Realta Investment Advisors Has $461,000 Stake in Generac Holdings Inc. (NYSE:GNRC)

Realta Investment Advisors reduced its stake in shares of Generac Holdings Inc. (NYSE:GNRC) by 13.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,902 shares of the technology company’s stock after selling 438 shares during the quarter. Realta Investment Advisors’ holdings in Generac were worth $461,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Jennison Associates LLC lifted its holdings in Generac by 133.6% during the 4th quarter. Jennison Associates LLC now owns 672,213 shares of the technology company’s stock valued at $104,227,000 after purchasing an additional 384,434 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Generac by 114.8% during the third quarter. The Manufacturers Life Insurance Company now owns 559,816 shares of the technology company’s stock worth $88,944,000 after buying an additional 299,205 shares in the last quarter. Disciplined Growth Investors Inc. MN raised its stake in shares of Generac by 5.6% in the third quarter. Disciplined Growth Investors Inc. MN now owns 385,584 shares of the technology company’s stock valued at $61,262,000 after acquiring an additional 20,576 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in shares of Generac by 25,311.7% in the 3rd quarter. International Assets Investment Management LLC now owns 267,077 shares of the technology company’s stock worth $42,433,000 after acquiring an additional 266,026 shares in the last quarter. Finally, Stephens Investment Management Group LLC grew its position in Generac by 678.5% during the 3rd quarter. Stephens Investment Management Group LLC now owns 192,349 shares of the technology company’s stock worth $30,560,000 after acquiring an additional 167,641 shares during the last quarter. 84.04% of the stock is owned by institutional investors.

Insider Activity at Generac

In other Generac news, CEO Aaron Jagdfeld sold 5,000 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $145.15, for a total value of $725,750.00. Following the completion of the transaction, the chief executive officer now directly owns 565,825 shares of the company’s stock, valued at approximately $82,129,498.75. The trade was a 0.88 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 2.90% of the company’s stock.

Generac Price Performance

Generac stock opened at $142.64 on Friday. The company has a current ratio of 2.03, a quick ratio of 0.96 and a debt-to-equity ratio of 0.56. The firm has a market capitalization of $8.49 billion, a P/E ratio of 29.59, a PEG ratio of 1.51 and a beta of 1.42. The business has a 50-day moving average of $161.85 and a 200-day moving average of $161.10. Generac Holdings Inc. has a 1 year low of $108.89 and a 1 year high of $195.94.

Analyst Ratings Changes

A number of research firms have commented on GNRC. Citigroup reduced their price objective on Generac from $172.00 to $162.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 8th. The Goldman Sachs Group upped their price target on shares of Generac from $148.00 to $193.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. JPMorgan Chase & Co. raised their price objective on shares of Generac from $160.00 to $178.00 and gave the company a “neutral” rating in a research report on Thursday, October 17th. Roth Mkm upped their target price on shares of Generac from $160.00 to $175.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Finally, Stifel Nicolaus raised their price target on shares of Generac from $185.00 to $210.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. One analyst has rated the stock with a sell rating, nine have given a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat.com, Generac presently has an average rating of “Moderate Buy” and an average target price of $174.30.

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.