Generac Holdings (GNRC) has shown a mix of promising and concerning events lately. Rising by 16.3% since the last earnings report, the company has also secured a new contract with Arizona Public Service. Norges Bank recently took a $67.25 million position, indicating big bet on its potential. Acquisitions have also lined up, including Apricity Code & Off Grid Energy, further diversifying GNRC’s portfolio. However, GNRC saw ownership changes with multiple stakes being reduced or sold, evidencing movement from some investors. There were also a series of insider share sell-offs, including those from insiders Patrick Forsythe and Erik Wilde. Despite some 'Sell' ratings from Guggenheim and J.P. Morgan, analyst consensus gives them a 'Moderate Buy' rating. Furthermore, Generac's earnings are expected to grow.
Generac Holdings GNRC News Analytics from Wed, 25 Oct 2023 07:00:00 GMT to Sat, 01 Jun 2024 15:04:25 GMT -
Rating -2
- Innovation 5
- Information 8
- Rumor -3
