Generac Holdings Inc. (NYSE:GNRC) has had a significant movement in the stock market as various investment groups like Russell Investments Group Ltd and Amalgamated Bank have adjusted their stakes in the company. The company reported its Q1 earnings and outpaced other computer and technology stocks this year. Generac also launched a new solar panel for off-grid charging, demonstrating its commitment to sustainable and innovative solutions. Russell Investments Group Ltd. decreased its shares by 13,440. Kessler Investment Group LLC and Merit Financial Group LLC, on the other hand, have increased their position. The company's intrinsic value is potentially 46% above its share price, making it an attractive investment, despite substantial selling by Swiss National Bank and Truist Financial Corp. Retirement Systems of Alabama, First Trust Direct Indexing L.P, and Russell Investments Group also reduced their shares. The company's stock outpaced the stock market gains and showed a bullish long-term opportunity. Yet, the stock dipped more than the broader market after the last earnings report.
Generac Holdings GNRC News Analytics from Wed, 25 Oct 2023 07:00:00 GMT to Sun, 12 May 2024 20:40:22 GMT -
Rating 6
- Innovation 7
- Information 9
- Rumor 5
