Todd A. Becker Sells 9,724 Shares of Green Plains Inc (NASDAQ:GPRE) Stock

Green Plains Inc (NASDAQ:GPRE) CEO Todd A. Becker sold 9,724 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $15.12, for a total value of $147,026.88. Following the sale, the chief executive officer now directly owns 678,209 shares of the company’s stock, valued at $10,254,520.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of NASDAQ GPRE traded up $0.01 during mid-day trading on Wednesday, hitting $14.78. 556,500 shares of the company traded hands, compared to its average volume of 710,731. Green Plains Inc has a 1 year low of $7.01 and a 1 year high of $17.74. The stock has a market capitalization of $539.76 million, a price-to-earnings ratio of -6.81 and a beta of 1.33. The company has a quick ratio of 0.77, a current ratio of 1.29 and a debt-to-equity ratio of 0.32. The business has a 50 day moving average of $13.70 and a two-hundred day moving average of $11.38.

Green Plains (NASDAQ:GPRE) last announced its earnings results on Tuesday, November 5th. The specialty chemicals company reported ($1.06) EPS for the quarter, beating the consensus estimate of ($1.15) by $0.09. The business had revenue of $632.35 million during the quarter, compared to the consensus estimate of $900.00 million. Green Plains had a negative return on equity of 18.33% and a negative net margin of 2.46%. During the same period in the prior year, the business posted ($0.31) earnings per share. As a group, research analysts anticipate that Green Plains Inc will post -4.17 EPS for the current year.

GPRE has been the subject of several analyst reports. Stephens initiated coverage on Green Plains in a report on Monday, October 7th. They set an “equal weight” rating and a $12.00 target price for the company. ValuEngine raised Green Plains from a “buy” rating to a “strong-buy” rating in a report on Monday, November 11th. BidaskClub raised Green Plains from a “buy” rating to a “strong-buy” rating in a report on Monday, November 25th. Finally, Zacks Investment Research raised Green Plains from a “sell” rating to a “hold” rating in a report on Wednesday, October 9th. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $15.67.

Large investors have recently bought and sold shares of the stock. Donald Smith & CO. Inc. raised its position in Green Plains by 16.5% during the third quarter. Donald Smith & CO. Inc. now owns 295,000 shares of the specialty chemicals company’s stock valued at $3,126,000 after buying an additional 41,789 shares during the period. First Trust Advisors LP acquired a new position in Green Plains during the third quarter valued at $863,000. Nuveen Asset Management LLC acquired a new position in Green Plains during the second quarter valued at $9,458,000. Cutler Group LP raised its position in Green Plains by 1,415.1% during the second quarter. Cutler Group LP now owns 8,757 shares of the specialty chemicals company’s stock valued at $94,000 after buying an additional 8,179 shares during the period. Finally, JPMorgan Chase & Co. raised its position in Green Plains by 1,167.5% during the second quarter. JPMorgan Chase & Co. now owns 230,670 shares of the specialty chemicals company’s stock valued at $2,376,000 after buying an additional 212,471 shares during the period. 97.21% of the stock is currently owned by hedge funds and other institutional investors.

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.

Recommended Story: Stock Split

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.