Green Plains Inc (NASDAQ:GPRE) EVP Sells $60,165.00 in Stock

Green Plains Inc (NASDAQ:GPRE) EVP Paul E. Kolomaya sold 3,500 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $17.19, for a total value of $60,165.00. Following the transaction, the executive vice president now directly owns 81,859 shares in the company, valued at $1,407,156.21. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

GPRE stock traded down $0.54 during trading on Monday, reaching $16.89. The stock had a trading volume of 344,783 shares, compared to its average volume of 575,710. Green Plains Inc has a 52 week low of $12.00 and a 52 week high of $21.90. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.57 and a current ratio of 1.45. The company has a market cap of $719.93 million, a price-to-earnings ratio of -7.78 and a beta of 1.21.

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

Institutional investors and hedge funds have recently modified their holdings of the business. PEAK6 Investments LLC purchased a new stake in Green Plains in the third quarter worth about $400,000. Rubric Capital Management LP purchased a new stake in Green Plains in the third quarter worth about $38,700,000. MetLife Investment Advisors LLC increased its position in Green Plains by 59.0% in the third quarter. MetLife Investment Advisors LLC now owns 28,553 shares of the specialty chemicals company’s stock worth $491,000 after buying an additional 10,597 shares in the last quarter. Vanguard Group Inc grew its position in shares of Green Plains by 1.1% during the third quarter. Vanguard Group Inc now owns 3,141,627 shares of the specialty chemicals company’s stock worth $54,036,000 after purchasing an additional 32,818 shares in the last quarter. Finally, Highbridge Capital Management LLC purchased a new stake in shares of Green Plains during the fourth quarter worth about $8,731,000.

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

TRADEMARK VIOLATION NOTICE: “Green Plains Inc (NASDAQ:GPRE) EVP Sells $60,165.00 in Stock” was first reported by Baseball Daily News and is the property of of Baseball Daily News. If you are viewing this report on another website, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark law. The legal version of this report can be accessed at https://www.baseballdailydigest.com/news/2019/04/15/insider-selling-green-plains-inc-gpre-evp-sells-60165-00-in-stock.html.

About Green Plains

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.

Further Reading: How can investors find ex-dividend dates?

Insider Buying and Selling by Quarter for Green Plains (NASDAQ:GPRE)

Receive News & Ratings for Green Plains Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Green Plains and related companies with MarketBeat.com's FREE daily email newsletter.