Green Plains Inc (NASDAQ:GPRE) insider Michelle Mapes sold 7,000 shares of the company’s stock in a transaction dated Friday, November 16th. The stock was sold at an average price of $17.14, for a total transaction of $119,980.00. Following the completion of the transaction, the insider now owns 42,419 shares in the company, valued at approximately $727,061.66. The sale was disclosed in a legal filing with the SEC, which is available through this link.

NASDAQ:GPRE traded up $0.26 during mid-day trading on Wednesday, reaching $16.70. The company’s stock had a trading volume of 24,694 shares, compared to its average volume of 589,829. Green Plains Inc has a 12-month low of $15.25 and a 12-month high of $21.90. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.49 and a current ratio of 1.37. The firm has a market cap of $676.71 million, a price-to-earnings ratio of -19.42 and a beta of 1.00.

Green Plains (NASDAQ:GPRE) last issued its earnings results on Wednesday, November 7th. The specialty chemicals company reported ($0.31) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.12) by ($0.19). Green Plains had a negative return on equity of 4.22% and a net margin of 0.23%. The business had revenue of $1 billion during the quarter, compared to analysts’ expectations of $996.40 million. During the same period last year, the firm posted ($0.18) EPS. Green Plains’s quarterly revenue was up 11.0% compared to the same quarter last year. As a group, research analysts predict that Green Plains Inc will post -1 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 14th. Stockholders of record on Tuesday, November 27th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 2.87%. The ex-dividend date of this dividend is Monday, November 26th. Green Plains’s payout ratio is currently -55.81%.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. State Board of Administration of Florida Retirement System increased its position in shares of Green Plains by 10.3% during the 3rd quarter. State Board of Administration of Florida Retirement System now owns 32,510 shares of the specialty chemicals company’s stock valued at $559,000 after purchasing an additional 3,047 shares during the last quarter. Northern Trust Corp increased its position in shares of Green Plains by 0.4% during the 2nd quarter. Northern Trust Corp now owns 1,186,396 shares of the specialty chemicals company’s stock valued at $21,711,000 after purchasing an additional 4,188 shares during the last quarter. Legal & General Group Plc increased its position in shares of Green Plains by 4.0% during the 2nd quarter. Legal & General Group Plc now owns 114,286 shares of the specialty chemicals company’s stock valued at $2,083,000 after purchasing an additional 4,411 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of Green Plains by 2.0% during the 1st quarter. Principal Financial Group Inc. now owns 297,019 shares of the specialty chemicals company’s stock valued at $4,990,000 after purchasing an additional 5,873 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its position in shares of Green Plains by 1,751.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 8,852 shares of the specialty chemicals company’s stock valued at $162,000 after purchasing an additional 8,374 shares during the last quarter.

A number of brokerages recently issued reports on GPRE. BidaskClub cut shares of Green Plains from a “hold” rating to a “sell” rating in a research note on Saturday, August 18th. ValuEngine upgraded shares of Green Plains from a “sell” rating to a “hold” rating in a research note on Wednesday, August 8th. Zacks Investment Research cut shares of Green Plains from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 25th. TheStreet cut shares of Green Plains from a “c” rating to a “d+” rating in a research note on Monday, November 12th. Finally, Roth Capital set a $25.00 price target on shares of Green Plains and gave the stock a “buy” rating in a research note on Tuesday, July 31st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $24.00.

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Green Plains Company Profile

Green Plains Inc produces, markets, and distributes ethanol in the United States and internationally. The company operates through 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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