Green Plains Inc (NASDAQ:GPRE) Director Wayne Hoovestol sold 80,060 shares of the business’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $14.39, for a total value of $1,152,063.40. Following the sale, the director now owns 210,176 shares of the company’s stock, valued at approximately $3,024,432.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

NASDAQ GPRE opened at $14.78 on Thursday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.29 and a quick ratio of 0.77. Green Plains Inc has a 1 year low of $7.01 and a 1 year high of $17.74. The company has a market capitalization of $539.76 million, a PE ratio of -6.81 and a beta of 1.33. The company has a fifty day moving average of $13.70 and a two-hundred day moving average of $11.38.

Green Plains (NASDAQ:GPRE) last issued its quarterly earnings data on Tuesday, November 5th. The specialty chemicals company reported ($1.06) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.15) by $0.09. Green Plains had a negative return on equity of 18.33% and a negative net margin of 2.46%. The company had revenue of $632.35 million for the quarter, compared to analyst estimates of $900.00 million. During the same quarter last year, the company posted ($0.31) earnings per share. On average, research analysts expect that Green Plains Inc will post -4.17 earnings per share for the current year.

Several hedge funds and other institutional investors have recently made changes to their positions in GPRE. Donald Smith & CO. Inc. lifted its position in shares of Green Plains by 16.5% during the 3rd quarter. Donald Smith & CO. Inc. now owns 295,000 shares of the specialty chemicals company’s stock valued at $3,126,000 after acquiring an additional 41,789 shares during the period. First Trust Advisors LP acquired a new stake in shares of Green Plains in the 3rd quarter worth approximately $863,000. Nuveen Asset Management LLC acquired a new stake in shares of Green Plains in the 2nd quarter worth approximately $9,458,000. Cutler Group LP grew its holdings in shares of Green Plains by 1,415.1% in the 2nd quarter. Cutler Group LP now owns 8,757 shares of the specialty chemicals company’s stock worth $94,000 after acquiring an additional 8,179 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in Green Plains by 1,167.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 230,670 shares of the specialty chemicals company’s stock valued at $2,376,000 after purchasing an additional 212,471 shares in the last quarter. 97.21% of the stock is owned by hedge funds and other institutional investors.

Several equities analysts have commented on the stock. Zacks Investment Research upgraded shares of Green Plains from a “sell” rating to a “hold” rating in a research note on Wednesday, October 9th. Stephens began coverage on shares of Green Plains in a report on Monday, October 7th. They set an “equal weight” rating and a $12.00 price objective on the stock. ValuEngine downgraded shares of Green Plains from a “strong-buy” rating to a “buy” rating in a research report on Wednesday. Finally, BidaskClub cut shares of Green Plains from a “strong-buy” rating to a “buy” rating in a report on Thursday. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Green Plains has a consensus rating of “Buy” and a consensus price target of $15.67.

Green Plains Company Profile

Green Plains Inc produces, markets, and distributes ethanol in the United States and internationally. The company operates in 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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Insider Buying and Selling by Quarter for Green Plains (NASDAQ:GPRE)

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