88,631 Shares in Boost Run $BRUN Purchased by FirstWave Capital Management LLC

FirstWave Capital Management LLC purchased a new stake in shares of Boost Run (NASDAQ:BRUN) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 88,631 shares of the company’s stock, valued at approximately $3,440,000. Boost Run accounts for approximately 1.5% of FirstWave Capital Management LLC’s portfolio, making the stock its 19th largest holding.

Separately, AWM Investment Company Inc. bought a new stake in shares of Boost Run during the second quarter valued at approximately $31,581,000.

Analysts Set New Price Targets

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

Insider Buying and Selling at Boost Run

In related news, Director Sean Goodrich sold 198,200 shares of the stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $20.15, for a total value of $3,993,730.00. Following the transaction, the director directly owned 4,937,921 shares in the company, valued at $99,499,108.15. This represents a 3.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Boost Run Price Performance

Shares of BRUN stock opened at $17.64 on Friday. Boost Run has a 12 month low of $15.56 and a 12 month high of $42.00. The stock has a 50-day moving average price of $22.74.

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

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