rts logo

Positives for Sunrun Inc (RUN) as stock gains in recent trading

Sunrun Inc (NASDAQ: RUN) is -3.67% lower 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 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 $19.13 in the last trading session, with the day’s loss setting it -0.22%.

Currently trading at $18.91, the stock is -3.27% and 2.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.17 million and changing -1.15% at the moment leaves the stock 28.72% off its SMA200. RUN registered 32.61% gain for a year compared to 6-month gain of 60.80%.

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 -3.67% loss in the last 1 month and extending the period to 3 months gives it a 44.46%, and is -1.66% 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 7.66% over the week and 6.04% over the month.

Sunrun Inc (RUN) has around 10833 employees, a market worth around $4.23B and $2.06B in sales. Profit margin for the company is -66.36%. Distance from 52-week low is 124.31% and -15.05% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.98%).

with sales reaching $566.92M over the same period.The EPS is expected to grow by 96.43% this year, but quarterly earnings will post -6.40% year-over-year.

Sunrun Inc (RUN) Top Institutional Holders

593.0 institutions hold shares in Sunrun Inc (RUN), with institutional investors hold 120.92% of the company’s shares. The shares outstanding are 219.39M, and float is at 217.03M with Short Float at 21.51%. Institutions hold 117.79% 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 Jurich Lynn Michelle, the company’s Director. SEC filings show that Jurich Lynn Michelle sold 50,000 shares of the company’s common stock on Sep 19 ’24 at a price of $20.20 per share for a total of $1.01 million. Following the sale, the insider now owns 1.19 million shares.

Still, SEC filings show that on Sep 11 ’24, Fenster Edward Harris (Director) disposed off 4,646 shares at an average price of $18.01 for $83674.0. The insider now directly holds 1,202,777 shares of Sunrun Inc (RUN).

Related Posts