Wellington Management Group LLP Acquires New Holdings in Boost Run $BRUN

Wellington Management Group LLP acquired a new position in Boost Run (NASDAQ:BRUN) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 619,239 shares of the company’s stock, valued at approximately $24,033,000.

Separately, AWM Investment Company Inc. purchased a new position in shares of Boost Run in the 2nd quarter valued at $31,581,000.

Boost Run Stock Up 4.1%

Shares of Boost Run stock opened at $17.64 on Friday. The firm has a 50 day moving average of $22.74. Boost Run has a 52 week low of $15.56 and a 52 week high of $42.00.

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

Insider Transactions at Boost Run

In other Boost Run news, Director Sean Goodrich sold 198,200 shares of Boost Run stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $20.15, for a total transaction of $3,993,730.00. Following the completion of the sale, the director owned 4,937,921 shares of the company’s stock, valued at approximately $99,499,108.15. The trade was a 3.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. BTIG Research reissued a “buy” rating and issued a $45.00 price target on shares of Boost Run in a research report on Friday, August 14th. Wall Street Zen upgraded 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. 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. Finally, Craig Hallum restated a “buy” rating on shares of Boost Run in a report on Wednesday, July 1st. Three equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $45.00.

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