Matrix Asset Advisors purchased 46,101 shares of Generac last quarter, totaling $7.44 million. Their position increased by $4.21 million, holding 112,991 Generac shares worth $15.41 million as of December 31. The company’s top fund holdings include Microsoft and Google. Generac shares were priced at $161.43 on January 15, with a market capitalization of $9.47 billion and revenue of $4.35 billion. Despite a softening in residential demand, commercial and industrial revenue grew 9% year over year. Generac offers power generation equipment and energy storage solutions to a global market.

Read more at Yahoo Finance: Why a $7.4 Million Buy in this Power Stock Matters Even as Shares Trail the S&P by 16 Points