Generac (NYSE:GNRC) Insider Norman Taffe Sells 150 Shares of Stock

Generac Holdings Inc. (NYSE:GNRC) insider Norman Taffe sold 150 shares of Generac stock in a transaction that occurred on 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 directly owned 11,276 shares of the company’s stock, valued at $2,587,842. This represents a 1.31% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Generac Stock Up 0.5%

Shares of NYSE:GNRC opened at $208.18 on Friday. Generac Holdings Inc. has a 52-week low of $134.80 and a 52-week high of $296.44. The stock has a market cap of $12.28 billion, a P/E ratio of 47.97, a price-to-earnings-growth ratio of 1.77 and a beta of 1.91. The business’s 50 day moving average is $202.55 and its 200 day moving average is $226.45. The company has a quick ratio of 1.00, a current ratio of 2.04 and a debt-to-equity ratio of 0.43.

Generac (NYSE:GNRC) last issued its earnings results on Wednesday, July 29th. The technology company reported $2.91 earnings per share 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 business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.18 billion. During the same period in the previous year, the company posted $1.65 EPS. Generac’s revenue was up 10.3% on a year-over-year basis. Sell-side analysts predict that Generac Holdings Inc. will post 9.78 EPS for the current year.

Institutional Trading of Generac

Several large investors have recently added to or reduced their stakes in GNRC. N.E.W. Advisory Services LLC purchased a new position in shares of Generac in the second quarter worth about $25,000. Avalon Trust Co purchased a new stake in Generac in the first quarter valued at approximately $32,000. Essential Partners LLC boosted its position in Generac by 57.0% in the first quarter. Essential Partners LLC now owns 168 shares of the technology company’s stock valued at $33,000 after buying an additional 61 shares during the last quarter. Continuum Advisory LLC acquired a new position in Generac in the 2nd quarter worth approximately $51,000. Finally, Fiduciary Financial Advisors purchased a new position in Generac during the 2nd quarter worth approximately $50,000. Hedge funds and other institutional investors own 84.04% of the company’s stock.

More Generac News

Here are the key news stories impacting Generac this week:

• Positive Sentiment: Generac signed a long-term agreement to supply backup generators for Amazon Web Services data centers. Initial deliveries are expected to total approximately $2.4 billion in 2027 and 2028, while the broader agreement could reach $8 billion through 2033. The contract gives Generac greater revenue visibility and expands its position in the rapidly growing data-center power market. Reuters article
• Positive Sentiment: The Amazon relationship could diversify Generac beyond seasonal residential generator demand. Analysts view the deal as evidence that the company can benefit from the power shortages and grid-connection delays affecting AI and hyperscale data-center construction. Amazon also received warrants to purchase up to roughly 1.69 million Generac shares, aligning its interests with the supplier. Generac Amazon deal article
• Positive Sentiment: Wall Street became more bullish following the announcement. JPMorgan raised its price target to $265 while maintaining an overweight rating; Canaccord lifted its target to $375 and kept a buy rating; and Stephens reaffirmed its overweight rating with a $335 target. A Seeking Alpha analysis also upgraded Generac to buy, citing a $1.6 billion data-center backlog and potential multi-year AI-related growth. Seeking Alpha analysis
• Neutral Sentiment: Two insiders, Kyle Raabe and Norman Taffe, sold shares worth approximately $138,000 and $34,000, respectively. Both transactions were executed under pre-arranged Rule 10b5-1 trading plans, and the executives retained substantial holdings, reducing the significance of the sales as a bearish signal. Investors should nevertheless monitor potential dilution from Amazon’s warrants and execution risks as Generac expands production.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on GNRC shares. Wall Street Zen cut shares of Generac from a “strong-buy” rating to a “buy” rating in a report on Saturday. JPMorgan Chase & Co. increased their price objective on shares of Generac from $261.00 to $265.00 and gave the company an “overweight” rating in a research note on Friday. Stephens reissued an “overweight” rating and issued a $335.00 price objective on shares of Generac in a research note on Thursday. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $333.00 target price on shares of Generac in a research report on Wednesday. Finally, Barclays cut their price target on Generac from $285.00 to $278.00 and set an “equal weight” rating on the stock in a report on Thursday, July 30th. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $295.40.

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.