Yousif Capital Management LLC Has $790,000 Stock Position in Sunrun Inc. (NASDAQ:RUN)

Yousif Capital Management LLC lowered its stake in Sunrun Inc. (NASDAQ:RUN) by 1.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 85,382 shares of the energy company’s stock after selling 1,656 shares during the period. Yousif Capital Management LLC’s holdings in Sunrun were worth $790,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in RUN. Creative Planning lifted its holdings in Sunrun by 0.3% in the 3rd quarter. Creative Planning now owns 290,259 shares of the energy company’s stock worth $5,242,000 after purchasing an additional 784 shares during the last quarter. Bleakley Financial Group LLC lifted its stake in shares of Sunrun by 22.4% in the third quarter. Bleakley Financial Group LLC now owns 13,583 shares of the energy company’s stock worth $245,000 after buying an additional 2,483 shares during the last quarter. Blue Trust Inc. boosted its holdings in shares of Sunrun by 385.5% during the 3rd quarter. Blue Trust Inc. now owns 1,845 shares of the energy company’s stock worth $33,000 after buying an additional 1,465 shares during the period. Everence Capital Management Inc. grew its stake in Sunrun by 31.1% in the 3rd quarter. Everence Capital Management Inc. now owns 41,970 shares of the energy company’s stock valued at $758,000 after buying an additional 9,960 shares during the last quarter. Finally, Sequoia Financial Advisors LLC bought a new position in Sunrun in the 3rd quarter worth $181,000. Institutional investors own 91.69% of the company’s stock.

Insider Activity at Sunrun

In other news, CEO Mary Powell sold 4,350 shares of the company’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $11.18, for a total value of $48,633.00. Following the completion of the sale, the chief executive officer now directly owns 560,321 shares of the company’s stock, valued at $6,264,388.78. This represents a 0.77 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Lynn Michelle Jurich sold 50,000 shares of Sunrun stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $9.59, for a total transaction of $479,500.00. Following the transaction, the director now directly owns 991,753 shares in the company, valued at $9,510,911.27. The trade was a 4.80 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 164,830 shares of company stock worth $1,614,147 over the last 90 days. Insiders own 3.77% of the company’s stock.

Sunrun Stock Up 2.8 %

NASDAQ:RUN opened at $8.82 on Friday. The stock’s fifty day moving average price is $9.62 and its two-hundred day moving average price is $13.72. The company has a market cap of $1.98 billion, a price-to-earnings ratio of -4.85 and a beta of 2.59. Sunrun Inc. has a 52-week low of $7.87 and a 52-week high of $22.26. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.15 and a current ratio of 1.47.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Glj Research reiterated a “sell” rating and issued a $7.78 price objective on shares of Sunrun in a research note on Thursday, November 7th. Wells Fargo & Company reduced their price objective on Sunrun from $15.00 to $12.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. JPMorgan Chase & Co. cut their target price on shares of Sunrun from $22.00 to $18.00 and set an “overweight” rating for the company in a research note on Thursday, January 23rd. Piper Sandler downgraded shares of Sunrun from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $23.00 to $11.00 in a report on Friday, November 22nd. Finally, BNP Paribas upgraded shares of Sunrun from a “neutral” rating to an “outperform” rating and set a $16.00 price objective on the stock in a report on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and fourteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $18.36.

Sunrun Profile

Sunrun Inc designs, develops, installs, sells, owns, and maintains residential solar energy systems in the United States. It also sells solar energy systems and products, such as panels and racking; and solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems; and sells services to commercial developers through multi-family and new homes.