SPWR Sunpower
SunPower Corp. engages in the design, manufacture and deliver of solar panels and systems. It operates through the SunPower Energy Services and SunPower Technologies segments: The SunPower Energy Services Segment deals with the sales of solar energy solutions in the North America region including direct sales of turn-key engineering, procurement and construction. The SunPower Technologies Segment involves technology development, worldwide solar panel manufacturing operations, equipment supply to resellers, commercial and residential end-customers outside of North America. The company was founded by Thomas L. Dinwoodie, Robert Lorenzini and Richard M. Swanson in April 1985 and is headquartered in San Jose, CA.
Company profile
Ticker
SPWR
Exchange
Website
CEO
Thomas Werner
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
943008969
SPWR stock data
()
News
5 Value Stocks To Watch In The Technology Sector
13 Apr 21
4 Undervalued Stocks To Watch For In April
11 Apr 21
Solar Analyst Offers 'What If?' Scenarios For Residential Plays After Biden's Infrastructure Plan
6 Apr 21
5 Value Stocks To Watch In The Technology Sector
30 Mar 21
What's Happening With SPWR Stock And WINT Stock Tuesday?
23 Mar 21
Press releases
SunPower Announces Chief Legal Officer
12 Apr 21
Consumer Sales and Customer Experience Veteran Peter Faricy Named SunPower CEO as Tom Werner Steps Down After 18 Years
25 Mar 21
SunPower Improves Accessibility of Solar Plus Storage with New Ultra-Low APR Loans
18 Mar 21
Global Solar Power Market Size Expected to Exceed $194 Billion By 2027
23 Feb 21
SunPower Reports Strong Fourth Quarter and Fiscal Year 2020 Results
17 Feb 21
Investment data
Securities sold
Number of investors
Calendar
21 Feb 21
13 Apr 21
29 Dec 21
Financial summary
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Financial data from Sunpower earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 246.8M | 246.8M | 246.8M | 246.8M | 246.8M | 246.8M |
| Cash burn (monthly) | 34.32M | 17.65M | (positive/no burn) | 5.1M | (positive/no burn) | 15.62M |
| Cash used (since last report) | 114.85M | 59.08M | n/a | 17.07M | n/a | 52.26M |
| Cash remaining | 131.95M | 187.72M | n/a | 229.73M | n/a | 194.55M |
| Runway (months of cash) | 3.8 | 10.6 | n/a | 45.0 | n/a | 12.5 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 6 Apr 21 | Vichheka Heang | Common Stock | Sell | Dispose S | No | No | 33.6637 | 3,832 | 129K | 4,336 |
| 5 Apr 21 | Vichheka Heang | Common Stock | Option exercise | Aquire M | No | No | 0 | 8,168 | 0 | 8,168 |
| 5 Apr 21 | Vichheka Heang | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 8,168 | 0 | 0 |
| 4 Mar 21 | Vichheka Heang | Common Stock | Sell | Dispose S | No | Yes | 32.865 | 4,335 | 142.47K | 0 |
| 4 Mar 21 | Vichheka Heang | Common Stock | Sell | Dispose S | No | Yes | 31.8885 | 7,192 | 229.34K | 4,335 |
| 4 Mar 21 | Vichheka Heang | Common Stock | Sell | Dispose S | No | Yes | 30.9888 | 3,069 | 95.1K | 11,527 |
| 4 Mar 21 | Kenneth Lawrence Mahaffey | Common Stock | Sell | Dispose S | No | Yes | 32.8367 | 14,202 | 466.35K | 8,177 |
| 4 Mar 21 | Kenneth Lawrence Mahaffey | Common Stock | Sell | Dispose S | No | Yes | 31.8961 | 23,092 | 736.54K | 22,379 |
| 4 Mar 21 | Kenneth Lawrence Mahaffey | Common Stock | Sell | Dispose S | No | Yes | 30.9984 | 7,730 | 239.62K | 45,471 |
| 4 Mar 21 | Douglas J. Richards | Common Stock | Sell | Dispose S | No | Yes | 32.8489 | 15,543 | 510.57K | 0 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
45.6% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 247 |
| Opened positions | 84 |
| Closed positions | 27 |
| Increased positions | 67 |
| Reduced positions | 56 |
13F shares |
Current |
|---|---|
| Total value | 2.03B |
| Total shares | 78.57M |
| Total puts | 8.21M |
| Total calls | 6.48M |
| Total put/call ratio | 1.3 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 9.67M | $248M |
| Wellington Management | 6.71M | $171.98M |
| IVZ Invesco | 6.28M | $160.99M |
| BLK Blackrock | 5.5M | $140.95M |
| D. E. Shaw & Co. | 4.81M | $123.45M |
| FMR | 4.42M | $113.37M |
| STT State Street | 3.2M | $82.12M |
| FHI Federated Hermes | 3.19M | $81.87M |
| Renaissance Technologies | 2.17M | $55.67M |
| Millennium Management | 1.76M | $45.19M |
Financial report summary
?Competition
Kyocera • Panasonic • Sharp • NRG Energy • First Solar • ABCO Energy • Tesla • Canadian Solar • Yingli Green Energy Holding • CannonauContent analysis
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H.S. junior Avg
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New words:
AB, Ameresco, antidilutive, attack, barrier, big, bigger, Borrego, break, broaden, carpooling, celebrate, coaching, COBRA, comfort, conclusion, concrete, conferencing, congregation, conserve, counsel, DBS, de, Deposit, Dev, disinfectant, distancing, EDF, embedded, enumerated, equitable, ESG, ethnicity, excellence, explained, extra, faith, feedback, feel, fleet, flex, formula, foster, foundation, fractional, friendly, gender, harsh, healthier, healthy, heightening, Hemlock, horizon, indoor, insolvency, interbank, Intercreditor, interruption, intranet, leadership, lifting, link, listening, live, load, loyalty, markup, mind, mission, Modernization, modernize, Mortenson, Nimble, NovaSource, novated, OneRoof, onset, onsite, orientation, outbreak, outdoor, outline, pandemic, par, paramount, peace, people, playing, portable, posed, PRC, priority, proactive, proactively, prolonged, quarantine, race, rain, readability, realistic, recalculation, reciprocal, recruiting, recycling, Relentlessly, repetition, rest, resultsof, rewarding, rich, RLC, rugged, salesforce, sanitizer, SE, segregation, sexual, shortly, simple, sleek, slowdown, snow, staggered, statistical, stream, streamlining, Sunnova, Sunrente, SunVault, Territory, text, Thing, thought, Ultralight, university, unvested, validly, veteran, video, vision, Volunteer, watertight, withdrawn, workplace, xiii
Removed:
accept, accumulation, achievable, acknowledged, ACPV, actuarial, afford, aforementioned, aid, alternate, analyzing, Android, anytime, aperture, Apple, architecture, Arizona, assembled, AUOSP, authorization, automatically, auxiliary, backing, baseline, begun, BHP, Billiton, black, blend, breakdown, Britain, called, Canadian, captive, carryforward, chartered, Chimie, circuit, circumstance, cleaner, closed, Cogenra, coldest, compromising, concentrated, concentrator, condensate, conditioned, confusion, connected, connectivity, considerable, constitute, corrective, corruption, court, CPV, crystalline, cultural, damaged, deceptive, decreasing, defining, demonstrated, denominated, deploy, deployment, derecognition, detailed, developer, disclosing, discontinue, disgorgement, display, disrupted, distribute, divesting, Dongfang, downtime, drew, educate, elastic, electrically, electrification, emphasize, employ, enacted, encapsulated, engine, engineer, enhancement, erosion, establishment, Euro, Eurozone, exceeding, exemption, extensively, Fab, Feluy, FERC, fluctuation, focusing, forthcoming, FPA, French, front, fulfill, Gen, geo, Goldman, gradually, Great, Hanwha, Hawaii, hedged, Hemisphere, highlight, holiday, household, HTC, Huansheng, Huaxia, impossible, improbable, incorporating, incorrect, inflow, ingot, installment, instance, institution, intent, interconnected, interested, interpretive, invalidate, irradiation, JA, Jiangsu, Jinko, justify, KRW, Kyocera, Laboratory, launched, LC, led, LG, Likewise, lobby, locally, longstanding, losing, LP, Malaysian, malfunction, manipulative, marketplace, Marubeni, matured, Mb, melted, memo, merchantability, Mongolia, monocrystalline, move, MPP, necessarily, nonfinancial, Northern, OasisGEO, obsolescence, occasionally, OCI, OECD, outsource, outsourcing, overfunded, participate, partly, passage, periodic, PEZA, Philippine, polycrystalline, portal, precedent, preferential, presence, produce, profitably, promissory, promotional, prompted, proven, purity, PVSim, quartz, Raffinage, rated, reclassified, recording, redemption, refining, refueling, reinvest, remained, remediate, removed, renew, repatriated, requested, resist, resold, restoration, retroactively, revocation, revoke, ribbon, robust, rural, sand, satisfactory, scarcity, sector, shading, Sharp, shifted, Shifting, ship, shorten, shortened, signature, silicon, simulation, sloped, SolarBridge, solarization, Spain, spectrum, spoilage, stability, stable, staffing, steam, study, substance, sunlight, surface, Switzerland, taxation, Tenesol, thousand, transforming, TRC, Trina, unaffiliated, unavailability, unavailable, unconditional, underfunded, undergo, underutilized, unfavorable, uniform, uniformly, Unsettled, usability, validated, variation, Vivint, wafer, watt, weatherproof, web, yield, Yingli, Yixing
Financial reports
10-K
2020 FY
Annual report
21 Feb 21
10-Q
2020 Q3
Quarterly report
29 Oct 20
10-Q
2020 Q2
Quarterly report
5 Aug 20
10-Q
2020 Q1
Quarterly report
7 May 20
10-K
2019 FY
Annual report
17 Feb 20
10-Q
2019 Q3
Quarterly report
30 Oct 19
10-Q
2019 Q2
Quarterly report
31 Jul 19
10-Q
2019 Q1
Quarterly report
10 May 19
10-K
2018 FY
Annual report
13 Feb 19
10-Q
2018 Q3
Quarterly report
30 Oct 18
Current reports
8-K
SunPower Announces Chief Legal Officer
12 Apr 21
8-K
Departure of Directors or Certain Officers
25 Mar 21
8-K
Entry into a Material Definitive Agreement
3 Mar 21
8-K
SunPower Reports Strong Fourth Quarter and Fiscal Year 2020 Results
17 Feb 21
8-K
Departure of Directors or Certain Officers
16 Feb 21
8-K
Cost Associated with Exit or Disposal Activities
7 Jan 21
8-K
SunPower Reports Third Quarter 2020 Results
28 Oct 20
8-K
Departure of Directors or Certain Officers
17 Sep 20
8-K/A
Financial Statements and Exhibits
14 Sep 20
8-K
SunPower Announces Fiscal Year 2020 Guidance
10 Sep 20
Registration and prospectus
SC TO-I/A
Issuer tender offer statement (amended)
23 Dec 20
SC TO-I
Issuer tender offer statement
24 Nov 20
S-8
Registration of securities for employees
10 Mar 20
424B2
Prospectus for primary offering
21 Nov 19
424B5
Prospectus supplement for primary offering
18 Nov 19
S-3ASR
Automatic shelf registration
19 Sep 19
S-8
Registration of securities for employees
12 May 19
S-8 POS
Registration of securities for employees (post-effective amendment)
13 Nov 18
S-8 POS
Registration of securities for employees (post-effective amendment)
13 Nov 18
S-8 POS
Registration of securities for employees (post-effective amendment)
13 Nov 18
Proxies
DEFA14A
Additional proxy soliciting materials
2 Apr 21
DEF 14A
Definitive proxy
2 Apr 21
DEFA14A
Additional proxy soliciting materials
3 Apr 20
DEF 14A
Definitive proxy
3 Apr 20
DEFA14A
Additional proxy soliciting materials
5 Apr 19
DEF 14A
Definitive proxy
5 Apr 19
DEF 14A
Definitive proxy
5 Apr 18
DEFA14A
Additional proxy soliciting materials
5 Apr 18
DFAN14A
Additional proxy materials by non-management
6 Feb 18
DEF 14A
Definitive proxy
16 Mar 17
Other
UPLOAD
Letter from SEC
11 Jun 20
CORRESP
Correspondence with SEC
3 Jun 20
SD
Conflict minerals disclosure
28 May 20
UPLOAD
Letter from SEC
20 May 20
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
23 Apr 20
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
23 Apr 20
SD
Conflict minerals disclosure
30 May 19
CT ORDER
Confidential treatment order
11 Mar 19
SD
Conflict minerals disclosure
30 May 18
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
14 Feb 18
Ownership
4
SUNPOWER / Vichheka Heang ownership change
7 Apr 21
4
SUNPOWER / Douglas J. Richards ownership change
8 Mar 21
4
SUNPOWER / KENNETH LAWRENCE MAHAFFEY ownership change
8 Mar 21
4
SUNPOWER / Vichheka Heang ownership change
8 Mar 21
4
SUNPOWER / KENNETH LAWRENCE MAHAFFEY ownership change
4 Mar 21
4
SUNPOWER / Douglas J. Richards ownership change
4 Mar 21
4
SUNPOWER / Vichheka Heang ownership change
4 Mar 21
4
SUNPOWER / THOMAS H WERNER ownership change
4 Mar 21
4
SUNPOWER / Manavendra Sial ownership change
4 Mar 21
4
SUNPOWER / Manavendra Sial ownership change
4 Mar 21
Patents
GRANT
Utility
Front contact solar cell with formed electrically conducting layers on the front side and backside
11 Nov 19
A bipolar solar cell includes a backside junction formed by a silicon substrate and a first doped layer of a first dopant type on the backside of the solar cell.
GRANT
Utility
Photovoltaic modules
11 Nov 19
A modular photovoltaic (PV) system can include a PV cell, a frame coupled to the PV cell, and a converter.
GRANT
Utility
High throughput system for photovoltaic UV degradation testing
11 Nov 19
High throughput systems for photovoltaic UV degradation testing of solar cells, and methods of testing for UV degradation of solar cell during manufacture, are described herein.
APP
Utility
Rapid Shutdown of Photovoltaic Systems
6 Nov 19
A photovoltaic system includes groups of solar cells that can be switched in and out of the photovoltaic system.
APP
Utility
Cabling Systems for Rooftop Photovoltaic Solar Systems
6 Nov 19
Rooftop photovoltaic solar systems and methods for installing interconnection wiring for photovoltaic solar systems.
Transcripts
2020 Q4
Earnings call transcript
18 Feb 21
2020 Q3
Earnings call transcript
28 Oct 20
2020 Q2
Earnings call transcript
5 Aug 20
2020 Q1
Earnings call transcript
7 May 20
2019 Q4
Earnings call transcript
12 Feb 20
2019 Q3
Earnings call transcript
31 Oct 19
2019 Q2
Earnings call transcript
1 Aug 19
2019 Q1
Earnings call transcript
9 May 19
2018 Q4
Earnings call transcript
13 Feb 19
2018 Q3
Earnings call transcript
30 Oct 18
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4 Apr 21
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4 Apr 21
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1 Apr 21
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The Only Game Plan April 1, 2021
1 Apr 21