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Insider Sale at Generac Holdings (GNRC) Continues Selling Trend

· 02/04/2021 17:20

10:19 PM EST, 02/04/2021 (MT Newswires) -- One Generac Holdings insider Aaron Jagdfeld, Director and Officer, today, disposed of 5,000 shares having a market value of approximately $1,248,542, as disclosed in a form 4 document filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 19,500 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 24,500 shares and have averaged 8,167 shares per transaction over this time period.

The number of insider buy/sell trades at Generac Holdings is below that of the 2 peer company average over the last 90-day period. The Portable Motors & Generators peer group saw 11 buy/sell trades during this period for an average of 5.5 transactions per company. This trading also represents a lower number of shares per transaction. Within the peer group there were 0 shares purchased and 208,590 shares sold with company insiders selling 18,963 shares on average over this time period.

The data sourced in evaluating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.