In a filing, Sunrun Inc revealed its Officer Powell Mary acquired Company’s shares for reported $20584.0 on Dec 02 ’24. In the deal valued at $11.66 per share,1,766 shares were bought.
Then, Jurich Lynn Michelle sold 50,000 shares, generating $497,230 in total proceeds. Upon selling the shares at $9.94, the Director now owns 1,092,446 shares.
Before that, Jurich Lynn Michelle bought 50,000 shares. Sunrun Inc shares valued at $497,232 were divested by the Director at a price of $9.94 per share.
Piper Sandler downgraded its Sunrun Inc [RUN] rating to a Neutral from a an Overweight in a research note published on November 22, 2024; the price target was decreased to $11 from $23. A number of analysts have revised their coverage, including Exane BNP Paribas’s analysts, who decreased its forecast for the stock in early November from “an Outperform” to “a Neutral”. Guggenheim also remained covering RUN and has decreased its forecast on November 07, 2024 with a “Neutral” recommendation from previously “Buy” rating. Janney revised its rating on February 27, 2024. It rated RUN as “a Neutral” which previously was an “a Buy”.
Price Performance Review of RUN
On Monday, Sunrun Inc [NASDAQ:RUN] saw its stock jump 1.21% to $11.67. Over the last five days, the stock has gained 11.04%. Sunrun Inc shares have fallen nearly -40.55% since the year began. Nevertheless, the stocks have fallen -9.53% over the past one year. While a 52-week high of $22.26 was reached on 08/26/24, a 52-week low of $9.23 was recorded on 11/12/24. SMA at 50 days reached $14.07, while 200 days put it at $14.25.
Levels Of Support And Resistance For RUN Stock
The 24-hour chart illustrates a support level at 11.37, which if violated will result in even more drops to 11.06. On the upside, there is a resistance level at 11.98. A further resistance level may holdings at 12.28. The Relative Strength Index (RSI) on the 14-day chart is 46.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.92, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 16.27%. Stochastics %K at 80.76% indicates the stock is a selling.
How much short interest is there in Sunrun Inc?
A steep rise in short interest was recorded in Sunrun Inc stocks on 2024-11-15, dropping by -0.2 million shares to a total of 46.42 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 46.62 million shares. There was a decline of -0.43%, which implies that there is a negative sentiment for the stock.
