46,064 Shares in Green Plains Inc. (NASDAQ:GPRE) Bought by Semanteon Capital Management LP

Semanteon Capital Management LP purchased a new position in Green Plains Inc. (NASDAQ:GPRE) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 46,064 shares of the specialty chemicals company’s stock, valued at approximately $1,162,000. Semanteon Capital Management LP owned 0.08% of Green Plains as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Grantham Mayo Van Otterloo & Co. LLC raised its holdings in Green Plains by 11.9% in the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 5,479,901 shares of the specialty chemicals company’s stock worth $164,945,000 after purchasing an additional 584,257 shares in the last quarter. William Blair Investment Management LLC increased its holdings in Green Plains by 7.6% in the 3rd quarter. William Blair Investment Management LLC now owns 1,740,748 shares of the specialty chemicals company’s stock worth $52,397,000 after buying an additional 123,244 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Green Plains by 3.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 761,542 shares of the specialty chemicals company’s stock worth $22,922,000 after buying an additional 23,923 shares in the last quarter. Invesco Ltd. boosted its position in Green Plains by 10.7% in the third quarter. Invesco Ltd. now owns 694,727 shares of the specialty chemicals company’s stock worth $20,911,000 after purchasing an additional 66,966 shares during the last quarter. Finally, Maven Securities LTD boosted its position in Green Plains by 100.0% in the third quarter. Maven Securities LTD now owns 600,000 shares of the specialty chemicals company’s stock worth $18,060,000 after purchasing an additional 300,000 shares during the last quarter.

Insiders Place Their Bets

In other Green Plains news, Director Ejnar A. Knudsen III bought 4,000 shares of Green Plains stock in a transaction on Monday, February 12th. The shares were acquired at an average price of $24.73 per share, for a total transaction of $98,920.00. Following the completion of the purchase, the director now directly owns 40,913 shares in the company, valued at approximately $1,011,778.49. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 3.20% of the company’s stock.

Green Plains Price Performance

NASDAQ GPRE traded down $0.59 during trading hours on Thursday, reaching $21.16. The company’s stock had a trading volume of 945,981 shares, compared to its average volume of 1,211,637. The company has a quick ratio of 1.34, a current ratio of 1.90 and a debt-to-equity ratio of 0.50. Green Plains Inc. has a 1 year low of $19.44 and a 1 year high of $36.02. The firm’s 50-day moving average price is $21.88 and its 200-day moving average price is $23.79. The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of -13.06 and a beta of 1.60.

Green Plains (NASDAQ:GPRE) last released its quarterly earnings data on Wednesday, February 7th. The specialty chemicals company reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.04). The firm had revenue of $712.39 million during the quarter, compared to the consensus estimate of $782.01 million. Green Plains had a negative return on equity of 9.67% and a negative net margin of 2.83%. The business’s revenue was down 22.1% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.66) EPS. On average, equities research analysts predict that Green Plains Inc. will post 0.47 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have issued reports on GPRE shares. The Goldman Sachs Group dropped their target price on Green Plains from $39.00 to $34.00 and set a “buy” rating on the stock in a research report on Tuesday, January 30th. UBS Group lowered their price objective on Green Plains from $33.50 to $31.00 and set a “buy” rating on the stock in a research report on Monday, March 4th. Truist Financial reaffirmed a “buy” rating and set a $35.00 price objective on shares of Green Plains in a research report on Tuesday, March 26th. Roth Mkm reaffirmed a “buy” rating and set a $55.00 price objective on shares of Green Plains in a research report on Monday, March 25th. Finally, TheStreet cut Green Plains from a “c-” rating to a “d+” rating in a research report on Wednesday, February 7th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $37.40.

About Green Plains

Green Plains Inc produces low-carbon fuels in the United States and internationally. It operates through three segments: Ethanol Production, Agribusiness and Energy Services, and Partnership. The Ethanol Production segment produces ethanol, distillers grains, and ultra-high protein and renewable corn oil.