Generac Holdings Inc. displays mixed news in the market. Investment firms Wellington Management Group and Congress Asset Management have increased their shares in the company, while Vanguard Group and Seven Eight Capital have reduced their stakes. Although Generac has underperformed in the market recently, long-term returns have been sturdy, marking a 97% gain if you invested five years ago. Amid mixed sentiments, several brokerages have rated Generac as 'hold'. Insider sales are evident as EVP Rajendra Kanuru sold 11,790 shares. The firm completed the acquisition of Ottomotores businesses and reported Q1 2024 earnings exceeding revenue estimates. However, the market reacts negatively to increasing CEO compensation. Seemingly, Generac outpaces the stock market with its robust earnings and revenue. Investors may undervalue Generac by 30%, highlighting a possible investment opportunity. Despite this, a shareholder alert has been issued by former Louisiana Attorney General Kahn Swick.
Generac Holdings GNRC News Analytics from Wed, 29 Nov 2023 08:00:00 GMT to Sun, 23 Jun 2024 19:29:22 GMT -
Rating 4
- Innovation 0
- Information 3
- Rumor -6
