Boost Run (NASDAQ:BRUN) Director Sean Goodrich Sells 198,200 Shares

Boost Run (NASDAQ:BRUN) Director Sean Goodrich sold 198,200 shares of the company’s stock in a transaction 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 completion of the transaction, the director owned 4,937,921 shares of the company’s stock, valued at $99,499,108.15. The trade was a 3.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Boost Run Trading Down 17.3%

NASDAQ BRUN opened at $17.05 on Friday. The stock’s 50-day simple moving average is $24.48. Boost Run has a twelve month low of $15.58 and a twelve month 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 during the quarter.

Institutional Investors Weigh In On Boost Run

Large investors have recently modified their holdings of the stock. Fund 1 Investments LLC acquired a new position in Boost Run during the 2nd quarter worth approximately $1,005,000. Greenland Capital Management LP acquired a new stake in Boost Run in the second quarter valued at approximately $2,615,000. FirstWave Capital Management LLC acquired a new stake in Boost Run in the second quarter valued at approximately $3,440,000. Wellington Management Group LLP purchased a new stake in shares of Boost Run during the second quarter valued at approximately $24,033,000. Finally, Harraden Circle Investments LLC purchased a new stake in shares of Boost Run during the second quarter valued at approximately $28,390,000.

Analyst Ratings Changes

Several equities analysts recently commented on BRUN shares. BTIG Research reaffirmed a “buy” rating and set a $45.00 price target on shares of Boost Run in a research report on Friday, August 14th. Craig Hallum reiterated a “buy” rating on shares of Boost Run in a report on Wednesday, July 1st. Weiss Ratings began coverage on shares of Boost Run in a research note on Tuesday, June 23rd. They set 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 report on Monday, June 1st. Finally, Wall Street Zen raised Boost Run from a “sell” rating to a “hold” rating in a research report on Saturday, August 22nd. Three analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $45.00.

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