Todd A. Becker Sells 73,319 Shares of Green Plains Inc (NASDAQ:GPRE) Stock

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Green Plains Inc (NASDAQ:GPRE) CEO Todd A. Becker sold 73,319 shares of the company’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $15.01, for a total transaction of $1,100,518.19. Following the sale, the chief executive officer now owns 678,209 shares in the company, valued at $10,179,917.09. The sale was disclosed in a filing with the SEC, which is available at this link.

Green Plains stock traded up $0.01 during midday trading on Wednesday, reaching $14.78. The stock had a trading volume of 556,500 shares, compared to its average volume of 710,731. The company has a quick ratio of 0.77, a current ratio of 1.29 and a debt-to-equity ratio of 0.32. Green Plains Inc has a 52-week low of $7.01 and a 52-week high of $17.74. The firm has a market cap of $539.76 million, a price-to-earnings ratio of -6.81 and a beta of 1.33. The company has a fifty day moving average of $13.70 and a 200 day moving average of $11.38.

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

GPRE has been the topic of several recent research reports. ValuEngine upgraded shares of Green Plains from a “buy” rating to a “strong-buy” rating in a research report on Monday, November 11th. Zacks Investment Research raised shares of Green Plains from a “sell” rating to a “hold” rating in a research report on Wednesday, October 9th. Stephens assumed coverage on shares of Green Plains in a research report on Monday, October 7th. They issued an “equal weight” rating and a $12.00 price objective on the stock. Finally, BidaskClub raised shares of Green Plains from a “buy” rating to a “strong-buy” rating in a research report on Monday, November 25th. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $15.67.

A number of institutional investors have recently bought and sold shares of the stock. Millennium Management LLC raised its position in Green Plains by 16.4% in the 3rd quarter. Millennium Management LLC now owns 243,509 shares of the specialty chemicals company’s stock worth $2,579,000 after purchasing an additional 34,363 shares during the period. Squarepoint Ops LLC increased its position in shares of Green Plains by 237.0% during the third quarter. Squarepoint Ops LLC now owns 38,290 shares of the specialty chemicals company’s stock worth $406,000 after acquiring an additional 26,928 shares during the period. Public Employees Retirement System of Ohio increased its position in shares of Green Plains by 21.7% during the third quarter. Public Employees Retirement System of Ohio now owns 11,424 shares of the specialty chemicals company’s stock worth $121,000 after acquiring an additional 2,038 shares during the period. Tower Research Capital LLC TRC purchased a new position in shares of Green Plains during the third quarter worth approximately $93,000. Finally, First Trust Advisors LP purchased a new position in shares of Green Plains during the third quarter worth approximately $863,000. 97.21% of the stock is currently owned by 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.

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