Sean Goodrich Sells 198,200 Shares of Boost Run (NASDAQ:BRUN) Stock

Boost Run (NASDAQ:BRUN) Director Sean Goodrich sold 198,200 shares of the business’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $20.15, for a total value of $3,993,730.00. Following the completion of the sale, the director directly owned 4,937,921 shares in the company, valued at $99,499,108.15. This represents a 3.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Boost Run Stock Down 17.3%

Shares of Boost Run stock opened at $17.05 on Friday. The company has a fifty day moving average price of $24.48. Boost Run has a fifty-two week low of $15.58 and a fifty-two week high of $42.00.

Boost Run (NASDAQ:BRUN) last announced its earnings results on Friday, August 14th. The company reported ($0.24) earnings per share for the quarter. The company had revenue of $31.14 million during the quarter.

Institutional Investors Weigh In On Boost Run

Hedge funds have recently modified their holdings of the stock. Fund 1 Investments LLC acquired a new position in shares of Boost Run in the 2nd quarter valued at $1,005,000. Greenland Capital Management LP acquired a new stake in Boost Run during the 2nd quarter worth about $2,615,000. FirstWave Capital Management LLC acquired a new stake in Boost Run during the 2nd quarter worth about $3,440,000. Wellington Management Group LLP purchased a new stake in Boost Run during the second quarter valued at about $24,033,000. Finally, Harraden Circle Investments LLC purchased a new stake in Boost Run during the second quarter valued at about $28,390,000.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. DA Davidson lifted their price objective on shares of Boost Run from $25.00 to $45.00 and gave the stock a “buy” rating in a research note on Monday, June 1st. Wall Street Zen upgraded shares of Boost Run from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. Craig Hallum reissued a “buy” rating on shares of Boost Run in a research note on Wednesday, July 1st. BTIG Research restated a “buy” rating and set a $45.00 target price on shares of Boost Run in a report on Friday, August 14th. Finally, Weiss Ratings started coverage on shares of Boost Run in a research report on Tuesday, June 23rd. They issued a “sell (d)” rating on the stock. Three investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $45.00.

Boost Run is a technology company in the Internet Services & Infrastructure industry.