16 November 2019 05:20
(NYSE:GNRC) CEO Aaron Jagdfeld sold 20,000 shares of the business's stock in a transaction on Friday, March 1st. Following the completion of the sale, the chief executive officer now directly owns 721,281 shares in the company, valued at approximately $37,326,291.75. On Friday, February 1st, Aaron Jagdfeld sold 20,000 shares of Generac stock. On Wednesday, January 2nd, Aaron Jagdfeld sold 20,000 shares of Generac stock. The stock was sold at an average price of $50.00, for a total transaction of $1,000,000.00.
332,400 shares of the stock traded hands, compared to its average volume of 377,334. Generac Holdings Inc. has a 12 month low of $43.65 and a 12 month high of $60.70. Generac (NYSE:GNRC) last issued its quarterly earnings results on Thursday, February 14th. The technology company reported $1.42 EPS for the quarter, beating the Zacks' consensus estimate of $1.39 by $0.03. The business's quarterly revenue was up 14.3% compared to the same quarter last year.
Norges Bank acquired a new position in shares of Generac during the fourth quarter valued at about $34,945,000. APG Asset Management N.V. raised its holdings in shares of Generac by 21.4% during the fourth quarter. APG Asset Management N.V. now owns 216,100 shares of the technology company's stock valued at $9,395,000 after purchasing an additional 38,100 shares during the period. Amalgamated Bank raised its holdings in shares of Generac by 150.1% during the fourth quarter. Amalgamated Bank now owns 8,910 shares of the technology company's stock valued at $443,000 after purchasing an additional 5,347 shares during the period.
William Blair cut shares of Generac from an "outperform" rating to a "market perform" rating in a research report on Wednesday, February 6th. Finally, ValuEngine raised shares of Generac from a "sell" rating to a "hold" rating in a research report on Wednesday, January 2nd. Seven investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Generac presently has an average rating of "Hold" and a consensus target price of $57.43. The original version of this report can be accessed at -holdings-inc-gnrc-ceo-sells-1035000-00-in-stock.html. Generac Company Profile Generac Holdings Inc designs, manufactures, and sells power generation equipment and other engine powered products for the residential, light commercial, and industrial markets worldwide. Receive News & Ratings for Generac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Generac and related companies with MarketBeat.com's FREE daily email newsletter. Speaking at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum in Las Vegas last week, McDonald's CFO Kevin Ozan said there is a correlation between restaurants' staffing and their same-store sales. "We know there's a direct correlation between the restaurants that are able to staff to guide and results, comp sales, sales results, etc.," Ozan said, according to a transcript of the presentation from financial data site Sentieo. By "staff to guide," Ozan simply means that the restaurants are following staffing guidelines. "So the more that we can make sure that the restaurants are able to staff to the guidelines, that helps sales for sure." The problem, he said, is that staffing to guidelines isn't always feasible. And it's arguable that the pool of potential restaurant employees is even smaller, given the industry's breakneck hiring pace in recent years along with competition for that labor from companies such as Lyft, Uber and delivery providers. Restaurants have added an average of 21,000 jobs a month for the past two years and have added more than 500,000 employees overall during that period. "With record low unemployment, with increasing labor costs, labor is probably our—not probably—is our biggest challenge right now," Ozan said. The problem for the industry is that it's largely full of locations. Restaurants have built locations faster than the rate consumers have increased their dining occasions—forcing a growing number of restaurants to battle for a largely stagnant dining market. When some restaurants don't do their job as well, consumers shift spending toward chains that do. Because poor staffing hurts service, that pushes more consumers to go elsewhere. Restaurants have been raising wages to attract workers. Many restaurant locations advertise for workers, and often those come with hourly wages well above local minimums. We've long wondered whether labor challenges are holding sales back. And we now wonder whether the lack of labor is posing a particular challenge for fast-food restaurants. Perhaps not surprisingly, McDonald's traffic declined 2.2% last year—though the company has blamed speed problems and breakfast competition for that decline. A FAST food delivery service is finally set to open after a seven month delay. One Delivery Barrow, a franchise of the national One Delivery chain, will start delivering from the beginning of April. The firm will deliver KFC, Subway, McDonald's, Pizza Hut, Greggs, Costa and food from independent takeaways as well as beers, wines and spirits. Although the menu and prices for the Barrow franchise are not yet available to view on the website price lists for other One Delivery franchises shows the service includes a fixed delivery cost (£3.85 in Aberdeen) and meals from KFC appear to add between £1 and £2 to each item. Staff at One Delivery Barrow confirmed the venture has a licence to sell alcohol for consumption off the premises through its link to a local venue. 1) £50 cash and free Big Mac Meal delivered to your door by one-delivery.co.uk 2) Breakfast delivered to your home or work place for a week. who's the person that managed to spend $150 on McDonalds?! FOX 17 reports that someone made the order using McDelivery, which is available on the UberEats app. There are 51 participating McDonald's in Grand Rapids and the highest amount order was $148. While $148 is a crap ton for fast food, that's not even the highest amount spent in the state. According to McDonalds, the highest someone in Michigan spent on their delivery is $179. If you haven't tried out the McDelivery yet, now may be a good time because through April 8th they are giving away a couch! It's been almost a year since McDonald's completely changed our lives and launched their long-awaited delivery service in Gloucester. (Image: Eloisa Wildsmith Photography) McDonald's McDelivery via UberEats will now roll out to the restaurant on Bristol Road. That branch joins the likes of the McDonald's in Westgate Street, Branwood and St Oswalds Park which are already involved in the delivery service. Local franchisee Paul Toner said: "My team and I are delighted to be bringing McDelivery to my restaurant in Gloucester. "We are always working towards making our customers' dining experience easier and more convenient - from self-service kiosks and table service to McDelivery, I'm excited we're constantly changing to meet our customers' needs," he added. Whether you're planning a film night, watching the football or just fancy your favourite burger, customers living within 1.5 miles of the restaurant can now have Maccies delivered straight to their door. This change is just one of many that McDonald's have made in recent years which includes self-service kiosks, free to use tablets and table service are now available at nearly all of the Golden Arches eateries. (Image: tamworth herald) Other changes that McDonald's have made include the My McDonald's app which allows fans of the fast food restaurant to save their favourite orders, customise burgers and collect digital McCafé loyalty points. 2. Pick delivery location - enter the address where you'd like your meal delivered 3. Search for your nearest McDonald's location in the app You can add notes to customise your meal and like Uber the order is charged to your card on file. 5. Follow the progress of the delivery - get updates on the preparation of your order and watch your bicycle/motorcycle courier arrive live in-app.