Is Vivint Solar Inc (NYSE:VSLR) a Buy? The Stock Reported Less Sellers

June 14, 2018 - By Linda Rogers

Vivint Solar, Inc. (NYSE:VSLR) Logo

Investors sentiment decreased to 1.08 in 2018 Q1. Its down 0.17, from 1.25 in 2017Q4. It turned negative, 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.
Wells Fargo Mn reported 0% of its portfolio in Vivint Solar, Inc. (NYSE:VSLR). Firsthand Mgmt Inc reported 12,000 shares. Washington-based Parametric Portfolio Associates Limited Liability Co has invested 0% in Vivint Solar, Inc. (NYSE:VSLR). Moreover, Citigroup Inc has 0% invested in Vivint Solar, Inc. (NYSE:VSLR). Royal Bancorp Of Canada reported 3,018 shares. Blackstone Group L P has 1.51% invested in Vivint Solar, Inc. (NYSE:VSLR). Guggenheim Ltd Liability Corporation holds 0.02% or 1.98 million shares in its portfolio. 42,610 were accumulated by California State Teachers Retirement System. Illinois-based Jump Trading Ltd has invested 0.01% in Vivint Solar, Inc. (NYSE:VSLR). Fmr holds 0% or 9.91M shares. Pdt Prtnrs Lc owns 120,100 shares. Susquehanna Grp Incorporated Llp has 57,459 shares for 0% of their portfolio. Ameritas Ptnrs Inc reported 1,800 shares or 0% of all its holdings. Omers Administration Corporation holds 52,600 shares. Morgan Stanley reported 229,571 shares stake.

Since February 21, 2018, it had 0 insider buys, and 17 selling transactions for $4.34 million activity. Bywater David sold $26,663 worth of stock. $340,413 worth of stock was sold by Allred L. Chance on Thursday, May 24. Dunn Alex J. also sold $633,900 worth of Vivint Solar, Inc. (NYSE:VSLR) shares. On Friday, May 25 the insider Dickson Paul S. sold $126,793. Plagemann Thomas G. sold $171,648 worth of stock.

The stock of Vivint Solar Inc (NYSE:VSLR) registered a decrease of 4.63% in short interest. VSLR’s total short interest was 6.40 million shares in June as published by FINRA. Its down 4.63% from 6.71M shares, reported previously. With 262,000 shares average volume, it will take short sellers 24 days to cover their VSLR’s short positions. The short interest to Vivint Solar Inc’s float is 21.77%.

The stock increased 10.67% or $0.475 during the last trading session, reaching $4.925. About 1.34M shares traded or 174.79% up from the average. Vivint Solar, Inc. (NYSE:VSLR) has risen 19.05% since June 14, 2017 and is uptrending. It has outperformed by 6.48% the S&P500.

Vivint Solar, Inc. provides distributed solar energy to residential, commercial, and industrial clients in the United States. The company has market cap of $568.00 million. It operates through two divisions, Residential, and Commercial and Industrial. It has a 3.16 P/E ratio. The firm installs and owns solar energy systems through long-term customer contracts.

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

Among 2 analysts covering Vivint Solar (NYSE:VSLR), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Vivint Solar had 2 analyst reports since January 18, 2018 according to SRatingsIntel. As per Thursday, January 18, the company rating was downgraded by Guggenheim. The rating was maintained by Bank of America on Thursday, March 8 with “Buy”.

More recent Vivint Solar, Inc. (NYSE:VSLR) news were published by: which released: “Vivint Solar Is Going Backward in More Ways Than One” on May 18, 2018. Also published the news titled: “Vivint Solar Is Already Falling Behind in Energy Storage” on May 16, 2018.‘s news article titled: “Vivint Solar Closes $811 Million of New Financing” with publication date: June 11, 2018 was also an interesting one.

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

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