Generac Holdings Inc.’s Stock Price Skyrockets to 151.22 USD, Boasting a Robust 4.46% Increase

Generac Holdings Inc. (GNRC)

151.22 USD +6.45 (+4.46%) Volume: 1.05M

Generac Holdings Inc.’s stock price surged to $151.22, marking a significant trading session increase of +4.46%. With a robust trading volume of 1.05M and a year-to-date percentage change of +17.01%, GNRC’s stock performance continues to impress investors.

Latest developments on Generac Holdings Inc.

Generac Holdings Inc. (NYSE:GNRC) has been experiencing fluctuations in its stock price due to recent events in the market. Janney Montgomery Scott LLC sold shares worth $7.48 million in the company, while Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings to $4.29 million. Brown Advisory Inc. also made a move by selling 89,049 shares of GNRC. Additionally, Ieq Capital LLC decreased its stock position in Generac Holdings. On another note, Generac Holdings saw a large increase in short interest, indicating potential market volatility. Victory Capital Management Inc. took a $1.44 million position in the company amidst all these changes. The market seems to be reacting to these transactions, impacting the stock price of Generac Holdings today.

A look at Generac Holdings Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Generac Holdings, Inc. manufactures a variety of generators for different markets. According to Smartkarma Smart Scores, the company has a mixed outlook across different factors. While it scores high on momentum, indicating strong market performance, it falls short on dividend and growth scores. This suggests that while Generac Holdings may be performing well in the short term, there may be limitations to its long-term growth potential.

Overall, Generac Holdings has a balanced outlook with decent scores in value and resilience. The company’s focus on providing generators for residential, commercial, industrial, and telecommunications markets demonstrates its diversification strategy. However, with lower scores in growth and dividend, investors may need to consider the company’s long-term prospects carefully before making investment decisions.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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