if change means solving one of the biggest challenges of our time by reinventing the way millions of people power their homes with affordable clean energy, then we say bring it on. at sunrun, we believe that running everything isn't just smart, it's brilliant. we’re doing the single most important thing we can–reinventing how homeowners get energy. it doesn’t hurt that we’re helping the planet, kick starting the economy and having fun while doing it. in 2007, sunrun co-founders ed fenster and lynn jurich set out to solve an important problem–the future of energy–by making home solar mainstream. upfront cost was a huge barrier to home solar adoption, so they invented a way to remove it. in this pioneering model known as solar service, sunrun allows homeowners to pay for the power, not the panels. this means sunrun owns, maintains and monitors the system while homeowners pay for the electricity it produces at a low, locked-in rate–saving them money over time. simply put, sunrun makes
Company profile
Ticker
RUN, 0A4S
Exchange
Website
CEO
Lynn Jurich
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
SunRun Inc.
SEC CIK
Corporate docs
Subsidiaries
AEE Solar, Inc. • Clean Energy Experts LLC • Sunrun Installation Services, Inc. • Sunrun PR Operations LLC • Sunrun Solar Electrical Corporation • Sunrun South LLC • Vivint Solar, Inc. • Vivint Solar Developer, LLC • Vivint Solar Holdings, Inc. • Corinthian Energy ...
RUN stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
15 Apr 24
8-K
Sunrun Inc. Announces Proposed Private Offering of $475 Million of Convertible Senior Notes
27 Feb 24
10-K
2023 FY
Annual report
21 Feb 24
8-K
Sunrun Reports Fourth Quarter and Full Year 2023 Financial Results
21 Feb 24
10-Q
2023 Q3
Quarterly report
1 Nov 23
8-K
Sunrun Reports Third Quarter 2023 Financial Results
1 Nov 23
8-K
Departure of Directors or Certain Officers
30 Aug 23
8-K
Departure of Directors or Certain Officers
7 Aug 23
10-Q
2023 Q2
Quarterly report
2 Aug 23
8-K
Sunrun Reports Second Quarter 2023 Financial Results
2 Aug 23
Transcripts
RUN
Earnings call transcript
2023 Q4
21 Feb 24
RUN
Earnings call transcript
2023 Q3
1 Nov 23
RUN
Earnings call transcript
2023 Q2
2 Aug 23
RUN
Earnings call transcript
2023 Q1
3 May 23
RUN
Earnings call transcript
2022 Q4
22 Feb 23
RUN
Earnings call transcript
2022 Q3
3 Nov 22
RUN
Earnings call transcript
2022 Q2
4 Aug 22
RUN
Earnings call transcript
2022 Q1
5 May 22
RUN
Earnings call transcript
2021 Q4
18 Feb 22
RUN
Earnings call transcript
2021 Q3
5 Nov 21
Latest ownership filings
4
Edward Harris Fenster
15 Apr 24
144
Notice of proposed sale of securities
11 Apr 24
4
JEANNA STEELE
10 Apr 24
4
Mary Powell
10 Apr 24
4
Paul S. Dickson
10 Apr 24
4
Danny Abajian
10 Apr 24
SC 13G/A
VANGUARD GROUP INC
10 Apr 24
4
Lynn Michelle Jurich
9 Apr 24
144
Notice of proposed sale of securities
8 Apr 24
144
Notice of proposed sale of securities
8 Apr 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 951.95 mm | 951.95 mm | 951.95 mm | 951.95 mm | 951.95 mm | 951.95 mm |
Cash burn (monthly) | (no burn) | 342.33 k | 480.36 mm | 207.01 mm | 21.08 mm | 84.12 mm |
Cash used (since last report) | n/a | 2.26 mm | 3.18 bn | 1.37 bn | 139.38 mm | 556.18 mm |
Cash remaining | n/a | 949.68 mm | -2.22 bn | -416.82 mm | 812.56 mm | 395.76 mm |
Runway (months of cash) | n/a | 2774.1 | -4.6 | -2.0 | 38.5 | 4.7 |
Institutional ownership, Q4 2023
76.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 297 |
Opened positions | 48 |
Closed positions | 149 |
Increased positions | 105 |
Reduced positions | 84 |
13F shares | Current |
---|---|
Total value | 2.49 tn |
Total shares | 167.17 mm |
Total puts | 4.29 mm |
Total calls | 9.48 mm |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 19.58 mm | $384.39 bn |
Orbis Investment Management | 14.21 mm | $0.00 |
Orbis Allan Gray | 14.21 mm | $278.99 bn |
Grantham, Mayo, Van Otterloo & Co. | 12.70 mm | $249.33 bn |
Foundation Capital Vi | 8.87 mm | $0.00 |
Greenvale Capital | 8.30 mm | $162.93 bn |
IVZ Invesco | 8.14 mm | $159.78 bn |
STT State Street | 6.70 mm | $131.55 bn |
BNP Paribas Asset Management Holding | 5.69 mm | $111.66 mm |
Amundi | 5.15 mm | $97.58 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Apr 24 | Fenster Edward Harris | Common Stock | Sell | Dispose S | No | No | 12.587 | 2,336 | 29.40 k | 1,261,317 |
11 Apr 24 | Fenster Edward Harris | Common Stock | Sell | Dispose S | No | No | 11.9401 | 170,584 | 2.04 mm | 1,263,653 |
11 Apr 24 | Fenster Edward Harris | Common Stock | Option exercise | Acquire M | No | Yes | 5.88 | 230,988 | 1.36 mm | 1,434,237 |
11 Apr 24 | Fenster Edward Harris | Employee Stock Option Common Stock | Option exercise | Dispose M | No | Yes | 5.88 | 230,988 | 1.36 mm | 0 |
10 Apr 24 | Danny Abajian | Common Stock | Grant | Acquire A | No | No | 0 | 144,477 | 0.00 | 290,540 |
10 Apr 24 | Jeanna Steele | Common Stock | Grant | Acquire A | No | No | 0 | 86,686 | 0.00 | 315,429 |
10 Apr 24 | Powell Mary | Common Stock | Grant | Acquire A | No | No | 0 | 211,900 | 0.00 | 591,668 |
10 Apr 24 | Dickson Paul S. | Common Stock | Grant | Acquire A | No | No | 0 | 163,741 | 0.00 | 447,513 |
8 Apr 24 | Danny Abajian | Common Stock | Gift | Acquire G | Yes | No | 0 | 17,671 | 0.00 | 128,731 |
8 Apr 24 | Danny Abajian | Common Stock | Gift | Dispose G | No | No | 0 | 17,671 | 0.00 | 146,063 |
News
What's Happening With Sunrun Stock?
11 Apr 24
Why Ascent Solar Technologies Shares Are Trading Lower By Around 50%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
10 Apr 24
The Analyst Landscape: 8 Takes On Sunrun
5 Apr 24
Peering Into Sunrun's Recent Short Interest
5 Apr 24
Susquehanna Maintains Positive on Sunrun, Maintains $25 Price Target
5 Apr 24
Press releases
Global Solar Charging Station Market Size Projected to Reach $2.88 Billion By 2031
11 Apr 24
Sunrun Prices $230 million Senior Securitization of Residential Solar & Battery Systems
10 Apr 24
Roivant Sciences Set to Join S&P MidCap 400; Sunrun to Join S&P SmallCap 600
26 Mar 24
Sunrun Inc. Announces Pricing of Offering of $475 Million of Convertible Senior Notes
23 Feb 24
Sunrun Inc. Announces Proposed Private Offering of $475 Million of Convertible Senior Notes
21 Feb 24