From MarketBeat:

A Sunrun Inc. Director sold 9,052 shares of the stock at an average price of $20.00. The sale was disclosed in a legal filing with the SEC on December 26th. Sunrun’s stock was up 0.37 during trading on December 27th, reaching $20.32. The company has a 50-day moving average of $12.87 and a 200-day moving average of $14.97.

Sunrun last reported earnings data on November 1st, with $0.40 EPS for the quarter, surpassing analysts’ consensus estimates of ($0.05). The company’s net margin was -50.65% for the quarter. Wall Street analysts weigh in on Sunrun with a consensus rating of “Moderate Buy” and a consensus target price of $25.70.

Institutional investors have either added to or reduced their stakes in Sunrun. Vanguard Group Inc. now owns 19,405,097 shares of the company’s stock valued at $243,728,000, while Grantham Mayo Van Otterloo & Co. LLC holds 14,182,106 shares valued at $178,127,000. In the last quarter, 91.69% of the stock is owned by institutional investors and hedge funds.

Sunrun Inc engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the US. It also sells solar energy systems and products, such as panels and racking, in addition to offering battery storage along with solar energy systems.

This story was reviewed by MarketBeat’s editorial team prior to publication. MarketBeat also tracks Wall Street’s top-rated analysts, and while Sunrun currently has a “Moderate Buy” rating, top-rated analysts believe they have identified five better buys.



Read more: Edward Harris Fenster Sells 9,052 Shares of Sunrun Inc. (NASDAQ:RUN) Stock