Institutional investors now have $563 million stake in Sunrun Inc. (RUN)

Sunrun Inc. (NASDAQ:RUN) marched up 50.36% compared to a 52-week low price of $4.21. The shares were last seen trading -5.1% lower, taking the closing price at $6.33 on 01/31/2018. At recent session, the prices were hovering between $6.32 and $6.73. This company shares are 47.39% off its target price of $9.33 and the current market capitalization stands at $675.98M. The recent change has given its price a 5.89% lead over SMA 50 and -18.64% deficit over its 52-week high. The stock witnessed 7.29% gains, 10.66% gains and -14.92% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found RUN’s volatility during a week at 4.44% and during a month it has been found around 3.82%.

Sunrun Inc. (RUN) Top Holders

Institutional investors currently hold around $563 million or 84.3% in RUN stock. Look at its top three institutional owners. Fmr Llc owns $106.22 million in Sunrun Inc., which represents roughly 15.71% of the company’s market cap and approximately 18.87% of the institutional ownership. Similar statistics are true for the second largest owner, Foundation Capital, Llc, which owns 9,768,136 shares of the stock are valued at $65.15 million. The third largest holder is Sc Us (Ttgp), Ltd., which currently holds $49.86 million worth of this stock and that ownership represents nearly 7.38% of its market capitalization.

Sunrun Inc. 13F Filings

At the end of 09/30/2017 reporting period, 63 institutional holders increased their position in Sunrun Inc. (NASDAQ:RUN) by some 7,048,820 shares, 52 decreased positions by 3,432,640 and 20 held positions by 73,939,706. That puts total institutional holdings at 84,421,166 shares, according to SEC filings. The stock grabbed 23 new institutional investments totaling 3,832,439 shares while 15 institutional investors sold out their entire positions totaling 966,265 shares.

Sunrun Inc. (NASDAQ:RUN) Insider Trades

Multiple company employees have indulged in significant insider trading. Sunrun Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Former 10% owner Vassallo Steven has sold 33,576 shares of Sunrun Inc. (RUN) in trading session dated Aug. 28, 2017. These shares are worth $240,404 and were traded at $7.16 each. The SEC filing shows that Fenster Edward Harris performed a sale of 115,094 shares. The Chairman disposed these shares by way of transaction on Aug. 09, 2017. The company’s shares were given away at $6.82 per share worth to an income of some $784,941 on account of Fenster Edward Harris.

Director, 10% Owner, Vassallo Steven, sold 755 common shares of Sunrun Inc. (RUN) in the open market. In a transaction dated Sep. 13, 2016, the shares were put up for sale at an average price of $5.73, raking in a sum of $4,326. After this sale, 10,892,668 common shares of RUN are directly owned by the insider, with total stake valued at $68,950,588.

In the transaction dated Sep. 13, 2016, the great number of shares disposed came courtesy the 10% Owner; Foundation Capital Vi Principa disposed a total of 42,306 shares at an average price of $5.82, amounting to approximately $246,221. The insider now directly owns 11,259,556 shares worth $71,272,989.

Sunrun Inc. (RUN) Analyst Guide

Several analysts have released their opinion on Sunrun Inc. (NASDAQ:RUN), with 4 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.5 average brokerage recommendation.

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