Sunrun Inc (NASDAQ: RUN) is -2.75% lower on its value in year-to-date trading and has touched a low of $8.43 and a high of $20.68 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RUN stock was last observed hovering at around $20.26 in the last trading session, with the day’s loss setting it -1.17%.
Currently trading at $19.09, the stock is 6.93% and 22.90% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.58 million and changing -5.77% at the moment leaves the stock 38.63% off its SMA200. RUN registered 34.34% gain for a year compared to 6-month gain of 20.14%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 12.69% loss in the last 1 month and extending the period to 3 months gives it a 67.16%, and is -0.93% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.80% over the week and 8.01% over the month.
Sunrun Inc (RUN) has around 10833 employees, a market worth around $4.27B and $2.06B in sales. Profit margin for the company is -66.36%. Distance from 52-week low is 126.45% and -7.69% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.98%).
The EPS is expected to grow by 95.16% this year.
Sunrun Inc (RUN) Top Institutional Holders
590.0 institutions hold shares in Sunrun Inc (RUN), with institutional investors hold 120.96% of the company’s shares. The shares outstanding are 219.39M, and float is at 216.54M with Short Float at 24.53%. Institutions hold 117.80% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 39.6 million shares valued at $521.91 million. The investor’s holdings represent 18.0092 of the RUN Shares outstanding. As of 2024-03-31, the second largest holder is VANGUARD GROUP INC with 22.33 million shares valued at $294.24 million to account for 10.1532 of the shares outstanding. The other top investors are GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC which holds 14.63 million shares representing 6.6518 and valued at over $192.77 million, while ORBIS ALLAN GRAY LTD holds 6.4722 of the shares totaling 14.23 million with a market value of $187.57 million.
Sunrun Inc (RUN) Insider Activity
The most recent transaction is an insider sale by Risk Gerald Alan, the company’s Director. SEC filings show that Risk Gerald Alan sold 9,045 shares of the company’s common stock on Aug 19 ’24 at a price of $20.04 per share for a total of $0.18 million. Following the sale, the insider now owns 0.33 million shares.
Sunrun Inc disclosed in a document filed with the SEC on Aug 19 ’24 that Jurich Lynn Michelle (Director) sold a total of 50,000 shares of the company’s common stock. The trade occurred on Aug 19 ’24 and was made at $19.50 per share for $0.98 million. Following the transaction, the insider now directly holds 1.24 million shares of the RUN stock.
Still, SEC filings show that on Aug 19 ’24, Jurich Lynn Michelle (Director) Proposed Sale 50,000 shares at an average price of $19.50 for $0.98 million. The insider now directly holds shares of Sunrun Inc (RUN).
