Insider Selling: Generac (NYSE:GNRC) Insider Sells 603 Shares

Key Points

• Generac insider Kyle Raabe sold 603 shares at an average price of $229.50, totaling $138,388.50. The Rule 10b5-1 transaction reduced his direct holdings by 5.5% to 10,356 shares.
• Generac shares rose 0.5% to $208.18, while the company’s latest quarterly earnings of $2.91 per share exceeded analysts’ $2.01 estimate; revenue increased 10.3% year over year to $1.17 billion.
• Analysts maintain a broadly positive view, with a consensus “Moderate Buy” rating and average price target of $295.40. Recent targets range as high as $375, supported by an announced Amazon agreement for up to $8 billion in backup generators through 2033, though execution, customer concentration and dilution risks remain.

Generac Holdings Inc. (NYSE:GNRC - Get Free Report) insider Kyle Raabe sold 603 shares of Generac stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $229.50, for a total transaction of $138,388.50. Following the transaction, the insider directly owned 10,356 shares of the company's stock, valued at $2,376,702. This represents a 5.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 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 shares were sold at an average price of $213.35, for a total transaction of $125,023.10.

Generac Trading Up 0.5%

Generac stock traded up $0.95 during trading hours on Friday, reaching $208.18. 3,035,785 shares of the company's stock were exchanged, compared to its average volume of 1,086,606. The firm's 50 day simple moving average is $203.07 and its 200 day simple moving average is $226.58. Generac Holdings Inc. has a twelve month low of $134.80 and a twelve month high of $296.44. The company has a quick ratio of 1.00, a current ratio of 2.04 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $12.28 billion, a PE ratio of 47.97, a PEG ratio of 1.49 and a beta of 1.91.

Generac (NYSE:GNRC - Get Free Report) last released its earnings results on Wednesday, July 29th. The technology company reported $2.91 EPS 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 business had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.18 billion. During the same quarter last year, the firm posted $1.65 earnings per share. The firm's revenue was up 10.3% on a year-over-year basis. Research analysts predict that Generac Holdings Inc. will post 9.78 earnings per share for the current year.

Institutional Investors Weigh In On Generac

A number of institutional investors and hedge funds have recently made changes to their positions in GNRC. BlackRock Inc. bought a new stake in Generac during the second quarter valued at approximately $1,170,960,000. Geode Capital Management LLC increased its holdings in shares of Generac by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 1,490,876 shares of the technology company's stock worth $202,943,000 after buying an additional 6,332 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Generac by 9.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,038,493 shares of the technology company's stock worth $202,849,000 after buying an additional 86,863 shares during the last quarter. Bank of America Corp DE raised its position in shares of Generac by 19.7% during 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 buying an additional 122,101 shares in the last quarter. Finally, Diamant Asset Management Inc. lifted its holdings in shares of Generac by 19,433.0% during the 1st quarter. Diamant Asset Management Inc. now owns 666,075 shares of the technology company's stock worth $130,104,000 after acquiring an additional 662,665 shares during the last quarter. Institutional investors and hedge funds own 84.04% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Cantor Fitzgerald reiterated an "overweight" rating and set a $333.00 target price on shares of Generac in a research report on Wednesday. Raymond James Financial set a $286.00 price target on shares of Generac in a research note on Thursday. Wells Fargo & Company set a $280.00 price objective on shares of Generac in a research report on Thursday. Needham & Company LLC reissued a "buy" rating and set a $283.00 price objective on shares of Generac in a research report on Thursday. Finally, Canaccord Genuity Group boosted their target price on Generac from $275.00 to $375.00 and gave the company a "buy" rating in a research report on Thursday. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Generac 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.

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.

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