Sean Goodrich Sells 500,000 Shares of Boost Run (NASDAQ:BRUN) Stock

Boost Run (NASDAQ:BRUN) Director Sean Goodrich sold 500,000 shares of the company’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $14.00, for a total transaction of $7,000,000.00. Following the sale, the director directly owned 4,437,921 shares in the company, valued at $62,130,894. This trade represents a 10.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Sean Goodrich also recently made the following trade(s):

• On Thursday, August 27th, Sean Goodrich sold 198,200 shares of Boost Run stock. The shares were sold at an average price of $20.15, for a total transaction of $3,993,730.00.

Boost Run Price Performance

Shares of Boost Run stock traded up $1.59 during trading on Wednesday, hitting $15.16. 4,210,911 shares of the stock were exchanged, compared to its average volume of 2,070,722. The stock has a fifty day moving average of $20.41. Boost Run has a 1-year low of $13.48 and a 1-year high of $42.00.

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

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. FirstWave Capital Management LLC bought a new stake in shares of Boost Run during the second quarter worth approximately $3,440,000. BlueCrest Capital Management Ltd bought a new position in shares of Boost Run during the second quarter worth approximately $1,940,000. AWM Investment Company Inc. bought a new position in shares of Boost Run during the second quarter worth approximately $31,581,000. Wellington Management Group LLP acquired a new stake in Boost Run during the 2nd quarter worth approximately $24,033,000. Finally, Greenland Capital Management LP acquired a new stake in Boost Run during the 2nd quarter worth approximately $2,615,000.

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