KD Logo

RUN (Sunrun Inc) may reap gains as insiders became active recently

Sunrun Inc’s recent filing unveils that its Director Jurich Lynn Michelle unloaded Company’s shares for reported $0.85 million on Jul 19 ’24. In the deal valued at $16.93 per share,50,000 shares were sold. As a result of this transaction, Jurich Lynn Michelle now holds 1,294,383 shares worth roughly $21.4 million.

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

Then, Powell Mary sold 5,569 shares, generating $70,260 in total proceeds. Upon selling the shares at $12.62, the Chief Executive Officer now owns 581,341 shares.

Before that, Abajian Danny sold 4,662 shares. Sunrun Inc shares valued at $58,840 were divested by the Chief Financial Officer at a price of $12.62 per share. As a result of the transaction, Abajian Danny now holds 283,098 shares, worth roughly $4.68 million.

Janney downgraded its Sunrun Inc [RUN] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who decreased its forecast for the stock in early January from “an Overweight” to “a Sector weight”. Piper Sandler also remained covering RUN and has increased its forecast on December 19, 2023 with a “an Overweight” recommendation from previously “Neutral” rating. Jefferies started covering the stock on December 15, 2023. It rated RUN as “a Buy”.

Price Performance Review of RUN

On Monday, Sunrun Inc [NASDAQ:RUN] saw its stock fall -1.14% to $16.53. Over the last five days, the stock has gained 1.22%. Sunrun Inc shares have fallen nearly -15.79% since the year began. Nevertheless, the stocks have fallen -13.91% over the past one year. While a 52-week high of $22.16 was reached on 01/02/24, a 52-week low of $8.43 was recorded on 03/14/24. SMA at 50 days reached $14.60, while 200 days put it at $13.33. A total of 10.95 million shares were traded, compared to the trading of 11.99 million shares in the previous session.

Levels Of Support And Resistance For RUN Stock

The 24-hour chart illustrates a support level at 15.21, which if violated will result in even more drops to 13.88. On the upside, there is a resistance level at 17.44. A further resistance level may holdings at 18.34. The Relative Strength Index (RSI) on the 14-day chart is 54.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.77%. Stochastics%K at 46.80% indicates the stock is a holding.

The most recent change occurred on November 21, 2023 when Mizuho began covering the stock and recommended ‘”a Buy”‘ rating along with a $23 price target.

Most Popular