Green Plains Inc (NASDAQ:GPRE) insider Michelle Mapes sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 19th. The shares were sold at an average price of $16.91, for a total value of $50,730.00. Following the transaction, the insider now directly owns 46,877 shares in the company, valued at $792,690.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Michelle Mapes also recently made the following trade(s):
- On Thursday, March 21st, Michelle Mapes sold 5,000 shares of Green Plains stock. The stock was sold at an average price of $17.12, for a total value of $85,600.00.
- On Wednesday, March 13th, Michelle Mapes sold 5,000 shares of Green Plains stock. The stock was sold at an average price of $16.16, for a total value of $80,800.00.
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.
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 equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Green Plains has an average rating of “Buy” and an average target price of $18.33.
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?
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.