Renewable Energy Group Inc (NASDAQ:REGI) VP Eric Bowen sold 9,750 shares of the firm’s stock in a transaction on Friday, November 16th. The shares were sold at an average price of $26.19, for a total transaction of $255,352.50. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Eric Bowen also recently made the following trade(s):

  • On Wednesday, September 19th, Eric Bowen sold 6,769 shares of Renewable Energy Group stock. The shares were sold at an average price of $27.11, for a total transaction of $183,507.59.
  • On Monday, September 17th, Eric Bowen sold 20,000 shares of Renewable Energy Group stock. The shares were sold at an average price of $27.45, for a total transaction of $549,000.00.

Shares of NASDAQ REGI opened at $26.52 on Tuesday. Renewable Energy Group Inc has a 52-week low of $9.50 and a 52-week high of $32.52. The stock has a market capitalization of $991.78 million, a PE ratio of -13.00 and a beta of 1.21. The company has a current ratio of 1.56, a quick ratio of 1.11 and a debt-to-equity ratio of 0.04.

Renewable Energy Group (NASDAQ:REGI) last announced its earnings results on Tuesday, November 6th. The oil and gas company reported $0.53 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.04. Renewable Energy Group had a net margin of 10.21% and a return on equity of 34.52%. The business had revenue of $597.75 million for the quarter, compared to analyst estimates of $594.60 million. Research analysts predict that Renewable Energy Group Inc will post 1.19 earnings per share for the current fiscal year.

Several brokerages have recently issued reports on REGI. Roth Capital set a $25.00 target price on shares of Renewable Energy Group and gave the company a “buy” rating in a research report on Tuesday, August 7th. TheStreet upgraded shares of Renewable Energy Group from a “c+” rating to a “b” rating in a research report on Wednesday, November 14th. BidaskClub lowered shares of Renewable Energy Group from a “hold” rating to a “sell” rating in a research report on Saturday, July 28th. Canaccord Genuity lifted their target price on shares of Renewable Energy Group from $20.00 to $21.00 and gave the company a “buy” rating in a research report on Tuesday, August 7th. Finally, Zacks Investment Research lowered shares of Renewable Energy Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 10th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $29.67.

Several hedge funds and other institutional investors have recently made changes to their positions in REGI. BlackRock Inc. lifted its stake in shares of Renewable Energy Group by 64.0% in the second quarter. BlackRock Inc. now owns 5,251,969 shares of the oil and gas company’s stock worth $93,749,000 after buying an additional 2,049,773 shares in the last quarter. Matarin Capital Management LLC purchased a new position in shares of Renewable Energy Group in the third quarter worth about $23,563,000. Robeco Institutional Asset Management B.V. purchased a new position in shares of Renewable Energy Group in the third quarter worth about $17,568,000. WINTON GROUP Ltd lifted its stake in shares of Renewable Energy Group by 2,298.4% in the third quarter. WINTON GROUP Ltd now owns 611,309 shares of the oil and gas company’s stock worth $17,606,000 after buying an additional 585,821 shares in the last quarter. Finally, Man Group plc lifted its stake in shares of Renewable Energy Group by 385.0% in the third quarter. Man Group plc now owns 653,129 shares of the oil and gas company’s stock worth $18,810,000 after buying an additional 518,465 shares in the last quarter.

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About Renewable Energy Group

Renewable Energy Group, Inc produces and sells biofuels and renewable chemicals in North America. The company operates through Biomass-Based Diesel, Services, Renewable Chemicals, and Corporate and Other segments. It acquires feedstock; and manages construction and operates biomass-based diesel production facilities.

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