Vivint Solar, Inc. (NYSE:VSLR) COO Bryan Christiansen sold 31,700 shares of the firm’s stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $3.25, for a total transaction of $103,025.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of Vivint Solar, Inc. (VSLR) traded up $0.10 during mid-day trading on Friday, reaching $3.50. 183,400 shares of the company’s stock were exchanged, compared to its average volume of 440,627. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.05 and a current ratio of 1.18. Vivint Solar, Inc. has a 1 year low of $2.55 and a 1 year high of $6.09.

Vivint Solar (NYSE:VSLR) last announced its quarterly earnings results on Tuesday, November 7th. The company reported ($0.33) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.04). The business had revenue of $75.10 million for the quarter, compared to analyst estimates of $74.56 million. Vivint Solar had a net margin of 18.65% and a negative return on equity of 26.04%. The company’s quarterly revenue was up 81.8% on a year-over-year basis. During the same period last year, the firm earned ($0.36) earnings per share. equities research analysts anticipate that Vivint Solar, Inc. will post -1.48 earnings per share for the current fiscal year.

Several equities research analysts recently issued reports on the stock. ValuEngine cut shares of Vivint Solar from a “sell” rating to a “strong sell” rating in a research report on Friday, December 1st. Zacks Investment Research cut shares of Vivint Solar from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Bank of America assumed coverage on shares of Vivint Solar in a research report on Monday, November 6th. They issued a “buy” rating on the stock. TheStreet raised shares of Vivint Solar from a “d” rating to a “c” rating in a research report on Monday, October 2nd. Finally, BidaskClub raised shares of Vivint Solar from a “sell” rating to a “hold” rating in a research report on Thursday, October 5th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. Vivint Solar presently has an average rating of “Hold” and an average target price of $5.05.

Hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. acquired a new position in Vivint Solar during the second quarter valued at approximately $278,000. Neuberger Berman Group LLC lifted its position in Vivint Solar by 31.4% during the second quarter. Neuberger Berman Group LLC now owns 133,935 shares of the company’s stock valued at $784,000 after buying an additional 32,000 shares in the last quarter. Virtu KCG Holdings LLC lifted its position in Vivint Solar by 456.9% during the second quarter. Virtu KCG Holdings LLC now owns 161,804 shares of the company’s stock valued at $947,000 after buying an additional 132,751 shares in the last quarter. Vanguard Group Inc. lifted its position in Vivint Solar by 23.3% during the second quarter. Vanguard Group Inc. now owns 1,743,605 shares of the company’s stock valued at $10,200,000 after buying an additional 329,748 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its position in Vivint Solar by 9.0% during the second quarter. Alliancebernstein L.P. now owns 88,700 shares of the company’s stock valued at $519,000 after buying an additional 7,300 shares in the last quarter. 92.60% of the stock is currently owned by hedge funds and other institutional investors.

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Vivint Solar Company Profile

Vivint Solar, Inc offers distributed solar energy, electricity generated by a solar energy system installed at or near customers’ locations, to residential customers. Through investment funds, the Company owns solar energy systems it installs and provides solar electricity pursuant to long-term contracts with its customers.

Insider Buying and Selling by Quarter for Vivint Solar (NYSE:VSLR)

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