Paul Dickson Sells 15,613 Shares of Sunrun (NASDAQ:RUN) Stock

Sunrun Inc. (NASDAQ:RUN) CRO Paul Dickson sold 15,613 shares of Sunrun stock in a transaction on Monday, July 6th. The shares were sold at an average price of $13.18, for a total value of $205,779.34. Following the sale, the executive directly owned 839,539 shares in the company, valued at $11,065,124.02. The trade was a 1.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sunrun Trading Down 1.6%

Shares of RUN stock opened at $12.01 on Thursday. Sunrun Inc. has a 1 year low of $9.01 and a 1 year high of $22.44. The firm has a market capitalization of $2.86 billion, a PE ratio of 5.64 and a beta of 2.32. The stock has a fifty day moving average of $13.66 and a two-hundred day moving average of $15.32. The company has a debt-to-equity ratio of 3.44, a quick ratio of 1.09 and a current ratio of 1.45.

Sunrun (NASDAQ:RUN) last issued its quarterly earnings results on Wednesday, May 6th. The energy company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.67. Sunrun had a return on equity of 14.06% and a net margin of 17.88%.The company had revenue of $722.23 million for the quarter, compared to analyst estimates of $688.50 million. During the same period last year, the company earned $0.20 earnings per share. The company’s quarterly revenue was up 43.2% compared to the same quarter last year. As a group, research analysts expect that Sunrun Inc. will post 1.09 EPS for the current year.

More Sunrun News

Here are the key news stories impacting Sunrun this week:

• Positive Sentiment: Sunrun launched a pilot program to convert part of its 1.1 million-customer home energy network into a distributed AI compute platform, creating a potential new business line tied to AI demand. Sunrun Launches Distributed AI Data Center Pilot Backed By Existing Home Energy Generation
• Positive Sentiment: The company’s AI initiative is being framed as a high-margin opportunity that could leverage its installed solar, battery, and grid-service infrastructure without requiring a traditional data center buildout. Sunrun Launches Distributed AI Data Center Pilot Backed By Existing Home Energy Generation
• Neutral Sentiment: Analysts and media are highlighting the concept of using customer homes as “inference nodes,” which could attract investor attention but remains an early-stage pilot rather than a proven earnings driver. Sunrun Wants to Turn a Million Homes Into an AI Data Center
• Neutral Sentiment: Several insiders, including the CEO and CFO, sold shares, but the filings indicate the sales were made to cover tax withholding obligations tied to vesting equity awards, limiting the negative signal for investors. Maria Barak Sells 1,747 Shares of Sunrun (NASDAQ:RUN) Stock
• Neutral Sentiment: A Barron’s article also discussed the broader idea that residential solar systems could help power AI data centers, adding to the market’s enthusiasm around Sunrun’s new pilot. Your Solar Panels Could Be Used to Power AI Data Centers

Analysts Set New Price Targets

RUN has been the subject of several recent analyst reports. The Goldman Sachs Group reiterated a “buy” rating and issued a $18.00 price objective on shares of Sunrun in a report on Thursday, May 7th. JPMorgan Chase & Co. decreased their price target on Sunrun from $25.00 to $22.00 and set an “overweight” rating for the company in a research note on Thursday, April 16th. Glj Research reiterated a “sell” rating on shares of Sunrun in a research report on Wednesday, June 24th. TD Cowen dropped their price objective on Sunrun from $23.00 to $21.00 and set a “buy” rating on the stock in a research note on Thursday, May 7th. Finally, Weiss Ratings upgraded Sunrun from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, June 24th. Eleven investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $18.87.

Institutional Trading of Sunrun

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Royal Bank of Canada grew its position in Sunrun by 5.1% in the first quarter. Royal Bank of Canada now owns 626,536 shares of the energy company’s stock worth $3,672,000 after buying an additional 30,175 shares during the last quarter. Integrated Wealth Concepts LLC lifted its position in shares of Sunrun by 47.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 32,767 shares of the energy company’s stock valued at $192,000 after acquiring an additional 10,598 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Sunrun by 2.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 238,360 shares of the energy company’s stock valued at $1,397,000 after acquiring an additional 5,882 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in shares of Sunrun by 511.0% during the 1st quarter. Jones Financial Companies Lllp now owns 27,026 shares of the energy company’s stock worth $158,000 after acquiring an additional 22,603 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Sunrun by 45.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,306,808 shares of the energy company’s stock worth $13,518,000 after acquiring an additional 718,955 shares in the last quarter. 91.69% of the stock is currently owned by institutional investors.

About Sunrun

Sunrun, Inc (NASDAQ: RUN) is a leading provider of residential solar energy systems in the United States. The company designs, installs and maintains rooftop solar panels and battery storage solutions for homeowners under flexible financing arrangements. Customers can choose from leasing, power purchase agreements or solar ownership models, all of which are supported by Sunrun’s network of installation partners and service technicians. Sunrun also offers integrated home energy management services, including its Brightbox battery storage product, which enables customers to store solar energy for use during peak hours or power outages.

Founded in 2007 by Lynn Jurich, Ed Fenster and Nat Kreamer, Sunrun is headquartered in San Francisco, California.