6 days Ago By ABMN Staff
Franklin Resources Inc. lifted its stake in shares of Sunrun Inc. ( NASDAQ:RUN – Free Report ) by 180.
1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 138,891 shares of the energy company’s stock after purchasing an additional 89,299 shares during the period. Franklin Resources Inc.
owned about 0.06% of Sunrun worth $1,285,000 as of its most recent filing with the Securities & Exchange Commission. Other hedge funds have also recently modified their holdings of the company.
Norges Bank purchased a new stake in shares of Sunrun during the fourth quarter worth $31,022,000. Clal Insurance Enterprises Holdings Ltd purchased a new stake in Sunrun during the 4th quarter valued at about $18,500,000. Erste Asset Management GmbH raised its holdings in Sunrun by 16.
3% in the 4th quarter. Erste Asset Management GmbH now owns 4,789,213 shares of the energy company’s stock valued at $47,302,000 after acquiring an additional 672,049 shares during the last quarter. Assenagon Asset Management S.
A. lifted its stake in Sunrun by 36.5% in the 4th quarter.
Assenagon Asset Management S.A. now owns 1,877,502 shares of the energy company’s stock worth $17,367,000 after purchasing an additional 501,918 shares in the last quarter.
Finally, Principal Financial Group Inc. boosted its holdings in shares of Sunrun by 33.7% during the 3rd quarter.
Principal Financial Group Inc. now owns 1,460,949 shares of the energy company’s stock worth $26,385,000 after purchasing an additional 367,835 shares during the last quarter. Institutional investors and hedge funds own 91.
69% of the company’s stock. Insiders Place Their Bets In other news, insider Jeanna Steele sold 9,942 shares of the business’s stock in a transaction that occurred on Monday, April 7th. The shares were sold at an average price of $6.
74, for a total transaction of $67,009.08. Following the completion of the sale, the insider now owns 291,238 shares in the company, valued at approximately $1,962,944.
12. The trade was a 3.30 % decrease in their position.
The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link . Also, CRO Paul S. Dickson sold 19,343 shares of Sunrun stock in a transaction on Monday, April 7th.
The stock was sold at an average price of $6.74, for a total transaction of $130,371.82.
Following the sale, the executive now owns 399,729 shares in the company, valued at $2,694,173.46. This represents a 4.
62 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold 188,540 shares of company stock worth $1,530,444 in the last 90 days.
Corporate insiders own 3.77% of the company’s stock. Sunrun Stock Performance Analyst Upgrades and Downgrades A number of equities analysts recently commented on the company.
JPMorgan Chase & Co. reduced their price objective on Sunrun from $22.00 to $18.
00 and set an “overweight” rating on the stock in a research report on Thursday, January 23rd. StockNews.com raised shares of Sunrun to a “sell” rating in a research report on Friday, December 20th.
Jefferies Financial Group lowered shares of Sunrun from a “buy” rating to a “hold” rating and dropped their price objective for the company from $14.00 to $8.00 in a report on Wednesday, March 12th.
Wells Fargo & Company reduced their target price on shares of Sunrun from $15.00 to $12.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th.
Finally, TD Cowen dropped their price target on shares of Sunrun from $18.00 to $14.00 and set a “buy” rating for the company in a research note on Friday, February 28th.
Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat, Sunrun has a consensus rating of “Moderate Buy” and an average target price of $16.58.
Check Out Our Latest Research Report on RUN Sunrun Profile ( Free Report ) 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.
Featured Stories Want to see what other hedge funds are holding RUN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sunrun Inc. ( NASDAQ:RUN – Free Report ).
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