Generac Holdings has been in the spotlight with several market and company-related updates. The company's recent underperformance against
Nasdaq and
S&P 500 has alarmed few investors. However, several asset management firms like
Lecap,
Matrix Asset Advisors,
Sowell Financial Services, and
Azzad Asset Management have recently either purchased or increased their stakes in Generac. The company has also promoted
Jim Barnes as Executive Vice President -
Global Supply Chain, intensifying the focus on its supply chain management. Generac's new product offerings for the data center market received notable attention, indicating its move toward diversification. Additionally, some financial analysts anticipate the company's stock rebound, supported by strong balance sheet and robust fundamentals. On the flip side, the company has faced a class-action lawsuit notified by
Levi & Korsinsky. Lastly, an executive made a notable stock sale, which could denote potential weaknesses.
Generac Holdings GNRC News Analytics from Fri, 27 Sep 2024 07:00:00 GMT to Sat, 28 Jun 2025 04:43:37 GMT -
Rating 5
- Innovation 5
- Information 7
- Rumor -4
