Rep. Robert Bresnahan, Jr. Sells Off Shares of Generac Holdings Inc. (NYSE:GNRC)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Generac Holdings Inc. NYSE: GNRC. In a filing disclosed on April 28th, the Representative disclosed that they had sold between $1,001 and $15,000 in Generac stock on April 8th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of DexCom NASDAQ: DXCM on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Invesco NYSE: IVZ on 4/8/2025.
• Sold $15,001 - $50,000 in shares of Occidental Petroleum NYSE: OXY on 4/8/2025.
• Sold $15,001 - $50,000 in shares of Pfizer NYSE: PFE on 4/8/2025.
• Sold $1,001 - $15,000 in shares of QUALCOMM NASDAQ: QCOM on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Best Buy NYSE: BBY on 4/8/2025.
• Sold $1,001 - $15,000 in shares of EOG Resources NYSE: EOG on 4/8/2025.
• Sold $1,001 - $15,000 in shares of CSX NASDAQ: CSX on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Valero Energy NYSE: VLO on 4/8/2025.
• Sold $15,001 - $50,000 in shares of Accenture NYSE: ACN on 4/8/2025.

Generac Trading Up 1.6 %

Shares of Generac stock traded up $1.78 on Friday, reaching $114.45. 1,090,037 shares of the company were exchanged, compared to its average volume of 850,981. The company has a current ratio of 1.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.48. Generac Holdings Inc. has a fifty-two week low of $99.50 and a fifty-two week high of $195.94. The firm has a market capitalization of $6.82 billion, a price-to-earnings ratio of 21.19, a price-to-earnings-growth ratio of 1.44 and a beta of 1.73. The stock has a fifty day moving average price of $122.07 and a 200-day moving average price of $149.77.

Generac (NYSE:GNRC - Get Free Report) last announced its earnings results on Wednesday, April 30th. The technology company reported $1.26 EPS for the quarter, topping the consensus estimate of $0.99 by $0.27. Generac had a net margin of 7.36% and a return on equity of 18.17%. The company had revenue of $942.12 million during the quarter, compared to analysts' expectations of $921.78 million. During the same period last year, the company posted $0.88 earnings per share. The business's revenue for the quarter was up 5.9% on a year-over-year basis. On average, analysts expect that Generac Holdings Inc. will post 8 EPS for the current year.

Institutional Trading of Generac

A number of institutional investors and hedge funds have recently modified their holdings of GNRC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Generac by 1.1% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,456 shares of the technology company's stock valued at $1,001,000 after acquiring an additional 72 shares in the last quarter. MetLife Investment Management LLC raised its holdings in shares of Generac by 0.5% in the 4th quarter. MetLife Investment Management LLC now owns 17,004 shares of the technology company's stock worth $2,636,000 after buying an additional 77 shares in the last quarter. Alaethes Wealth LLC lifted its position in shares of Generac by 0.7% during the 4th quarter. Alaethes Wealth LLC now owns 11,721 shares of the technology company's stock worth $1,817,000 after buying an additional 78 shares during the period. Allworth Financial LP boosted its stake in Generac by 3.0% in the 4th quarter. Allworth Financial LP now owns 2,738 shares of the technology company's stock valued at $435,000 after buying an additional 80 shares in the last quarter. Finally, Venturi Wealth Management LLC raised its stake in Generac by 42.0% during the fourth quarter. Venturi Wealth Management LLC now owns 284 shares of the technology company's stock worth $44,000 after acquiring an additional 84 shares in the last quarter. 84.04% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on GNRC shares. TD Securities lowered their price target on Generac from $173.00 to $155.00 and set a "buy" rating on the stock in a report on Thursday. Canaccord Genuity Group lowered their target price on Generac from $200.00 to $180.00 and set a "buy" rating on the stock in a research note on Thursday. Piper Sandler reduced their price target on shares of Generac from $175.00 to $155.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Truist Financial lowered their price objective on shares of Generac from $210.00 to $200.00 and set a "buy" rating on the stock in a research report on Thursday, January 16th. Finally, Bank of America started coverage on shares of Generac in a research report on Monday, March 24th. They issued a "buy" rating and a $182.00 target price for the company. Nine equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $167.20.

Insiders Place Their Bets

In related news, CEO Aaron Jagdfeld sold 5,000 shares of Generac stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $145.15, for a total transaction of $725,750.00. Following the completion of the transaction, the chief executive officer now directly owns 565,825 shares of the company's stock, valued at $82,129,498.75. This trade represents a 0.88 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 2.90% of the company's stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

Generac Company Profile

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.