Boost Run (NASDAQ:BRUN) Earns Outperform Rating from Analysts at Northland Securities

Northland Securities initiated coverage on shares of Boost Run (NASDAQ:BRUN) in a report issued on Friday, MarketBeat Ratings reports. The firm issued an outperform rating and a $36.00 target price on the stock.

A number of other research firms have also commented on BRUN. Craig Hallum reaffirmed a “buy” rating on shares of Boost Run in a research note on Wednesday, July 1st. DA Davidson lifted their target price on shares of Boost Run from $25.00 to $45.00 and gave the stock a “buy” rating in a research report on Monday, June 1st. Weiss Ratings began coverage on shares of Boost Run in a report on Tuesday, June 23rd. They set a “sell (d)” rating on the stock. BTIG Research restated a “buy” rating and issued a $45.00 price target on shares of Boost Run in a research report on Friday, August 14th. Finally, Wall Street Zen upgraded shares of Boost Run from a “sell” rating to a “hold” rating in a research report on Saturday, August 22nd. Four 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 an average target price of $42.75.

Boost Run Price Performance

Shares of NASDAQ:BRUN opened at $17.27 on Friday. Boost Run has a one year low of $13.48 and a one year high of $42.00. The firm’s fifty day moving average is $19.62.

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 during the quarter.

Insider Buying and Selling

In related news, Director Sean Goodrich sold 500,000 shares of the business’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $14.00, for a total transaction of $7,000,000.00. Following the transaction, the director directly owned 4,437,921 shares of the company’s stock, valued at approximately $62,130,894. The trade was a 10.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Hedge Funds Weigh In On Boost Run

A number of hedge funds have recently modified their holdings of BRUN. FirstWave Capital Management LLC acquired a new stake in Boost Run during the second quarter valued at $3,440,000. BlueCrest Capital Management Ltd acquired a new position in Boost Run in the 2nd quarter worth about $1,940,000. AWM Investment Company Inc. purchased a new stake in shares of Boost Run during the 2nd quarter worth about $31,581,000. Wellington Management Group LLP purchased a new stake in shares of Boost Run during the 2nd quarter worth about $24,033,000. Finally, Greenland Capital Management LP acquired a new stake in shares of Boost Run during the 2nd quarter valued at about $2,615,000.

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