Boost Run (NASDAQ:BRUN) Now Covered by Northland Securities

Analysts at Northland Securities initiated coverage on shares of Boost Run (NASDAQ:BRUN) in a research note issued on Friday, Briefing.com reports. The firm set an “outperform” rating and a $36.00 price target on the stock. Northland Securities’ price objective points to a potential upside of 115.83% from the company’s current price.

Several other analysts have also commented on BRUN. BTIG Research reaffirmed a “buy” rating and set a $45.00 target price on shares of Boost Run in a report on Friday, August 14th. Weiss Ratings started coverage on Boost Run in a report on Tuesday, June 23rd. They issued a “sell (d)” rating for the company. DA Davidson upped their price objective on Boost Run from $25.00 to $45.00 and gave the stock a “buy” rating in a research report on Monday, June 1st. Craig Hallum reaffirmed a “buy” rating on shares of Boost Run in a research note on Wednesday, July 1st. Finally, Wall Street Zen raised shares of Boost Run from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. Four analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $42.75.

Boost Run Price Performance

Shares of Boost Run stock opened at $16.68 on Friday. The business’s fifty day simple moving average is $19.85. Boost Run has a 1 year low of $13.48 and a 1 year high of $42.00.

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

Insider Activity at Boost Run

In other news, Director Sean Goodrich sold 500,000 shares of the firm’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $14.00, for a total transaction of $7,000,000.00. Following the sale, the director directly owned 4,437,921 shares in the company, valued at $62,130,894. This trade represents a 10.13% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Hedge Funds Weigh In On Boost Run

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

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