Sunrun Inc (NASDAQ: RUN) is 6.06% higher on its value in year-to-date trading and has touched a low of $8.43 and a high of $22.26 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RUN stock was last observed hovering at around $21.15 in the last trading session, with the day’s loss setting it -0.33%.
Currently trading at $20.82, the stock is 11.86% and 28.95% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.91 million and changing -1.56% at the moment leaves the stock 48.52% off its SMA200. RUN registered 49.68% gain for a year compared to 6-month gain of 75.25%.
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 27.50% loss in the last 1 month and extending the period to 3 months gives it a 54.22%, and is 9.06% up 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 5.63% over the week and 7.46% over the month.
Sunrun Inc (RUN) has around 10833 employees, a market worth around $4.65B and $2.06B in sales. Profit margin for the company is -66.36%. Distance from 52-week low is 146.97% and -6.47% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.98%).
with sales reaching $567.23M over the same period.The EPS is expected to grow by 95.39% this year, but quarterly earnings will post -6.70% year-over-year.
Sunrun Inc (RUN) Top Institutional Holders
592.0 institutions hold shares in Sunrun Inc (RUN), with institutional investors hold 121.21% of the company’s shares. The shares outstanding are 219.39M, and float is at 216.95M with Short Float at 22.24%. Institutions hold 118.07% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 41.4 million shares valued at $491.0 million. The investor’s holdings represent 18.8283% of the RUN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 23.38 million shares valued at $277.24 million to account for 10.631 of the shares outstanding. The other top investors are GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC which holds 16.31 million shares representing 7.4179% and valued at over $193.44 million, while ORBIS ALLAN GRAY LTD holds 6.3196 of the shares totaling 13.9 million with a market value of $164.8 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).
