Values First Advisors Inc. Invests $323,000 in Generac Holdings Inc. (NYSE:GNRC)

Values First Advisors Inc. acquired a new stake in Generac Holdings Inc. (NYSE:GNRC) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 2,081 shares of the technology company’s stock, valued at approximately $323,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GNRC. Allspring Global Investments Holdings LLC lifted its holdings in shares of Generac by 819.4% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 183,254 shares of the technology company’s stock valued at $28,738,000 after purchasing an additional 163,323 shares in the last quarter. Regents Gate Capital LLP acquired a new stake in Generac in the 4th quarter valued at approximately $3,586,000. Savant Capital LLC lifted its stake in Generac by 2.5% in the 4th quarter. Savant Capital LLC now owns 11,061 shares of the technology company’s stock valued at $1,715,000 after acquiring an additional 273 shares in the last quarter. MFA Wealth Advisors LLC boosted its position in Generac by 16.6% during the 4th quarter. MFA Wealth Advisors LLC now owns 26,911 shares of the technology company’s stock worth $4,173,000 after acquiring an additional 3,829 shares during the last quarter. Finally, Stiles Financial Services Inc grew its stake in shares of Generac by 17.3% during the 4th quarter. Stiles Financial Services Inc now owns 14,428 shares of the technology company’s stock worth $2,237,000 after acquiring an additional 2,130 shares in the last quarter. 84.04% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

GNRC has been the topic of a number of research reports. JPMorgan Chase & Co. boosted their price objective on shares of Generac from $160.00 to $178.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. StockNews.com raised shares of Generac from a “hold” rating to a “buy” rating in a research report on Monday, October 28th. Truist Financial decreased their price objective on Generac from $210.00 to $200.00 and set a “buy” rating for the company in a report on Thursday, January 16th. Citigroup dropped their target price on Generac from $172.00 to $162.00 and set a “neutral” rating on the stock in a report on Wednesday, January 8th. Finally, Stifel Nicolaus raised their price target on Generac from $185.00 to $210.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $173.55.

Insider Buying and Selling at Generac

In other Generac news, CEO Aaron Jagdfeld sold 5,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $145.15, for a total transaction of $725,750.00. Following the transaction, the chief executive officer now owns 565,825 shares in the company, valued at $82,129,498.75. This represents a 0.88 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 2.90% of the company’s stock.

Generac Stock Up 7.5 %

Shares of GNRC opened at $152.35 on Thursday. The firm has a market cap of $9.06 billion, a P/E ratio of 31.61, a price-to-earnings-growth ratio of 1.44 and a beta of 1.42. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.96 and a current ratio of 2.03. Generac Holdings Inc. has a 52 week low of $108.89 and a 52 week high of $195.94. The firm’s 50-day simple moving average is $157.62 and its 200 day simple moving average is $160.69.

Generac (NYSE:GNRC) last posted its earnings results on Wednesday, February 12th. The technology company reported $2.80 EPS for the quarter, beating the consensus estimate of $2.49 by $0.31. Generac had a return on equity of 16.70% and a net margin of 7.17%. On average, analysts forecast that Generac Holdings Inc. will post 6.91 earnings per share for the current year.

Generac Profile

Generac Holdings Inc designs, manufactures, and distributes various energy technology products and solution worldwide. The company offers residential automatic standby generators, automatic transfer switch, air-cooled engine residential standby generators, and liquid-cooled engine generators; Mobile Link, a remote monitoring system for home standby generators; residential storage solution, which consists of a system of batteries, an inverter, photovoltaic optimizers, power electronic controls, and other components; smart home solutions, such as smart thermostats and a suite of home monitoring products.