Is this U.S.-China selloff a buy? A top Wall Street voice weighs in
Sunrun Inc. (NASDAQ:RUN) Chief Financial Officer Danny Abajian sold 9,055 shares of common stock on October 6, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sale comes as the stock has shown remarkable strength, posting a 201% gain over the past six months and trading near its 52-week high of $20.25. The shares were sold at a weighted average price of $19.3478, for a total value of $175,194. The price per share ranged from $19.18 to $19.48.
On the same day, Abajian also disposed of 8,991 shares of Sunrun common stock, and acquired 8,991 shares, in transactions categorized as gifts. The price per share for these transactions was $0.
Following the reported transactions, Abajian directly owns 424,606 shares of Sunrun, which includes 410,159 restricted stock units that are subject to forfeiture until they vest. He also indirectly owns 209,506 shares through the Abajian Family Trust, where he serves as co-trustee.
The sale was to cover tax obligations from the settlement of vested restricted stock units.
In other recent news, Goldman Sachs has reiterated its Buy rating on Sunrun, maintaining a price target of $19. This comes after Sunrun’s recent securitization of $510 million in leases and power purchase agreements, marking its fifth issuance in 2025. Barclays has also maintained its rating on Sunrun at Equalweight, with a $15 price target, citing the company’s strategic momentum and storage-first approach. Meanwhile, Daiwa has maintained a negative outlook on the China solar sector, despite a decline in industry inventory levels over nine consecutive weeks. The firm noted that photovoltaic glass average selling prices remained unchanged. Additionally, U.S. solar stocks have shown positive movement as China’s efforts to combat deflation have led to a gradual price recovery in the solar sector. In political developments, former President Donald Trump criticized renewable energy sources, highlighting their perceived economic impact.
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