Tiger Global Buys More Sunrun ~ market folly

Monday, October 15, 2018

Tiger Global Buys More Sunrun

Chase Coleman's hedge fund firm Tiger Global has filed a Form 4 with the SEC regarding its position in Sunrun (RUN).  Per the filing, Tiger Global now owns over 15.23 million shares.

They purchased RUN shares on October 9th, 10th, and 11th at weighted average prices of $11.1267, $11.9614, and $11.9757.  In total, they bought 231,357 shares.

As we've detailed previously, Tiger Global has increased its stake over the course of the year.

Per Yahoo Finance, Sunrun "engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. It also sells solar leads. The company markets and sells its products through direct channels, partner channels, mass media, digital media, canvassing, referral, retail, and field marketing. Sunrun Inc. was founded in 2007 and is headquartered in San Francisco, California."

blog comments powered by Disqus