Recent updates on Generac Holdings Inc. (GNRC) reveal mixed signals. Several investment advisory groups have adjusted their ownership positions in GNRC’s stock. Campbell & CO Investment Adviser LLC, Watchman Group Inc, and Capital World Investors have shown positive investor sentiment by acquiring substantial shares in GNRC, as well as the Bank of Nova Scotia, Evercore Wealth Management LLC, and Frankling Resources Inc. Notable stock sells have been made by insiders, with executive Rajendra Kanuru and EVP Patrick John Forsythe both selling large numbers of shares. Investment groups such as Stifel Financial Corp, Rathbones Group PLC, Quadrant Capital Group LLC, and Corient Private Wealth LLC have decreased their stakes in GNRC. Despite the mixed investor activity, GNRC share price continues to trend upwards, with potential intrinsic value noted to be possibly 46% higher. Also, the firm has reportedly surpassed revenue estimates, but has been recently downgraded by J.P. Morgan and Guggenheim on the basis of valuation.
Generac Holdings GNRC News Analytics from Wed, 25 Oct 2023 07:00:00 GMT to Sun, 09 Jun 2024 15:37:00 GMT -
Rating 5
- Innovation 3
- Information 7
- Rumor -4
