Vivint Solar Inc (NYSE:VSLR) insider L. Chance Allred sold 4,715 shares of the firm’s stock in a transaction dated Thursday, December 6th. The shares were sold at an average price of $5.07, for a total value of $23,905.05. Following the transaction, the insider now directly owns 164,836 shares in the company, valued at $835,718.52. The sale was disclosed in a document filed with the SEC, which is available at this link.

L. Chance Allred also recently made the following trade(s):

  • On Tuesday, November 20th, L. Chance Allred sold 3,489 shares of Vivint Solar stock. The shares were sold at an average price of $6.00, for a total value of $20,934.00.
  • On Tuesday, October 2nd, L. Chance Allred sold 3,489 shares of Vivint Solar stock. The shares were sold at an average price of $5.50, for a total value of $19,189.50.

Shares of NYSE VSLR traded down $0.18 during trading hours on Friday, reaching $5.22. 1,418,385 shares of the stock traded hands, compared to its average volume of 1,105,963. The stock has a market cap of $644.30 million, a price-to-earnings ratio of -3.30 and a beta of -0.36. The company has a current ratio of 1.58, a quick ratio of 1.48 and a debt-to-equity ratio of 3.23. Vivint Solar Inc has a 52-week low of $2.70 and a 52-week high of $7.44.

Vivint Solar (NYSE:VSLR) last announced its quarterly earnings data on Tuesday, November 6th. The company reported ($0.61) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.22) by ($0.39). The firm had revenue of $77.88 million for the quarter, compared to analysts’ expectations of $88.54 million. Vivint Solar had a net margin of 61.71% and a negative return on equity of 50.31%. The business’s quarterly revenue was up 3.7% on a year-over-year basis. During the same period in the prior year, the business posted ($0.33) earnings per share. On average, analysts forecast that Vivint Solar Inc will post -2.08 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. First Trust Advisors LP grew its position in Vivint Solar by 8.8% during the 2nd quarter. First Trust Advisors LP now owns 118,942 shares of the company’s stock worth $589,000 after acquiring an additional 9,578 shares during the last quarter. TIAA CREF Investment Management LLC grew its position in Vivint Solar by 24.2% during the 3rd quarter. TIAA CREF Investment Management LLC now owns 75,311 shares of the company’s stock worth $392,000 after acquiring an additional 14,697 shares during the last quarter. BlackRock Inc. grew its position in Vivint Solar by 0.9% during the 3rd quarter. BlackRock Inc. now owns 2,004,278 shares of the company’s stock worth $10,423,000 after acquiring an additional 17,483 shares during the last quarter. Bank of New York Mellon Corp grew its position in Vivint Solar by 4.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 420,196 shares of the company’s stock worth $2,185,000 after acquiring an additional 18,416 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale grew its position in Vivint Solar by 312.9% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 28,076 shares of the company’s stock worth $149,000 after acquiring an additional 21,276 shares during the last quarter. Institutional investors and hedge funds own 89.41% of the company’s stock.

VSLR has been the topic of a number of research reports. ValuEngine raised Vivint Solar from a “hold” rating to a “buy” rating in a report on Thursday, November 8th. Zacks Investment Research cut Vivint Solar from a “hold” rating to a “sell” rating in a report on Saturday, November 10th. One investment analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. Vivint Solar has a consensus rating of “Buy” and an average price target of $5.50.

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Vivint Solar Company Profile

Vivint Solar, Inc provides distributed solar energy to residential, commercial, and industrial customers in the United States. The company operates in two segments, Residential, and Commercial and Industrial. It owns and installs solar energy systems through long-term customer contracts. The company also sells photovoltaic installation products, as well as solar renewable energy certificates.

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

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