Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Generac Holdings Inc shares valued at $776,800 were sold by Jagdfeld Aaron on Sep 03 ’24. At $155.36 per share, Jagdfeld Aaron sold 5,000 shares. The insider’s holdings dropped to 567,177 shares worth approximately $83.28 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Jagdfeld Aaron purchased 5,000 shares, netting a total of over 776,800 in proceeds.
Before that, Jagdfeld Aaron had sold 5,000 shares from its account. In a trade valued at $779,900, the Chief Executive Officer traded Generac Holdings Inc shares for $155.98 each. Upon closing the transaction, the insider’s holdings decreased to 5,000 shares, worth approximately $84.01 million.
As published in a research note from TD Cowen on August 01, 2024, Generac Holdings Inc [GNRC] has been retained to a Buy and the price target has been revised to $172. Analysts at Janney downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid June. As of May 30, 2024, Guggenheim has decreased its “Neutral” rating to a “Sell” for GNRC. Earlier on May 23, 2024, JP Morgan downgraded its rating. Their new recommendation was “a Neutral” for GNRC stock which previously was a “an Overweight”.
Analyzing GNRC Stock Performance
During the last five days, there has been a drop of approximately -5.91%. Over the course of the year, Generac Holdings Inc shares have jumped approximately 13.61%. Shares of the company reached a 52-week high of $169.57 on 07/31/24 and a 52-week low of $108.89 on 02/26/24. A 50-day SMA is recorded $148.32, while a 200-day SMA reached $132.02. Nevertheless, trading volume fell to 0.6 million shares from 0.65 million shares the previous day.
Support And Resistance Levels for Generac Holdings Inc (GNRC)
According to the 24-hour chart, there is a support level at 145.40, which, if violated, would cause prices to drop to 143.96. In the upper region, resistance lies at 148.39. The next price resistance is at 149.94. RSI (Relative Strength Index) is 44.95 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.68, which suggests the price will decrease in the coming days. Percent R is at 89.73%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
