The President & CEO of Green Plains Partners (NASDAQ: GPP) is Buying SharesBy Carrie Williams
Following Todd Becker’s last GPP Buy transaction on August 26, 2015, the stock climbed by 8.6%. Following this transaction Todd Becker’s holding in the company was increased by 8.69% to a total of $1.15 million.
Based on Green Plains Partners’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $28.29 million and quarterly net profit of $16.11 million. In comparison, last year the company earned revenue of $22.69 million and had a net profit of $11.89 million. The company has a one year high of $21.75 and a one year low of $12.56. GPP’s market cap is $636M and the company has a P/E ratio of 11.06.
Starting in February 2016, GPP received 15 Buy ratings in a row. Seven different firms, including Barclays and Credit Suisse, currently also have a Buy rating on the stock.
The insider sentiment on Green Plains Partners has been positive according to 11 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Todd Becker’s trades have generated a 17.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Green Plains Partners LP provides ethanol and fuel storage, terminal and transportation services by owning, operating, developing and acquiring ethanol and fuel storage tanks, terminals, transportation assets and other related assets and businesses. The company was founded in March 2015 and is headquartered in Omaha, NE.