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Citigroup reiterates Generac Holdings Inc (GNRC) stock to a Neutral

Generac Holdings Inc’s filing revealed that its Officer Jagdfeld Aaron acquired Company’s shares for reported $0.73 million on Feb 03 ’25. In the deal valued at $145.15 per share,5,000 shares were bought.

Then, Jagdfeld Aaron sold 5,000 shares, generating $787,500 in total proceeds. Upon selling the shares at $157.50, the Chief Executive Officer now owns 570,825 shares.

Before that, Jagdfeld Aaron bought 5,000 shares. Generac Holdings Inc shares valued at $787,500 were divested by the Officer at a price of $157.50 per share.

Citigroup reiterated its Generac Holdings Inc [GNRC] rating to a Neutral in a research note published on January 08, 2025; the price target was $162. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in early December with a ‘”an Equal weight”‘ rating. TD Cowen also remained covering GNRC and reiterated its “Buy” recommendation on November 01, 2024. TD Cowen maintained its rating on August 01, 2024. It rated GNRC as “a Buy”.

Price Performance Review of GNRC

On Monday, Generac Holdings Inc [NYSE:GNRC] saw its stock fall -3.18% to $144.58. Over the last five days, the stock has lost -6.90%. Generac Holdings Inc shares have fallen nearly -6.75% since the year began. Nevertheless, the stocks have risen 27.19% over the past one year. While a 52-week high of $195.94 was reached on 01/21/25, a 52-week low of $108.89 was recorded on 02/03/25. SMA at 50 days reached $165.91, while 200 days put it at $154.79.

Levels Of Support And Resistance For GNRC Stock

The 24-hour chart illustrates a support level at 142.75, which if violated will result in even more drops to 140.92. On the upside, there is a resistance level at 146.90. A further resistance level may holdings at 149.22. The Relative Strength Index (RSI) on the 14-day chart is 30.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.81, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.96%. Stochastics %K at 22.01% 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 2025-01-15, dropping by 50312.0 shares to a total of 2.61 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 2.66 million shares. There was a decline of -1.93%, which implies that there is a negative sentiment for the stock.

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