KD Logo

Examining the Potential Price Growth of Generac Holdings Inc (GNRC)

Generac Holdings Inc’s recently made public that its Officer Jagdfeld Aaron acquired Company’s shares for reported $0.83 million on Nov 01 ’24. In the deal valued at $166.60 per share,5,000 shares were bought.

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

Then, Kanuru Rajendra Kumar bought 3,000 shares, generating $483,570 in total proceeds.

Before that, Jagdfeld Aaron sold 5,000 shares. Generac Holdings Inc shares valued at $794,650 were divested by the Chief Executive Officer at a price of $158.93 per share. As a result of the transaction, Jagdfeld Aaron now holds 562,177 shares, worth roughly $94.96 million.

TD Cowen reiterated its Generac Holdings Inc [GNRC] rating to a Buy in a research note published on November 01, 2024; the price target was $183. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in early August has reiterated a ‘”a Buy”‘ rating for it. Janney also remained covering GNRC and has decreased its forecast on June 13, 2024 with a “Neutral” recommendation from previously “Buy” rating. Guggenheim revised its rating on May 30, 2024. It rated GNRC as “a Sell” which previously was an “a Neutral”.

Price Performance Review of GNRC

On Friday, Generac Holdings Inc [NYSE:GNRC] saw its stock jump 2.03% to $168.91. Over the last five days, the stock has gained 2.74%. Generac Holdings Inc shares have risen nearly 30.69% since the year began. Nevertheless, the stocks have risen 75.71% over the past one year. While a 52-week high of $176.14 was reached on 10/17/24, a 52-week low of $93.06 was recorded on 02/26/24. SMA at 50 days reached $157.17, while 200 days put it at $139.63.

Levels Of Support And Resistance For GNRC Stock

The 24-hour chart illustrates a support level at 165.65, which if violated will result in even more drops to 162.40. On the upside, there is a resistance level at 172.45. A further resistance level may holdings at 175.99. The Relative Strength Index (RSI) on the 14-day chart is 58.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.73, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 37.79%. Stochastics %K at 42.67% indicates the stock is a holding.

How much short interest is there in Generac Holdings Inc?

A steep rise in short interest was recorded in Generac Holdings Inc stocks on 2024-10-15, growing by 0.15 million shares to a total of 2.74 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 2.59 million shares. There was a rise of 5.64%, which implies that there is a positive sentiment for the stock.

Most Popular