Green Plains Inc (NASDAQ:GPRE) Director S Eugene Edwards bought 15,000 shares of Green Plains stock in a transaction dated Thursday, August 15th. The shares were bought at an average cost of $7.15 per share, with a total value of $107,250.00. Following the completion of the acquisition, the director now owns 45,620 shares of the company’s stock, valued at $326,183. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.

Shares of GPRE traded down $0.45 during mid-day trading on Thursday, reaching $7.15. The company had a trading volume of 1,363,797 shares, compared to its average volume of 675,367. Green Plains Inc has a twelve month low of $7.01 and a twelve month high of $19.39. The company has a quick ratio of 0.60, a current ratio of 1.52 and a debt-to-equity ratio of 0.42. The stock’s 50-day moving average price is $9.98. The stock has a market cap of $307.40 million, a P/E ratio of -3.29 and a beta of 1.20.

Green Plains (NASDAQ:GPRE) last released its quarterly earnings results on Monday, August 5th. The specialty chemicals company reported ($1.13) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.78) by ($0.35). Green Plains had a negative net margin of 1.40% and a negative return on equity of 14.93%. The business had revenue of $895.90 million for the quarter, compared to analyst estimates of $822.77 million. During the same period in the prior year, the business earned ($0.02) earnings per share. The company’s revenue for the quarter was down 9.2% on a year-over-year basis. On average, equities analysts predict that Green Plains Inc will post -2.94 earnings per share for the current fiscal year.

Hedge funds have recently added to or reduced their stakes in the stock. Macquarie Group Ltd. acquired a new stake in Green Plains during the 4th quarter valued at $149,000. Campbell & CO Investment Adviser LLC acquired a new stake in Green Plains during the 2nd quarter valued at $463,000. Norges Bank acquired a new stake in Green Plains during the 4th quarter valued at $9,877,000. Metropolitan Life Insurance Co. NY increased its holdings in Green Plains by 426.2% during the 4th 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 in the last quarter. Finally, Donald Smith & CO. Inc. acquired a new stake in Green Plains during the 1st quarter valued at $4,055,000. 98.36% of the stock is owned by hedge funds and other institutional investors.

Several research firms recently weighed in on GPRE. BidaskClub lowered Green Plains from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 4th. Zacks Investment Research lowered Green Plains from a “hold” rating to a “strong sell” rating in a report on Thursday, June 27th. TheStreet downgraded Green Plains from a “c-” rating to a “d+” rating in a research note on Monday, July 1st. Finally, ValuEngine downgraded Green Plains from a “buy” rating to a “hold” rating in a research report on Friday, May 3rd. Two analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $17.50.

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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