CenterBook Partners LP Purchases New Shares in Sunrun Inc. $RUN

CenterBook Partners LP acquired a new position in Sunrun Inc. (NASDAQ:RUN) during the third quarter, HoldingsChannel reports. The institutional investor acquired 531,371 shares of the energy company’s stock, valued at approximately $4,129,000.

A number of other large investors have also added to or reduced their stakes in the company. Summit Global Investments lifted its position in Sunrun by 8.5% during the third quarter. Summit Global Investments now owns 20,444 shares of the energy company’s stock valued at $159,000 after purchasing an additional 1,606 shares during the last quarter. Oppenheimer & Co. Inc. grew its position in Sunrun by 18.1% in the third quarter. Oppenheimer & Co. Inc. now owns 24,600 shares of the energy company’s stock worth $191,000 after acquiring an additional 3,770 shares in the last quarter. Robeco Schweiz AG grew its position in Sunrun by 28.5% in the third quarter. Robeco Schweiz AG now owns 5,478,228 shares of the energy company’s stock worth $42,566,000 after acquiring an additional 1,214,548 shares in the last quarter. Robeco Institutional Asset Management B.V. bought a new stake in Sunrun during the third quarter worth approximately $655,000. Finally, Diversify Advisory Services LLC increased its stake in Sunrun by 4.5% during the third quarter. Diversify Advisory Services LLC now owns 863,964 shares of the energy company’s stock worth $6,601,000 after acquiring an additional 36,887 shares during the last quarter. Institutional investors own 91.69% of the company’s stock.

Sunrun Price Performance

RUN stock opened at $9.98 on Friday. The stock has a market cap of $2.40 billion, a PE ratio of 5.04 and a beta of 2.35. Sunrun Inc. has a 12 month low of $6.78 and a 12 month high of $21.95. The company has a 50-day moving average price of $8.13 and a 200 day moving average price of $12.26. The company has a current ratio of 1.52, a quick ratio of 1.00 and a debt-to-equity ratio of 3.22.

Sunrun (NASDAQ:RUN) last posted its quarterly earnings data on Wednesday, November 4th. The energy company reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.40. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $757.53 million. Sunrun had a net margin of 14.01% and a return on equity of 12.31%. The firm’s revenue for the quarter was up 51.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.06 EPS. Equities research analysts anticipate that Sunrun Inc. will post 1.55 earnings per share for the current year.

Sunrun News Summary

Here are the key news stories impacting Sunrun this week:

• Positive Sentiment: Sunrun reported Q3 adjusted EPS of $0.56, ahead of analyst estimates, and revenue of $1.10 billion versus expectations of about $758 million. Revenue grew 51.7% year over year, providing a strong catalyst for the shares. Q3 earnings roundup
• Positive Sentiment: Management expects roughly $200 million in cash generation for 2026 and described its cash-flow outlook as meaningfully positive. Sunrun also reached 5 GWh of storage capacity and aims to double capacity by the end of 2028, supporting its growth opportunity in batteries and grid services. Cash-generation and storage plans
• Neutral Sentiment: Several analysts lowered their price targets but kept positive ratings: RBC cut its target to $10 while maintaining “outperform”; JPMorgan lowered its target to $11 with “overweight,” and Citi reduced its target to $13 with “buy.” The cuts temper optimism, though the firms remain constructive. RBC analyst recommendation
• Negative Sentiment: Q3 solar installations fell 15% year over year, and coverage of the results noted that Sunrun guided toward the low end of its outlook. These operating and guidance concerns could limit the earnings-driven upside. Installations and storage milestone

Insider Buying and Selling at Sunrun

In other news, CEO Mary Powell sold 24,335 shares of the company’s stock in a transaction that occurred on Tuesday, October 6th. The stock was sold at an average price of $7.76, for a total transaction of $188,839.60. Following the transaction, the chief executive officer owned 1,087,200 shares of the company’s stock, valued at approximately $8,436,672. This represents a 2.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CRO Paul Dickson sold 15,837 shares of the stock in a transaction that occurred on Tuesday, October 6th. The stock was sold at an average price of $7.76, for a total value of $122,895.12. Following the completion of the sale, the executive owned 823,702 shares in the company, valued at approximately $6,391,927.52. The trade was a 1.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 71,975 shares of company stock valued at $563,721. 3.55% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of brokerages have issued reports on RUN. Oppenheimer restated an “outperform” rating on shares of Sunrun in a research report on Thursday. TD Cowen dropped their target price on Sunrun from $21.00 to $16.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Citigroup dropped their target price on Sunrun from $14.00 to $13.00 and set a “buy” rating for the company in a report on Thursday. Glj Research reissued a “sell” rating and set a $4.63 target price on shares of Sunrun in a research report on Monday, August 17th. Finally, Jefferies Financial Group restated a “hold” rating and set a $7.00 price target on shares of Sunrun in a report on Friday, October 9th. Twelve analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $14.04.

About Sunrun

Sunrun Inc is a residential clean-energy company that designs, sells, installs, owns and maintains home solar energy systems. The company provides rooftop solar panels and related equipment through purchase and financing options, as well as subscription-based solar-as-a-service arrangements under which customers pay for the electricity their systems produce.

Sunrun also offers home energy storage through its Brightbox battery product. These systems can store solar-generated electricity for use when solar production is unavailable and may provide backup power during grid outages.