Sunrun Inc’s recently made public that its Director Jurich Lynn Michelle unloaded Company’s shares for reported $0.73 million on Oct 18 ’24. In the deal valued at $14.60 per share,50,000 shares were sold. As a result of this transaction, Jurich Lynn Michelle now holds 1,142,446 shares worth roughly $15.71 million.
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Then, Jurich Lynn Michelle bought 50,000 shares, generating $729,899 in total proceeds.
Before that, STEELE JEANNA sold 2,624 shares. Sunrun Inc shares valued at $42,896 were divested by the Chief Legal & People Officer at a price of $16.35 per share. As a result of the transaction, STEELE JEANNA now holds 305,636 shares, worth roughly $4.2 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 -5.89% to $13.75. Over the last five days, the stock has lost -12.14%. Sunrun Inc shares have fallen nearly -29.95% since the year began. Nevertheless, the stocks have risen 29.96% over the past one year. While a 52-week high of $22.26 was reached on 08/26/24, a 52-week low of $8.43 was recorded on 03/14/24. SMA at 50 days reached $18.25, while 200 days put it at $14.65.
Levels Of Support And Resistance For RUN Stock
The 24-hour chart illustrates a support level at 13.23, which if violated will result in even more drops to 12.71. On the upside, there is a resistance level at 14.42. A further resistance level may holdings at 15.10. The Relative Strength Index (RSI) on the 14-day chart is 27.02, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.45, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.73%. Stochastics %K at 5.50% indicates the stock is a buying.
How much short interest is there in Sunrun Inc?
A steep rise in short interest was recorded in Sunrun Inc stocks on 2024-09-30, dropping by -1.59 million shares to a total of 45.09 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 46.69 million shares. There was a decline of -3.54%, which implies that there is a negative sentiment for the stock.
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.
