Green Plains Renewable Energy Inc. (NASDAQ:GPRE)’s share price traded down 2.7% during mid-day trading on Wednesday . The stock traded as low as $22.14 and last traded at $22.23, with a volume of 393,670 shares trading hands. The stock had previously closed at $22.84.

Several equities analysts recently issued reports on the stock. Jefferies Group reiterated a “buy” rating on shares of Green Plains Renewable Energy in a research report on Tuesday, May 3rd. Zacks Investment Research upgraded shares of Green Plains Renewable Energy from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 3rd. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Green Plains Renewable Energy currently has an average rating of “Buy” and an average target price of $25.86.

The stock’s market cap is $840.05 million. The stock has a 50-day moving average of $19.89 and a 200 day moving average of $17.32.

Green Plains Renewable Energy (NASDAQ:GPRE) last released its earnings results on Tuesday, May 3rd. The company reported ($0.63) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.31) by $0.32. The firm had revenue of $749.20 million for the quarter, compared to analysts’ expectations of $751.28 million. Analysts forecast that Green Plains Renewable Energy Inc. will post ($0.02) EPS for the current year.

In related news, EVP Michelle Mapes sold 3,000 shares of Green Plains Renewable Energy stock in a transaction dated Thursday, June 23rd. The shares were sold at an average price of $19.50, for a total transaction of $58,500.00. Following the completion of the sale, the executive vice president now owns 56,114 shares in the company, valued at approximately $1,094,223. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Walter S. Cronin sold 3,701 shares of Green Plains Renewable Energy stock in a transaction dated Friday, June 3rd. The shares were sold at an average price of $18.92, for a total transaction of $70,022.92. Following the sale, the executive vice president now owns 47,273 shares of the company’s stock, valued at approximately $894,405.16. The disclosure for this sale can be found here.

A number of large investors recently made changes to their positions in the stock. Marshall Wace LLP bought a new stake in shares of Green Plains Renewable Energy during the fourth quarter worth $6,173,000. Comerica Bank raised its stake in shares of Green Plains Renewable Energy by 6.8% in the fourth quarter. Comerica Bank now owns 136,097 shares of the company’s stock worth $2,522,000 after buying an additional 8,701 shares during the last quarter. First Trust Advisors LP raised its stake in shares of Green Plains Renewable Energy by 7.0% in the fourth quarter. First Trust Advisors LP now owns 164,058 shares of the company’s stock worth $3,757,000 after buying an additional 10,745 shares during the last quarter. Morgan Stanley raised its stake in shares of Green Plains Renewable Energy by 53.5% in the fourth quarter. Morgan Stanley now owns 1,343,311 shares of the company’s stock worth $30,761,000 after buying an additional 468,317 shares during the last quarter. Finally, GSA Capital Partners LLP raised its stake in shares of Green Plains Renewable Energy by 4.9% in the fourth quarter. GSA Capital Partners LLP now owns 52,672 shares of the company’s stock worth $1,206,000 after buying an additional 2,438 shares during the last quarter.

Green Plains Inc (Green Plains) is a vertically integrated producer, marketer and distributor of ethanol. The Company operates through four segments: Ethanol Production, Agribusiness, Marketing and Distribution, and Partnership. The Company’s ethanol production segment is engaged in the production of ethanol and related distillers grain.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.