Boost Run (NASDAQ:BRUN) Director Sells $3,993,730.00 in Stock

Boost Run (NASDAQ:BRUN) Director Sean Goodrich sold 198,200 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $20.15, for a total transaction of $3,993,730.00. Following the completion of the sale, the director directly owned 4,937,921 shares of the company’s stock, valued at $99,499,108.15. This trade represents a 3.86% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Boost Run Stock Performance

Shares of BRUN stock traded down $3.56 on Friday, hitting $17.05. 3,619,175 shares of the company’s stock traded hands, compared to its average volume of 2,049,295. The firm’s fifty day moving average is $24.87. Boost Run has a one year low of $15.58 and a one year high of $42.00.

Boost Run (NASDAQ:BRUN) last posted its quarterly earnings results on Friday, August 14th. The company reported ($0.24) earnings per share for the quarter. The business had revenue of $31.14 million for the quarter.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on BRUN. BTIG Research reissued a “buy” rating and issued a $45.00 target price on shares of Boost Run in a research note on Friday, August 14th. DA Davidson raised their price target on Boost Run from $25.00 to $45.00 and gave the stock a “buy” rating in a research report on Monday, June 1st. Wall Street Zen raised Boost Run from a “sell” rating to a “hold” rating in a research note on Saturday, August 22nd. Weiss Ratings assumed coverage on Boost Run in a research report on Tuesday, June 23rd. They issued a “sell (d)” rating for the company. Finally, Craig Hallum reissued a “buy” rating on shares of Boost Run in a research note on Wednesday, July 1st. Three investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Boost Run currently has an average rating of “Moderate Buy” and a consensus price target of $45.00.

Hedge Funds Weigh In On Boost Run

A number of hedge funds have recently modified their holdings of BRUN. AWM Investment Company Inc. purchased a new position in shares of Boost Run in the second quarter valued at about $31,581,000. Greenland Capital Management LP purchased a new stake in shares of Boost Run during the second quarter worth about $2,615,000. Harraden Circle Investments LLC purchased a new stake in shares of Boost Run during the second quarter worth about $28,390,000. Wellington Management Group LLP bought a new stake in shares of Boost Run in the second quarter worth about $24,033,000. Finally, FirstWave Capital Management LLC bought a new stake in shares of Boost Run in the second quarter worth about $3,440,000.

Boost Run is a technology company in the Internet Services & Infrastructure industry.