Multiple financial institutions, including Carnegie Investment Counsel, Burney Co., Fiduciary Financial Group, and others, have adjusted their positions in Generac Holdings Inc. (NYSE:GNRC), with several buying new or additional shares. Generac has seen its stock perform exceptionally, attracting many as a value and momentum stock. Major developments include a $50 million dollar grant from the US Department of Energy for clean energy solutions, and acquisition of Ageto to bolster its microgrid and storage solutions. The firm has also unveiled its next-generation PWRcell energy storage products. The stock's performance has led to numerous upgrades and positive analyst reviews. Earnings are anticipated to grow, revealing a healthy financial status. However, insider selling has been noticed, indicating potential company concerns. Generac's CEO Aaron Jagdfeld recently sold a significant amount of GNRC stock. Despite some price target reductions, Generac maintains strong growth potential heading into the tail end of the year.
Generac Holdings GNRC News Analytics from Fri, 07 Jun 2024 07:00:00 GMT to Sat, 18 Jan 2025 09:27:21 GMT - Rating 7 - Innovation 6 - Information 7 - Rumor 3
