Crestwood Advisors Group LLC Has $321,000 Holdings in Sunrun Inc. (NASDAQ:RUN)

Crestwood Advisors Group LLC lessened its stake in Sunrun Inc. (NASDAQ:RUN) by 4.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,716 shares of the energy company’s stock after selling 1,676 shares during the quarter. Crestwood Advisors Group LLC’s holdings in Sunrun were worth $321,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in RUN. Blue Trust Inc. increased its position in Sunrun by 385.5% in the 3rd quarter. Blue Trust Inc. now owns 1,845 shares of the energy company’s stock valued at $33,000 after acquiring an additional 1,465 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new stake in Sunrun in the 3rd quarter valued at about $181,000. International Assets Investment Management LLC grew its position in shares of Sunrun by 1,706.3% during the 3rd quarter. International Assets Investment Management LLC now owns 1,734 shares of the energy company’s stock worth $31,000 after buying an additional 1,638 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Sunrun by 55.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 125,000 shares of the energy company’s stock worth $2,312,000 after buying an additional 44,846 shares during the period. Finally, First Trust Direct Indexing L.P. grew its position in shares of Sunrun by 21.7% during the 3rd quarter. First Trust Direct Indexing L.P. now owns 20,612 shares of the energy company’s stock worth $372,000 after buying an additional 3,676 shares during the period. Institutional investors and hedge funds own 91.69% of the company’s stock.

Insider Transactions at Sunrun

In related news, CRO Paul S. Dickson sold 2,968 shares of the stock in a transaction on Monday, January 6th. The shares were sold at an average price of $11.18, for a total transaction of $33,182.24. Following the completion of the transaction, the executive now owns 418,492 shares in the company, valued at approximately $4,678,740.56. This represents a 0.70 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Lynn Michelle Jurich sold 50,000 shares of the stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $9.10, for a total transaction of $455,000.00. Following the transaction, the director now owns 941,753 shares of the company’s stock, valued at $8,569,952.30. The trade was a 5.04 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 164,830 shares of company stock valued at $1,572,147 over the last 90 days. 3.77% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

RUN has been the subject of several analyst reports. Oppenheimer lowered their price target on shares of Sunrun from $22.00 to $20.00 and set an “outperform” rating for the company in a research report on Friday, November 8th. BNP Paribas upgraded shares of Sunrun from a “neutral” rating to an “outperform” rating and set a $16.00 price target for the company in a research report on Tuesday, January 7th. Morgan Stanley lowered their price target on shares of Sunrun from $35.00 to $27.00 and set an “overweight” rating for the company in a research report on Friday, November 15th. TD Cowen initiated coverage on shares of Sunrun in a research report on Thursday, December 19th. They set a “buy” rating and a $21.00 price target for the company. Finally, Jefferies Financial Group lowered their price target on shares of Sunrun from $19.00 to $17.00 and set a “buy” rating for the company in a research report on Tuesday, January 28th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $18.36.

Sunrun Stock Performance

Shares of RUN opened at $8.37 on Wednesday. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.15 and a current ratio of 1.47. Sunrun Inc. has a twelve month low of $7.87 and a twelve month high of $22.26. The firm’s 50 day moving average price is $9.37 and its two-hundred day moving average price is $13.26. The firm has a market cap of $1.88 billion, a P/E ratio of -4.60 and a beta of 2.59.

Sunrun Company Profile

Sunrun Inc designs, develops, installs, sells, owns, and maintains residential solar energy systems in the United States. It also sells solar energy systems and products, such as panels and racking; and solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems; and sells services to commercial developers through multi-family and new homes.