A Director at Sunrun (RUN) is Selling Shares


Today, a Director at Sunrun (RUN), Steven Vassallo, sold shares of RUN for $700K.

Following Steven Vassallo’s last RUN Sell transaction on August 29, 2017, the stock climbed by 7.3%. In addition to Steven Vassallo, one other RUN executive reported Sell trades in the last month.

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Based on Sunrun’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $205 million and GAAP net loss of $2.9 million. In comparison, last year the company earned revenue of $141 million and had a net profit of $27.78 million. RUN’s market cap is $1.58B and the company has a P/E ratio of 17.13. Currently, Sunrun has an average volume of 384.9K.

Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $19.13, reflecting a 35.8% upside.

In the last 30 days, insiders have sold $700K worth of RUN shares and purchased $2.3M worth of RUN shares. The insider sentiment on Sunrun has been positive according to 53 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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SunRun, Inc. operates as a residential solar, storage and energy services company. The firm designs, installs, finances, insures, monitors and maintains the systems of solar energy. It also offers a home solar battery service, Brightbox, that manages household solar energy, storage and utility power with smart inverter technology.

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