88,631 Shares in Boost Run $BRUN Bought by FirstWave Capital Management LLC

FirstWave Capital Management LLC acquired a new stake in Boost Run (NASDAQ:BRUN) in the second quarter, Holdings Channel reports. The institutional investor acquired 88,631 shares of the company’s stock, valued at approximately $3,440,000. Boost Run accounts for about 1.5% of FirstWave Capital Management LLC’s portfolio, making the stock its 19th largest holding.

Separately, Wellington Management Group LLP bought a new position in Boost Run during the second quarter worth about $24,033,000.

Analysts Set New Price Targets

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

Insider Buying and Selling at Boost Run

In other news, Director Sean Goodrich sold 198,200 shares of Boost Run stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $20.15, for a total value of $3,993,730.00. Following the sale, the director directly owned 4,937,921 shares in the company, valued at $99,499,108.15. This trade represents a 3.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Boost Run Stock Up 4.1%

BRUN stock opened at $17.64 on Friday. Boost Run has a fifty-two week low of $15.56 and a fifty-two week high of $42.00. The stock’s 50-day moving average price is $22.74.

Boost Run (NASDAQ:BRUN) last announced 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 during the quarter.

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