KLP Kapitalforvaltning AS Sells 2,100 Shares of Generac Holdings Inc. (NYSE:GNRC)\n\nKLP Kapitalforvaltning AS has reduced its stake in Generac Holdings Inc. by 15.3%, now holding 11,600 shares valued at approximately $1.47 million. CEO Aaron Jagdfeld sold 5,000 shares of Generac's stock for about $712,000, decreasing his ownership by 0.88% while still holding over 562,000 shares. Generac's recent quarterly earnings showed an EPS of $1.26, exceeding analyst expectations and reflecting a revenue increase of 5.9% year over year.\n\nKLP Kapitalforvaltning AS lessened its stake in Generac Holdings Inc. ( - ) by 15.3% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,600 shares of the technology company's stock after selling 2,100 shares during the quarter. KLP Kapitalforvaltning AS's holdings in Generac were worth $1,469,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds have also bought and sold shares of GNRC. Hurley Capital LLC acquired a new stake in shares of Generac during the 4th quarter worth approximately $26,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in Generac during the first quarter worth $28,000. Quadrant Capital Group LLC boosted its holdings in shares of Generac by 61.7% in the 4th quarter. Quadrant Capital Group LLC now owns 228 shares of the technology company's stock valued at $35,000 after purchasing an additional 87 shares in the last quarter. Private Trust Co. NA increased its stake in shares of Generac by 42.9% in the 1st quarter. Private Trust Co. NA now owns 300 shares of the technology company's stock valued at $38,000 after purchasing an additional 90 shares during the last quarter. Finally, Ostrum Asset Management acquired a new position in shares of Generac during the 4th quarter worth $50,000. Institutional investors own 84.04% of the company's stock.\n\nIn related news, CEO sold 5,000 shares of the business's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $142.40, for a total transaction of $712,000.00. Following the transaction, the chief executive officer directly owned 562,966 shares in the company, valued at approximately $80,166,358.40. The trade was a 0.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission.\n\n2.70% of the stock is currently owned by corporate insiders. Shares of opened at $156.88 on Friday. The company has a market cap of $9.27 billion, a PE ratio of 27.33, a price-to-earnings-growth ratio of 1.42 and a beta of 1.72. The company has a quick ratio of 0.89, a current ratio of 1.97 and a debt-to-equity ratio of 0.48. Generac Holdings Inc. has a 52-week low of $99.50 and a 52-week high of $195.94. The business has a 50-day moving average price of $136.99 and a 200-day moving average price of $133.93.\n\nGenerac Holdings Inc. has a 52-week low of $99.50 and a 52-week high of $195.94. The business has a 50-day moving average price of $136.99 and a 200-day moving average price of $133.93. Generac ( - ) last released its quarterly earnings results on Wednesday, April 30th. The technology company reported $1.26 EPS for the quarter, beating analysts' consensus estimates of $0.99 by $0.27. Generac had a return on equity of 18.90% and a net margin of 7.68%. The business had revenue of $942.12 million during the quarter, compared to analyst estimates of $921.78 million. During the same period in the prior year, the firm posted $0.88 EPS. Generac's quarterly revenue was up 5.9% compared to the same quarter last year.\n\nEquities analysts anticipate that Generac Holdings Inc. will post 8 earnings per share for the current fiscal year. Several research firms recently weighed in on GNRC. Janney Montgomery Scott raised Generac from a \"neutral\" rating to a \"buy\" rating in a research note on Wednesday, May 7th. TD Cowen decreased their price target on shares of Generac from $173.00 to $155.00 and set a \"buy\" rating on the stock in a report on Thursday, May 1st. Stephens reissued an \"overweight\" rating and issued a $175.00 price objective on shares of Generac in a research note on Tuesday, May 27th. Stifel Nicolaus decreased their target price on shares of Generac from $200.00 to $195.00 and set a \"buy\" rating on the stock in a research note on Thursday, May 1st. Finally, Robert W. Baird lowered their price target on shares of Generac from $171.00 to $127.00 and set a \"neutral\" rating for the company in a report on Thursday, May 1st. Eight research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of \"Moderate Buy\" and a consensus price target of $164.58.\n\nGenerac Holdings Inc designs, manufactures, and distributes various energy technology products and solutions 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.

KLP Kapitalforvaltning AS Sells 2,100 Shares of Generac Holdings Inc. (NYSE:GNRC)

KLP Kapitalforvaltning AS reduced its stake in Generac Holdings Inc. by 15.3%, holding 11,600 shares valued at $1.47 million. CEO Aaron Jagdfeld sold 5,000 shares for $712,000, decreasing his ownership by 0.88%. Generac reported $1.26 EPS for the quarter, exceeding analyst expectations, with 5.9% YoY revenue growth. Institutional investors and analysts also adjusted their positions, with Generac's market cap at $9.27 billion and a consensus rating of "Moderate Buy".