Generac Holdings Inc’s recently made public that its Officer Kanuru Rajendra Kumar acquired Company’s shares for reported $0.48 million on Oct 04 ’24. In the deal valued at $161.19 per share,3,000 shares were bought.
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Then, Jagdfeld Aaron sold 5,000 shares, generating $794,650 in total proceeds. Upon selling the shares at $158.93, the Chief Executive Officer now owns 562,177 shares.
Before that, Jagdfeld Aaron bought 5,000 shares. Generac Holdings Inc shares valued at $794,650 were divested by the Officer at a price of $158.93 per share.
TD Cowen reiterated its Generac Holdings Inc [GNRC] rating to a Buy in a research note published on August 01, 2024; the price target was $172. A number of analysts have revised their coverage, including Janney’s analysts, who decreased its forecast for the stock in mid June from “a Buy” to “a Neutral”. Guggenheim also remained covering GNRC and has decreased its forecast on May 30, 2024 with a “Sell” recommendation from previously “Neutral” rating. JP Morgan revised its rating on May 23, 2024. It rated GNRC as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of GNRC
On Monday, Generac Holdings Inc [NYSE:GNRC] saw its stock jump 0.07% to $173.71. Over the last five days, the stock has lost -0.06%. Generac Holdings Inc shares have risen nearly 34.41% since the year began. Nevertheless, the stocks have risen 71.26% over the past one year. While a 52-week high of $175.86 was reached on 10/09/24, a 52-week low of $79.86 was recorded on 02/26/24. SMA at 50 days reached $151.25, while 200 days put it at $136.43.
Levels Of Support And Resistance For GNRC Stock
The 24-hour chart illustrates a support level at 170.84, which if violated will result in even more drops to 167.97. On the upside, there is a resistance level at 175.48. A further resistance level may holdings at 177.25. The Relative Strength Index (RSI) on the 14-day chart is 67.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 8.16, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.57%. Stochastics %K at 85.23% indicates the stock is a selling.
How much short interest is there in Generac Holdings Inc?
A steep rise in short interest was recorded in Generac Holdings Inc stocks on 2024-09-30, dropping by 58945.0 shares to a total of 2.76 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 2.82 million shares. There was a decline of -2.13%, which implies that there is a negative sentiment for the stock.