Generac (NYSE:GNRC) Insider Sells $138,388.50 in Stock

Generac Holdings Inc. (NYSE:GNRC) insider Kyle Raabe sold 603 shares of the company’s stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $229.50, for a total value of $138,388.50. Following the completion of the sale, the insider directly owned 10,356 shares of the company’s stock, valued at approximately $2,376,702. This represents a 5.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kyle Andrew Raabe also recently made the following trade(s):

• On Friday, August 7th, Kyle Raabe sold 586 shares of Generac stock. The stock was sold at an average price of $213.35, for a total transaction of $125,023.10.

Generac Trading Up 0.5%

Shares of NYSE GNRC traded up $0.95 during midday trading on Friday, reaching $208.18. The company had a trading volume of 3,035,785 shares, compared to its average volume of 1,086,606. The company has a quick ratio of 1.00, a current ratio of 2.04 and a debt-to-equity ratio of 0.43. Generac Holdings Inc. has a one year low of $134.80 and a one year high of $296.44. The stock has a market cap of $12.28 billion, a PE ratio of 47.97, a price-to-earnings-growth ratio of 1.49 and a beta of 1.91. The firm’s fifty day moving average price is $203.07 and its 200-day moving average price is $226.58.

Generac (NYSE:GNRC) last issued its quarterly earnings data on Wednesday, July 29th. The technology company reported $2.91 earnings per share for the quarter, topping analysts’ consensus estimates of $2.01 by $0.90. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.18 billion. Generac had a return on equity of 17.83% and a net margin of 5.82%.The business’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same period last year, the company earned $1.65 EPS. On average, equities research analysts anticipate that Generac Holdings Inc. will post 9.78 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Robert W. Baird set a $305.00 price target on shares of Generac in a research note on Thursday, July 30th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Generac in a research report on Thursday. TD Cowen reiterated a “buy” rating on shares of Generac in a report on Monday, July 20th. Weiss Ratings upgraded shares of Generac from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, August 5th. Finally, Zacks Research upgraded shares of Generac from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 31st. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $295.40.

More Generac News

Here are the key news stories impacting Generac this week:

• Positive Sentiment: Amazon agreed to purchase up to $8 billion of Generac backup generators through 2033, including approximately $2.4 billion of deliveries expected in 2027 and 2028. The contract gives Generac significant multiyear revenue visibility and strengthens its position as a supplier of behind-the-meter power for artificial-intelligence data centers. Generac Plugs into Amazon for an $8B AI-Powered Deal
• Positive Sentiment: Amazon also received warrants to buy up to approximately $340 million of GNRC shares at about $200.93 per share. Although potential dilution is roughly 2.9% of shares outstanding, the warrants align Amazon’s ownership with cumulative purchases and support the strategic importance of the relationship. Amazon obtains right to buy stock in Generac
• Positive Sentiment: Analysts responded favorably: JPMorgan raised its price target to $265 and maintained an overweight rating, while Canaccord lifted its target to $375 with a buy rating. Generac’s data-center backlog reportedly reached $1.6 billion in the second quarter, and estimate revisions could provide additional support. Generac: Hyperscale Wins Underpin Multi-Year AI Monetization Opportunity
• Neutral Sentiment: The Amazon announcement has already prompted a major repricing, making investors more focused on whether Generac can expand manufacturing capacity, meet delivery schedules and convert the agreement into profitable cash flow. The company’s relatively strong liquidity and moderate leverage provide some financial flexibility.
• Negative Sentiment: Risks include dependence on a single large customer, potential margin pressure from Amazon’s negotiating leverage and raw-material costs, execution challenges during the production ramp, and the possibility that the broader $8 billion commitment is not fully realized. The warrants could also dilute existing shareholders.

Hedge Funds Weigh In On Generac

A number of institutional investors and hedge funds have recently modified their holdings of the company. Callan Family Office LLC purchased a new position in shares of Generac during the 2nd quarter valued at about $3,033,000. Hsbc Holdings PLC raised its position in shares of Generac by 42.8% during the 4th quarter. Hsbc Holdings PLC now owns 93,080 shares of the technology company’s stock valued at $12,711,000 after purchasing an additional 27,893 shares during the period. Patton Fund Management Inc. purchased a new stake in Generac in the 1st quarter worth $3,797,000. Virtu Financial LLC lifted its position in shares of Generac by 89.2% in the fourth quarter. Virtu Financial LLC now owns 30,377 shares of the technology company’s stock valued at $4,143,000 after acquiring an additional 14,321 shares in the last quarter. Finally, Maverick Capital Ltd. bought a new position in shares of Generac in the first quarter worth about $1,267,000. 84.04% of the stock is currently owned by hedge funds and other institutional investors.

About Generac

Generac Holdings Inc is an energy technology company that designs and manufactures power generation and energy management products. Its portfolio includes residential standby generators, portable generators, commercial and industrial generator systems, and related transfer switches, controls and monitoring technologies.

The company also offers clean energy and electrification solutions, including battery energy storage systems, solar-related products, electric vehicle chargers and load-management technologies.