Wellington Management Group LLP Acquires Shares of 619,239 Boost Run $BRUN

Wellington Management Group LLP acquired a new stake in Boost Run (NASDAQ:BRUN) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 619,239 shares of the company’s stock, valued at approximately $24,033,000.

Separately, AWM Investment Company Inc. purchased a new position in shares of Boost Run during the second quarter worth $31,581,000.

Insider Buying and Selling at Boost Run

In related news, Director Sean Goodrich sold 198,200 shares of the company’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $20.15, for a total transaction of $3,993,730.00. Following the completion of the transaction, the director owned 4,937,921 shares in the company, valued at $99,499,108.15. This represents a 3.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Boost Run Stock Performance

Boost Run stock opened at $17.64 on Friday. The company has a fifty day moving average of $22.74. Boost Run has a 1 year low of $15.56 and a 1 year high of $42.00.

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

Wall Street Analyst Weigh In

Several equities research analysts have commented on BRUN shares. Craig Hallum reaffirmed a “buy” rating on shares of Boost Run in a report on Wednesday, July 1st. Wall Street Zen raised Boost Run from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. Weiss Ratings assumed coverage on Boost Run in a research note on Tuesday, June 23rd. They issued a “sell (d)” rating on the stock. BTIG Research reaffirmed a “buy” rating and set a $45.00 target price on shares of Boost Run in a report on Friday, August 14th. Finally, DA Davidson boosted their price target on Boost Run from $25.00 to $45.00 and gave the company a “buy” rating in a report on Monday, June 1st. Three analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company 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.