RUN

Why Is RUN Falling Today?

Sunrun stock is trading -42.59% below its average target price of $20.11 after dropping -3.1% during today's afternoon session. Analysts are giving the mid-cap Solar company an average rating of buy and target prices ranging from $10.0 to $43.0 per share.

Sunrun has an elevated short interest of 32.9%. The stock's short ratio, or the number of days needed for all shorts to cover their positions, is 4.21. Only 2.67% of the company's shares are owned by insiders, indicating that management does not have a deep alignment of interest with its shareholders. 100.9% of Sunrun shares are held by institutional investors, which indicates a high level of confidence in the stock.

Institutions Invested in Sunrun

Date Reported Holder Percentage Shares Value
2023-09-30 Blackrock Inc. 15% 32,749,898 $378,097,574
2023-09-30 Vanguard Group Inc 9% 19,405,097 $224,031,846
2023-09-30 Grantham, Mayo, Van Otterloo & Co. LLC 7% 14,182,106 $163,732,414
2023-09-30 Orbis Allan Gray Ltd 6% 13,997,252 $161,598,275
2023-09-30 BNP Paribas Asset Management Holding S.A. 5% 10,593,210 $122,298,610
2023-09-30 Greenvale Capital, LLP 3% 7,200,000 $83,124,000
2023-09-30 Invesco Ltd. 3% 7,137,991 $82,408,106
2023-09-30 State Street Corporation 3% 6,484,680 $74,865,631
2023-09-30 Amundi 2% 5,070,965 $58,544,291
2023-09-30 DnB Asset Management AS 2% 4,785,037 $55,243,252

For these reasons, we consider that the Sunrun is the subject of mixed market sentiment.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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