Aaron Jagdfeld Sells 5,000 Shares of Generac Holdings Inc. (NYSE:GNRC) Stock

Generac Holdings Inc. (NYSE:GNRC) CEO Aaron Jagdfeld sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $145.15, for a total value of $725,750.00. Following the sale, the chief executive officer now owns 565,825 shares of the company’s stock, valued at approximately $82,129,498.75. The trade was a 0.88 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Thursday, January 2nd, Aaron Jagdfeld sold 5,000 shares of Generac stock. The stock was sold at an average price of $157.50, for a total value of $787,500.00.

Generac Trading Up 0.3 %

Shares of GNRC stock opened at $142.64 on Friday. The business’s fifty day moving average price is $161.85 and its 200 day moving average price is $161.10. Generac Holdings Inc. has a 1-year low of $108.89 and a 1-year high of $195.94. The firm has a market capitalization of $8.49 billion, a PE ratio of 29.59, a P/E/G ratio of 1.51 and a beta of 1.42. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.03 and a quick ratio of 0.96.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on GNRC shares. StockNews.com upgraded Generac from a “hold” rating to a “buy” rating in a research note on Monday, October 28th. Citigroup reduced their price objective on Generac from $172.00 to $162.00 and set a “neutral” rating for the company in a research note on Wednesday, January 8th. Robert W. Baird reduced their price objective on Generac from $187.00 to $181.00 and set a “neutral” rating for the company in a research note on Friday, November 1st. Barclays started coverage on Generac in a research note on Wednesday, December 4th. They issued an “equal weight” rating and a $189.00 price objective for the company. Finally, TD Cowen boosted their price objective on Generac from $172.00 to $183.00 and gave the company a “buy” rating in a research note on Friday, November 1st. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $174.30.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of GNRC. Sanctuary Advisors LLC acquired a new position in Generac during the second quarter worth $2,501,000. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in Generac by 85.9% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 7,021 shares of the technology company’s stock worth $928,000 after acquiring an additional 3,244 shares during the period. Centaurus Financial Inc. acquired a new stake in Generac in the second quarter valued at $101,000. Czech National Bank grew its holdings in Generac by 6.1% in the third quarter. Czech National Bank now owns 12,253 shares of the technology company’s stock valued at $1,947,000 after purchasing an additional 702 shares during the last quarter. Finally, SG Americas Securities LLC grew its holdings in Generac by 14.0% in the third quarter. SG Americas Securities LLC now owns 8,787 shares of the technology company’s stock valued at $1,396,000 after purchasing an additional 1,079 shares during the last quarter. Institutional investors and hedge funds own 84.04% of the company’s stock.

About Generac

Generac Holdings Inc designs, manufactures, and distributes various energy technology products and solution worldwide. The company offers residential automatic standby generators, automatic transfer switch, air-cooled engine residential standby generators, and liquid-cooled engine generators; Mobile Link, a remote monitoring system for home standby generators; residential storage solution, which consists of a system of batteries, an inverter, photovoltaic optimizers, power electronic controls, and other components; smart home solutions, such as smart thermostats and a suite of home monitoring products.