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Generac president Kyle Raabe sells $128,179 of GNRC common stock

Generac president Kyle Raabe sells $128,179 of GNRC common stock

Generac Holdings Inc., a major player in the home power generation industry (ticker symbol GNRC on the NYSE), reported on October 2, 2026, that its President, Kyle Raabe, had sold 603 shares of the company's common stock. The sale amounted to $128,179, with the shares traded at $212.57 each. This sale was executed pursuant to a pre-established 10b5-1 trading plan, which Raabe had in place since May 5, 2026.

In addition to the sale, Raabe also exercised 213 shares of stock options, which he subsequently sold at the same price of $212.57 per share, for a total of $45,277. This brings Mr. Raabe's direct beneficial ownership of Generac common stock to 9,966 shares. Notably, these transactions occurred while the stock price has climbed significantly to $224.94, marking a 65% increase year-to-date.

Analysts have been closely monitoring Generac, with the company recently capturing significant attention due to its financial and strategic developments. Piper Sandler has initiated coverage on Generac with an overweight rating, while KeyBanc has upgraded the stock to an Overweight rating. These opinions reflect the diverse perspectives on Generac's potential and strategic moves in the market.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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