Generac Holdings Inc. $GNRC Stock Sold by Venture Visionary Partners LLC

Key Points

• Venture Visionary Partners cut its Generac stake by 75.4% in the third quarter, selling 8,353 shares and retaining 2,719 shares valued at approximately $563,000. Institutional investors still own 84.04% of the company.
• Generac insiders sold 18,442 shares worth roughly $3.66 million over the past 90 days, including sales by CEO Aaron Jagdfeld and insider Norman Taffe; the transactions were conducted under pre-arranged Rule 10b5-1 plans.
• Analysts remain broadly optimistic, with a “Moderate Buy” consensus and an average price target of $290.55, supported by data-center power demand and strong quarterly EPS. However, the stock’s P/E ratio of 51.70 leaves it sensitive to execution, demand and growth disappointments.

Venture Visionary Partners LLC decreased its holdings in Generac Holdings Inc. (NYSE:GNRC - Free Report) by 75.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,719 shares of the technology company's stock after selling 8,353 shares during the period. Venture Visionary Partners LLC's holdings in Generac were worth $563,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. N.E.W. Advisory Services LLC purchased a new stake in shares of Generac in the second quarter valued at approximately $25,000. Avalon Trust Co purchased a new position in Generac during the first quarter worth approximately $32,000. Essential Partners LLC boosted its stake in Generac by 57.0% during the first quarter. Essential Partners LLC now owns 168 shares of the technology company's stock worth $33,000 after buying an additional 61 shares during the last quarter. Continuum Advisory LLC purchased a new stake in Generac in the 2nd quarter valued at $51,000. Finally, Fiduciary Financial Advisors purchased a new stake in Generac in the 2nd quarter valued at $50,000. 84.04% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Generac news, CEO Aaron Jagdfeld sold 5,000 shares of the business's stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $194.89, for a total transaction of $974,450.00. Following the sale, the chief executive officer directly owned 554,528 shares in the company, valued at $108,071,961.92. This represents a 0.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Norman P. Taffe sold 550 shares of the stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $218.83, for a total transaction of $120,356.50. Following the sale, the insider directly owned 15,508 shares in the company, valued at $3,393,615.64. This represents a 3.43% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 18,442 shares of company stock valued at $3,656,537. Corporate insiders own 2.40% of the company's stock.

Key Generac News

Here are the key news stories impacting Generac this week:

• Positive Sentiment: Piper Sandler initiated coverage at “overweight” with a $303 price target, implying meaningful upside and adding fresh institutional support for the stock. Piper Sandler initiates coverage of Generac Holdings at overweight
• Positive Sentiment: KeyBanc upgraded Generac from “sector weight” to “overweight” and set a $280 price objective. The upgrade reflects expectations that data-center and commercial power demand can strengthen Generac’s growth outlook. KeyBanc upgrades Generac Holdings
• Positive Sentiment: Investors are focusing on Generac’s data-center backlog and commercial and industrial opportunity. Analysts see rising demand for backup and distributed power to support data-center construction and AI-related electricity needs, potentially helping offset softer residential demand. GNRC Pops on Piper’s $303 Call, Data-Center Backlog
• Positive Sentiment: A cash-flow valuation analysis suggested GNRC may be approximately 20% undervalued, supporting the argument that the recent rally may not fully reflect its longer-term earnings and cash-generation potential. Generac Stock May Be 20% Undervalued on Cash Flow
• Neutral Sentiment: Several insiders sold shares under pre-arranged Rule 10b5-1 plans. Kyle Raabe sold 603 shares, while Norman Taffe sold 550 shares across two transactions. The sales were relatively small compared with their remaining holdings and therefore appear unlikely to change the fundamental outlook. Generac insider selling alert
• Negative Sentiment: GNRC’s valuation remains demanding, with a P/E ratio above 50 based on the supplied trading data. That valuation leaves the stock sensitive to any disappointment in data-center execution, residential demand, margins or future earnings growth.

Analysts Set New Price Targets

GNRC has been the topic of several recent research reports. Citigroup lowered their price target on shares of Generac from $300.00 to $232.00 and set a "neutral" rating on the stock in a research report on Wednesday, September 30th. Raymond James Financial set a $286.00 price objective on shares of Generac in a research report on Thursday, September 17th. Needham & Company LLC reaffirmed a "buy" rating and set a $283.00 target price on shares of Generac in a research note on Thursday, September 17th. Cantor Fitzgerald decreased their target price on shares of Generac from $333.00 to $297.00 and set an "overweight" rating on the stock in a report on Monday. Finally, Wells Fargo & Company set a $280.00 price target on shares of Generac in a research note on Thursday, September 17th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $290.55.

Generac Stock Performance

NYSE:GNRC opened at $224.36 on Friday. Generac Holdings Inc. has a fifty-two week low of $134.80 and a fifty-two week high of $296.44. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.00 and a current ratio of 2.04. The company has a 50 day moving average price of $202.75 and a 200 day moving average price of $226.75. The stock has a market capitalization of $13.24 billion, a P/E ratio of 51.70, a PEG ratio of 1.90 and a beta of 1.91.

Generac (NYSE:GNRC - Get Free Report) last announced its earnings results on Wednesday, July 29th. The technology company reported $2.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.01 by $0.90. Generac had a return on equity of 17.83% and a net margin of 5.82%.The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.18 billion. During the same quarter in the previous year, the company earned $1.65 earnings per share. The firm's quarterly revenue was up 10.3% compared to the same quarter last year. Equities research analysts forecast that Generac Holdings Inc. will post 9.73 EPS for the current year.

Generac Company Profile

Generac Holdings Inc is an energy technology company that designs and manufactures power generation equipment, energy storage systems and other products intended to provide backup and distributed energy solutions. Its offerings serve residential, commercial, industrial and other users seeking standby power, portable power or greater control over energy use.

The company's product portfolio includes home standby generators, portable generators, commercial and industrial generators, mobile power equipment, engines and related transfer switches and controls.

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