Alain Treuer Sells 9,029 Shares of Green Plains Inc (NASDAQ:GPRE) Stock

Green Plains Inc (NASDAQ:GPRE) Director Alain Treuer sold 9,029 shares of the business’s stock in a transaction on Wednesday, June 5th. The stock was sold at an average price of $13.06, for a total transaction of $117,918.74. Following the completion of the sale, the director now directly owns 329,173 shares of the company’s stock, valued at $4,298,999.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Alain Treuer also recently made the following trade(s):

  • On Monday, June 3rd, Alain Treuer sold 5,270 shares of Green Plains stock. The stock was sold at an average price of $13.06, for a total transaction of $68,826.20.

GPRE traded up $0.48 during midday trading on Friday, reaching $10.78. The company’s stock had a trading volume of 925,165 shares, compared to its average volume of 1,106,017. The company has a market capitalization of $446.18 million, a price-to-earnings ratio of -4.97 and a beta of 1.38. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.41 and a quick ratio of 0.49. Green Plains Inc has a 1 year low of $10.18 and a 1 year high of $19.39. The company’s 50-day simple moving average is $13.32.

Green Plains (NASDAQ:GPRE) last announced its quarterly earnings data on Wednesday, May 8th. The specialty chemicals company reported ($1.06) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.38) by ($0.68). Green Plains had a negative return on equity of 10.48% and a negative net margin of 0.08%. The business had revenue of $642.30 million during the quarter, compared to analysts’ expectations of $779.84 million. During the same quarter last year, the company posted ($0.60) EPS. Green Plains’s revenue for the quarter was down 38.6% compared to the same quarter last year. Sell-side analysts anticipate that Green Plains Inc will post -0.95 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, June 14th. Stockholders of record on Friday, May 24th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.45%. The ex-dividend date was Thursday, May 23rd. Green Plains’s payout ratio is -22.12%.

GPRE has been the subject of several recent research reports. BidaskClub raised shares of Green Plains from a “hold” rating to a “buy” rating in a research note on Thursday, March 21st. Zacks Investment Research downgraded shares of Green Plains from a “hold” rating to a “sell” rating in a research note on Thursday, March 7th. Finally, ValuEngine raised shares of Green Plains from a “hold” rating to a “buy” rating in a research note on Friday, March 22nd. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. Green Plains has a consensus rating of “Hold” and a consensus price target of $17.50.

Large investors have recently bought and sold shares of the company. Northwest Wealth Management LLC lifted its position in Green Plains by 38.5% during the first quarter. Northwest Wealth Management LLC now owns 2,351 shares of the specialty chemicals company’s stock valued at $39,000 after purchasing an additional 654 shares during the period. CoreCommodity Management LLC bought a new position in Green Plains during the fourth quarter valued at approximately $104,000. Macquarie Group Ltd. bought a new position in Green Plains during the fourth quarter valued at approximately $149,000. Metropolitan Life Insurance Co. NY lifted its position in Green Plains by 426.2% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 14,217 shares of the specialty chemicals company’s stock valued at $186,000 after purchasing an additional 11,515 shares during the period. Finally, Oregon Public Employees Retirement Fund bought a new position in Green Plains during the fourth quarter valued at approximately $194,000. Hedge funds and other institutional investors own 99.25% of the company’s stock.

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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