7,456 Shares in Generac Holdings Inc. (NYSE:GNRC) Purchased by Duality Advisers LP

Duality Advisers LP acquired a new position in shares of Generac Holdings Inc. (NYSE:GNRC - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 7,456 shares of the technology company's stock, valued at approximately $964,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. BKM Wealth Management LLC bought a new position in Generac in the 4th quarter worth about $28,000. Headlands Technologies LLC bought a new position in shares of Generac in the third quarter valued at approximately $28,000. ORG Partners LLC bought a new position in shares of Generac in the fourth quarter valued at approximately $38,000. Pinnacle Bancorp Inc. boosted its holdings in shares of Generac by 89.6% in the fourth quarter. Pinnacle Bancorp Inc. now owns 311 shares of the technology company's stock valued at $40,000 after acquiring an additional 147 shares in the last quarter. Finally, Operose Advisors LLC bought a new position in shares of Generac in the third quarter valued at approximately $40,000. Institutional investors own 84.04% of the company's stock.

Insider Activity at Generac

In related news, CEO Aaron Jagdfeld sold 5,000 shares of Generac stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $115.22, for a total transaction of $576,100.00. Following the completion of the transaction, the chief executive officer now directly owns 577,690 shares of the company's stock, valued at approximately $66,561,441.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.80% of the stock is currently owned by insiders.

Generac Stock Performance

NYSE GNRC traded up $1.08 during midday trading on Wednesday, hitting $137.18. The company had a trading volume of 770,088 shares, compared to its average volume of 1,042,018. The company has a quick ratio of 0.94, a current ratio of 2.27 and a debt-to-equity ratio of 0.62. The stock has a market cap of $8.27 billion, a price-to-earnings ratio of 41.70, a P/E/G ratio of 1.77 and a beta of 1.45. The firm has a fifty day simple moving average of $121.80 and a two-hundred day simple moving average of $116.67. Generac Holdings Inc. has a fifty-two week low of $79.86 and a fifty-two week high of $156.95.

Generac (NYSE:GNRC - Get Free Report) last released its quarterly earnings data on Wednesday, February 14th. The technology company reported $2.07 EPS for the quarter, missing analysts' consensus estimates of $2.09 by ($0.02). The business had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.09 billion. Generac had a return on equity of 14.15% and a net margin of 5.33%. Generac's revenue was up 1.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.78 earnings per share. Equities analysts forecast that Generac Holdings Inc. will post 6.3 earnings per share for the current fiscal year.

Analysts Set New Price Targets

GNRC has been the subject of several recent analyst reports. Guggenheim cut shares of Generac from a "buy" rating to a "neutral" rating in a report on Thursday, February 15th. Roth Mkm raised their target price on shares of Generac from $120.00 to $135.00 and gave the stock a "neutral" rating in a report on Tuesday. Canaccord Genuity Group raised their target price on shares of Generac from $140.00 to $150.00 and gave the stock a "buy" rating in a report on Friday, April 5th. Robert W. Baird raised their target price on shares of Generac from $112.00 to $129.00 and gave the stock a "neutral" rating in a report on Thursday, February 15th. Finally, Citigroup raised their target price on shares of Generac from $124.00 to $128.00 and gave the stock a "neutral" rating in a report on Monday, February 12th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and fifteen have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $141.65.

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.