Sunrun CEO Powell sells $28,501 in shares

Published 04/09/2025, 01:44
Sunrun CEO Powell sells $28,501 in shares

Sunrun Inc. (NASDAQ:RUN) CEO Mary Powell sold 1,809 shares of common stock on September 2, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sale comes amid a strong year for Sunrun’s stock, which has surged 78% year-to-date and 145% over the past six months, though InvestingPro data shows the stock typically experiences high price volatility. The shares were sold at a weighted average price of $15.7552, for a total value of $28,501. The price per share ranged from $15.71 to $15.815.

The transaction was to cover tax obligations from the settlement of vested restricted stock units. Following the transaction, Powell directly owns 891,431 shares of Sunrun, which includes 627,433 restricted stock units subject to forfeiture until they vest.

In other recent news, Sunrun has been the focus of several analyst updates and strategic evaluations. RBC Capital upgraded Sunrun’s stock rating from Sector Perform to Outperform, raising the price target to $16.00 due to increased clarity on long-term opportunities following treasury guidance. Similarly, GLJ Research upgraded Sunrun’s rating from Sell to Hold, highlighting favorable U.S. Treasury guidance for the residential solar sector as a key factor. Wells Fargo also raised its price target for Sunrun to $14.00 from $8.00, maintaining an Overweight rating. The bank’s valuation framework considers both short-term cash generation and long-term value.

Barclays has maintained its Equalweight rating with a $15.00 price target, citing Sunrun’s strong strategic positioning and favorable conditions for its solar Investment Tax Credit and storage strategy. The investment bank noted Sunrun’s robust safe harbor positioning through 2029 and differentiated scale as strengths in navigating market transitions. Meanwhile, President Donald Trump has criticized renewable energy sources, including solar, for their economic impact, though this did not directly affect Sunrun’s analyst ratings. These developments reflect a mix of strategic insights and market evaluations impacting Sunrun’s position in the renewable energy sector.

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