Generac Holdings Inc. (GNRC): York A. Ragen , Chief Financial Officer of Generac Holdings Inc. sold 12,500 shares on May 25, 2016. The Insider selling transaction was reported by the company on May 27, 2016 to the Securities and Exchange Commission. The shares were sold at $37.46 per share for a total value of $468,257.50 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 17, 2015, Aaron Jagdfeld (Pres. and CEO) sold 3,972 shares at $40.05 per share price.On Feb 18, 2015, Russell S Minick (Executive Vice President) sold 12,636 shares at $50.12 per share price.
Shares of Generac Holdings (GNRC) ended Wednesday, May 25, 2016 session in red amid volatile trading. The shares closed down -0.36 points or -0.95% at $37.43 with 5,84,233 shares getting traded. Post opening the session at $37.82, the shares hit an intraday low of $37.24 and an intraday high of $37.98 and the price vacillated in this range throughout the day. The company has a market cap of $2,491 M and the number of outstanding shares has been calculated to be 6,65,42,357 shares. The 52-week high of Generac Holdings is $43 and the 52-week low is $26.29.
Company has been under the radar of several Street Analysts.Generac Holdings is Upgraded by BofA/Merrill to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Mar 14, 2016.
Generac Holdings Inc. is a designer and manufacturer of a range of power generation equipment and other engine powered products. The Company serves the residential light commercial industrial oil and gas and construction markets. Its other engine powered products that it designs and manufactures include light towers which provide temporary lighting for various end markets; commercial and industrial mobile heaters used in the oil and gas construction and other industrial markets and a product line of power washers for residential and commercial use. It designs manufactures sources and modifies engines alternators transfer switches and other components necessary for its products. It also sells direct to certain national and regional account customers including telecommunication retail banking convenience stores grocery stores and other light commercial applications. Its products include residential products commercial and industrial (C&I) products and other products.