Generac (NYSE:GNRC) Insider Sells $34,425.00 in Stock

Key Points

• Generac insider Norman Taffe sold 150 shares at an average price of $229.50, totaling $34,425, under a pre-arranged Rule 10b5-1 trading plan. He continues to own 11,276 shares.
• Generac shares traded around $208.18, while the company’s latest quarterly earnings of $2.91 per share exceeded analyst expectations of $2.01; revenue rose 10.3% year over year to $1.17 billion.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $295.40. Investor attention is also focused on Amazon’s agreement to purchase up to $8 billion of Generac generators through 2033, alongside execution, customer-concentration and potential dilution risks.

Generac Holdings Inc. (NYSE:GNRC - Get Free Report) insider Norman Taffe sold 150 shares of the company's stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $229.50, for a total transaction of $34,425.00. Following the sale, the insider owned 11,276 shares in the company, valued at $2,587,842. This represents a 1.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Generac Trading Up 0.5%

Shares of NYSE:GNRC traded up $0.95 during trading on Friday, reaching $208.18. The company's stock had a trading volume of 3,036,109 shares, compared to its average volume of 1,086,606. The company has a current ratio of 2.04, a quick ratio of 1.00 and a debt-to-equity ratio of 0.43. Generac Holdings Inc. has a 12 month low of $134.80 and a 12 month high of $296.44. The firm's 50 day simple moving average is $203.07 and its two-hundred day simple moving average is $226.58. The stock has a market capitalization 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.

Generac (NYSE:GNRC - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The technology company reported $2.91 earnings per share for the quarter, topping the consensus estimate 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 analysts' expectations of $1.18 billion. During the same period in the previous year, the firm posted $1.65 earnings per share. The firm's revenue for the quarter was up 10.3% on a year-over-year basis. On average, research analysts predict that Generac Holdings Inc. will post 9.78 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on GNRC shares. Raymond James Financial set a $286.00 price target on Generac in a report on Thursday. Robert W. Baird set a $305.00 price objective on shares of Generac in a research note on Thursday, July 30th. DA Davidson set a $333.00 price objective on shares of Generac in a research report on Thursday, July 30th. HSBC downgraded shares of Generac to a "hold" rating and set a $333.00 target price on the stock. in a research note on Thursday. Finally, Citigroup lifted their price target on shares of Generac from $263.00 to $300.00 and gave the stock a "neutral" rating in a research note on Thursday, July 2nd. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Generac currently has a consensus rating of "Moderate Buy" and a consensus target price of $295.40.

Hedge Funds Weigh In On Generac

Large investors have recently bought and sold shares of the business. BlackRock Inc. acquired a new position in shares of Generac in the second quarter worth about $1,170,960,000. Geode Capital Management LLC boosted its stake in shares of Generac by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 1,490,876 shares of the technology company's stock worth $202,943,000 after acquiring an additional 6,332 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of Generac by 9.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,038,493 shares of the technology company's stock valued at $202,849,000 after acquiring an additional 86,863 shares during the period. Bank of America Corp DE increased its stake in shares of Generac by 19.7% in the 1st quarter. Bank of America Corp DE now owns 742,576 shares of the technology company's stock valued at $145,047,000 after purchasing an additional 122,101 shares in the last quarter. Finally, Diamant Asset Management Inc. raised its holdings in Generac by 19,433.0% in the 1st quarter. Diamant Asset Management Inc. now owns 666,075 shares of the technology company's stock worth $130,104,000 after purchasing an additional 662,665 shares during the period. Hedge funds and other institutional investors own 84.04% of the company's stock.

Trending Headlines about Generac

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.

Generac Company Profile

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.

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