The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Generac Holdings Inc shares valued at $949,150 were sold by Jagdfeld Aaron on Dec 02 ’24. At $189.83 per share, Jagdfeld Aaron sold 5,000 shares. The insider’s holdings dropped to 575,825 shares worth approximately $89.9 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, Wilde Erik sold 4,332 shares, netting a total of over 836,379 in proceeds. Following the sale of shares at $193.07 each, the insider now holds 13,565 shares.
Before that, Jagdfeld Aaron had added 5,000 shares to its account. In a trade valued at $949,150, the Officer bought Generac Holdings Inc shares for $189.83 each.
As published in their initiating research note from Barclays on December 04, 2024, Generac Holdings Inc [GNRC] has been an Equal weight and the price target has been revised to $189. Analysts at TD Cowen resumed the stock at ‘”a Buy”‘ outlook in a report released in early November. As of August 01, 2024, TD Cowen has reiterated its “Buy” rating for GNRC. Earlier on June 13, 2024, Janney downgraded its rating. Their new recommendation was “a Neutral” for GNRC stock which previously was a “a Buy”.
Analyzing GNRC Stock Performance
During the last five days, there has been a drop of approximately -10.08%. Over the course of the year, Generac Holdings Inc shares have jumped approximately 20.80%. Shares of the company reached a 52-week high of $195.94 on 11/11/24 and a 52-week low of $108.89 on 02/26/24. A 50-day SMA is recorded $176.25, while a 200-day SMA reached $150.19. Nevertheless, trading volume fell to 0.81 million shares from 0.5 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 154.39, which, if violated, would cause prices to drop to 152.67. In the upper region, resistance lies at 159.32. The next price resistance is at 162.52. RSI (Relative Strength Index) is 24.65 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -13.41, which suggests the price will decrease in the coming days. Percent R is at 99.25%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
