Generac Holdlings Inc. (NYSE:GNRC) CEO Aaron Jagdfeld sold 5,000 shares of the firm’s stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $47.76, for a total transaction of $238,800.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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 transaction 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 transaction of $178,400.00.

Generac Holdlings Inc. (NYSE:GNRC) traded down 0.0683% during trading on Thursday, hitting $48.7067. 319,622 shares of the company’s stock traded hands. The stock has a market cap of $3.03 billion, a P/E ratio of 29.0960 and a beta of 1.41. The company’s 50 day moving average is $42.34 and its 200-day moving average is $37.74. Generac Holdlings Inc. has a 12 month low of $33.77 and a 12 month high of $49.11.

Generac Holdlings (NYSE:GNRC) last issued its quarterly earnings data on Wednesday, August 2nd. The technology company reported $0.69 earnings per share for the quarter, beating the Zacks’ 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 net margin of 7.00% and a return on equity of 46.60%. The firm’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.64 earnings per share. On average, analysts predict that Generac Holdlings Inc. will post $2.98 earnings per share for the current year.

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Several equities analysts recently weighed in on the stock. TheStreet raised shares of Generac Holdlings from a “c+” rating to a “b-” rating in a research report on Wednesday, September 27th. BidaskClub raised shares of Generac Holdlings from a “hold” rating to a “buy” rating in a research report on Tuesday. Robert W. Baird reaffirmed a “buy” rating and issued a $50.00 price target on shares of Generac Holdlings in a research report on Wednesday. Zacks Investment Research raised shares of Generac Holdlings from a “sell” rating to a “hold” rating in a research report on Monday, August 7th. Finally, KeyCorp raised shares of Generac Holdlings from a “sector weight” rating to an “overweight” rating and set a $55.00 price target on the stock in a research report on Monday. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $47.60.

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

Generac Holdlings Company Profile

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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