Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Generac Holdings Inc shares valued at $787,500 were sold by Jagdfeld Aaron on Jan 02 ’25. At $157.50 per share, Jagdfeld Aaron sold 5,000 shares. The insider’s holdings dropped to 570,825 shares worth approximately $90.54 million following the completion of this transaction.
Also, Jagdfeld Aaron purchased 5,000 shares, netting a total of over 787,500 in proceeds.
Before that, Jagdfeld Aaron had sold 5,000 shares from its account. In a trade valued at $949,150, the Chief Executive Officer traded Generac Holdings Inc shares for $189.83 each. Upon closing the transaction, the insider’s holdings decreased to 5,000 shares, worth approximately $91.34 million.
As published in a research note from Citigroup on January 08, 2025, Generac Holdings Inc [GNRC] has been retained to a Neutral and the price target has been revised to $162. Analysts at Barclays started covering the stock with ‘”an Equal weight”‘ outlook in a report released in early December. As of November 01, 2024, TD Cowen has reiterated its “Buy” rating for GNRC. Earlier on August 01, 2024, TD Cowen resumed its rating. Their recommendation was “a Buy” for GNRC stock.
Analyzing GNRC Stock Performance
During the last five days, there has been a surge of approximately 2.30%. Over the course of the year, Generac Holdings Inc shares have jumped approximately 2.30%. Shares of the company reached a 52-week high of $162.17 on 01/06/25 and a 52-week low of $154.49 on 01/02/25. A 50-day SMA is recorded $173.41, while a 200-day SMA reached $152.70. Nevertheless, trading volume fell to 0.73 million shares from 0.56 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 156.59, which, if violated, would cause prices to drop to 154.57. In the upper region, resistance lies at 160.65. The next price resistance is at 162.69. RSI (Relative Strength Index) is 38.34 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.02, which suggests the price will increase in the coming days. Percent R is at 54.40%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
