Green Plains Partners Lp (GPP): Michelle Mapes , EVP – Gen. Counsel & Corp Sec. of Green Plains Partners Lp purchased 2,000 shares on May 6, 2016. The Insider buying transaction was reported by the company on May 9, 2016 to the Securities and Exchange Commission. The shares were purchased at $13.90 per share for a total value of $27,919.50 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Nov 20, 2015, Clayton E Killinger (director) purchased 3,850 shares at $13.00 per share price.On Nov 20, 2015, Patrick C Eilers (director) purchased 7,700 shares at $12.98 per share price.Also, On Nov 13, 2015, Michelle Mapes (EVP – Gen. Counsel & Corp Sec.) purchased 2,000 shares at $13.95 per share price.On Aug 26, 2015, Todd A Becker (CEO) purchased 7,000 shares at $13.90 per share price.
Green Plains Partners LP: On Friday, May 6, 2016 heightened volatility was witnessed in Green Plains Partners LP which led to swings in the share price. The shares opened for trading at $13.86 and hit $14 on the upside , eventually ending the session at $13.98, with a gain of 0.50% or 0.07 points. The heightened volatility saw the trading volume jump to 10,042 shares. The 52-week high of the share price is $16.54 and the company has a market cap of $444 M . The 52-week low of the share price is at $10.92.
Company has been under the radar of several Street Analysts.Green Plains Partners LP is Reiterated by Barclays to Equal Weight while Lowering the Price Target of the company shares to $ 15 from a previous price target of $17 . The Rating was issued on Feb 12, 2016.
Green Plains Partners LP owns operates develops and acquires ethanol and fuel storage tanks terminals transportation assets and other related assets and businesses. The Company operates through four segments: production of ethanol and distillers grains (ethanol production); corn oil production; grain handling and storage and cattle feedlot operations (agribusiness) and marketing merchant trading and logistics services for self-produced and third-party ethanol distillers grains corn oil and other commodities (marketing and distribution). The Company’s parent company is Green Plains Inc. The Company owns and operates approximately 27 ethanol storage tanks. Its ethanol storage assets are engaged in storing and loading the ethanol that its parent produces at its ethanol production plants. It provides terminal services and logistics solutions through its fuel terminal facilities. Its transportation assets include a leased railcar fleet of approximately 2200 railcars.