Nwam LLC owns a $1.22 million stake in
Generac Holdings Inc. A potential class action lawsuit is being pursued by
Levi & Korsinsky for GNRC shareholders affected by a drop in stock. GNRC's strong Q4 earning figures were helped by an increased demand for generators, due to power outages, indicating a rising trajectory for the company. The recently announced sale of 5,471 shares by
Versor Investments LP and potential weakness suggested by insider stock selling might cause some uncertainty amongst shareholders. Yet,
New York State Teachers Retirement System and
Principal Financial Group Inc have increased their stakes in GNRC. An award of $50 million given to Generac by the
U.S. Department of Energy to enhance grid resilience through clean energy solutions is seen as a major development for the company. The appointment of
Amanda Teder as the new CMO strengthens the executive leadership at Generac Holdings. Positive Q4 financial results and strong growth positions Generac as a promising long-term investment. Amidst these developments, the company also managed to launch the most powerful air-cooled home standby generator in the market, and has been hailed for managing its debt responsibly.
Generac Holdings GNRC News Analytics from Thu, 27 Jun 2024 07:00:00 GMT to Fri, 28 Feb 2025 11:05:56 GMT -
Rating 5
- Innovation 3
- Information 8
- Rumor -3
