Insider Sale at Generac Holdings Inc (GNRC): EVP Rajendra Kanuru Sells 3,187 Shares

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Nov 08, 2024
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Rajendra Kanuru, the Executive Vice President, General Counsel, and Corporate Secretary of Generac Holdings Inc (GNRC, Financial), sold 3,187 shares of the company on November 6, 2024. The transaction was reported in a recent SEC filing. Following this sale, the insider now owns 10,738 shares of Generac Holdings Inc.

Generac Holdings Inc, a leader in the design and manufacture of power generation equipment and other engine-powered products, has seen various insider transactions over the past year. Notably, there have been 20 insider sells and no insider buys during this period. Over the past year, Rajendra Kanuru has sold a total of 18,227 shares and has not purchased any shares.

On the date of the latest sale, shares of Generac Holdings Inc were trading at $183.58. This pricing gives the company a market cap of approximately $11.27 billion. The price-earnings ratio of the stock stands at 39.28, which is above both the industry median of 25.41 and the company's historical median.

According to the GF Value, the intrinsic value of Generac Holdings Inc is estimated at $144.04 per share, suggesting that the stock is Significantly Overvalued with a price-to-GF-Value ratio of 1.27.

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The insider transaction trends and valuation metrics provide a comprehensive view of the current stock status and insider activities at Generac Holdings Inc. For more detailed information, investors and stakeholders are encouraged to review the official SEC filings and consult professional financial advice tailored to their individual investment goals and financial situations.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.