FMR Corp picks up 27,168 shares of Generac

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Bobby Raines 07/07/2014

FMR Corp., which already controls more than 10% of the shares of Generac Holdings ( GNRC ) bought 27,168 shares of that company's common stock on July 1. At $47.04 per share, FMR paid a total of $1,277,982.72 for the shares.

IK-> The technicals for GNRC ($46.68 down $1.34) are bullish with an upward trend. Recent support has been around $46.27 and recent resistance has been near $49.52. Standard & Poor's does not follow the stock. Look at the Aug. 38/42 bull-put spread for a 25-cent credit. That's a 6.7% return and the stock has to fall 10.0% to cause a problem.  [InvestorsKeyhole, Various news and data services]




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Originally published on InvestorsObserver.com



This article appears in: Investing , Options

Referenced Stocks: GNRC

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