WoodTrust Financial Corp Buys 1,996 Shares of Generac Holdings Inc. (NYSE:GNRC)

WoodTrust Financial Corp raised its holdings in Generac Holdings Inc. (NYSE:GNRC) by 18.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,600 shares of the technology company’s stock after purchasing an additional 1,996 shares during the quarter. WoodTrust Financial Corp’s holdings in Generac were worth $1,589,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of GNRC. ICA Group Wealth Management LLC acquired a new stake in shares of Generac in the 4th quarter valued at $27,000. BKM Wealth Management LLC acquired a new stake in shares of Generac in the 4th quarter valued at $28,000. ORG Partners LLC acquired a new stake in shares of Generac during the 4th quarter valued at $38,000. Quarry LP boosted its holdings in shares of Generac by 219.6% during the 4th quarter. Quarry LP now owns 294 shares of the technology company’s stock valued at $38,000 after acquiring an additional 202 shares in the last quarter. Finally, Operose Advisors LLC acquired a new stake in shares of Generac during the 3rd quarter valued at $40,000. Institutional investors and hedge funds own 84.04% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. OTR Global raised Generac from a “mixed” rating to a “positive” rating in a report on Tuesday, April 2nd. Guggenheim downgraded Generac from a “neutral” rating to a “sell” rating and set a $120.00 price objective on the stock. in a report on Thursday, May 30th. Janney Montgomery Scott downgraded Generac from a “buy” rating to a “neutral” rating and raised their price objective for the company from $126.00 to $154.00 in a report on Thursday, June 13th. Roth Mkm raised their price objective on Generac from $120.00 to $135.00 and gave the company a “neutral” rating in a report on Tuesday, April 23rd. Finally, StockNews.com raised Generac from a “hold” rating to a “buy” rating in a report on Tuesday. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $141.67.

Generac Trading Down 2.7 %

Shares of GNRC stock traded down $3.71 during mid-day trading on Friday, hitting $132.22. The company’s stock had a trading volume of 1,714,199 shares, compared to its average volume of 669,240. The company’s fifty day simple moving average is $140.16 and its 200-day simple moving average is $128.09. Generac Holdings Inc. has a 52 week low of $79.86 and a 52 week high of $156.95. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.97 and a current ratio of 2.29. The company has a market cap of $8.01 billion, a PE ratio of 36.42, a P/E/G ratio of 1.84 and a beta of 1.44.

Generac (NYSE:GNRC) last issued its earnings results on Wednesday, May 1st. The technology company reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.16. Generac had a return on equity of 14.68% and a net margin of 5.68%. The business had revenue of $889.27 million during the quarter, compared to analyst estimates of $886.60 million. During the same period in the previous year, the company posted $0.63 EPS. The firm’s revenue was up .2% compared to the same quarter last year. As a group, equities research analysts expect that Generac Holdings Inc. will post 6.15 earnings per share for the current fiscal year.

Insider Activity at Generac

In related news, CEO Aaron Jagdfeld sold 5,000 shares of the business’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $126.94, for a total value of $634,700.00. Following the completion of the sale, the chief executive officer now directly owns 592,177 shares of the company’s stock, valued at approximately $75,170,948.38. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Generac news, CEO Aaron Jagdfeld sold 5,000 shares of Generac stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $126.94, for a total transaction of $634,700.00. Following the completion of the transaction, the chief executive officer now owns 592,177 shares in the company, valued at approximately $75,170,948.38. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Erik Wilde sold 4,384 shares of Generac stock in a transaction dated Wednesday, May 22nd. The shares were sold at an average price of $154.04, for a total value of $675,311.36. Following the transaction, the executive vice president now owns 17,897 shares of the company’s stock, valued at approximately $2,756,853.88. The disclosure for this sale can be found here. Insiders sold 80,785 shares of company stock valued at $11,688,161 in the last three months. Corporate insiders own 2.80% of the company’s stock.

Generac Company Profile

Generac Holdings Inc designs, manufactures, and distributes various energy technology products and solution worldwide. The company offers residential automatic standby generators, automatic transfer switch, air-cooled engine residential standby generators, and liquid-cooled engine generators; Mobile Link, a remote monitoring system for home standby generators; residential storage solution, which consists of a system of batteries, an inverter, photovoltaic optimizers, power electronic controls, and other components; smart home solutions, such as smart thermostats and a suite of home monitoring products.