GuruFocus - On September 11, 2024, Edward Fenster, Director at Sunrun Inc (NASDAQ:RUN), executed a sale of 4,646 shares of the company. The transaction was filed on the same day through an SEC Filing. Following this transaction, the insider now directly owns 1,202,777 shares in the company.
Sunrun Inc (NASDAQ:RUN) is a leading provider of residential solar electricity, focusing on solar panel installation and home battery solutions. The company aims to create a planet run by the sun, enhancing sustainability and reducing carbon footprint.
Over the past year, Edward Fenster has sold a total of 499,433 shares and has not made any purchases. This recent transaction continues a trend observed over the past year, where there have been significantly more insider sells (67) than buys (1) at Sunrun Inc.
Shares of Sunrun Inc were trading at $18.01 on the day of the transaction. The company's market cap is approximately $4.25 billion. According to the GF Value, the intrinsic value estimate for Sunrun Inc is $19.82 per share, suggesting that the stock is Fairly Valued with a price-to-GF-Value ratio of 0.91.
The GF Value is determined by considering historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from analysts.
This insider sell event provides investors with a snapshot of recent insider activity at Sunrun Inc, which could be a useful piece of information when evaluating the company's stock for investment purposes.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
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