Sunrun (NASDAQ:RUN) Stock Price Down 8% on Insider Selling

Shares of Sunrun Inc. (NASDAQ:RUN – Get Rating) were down 8% on Tuesday following insider selling activity. The company traded as low as $34.07 and last traded at $34.09. Approximately 242,814 shares were traded during trading, a decline of 96% from the average daily volume of 6,158,003 shares. The stock had previously closed at $37.05.Specifically, insider Edward Harris Fenster sold 25,000 shares of the company’s stock in a transaction that occurred on Thursday, June 23rd. The shares were sold at an average price of $25.00, for a total transaction of $625,000.00. Following the completion of the sale, the insider now owns 1,585,134 shares of the company’s stock, valued at approximately $39,628,350. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Sunrun news, insider Edward Harris Fenster sold 25,000 shares of the business’s stock in a transaction dated Thursday, June 23rd. The stock was sold at an average price of $25.00, for a total transaction of $625,000.00. Following the completion of the transaction, the insider now owns 1,585,134 shares of the company’s stock, valued at $39,628,350. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Lynn Michelle Jurich sold 3,993 shares of the firm’s stock in a transaction that occurred on Monday, September 19th. The shares were sold at an average price of $37.04, for a total transaction of $147,900.72. Following the completion of the sale, the director now owns 1,449,459 shares in the company, valued at $53,687,961.36. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 387,151 shares of company stock worth $12,977,116. Company insiders own 4.29% of the company’s stock.

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