Sunrun Inc’s recent filing unveils that its Director Jurich Lynn Michelle unloaded Company’s shares for reported $0.47 million on Dec 19 ’24. In the deal valued at $9.42 per share,50,000 shares were sold. As a result of this transaction, Jurich Lynn Michelle now holds 1,041,753 shares worth roughly $11.16 million.
Then, Jurich Lynn Michelle bought 50,000 shares, generating $470,898 in total proceeds.
Before that, STEELE JEANNA sold 2,235 shares. Sunrun Inc shares valued at $23,112 were divested by the Chief Legal & People Officer at a price of $10.34 per share. As a result of the transaction, STEELE JEANNA now holds 303,401 shares, worth roughly $3.25 million.
TD Cowen initiated its Sunrun Inc [RUN] rating to a Buy in a research note published on December 19, 2024; the price target was $21. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in late November from “an Overweight” to “a Neutral”. Exane BNP Paribas also remained covering RUN and has decreased its forecast on November 08, 2024 with a “Neutral” recommendation from previously “an Outperform” rating. Guggenheim revised its rating on November 07, 2024. It rated RUN as “a Neutral” which previously was an “a Buy”.
Price Performance Review of RUN
On Friday, Sunrun Inc [NASDAQ:RUN] saw its stock jump 4.90% to $10.71. Over the last five days, the stock has gained 6.36%. Sunrun Inc shares have risen nearly 15.78% since the year began. Nevertheless, the stocks have fallen -41.92% over the past one year. While a 52-week high of $22.26 was reached on 01/03/25, a 52-week low of $9.01 was recorded on 01/02/25. SMA at 50 days reached $11.27, while 200 days put it at $14.04.
Levels Of Support And Resistance For RUN Stock
The 24-hour chart illustrates a support level at 10.40, which if violated will result in even more drops to 10.09. On the upside, there is a resistance level at 10.92. A further resistance level may holdings at 11.13. The Relative Strength Index (RSI) on the 14-day chart is 52.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 6.08%. Stochastics %K at 61.16% indicates the stock is a holding.
How much short interest is there in Sunrun Inc?
A steep rise in short interest was recorded in Sunrun Inc stocks on 2024-12-13, growing by 6.51 million shares to a total of 52.93 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 46.42 million shares. There was a rise of 12.29%, which implies that there is a positive sentiment for the stock.
