Insider Sale at Sunrun (RUN) Continues Selling Trend
10:20 PM EDT, 05/07/2021 (MT Newswires) -- One Sunrun insider Thomas Arthur vonReichbauer, Officer, today, sold 23,415 shares having a market value of approximately $1,037,369, as revealed in a form 4 document filed with the SEC. There have been 7 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 248,472 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 271,887 shares and have averaged 33,986 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Sunrun is above the 23-company peer group average. Photovoltaic Solar Systems & Equipment peer group saw 59 buy/sell trades during this period for an average of 2.6 transactions per company. The number of shares per buy/sell trade for Sunrun insiders was also higher. Within the peer group there were 0 shares purchased and 1,259,111 shares sold with company insiders having sold 21,341 shares on average.
The data obtained in evaluating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.
This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.