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Sunrun CEO Mary Powell sells $188,939 in shares

Sunrun CEO Mary Powell sells $188,939 in shares

Sunrun Inc. CEO Mary Powell initiated a share sale on October 6, 2026, transferring 24,335 of the company's common stock. The total value of this transaction amounted to $188,939, with the shares exchanged at a weighted average price of $7.7641, ranging from $7.67 to $7.845 per share. The sale was primarily executed to meet tax obligations resulting from the settlement of vested restricted stock units.

As a result, Powell now holds 1,087,200 shares of Sunrun common stock, comprising 540,119 restricted stock units (RSUs) that remain subject to forfeiture until vesting. Despite the recent downturn in the company's stock price, trading near its 52-week low and down 59% over the past year, Sunrun's operations remain profitable. Analysts view the company as undervalued at its current market price, with a low price-to-earnings (P/E) ratio of 5.09 and 17 additional ProTips available to subscribers.

Recent assessments from analysts, including Jefferies, Oppenheimer, and Mizuho, have triggered adjustments in price targets for Sunrun, reflecting the challenges presented by rising interest rates and the company's fluctuating financial guidance. Notably, Sunrun recently contributed to California's grid stability by supplying 580 megawatts of peak power during a heat wave, alongside Tesla, utilizing over 140,000 home batteries equivalent to a large power plant's capacity.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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