Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Sunrun Inc shares valued at $22,491 were sold by STEELE JEANNA on Jan 06 ’25. At $11.18 per share, STEELE JEANNA sold 2,012 shares. The insider’s holdings dropped to 301,389 shares worth approximately $3.24 million following the completion of this transaction.
Also, Powell Mary sold 4,350 shares, netting a total of over 48,621 in proceeds. Following the sale of shares at $11.18 each, the insider now holds 560,321 shares.
Before that, Dickson Paul S. had sold 2,968 shares from its account. In a trade valued at $33,175, the Pres. & Chief Revenue Officer traded Sunrun Inc shares for $11.18 each. Upon closing the transaction, the insider’s holdings decreased to 2,968 shares, worth approximately $4.5 million.
As published in a research note from Exane BNP Paribas on January 07, 2025, Sunrun Inc [RUN] has been rated up from a Neutral to an Outperform and the price target has been revised to $16. Analysts at TD Cowen started covering the stock with ‘”a Buy”‘ outlook in a report released in mid December. As of November 22, 2024, Piper Sandler has decreased its “an Overweight” rating to a “Neutral” for RUN. Earlier on November 08, 2024, Exane BNP Paribas downgraded its rating. Their new recommendation was “a Neutral” for RUN stock which previously was a “an Outperform”.
Analyzing RUN Stock Performance
During the last five days, there has been a surge of approximately 16.22%. Over the course of the year, Sunrun Inc shares have jumped approximately 16.22%. Shares of the company reached a 52-week high of $11.88 on 01/07/25 and a 52-week low of $9.42 on 01/02/25. A 50-day SMA is recorded $11.09, while a 200-day SMA reached $14.03. Nevertheless, trading volume fell to 7.86 million shares from 10.18 million shares the previous day.
Support And Resistance Levels for Sunrun Inc (RUN)
According to the 24-hour chart, there is a support level at 10.45, which, if violated, would cause prices to drop to 10.16. In the upper region, resistance lies at 10.99. The next price resistance is at 11.24. RSI (Relative Strength Index) is 51.84 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.95, which suggests the price will decrease in the coming days. Percent R is at 39.37%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
