Generac (NYSE:GNRC) Insider Kyle Andrew Raabe Sells 603 Shares

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

Generac Stock Performance

NYSE:GNRC opened at $208.18 on Friday. The business has a 50 day moving average of $202.55 and a 200 day moving average of $226.45. The company has a market capitalization of $12.28 billion, a price-to-earnings ratio of 47.97, a PEG ratio of 1.77 and a beta of 1.91. Generac Holdings Inc. has a 1-year low of $134.80 and a 1-year high of $296.44. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.04 and a quick ratio of 1.00.

Generac (NYSE:GNRC) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $2.91 EPS for the quarter, beating analysts’ consensus estimates of $2.01 by $0.90. The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.18 billion. Generac had a net margin of 5.82% and a return on equity of 17.83%. The business’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period last year, the business earned $1.65 earnings per share. On average, sell-side analysts predict that Generac Holdings Inc. will post 9.78 earnings per share for the current fiscal year.

Institutional Trading of Generac

Several large investors have recently added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC raised its holdings in Generac by 5.6% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 6,417 shares of the technology company’s stock worth $1,879,000 after purchasing an additional 341 shares in the last quarter. Tidal Investments LLC boosted its stake in shares of Generac by 94.3% during the 2nd quarter. Tidal Investments LLC now owns 55,302 shares of the technology company’s stock valued at $16,193,000 after purchasing an additional 26,836 shares in the last quarter. WINTON GROUP Ltd bought a new stake in shares of Generac during the 2nd quarter valued at about $1,260,000. Engineers Gate Manager LP purchased a new position in shares of Generac during the second quarter valued at about $688,000. Finally, NorthRock Partners LLC bought a new position in Generac in the second quarter worth about $377,000. Institutional investors own 84.04% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on GNRC. Barclays lowered their price target on shares of Generac from $285.00 to $278.00 and set an “equal weight” rating for the company in a research note on Thursday, July 30th. Jefferies Financial Group restated a “buy” rating on shares of Generac in a research report on Thursday. DA Davidson set a $333.00 price target on Generac in a research note on Thursday, July 30th. Robert W. Baird set a $305.00 price objective on Generac in a research report on Thursday, July 30th. Finally, Citigroup increased their price objective on Generac from $263.00 to $300.00 and gave the company a “neutral” rating in a research note on Thursday, July 2nd. Two equities research 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 company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $295.40.

Trending Headlines about Generac

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.

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.