Green Plains Inc. (GPRE): Wayne Hoovestol , director of Green Plains Inc. purchased 6,500 shares on May 10, 2016. The Insider buying transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were purchased at $14.94 per share for a total value of $97,110.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 7, 2016, Michelle Mapes (EVP – Gen Counsel Corp Sec) sold 3,000 shares at $15.19 per share price.On Dec 7, 2015, James F Crowley (director) sold 4,871 shares at $23.99 per share price.Also, On Aug 27, 2015, Jeffrey S. Briggs (COO) purchased 500 shares at $18.01 per share price.On Jan 5, 2015, Capital Partners Lp Tourbillon (10% owner) purchased 160,432 shares at $24.79 per share price.
Green Plains Inc: On Tuesday, May 10, 2016 heightened volatility was witnessed in Green Plains Inc which led to swings in the share price. The shares opened for trading at $14.95 and hit $15.155 on the upside , eventually ending the session at $15.13, with a gain of 1.82% or 0.27 points. The heightened volatility saw the trading volume jump to 4,31,796 shares. The 52-week high of the share price is $34.045 and the company has a market cap of $582 M . The 52-week low of the share price is at $12.385.
Green Plains Inc. is a producer marketer and distributor of ethanol. The Company operates in four segments: Ethanol Production segment which is engaged in the production of ethanol and related distillers grain; Corn Oil Production segment which is engaged in corn oil extraction systems; Agribusiness segment which is engaged in grain handling and storage and cattle feedlot operations and Marketing and Distribution segment which is engaged in marketing and providing logistical services for ethanol and other commodities for a third-party ethanol producer. It owns an ethanol production facility which includes approximately 100 million gallons per year of production capacity a corn oil extraction system and other related assets. It processes approximately 12 million tons of corn annually producing over 1.2 billion gallons of ethanol approximately 3.4 million tons of livestock feed and approximately 275 million pounds of industrial grade corn oil at full capacity.