Paul E. Kolomaya Sells 2,000 Shares of Green Plains Inc (GPRE) Stock

Green Plains Inc (NASDAQ:GPRE) EVP Paul E. Kolomaya sold 2,000 shares of the stock in a transaction dated Tuesday, March 19th. The stock was sold at an average price of $16.97, for a total transaction of $33,940.00. Following the completion of the transaction, the executive vice president now directly owns 81,859 shares of the company’s stock, valued at approximately $1,389,147.23. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Green Plains stock traded down $0.54 during midday trading on Monday, hitting $16.89. The company’s stock had a trading volume of 344,783 shares, compared to its average volume of 575,710. The stock has a market capitalization of $719.93 million, a price-to-earnings ratio of -7.78 and a beta of 1.21. The company has a quick ratio of 0.57, a current ratio of 1.45 and a debt-to-equity ratio of 0.28. Green Plains Inc has a 1-year low of $12.00 and a 1-year high of $21.90.

Green Plains (NASDAQ:GPRE) last issued its earnings results on Monday, February 11th. The specialty chemicals company reported ($0.96) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.89). The firm had revenue of $827.50 million during the quarter, compared to analyst estimates of $894.16 million. Green Plains had a net margin of 0.41% and a negative return on equity of 8.63%. Green Plains’s quarterly revenue was down 10.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.16) earnings per share. On average, sell-side analysts anticipate that Green Plains Inc will post -0.3 earnings per share for the current fiscal year.

A number of hedge funds have recently added to or reduced their stakes in GPRE. State Board of Administration of Florida Retirement System increased its position in Green Plains by 10.3% during the 3rd quarter. State Board of Administration of Florida Retirement System now owns 32,510 shares of the specialty chemicals company’s stock worth $559,000 after purchasing an additional 3,047 shares in the last quarter. BlackRock Inc. grew its holdings in Green Plains by 2.2% during the 3rd quarter. BlackRock Inc. now owns 6,428,399 shares of the specialty chemicals company’s stock worth $110,568,000 after acquiring an additional 135,423 shares during the last quarter. Trexquant Investment LP bought a new stake in Green Plains during the 3rd quarter worth approximately $251,000. PEAK6 Investments LLC bought a new stake in Green Plains during the 3rd quarter worth approximately $400,000. Finally, Rubric Capital Management LP bought a new stake in Green Plains during the 3rd quarter worth approximately $38,700,000.

A number of equities analysts have issued reports on the stock. Zacks Investment Research raised shares of Green Plains from a “sell” rating to a “hold” rating in a research note on Friday. ValuEngine upgraded shares of Green Plains from a “hold” rating to a “buy” rating in a report on Friday, March 22nd. Finally, BidaskClub upgraded shares of Green Plains from a “hold” rating to a “buy” rating in a report on Thursday, March 21st. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $18.33.

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Green Plains Company Profile

Green Plains Inc produces, markets, and distributes ethanol in the United States and internationally. The company operates through four segments: Ethanol Production; Agribusiness and Energy Services; Food and Ingredients; and Partnership. The Ethanol Production segment produces and sells ethanol, distiller grains, and corn oil.

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