Generac Holdlings Inc. (NYSE:GNRC) CEO Aaron Jagdfeld sold 5,000 shares of Generac Holdlings stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $47.76, for a total value of $238,800.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Aaron Jagdfeld also recently made the following trade(s):

  • On Friday, September 1st, Aaron Jagdfeld sold 5,000 shares of Generac Holdlings stock. The shares were sold at an average price of $40.44, for a total value of $202,200.00.
  • On Tuesday, August 1st, Aaron Jagdfeld sold 5,000 shares of Generac Holdlings stock. The shares were sold at an average price of $35.68, for a total value of $178,400.00.

Generac Holdlings Inc. (NYSE GNRC) traded up 0.12% during midday trading on Wednesday, hitting $48.74. The company had a trading volume of 366,921 shares. The company has a market capitalization of $3.03 billion, a P/E ratio of 29.12 and a beta of 1.41. Generac Holdlings Inc. has a 52 week low of $33.77 and a 52 week high of $49.11. The stock has a 50 day moving average price of $42.01 and a 200 day moving average price of $37.66.

Generac Holdlings (NYSE:GNRC) last released its quarterly earnings data on Wednesday, August 2nd. The technology company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.64 by $0.05. The company had revenue of $395.40 million for the quarter, compared to the consensus estimate of $383.14 million. Generac Holdlings had a return on equity of 46.60% and a net margin of 7.00%. Generac Holdlings’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period last year, the business posted $0.64 EPS. Equities analysts forecast that Generac Holdlings Inc. will post $2.98 earnings per share for the current fiscal year.

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GNRC has been the topic of several research reports. Bank of America Corporation upgraded Generac Holdlings from a “neutral” rating to a “buy” rating and lifted their price target for the company from $45.00 to $50.00 in a research report on Friday, September 15th. KeyCorp restated a “hold” rating on shares of Generac Holdlings in a research report on Sunday, September 10th. BidaskClub lowered Generac Holdlings from a “buy” rating to a “hold” rating in a research report on Friday, September 15th. Canaccord Genuity restated a “hold” rating and set a $42.00 price target (up from $40.00) on shares of Generac Holdlings in a research report on Friday, September 8th. Finally, Zacks Investment Research lowered Generac Holdlings from a “hold” rating to a “sell” rating in a research report on Monday, July 10th. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Generac Holdlings presently has a consensus rating of “Buy” and a consensus price target of $47.00.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GNRC. Victory Capital Management Inc. increased its holdings in Generac Holdlings by 51.8% during the 1st quarter. Victory Capital Management Inc. now owns 3,269 shares of the technology company’s stock worth $122,000 after purchasing an additional 1,116 shares during the period. Invictus RG increased its holdings in Generac Holdlings by 940.9% during the 1st quarter. Invictus RG now owns 3,893 shares of the technology company’s stock worth $145,000 after purchasing an additional 3,519 shares during the period. Envestnet Asset Management Inc. increased its holdings in Generac Holdlings by 93.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 4,813 shares of the technology company’s stock worth $179,000 after purchasing an additional 2,327 shares during the period. Public Employees Retirement System of Ohio increased its holdings in Generac Holdlings by 10.6% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 5,873 shares of the technology company’s stock worth $212,000 after purchasing an additional 565 shares during the period. Finally, Karp Capital Management Corp purchased a new position in Generac Holdlings during the 1st quarter worth $219,000. Institutional investors own 96.60% of the company’s stock.

About Generac Holdlings

Generac Holdings Inc (Generac) is a designer and manufacturer of power generation equipment and other engine powered products. The Company serves the residential, light commercial, industrial, oil and gas, and construction markets. Its segments include Domestic and International. The Domestic segment includes the Generac business.

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