 21,276 shares during the period. Dynamic Technology Lab Private Ltd increased its position in shares of Vivint Solar by 217.5% during the second quarter. Dynamic Technology Lab Private Ltd now owns 33,671 shares of the company’s stock worth $167,000 after acquiring an additional 23,065 shares during the period. Virtu Financial LLC purchased a new stake in shares of Vivint Solar during the third quarter worth $180,000. Finally, Kayne Anderson Capital Advisors LP purchased a new stake in shares of Vivint Solar during the second quarter worth $206,000. 89.41% of the stock is currently owned by institutional investors and hedge funds.

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Vivint Solar Company Profile

Vivint Solar, Inc provides distributed solar energy to residential, commercial, and industrial customers in the United States. The company operates in two segments, Residential, and Commercial and Industrial. It owns and installs solar energy systems through long-term customer contracts. The company also sells photovoltaic installation products, as well as solar renewable energy certificates.

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