Sunrun Inc (NASDAQ:RUN) Chairman Edward Harris Fenster sold 11,739 shares of the company’s stock in a transaction on Monday, December 3rd. The shares were sold at an average price of $15.00, for a total value of $176,085.00. Following the completion of the transaction, the chairman now directly owns 2,259,476 shares in the company, valued at $33,892,140. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Shares of RUN opened at $14.61 on Friday. The stock has a market cap of $1.60 billion, a price-to-earnings ratio of 26.44, a P/E/G ratio of 0.91 and a beta of -0.54. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.91 and a current ratio of 1.16. Sunrun Inc has a fifty-two week low of $5.08 and a fifty-two week high of $16.44.

Sunrun (NASDAQ:RUN) last announced its quarterly earnings results on Wednesday, November 7th. The energy company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.36). The company had revenue of $204.96 million for the quarter, compared to analyst estimates of $190.06 million. Sunrun had a return on equity of 4.78% and a net margin of 13.72%. Sunrun’s revenue for the quarter was up 41.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.25 earnings per share. On average, analysts expect that Sunrun Inc will post 0.89 EPS for the current year.

Several equities analysts recently issued reports on the company. ValuEngine raised Sunrun from a “buy” rating to a “strong-buy” rating in a research report on Friday, November 30th. Zacks Investment Research raised Sunrun from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 15th. Bank of America cut their target price on Sunrun from $17.00 to $16.50 and set a “buy” rating on the stock in a research report on Tuesday, October 9th. JMP Securities cut their target price on Sunrun from $21.00 to $20.00 and set a “buy” rating on the stock in a research report on Thursday, August 30th. Finally, Credit Suisse Group upped their target price on Sunrun from $22.00 to $23.00 and gave the company a “buy” rating in a research report on Friday, August 10th. Three equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $15.25.

A number of institutional investors and hedge funds have recently made changes to their positions in RUN. Levin Capital Strategies L.P. acquired a new stake in Sunrun during the 2nd quarter worth about $131,000. IFG Advisory LLC acquired a new stake in Sunrun during the 3rd quarter worth about $141,000. Public Employees Retirement Association of Colorado acquired a new stake in Sunrun during the 3rd quarter worth about $153,000. DekaBank Deutsche Girozentrale grew its position in Sunrun by 180.5% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 13,045 shares of the energy company’s stock worth $171,000 after purchasing an additional 8,395 shares during the period. Finally, Hartline Investment Corp acquired a new stake in Sunrun during the 3rd quarter worth about $175,000. 79.96% 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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