Vivint Solar Inc (NYSE:VSLR) COO Bryan Christiansen sold 60,210 shares of Vivint Solar stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of $3.44, for a total value of $207,122.40. Following the completion of the transaction, the chief operating officer now owns 272,252 shares in the company, valued at approximately $936,546.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Bryan Christiansen also recently made the following trade(s):
- On Wednesday, December 6th, Bryan Christiansen sold 31,700 shares of Vivint Solar stock. The stock was sold at an average price of $3.25, for a total value of $103,025.00.
Vivint Solar Inc (NYSE VSLR) traded up $0.05 during trading on Thursday, hitting $3.75. The company had a trading volume of 529,845 shares, compared to its average volume of 440,566. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.18 and a quick ratio of 1.05. Vivint Solar Inc has a 12-month low of $2.55 and a 12-month high of $6.09.
VSLR has been the subject of several recent analyst reports. ValuEngine downgraded Vivint Solar from a “hold” rating to a “sell” rating in a report on Friday, September 1st. BidaskClub downgraded Vivint Solar from a “buy” rating to a “hold” rating in a report on Thursday, September 14th. Guggenheim initiated coverage on Vivint Solar in a report on Wednesday, September 27th. They issued a “buy” rating and a $5.00 price target for the company. TheStreet raised Vivint Solar from a “d” rating to a “c” rating in a report on Monday, October 2nd. Finally, Zacks Investment Research downgraded Vivint Solar from a “buy” rating to a “hold” rating in a report on Thursday, October 12th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $5.05.
Several institutional investors have recently added to or reduced their stakes in the stock. Quentec Asset Management LLC lifted its holdings in shares of Vivint Solar by 24.5% during the third quarter. Quentec Asset Management LLC now owns 3,964,748 shares of the company’s stock worth $13,480,000 after purchasing an additional 781,333 shares during the period. Vanguard Group Inc. raised 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 acquiring an additional 329,748 shares in the last quarter. GCA Investment Management LLC purchased a new position in Vivint Solar during the second quarter valued at approximately $4,556,000. State Street Corp raised its position in Vivint Solar by 5.8% during the second quarter. State Street Corp now owns 363,520 shares of the company’s stock valued at $2,127,000 after acquiring an additional 20,027 shares in the last quarter. Finally, Virtu KCG Holdings LLC raised 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 acquiring an additional 132,751 shares in the last quarter. 92.60% of the stock is owned by hedge funds and other institutional investors.
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.
Receive News & Ratings for Vivint Solar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vivint Solar and related companies with MarketBeat.com's FREE daily email newsletter.