Vivint Solar, Inc. (VSLR) Stock Is An 52-Week High Flier

July 16, 2018 - By Victoria Pittman

Vivint Solar, Inc. (NYSE:VSLR) Logo

Investors sentiment decreased to 1.08 in Q1 2018. Its down 0.17, from 1.25 in 2017Q4. It dived, as 11 investors sold Vivint Solar, Inc. shares while 14 reduced holdings. 11 funds opened positions while 16 raised stakes. 103.84 million shares or 2.39% less from 106.38 million shares in 2017Q4 were reported.
9.91M are owned by Fmr Lc. Blackrock Incorporated invested in 0% or 1.72M shares. Dimensional Fund Lp holds 0% or 60,089 shares. First Tru L P invested in 109,364 shares. 10,000 were accumulated by Mitchell Mgmt. Ardsley Advisory Partners holds 0.54% in Vivint Solar, Inc. (NYSE:VSLR) or 982,500 shares. Neuberger Berman Gru Limited Com accumulated 135,435 shares or 0% of the stock. Wells Fargo And Mn holds 11,164 shares or 0% of its portfolio. Alliancebernstein Limited Partnership reported 62,900 shares. Tiaa Cref Mgmt Ltd Liability Corp reported 62,720 shares. Susquehanna Group Inc Llp holds 57,459 shares. Dekabank Deutsche Girozentrale reported 6,800 shares or 0% of all its holdings. Firsthand Cap Mngmt holds 0.02% or 12,000 shares. State Street Corp reported 0% of its portfolio in Vivint Solar, Inc. (NYSE:VSLR). Manufacturers Life The reported 3,645 shares or 0% of all its holdings.

Since February 21, 2018, it had 0 insider buys, and 22 selling transactions for $5.23 million activity. Allred L. Chance also sold $340,413 worth of Vivint Solar, Inc. (NYSE:VSLR) shares. Russell Dana C sold $111,583 worth of stock. Dickson Paul S. sold 34,200 shares worth $126,793. On Friday, July 6 the insider Christiansen Bryan sold $125,636. On Tuesday, March 13 the insider Dunn Alex J. sold $633,900. TIBBETTS JOSEPH S JR also sold $29,685 worth of Vivint Solar, Inc. (NYSE:VSLR) on Wednesday, June 13.

The stock of Vivint Solar, Inc. (NYSE:VSLR) hit a new 52-week high and has $5.83 target or 8.00 % above today’s $5.40 share price. The 8 months bullish chart indicates low risk for the $622.78M company. The 1-year high was reported on Jul, 16 by Barchart.com. If the $5.83 price target is reached, the company will be worth $49.82M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock decreased 3.57% or $0.2 during the last trading session, reaching $5.4. About 176,700 shares traded. Vivint Solar, Inc. (NYSE:VSLR) has risen 19.05% since July 16, 2017 and is uptrending. It has outperformed by 6.48% the S&P500.

Analysts await Vivint Solar, Inc. (NYSE:VSLR) to report earnings on August, 14. They expect $-0.18 EPS, up 45.45 % or $0.15 from last year’s $-0.33 per share. After $-0.53 actual EPS reported by Vivint Solar, Inc. for the previous quarter, Wall Street now forecasts -66.04 % EPS growth.

Vivint Solar, Inc. (NYSE:VSLR) Ratings Coverage

Among 2 analysts covering Vivint Solar (NYSE:VSLR), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Vivint Solar had 3 analyst reports since January 18, 2018 according to SRatingsIntel. On Friday, June 22 the stock rating was upgraded by Guggenheim to “Buy”. Guggenheim downgraded the stock to “Hold” rating in Thursday, January 18 report. The rating was maintained by Bank of America with “Buy” on Thursday, March 8.

More notable recent Vivint Solar, Inc. (NYSE:VSLR) news were published by: Fool.com which released: “5 Top Stocks Under $10” on July 14, 2018, also Seekingalpha.com with their article: “First Solar upgraded to Buy at BAML on ‘most bullish’ IRS interpretation” published on June 25, 2018, Streetinsider.com published: “UPDATE: Guggenheim Upgrades Vivint Solar (VSLR) to Buy Following Constructive Management Meeting” on June 22, 2018. More interesting news about Vivint Solar, Inc. (NYSE:VSLR) were released by: Investingnews.com and their article: “Miranda Barnard Joins Vivint Solar” published on July 06, 2018 as well as Fool.com‘s news article titled: “Tesla’s Solar Plans Aren’t Working” with publication date: June 23, 2018.

Vivint Solar, Inc. provides distributed solar energy to residential, commercial, and industrial clients in the United States. The company has market cap of $622.78 million. It operates through two divisions, Residential, and Commercial and Industrial. It has a 3.46 P/E ratio. The firm installs and owns solar energy systems through long-term customer contracts.

Vivint Solar, Inc. (NYSE:VSLR) Institutional Positions Chart

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