Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Green Plains Inc shares valued at $521,157 were sold by Treuer Alain on Feb 20 ’24. At $22.66 per share, Treuer Alain sold 22,999 shares. The insider’s holdings dropped to 230,000 shares worth approximately $1.91 million following the completion of this transaction.
Also, Knudsen Ejnar A III purchased 4,000 shares, netting a total of over 98,920 in proceeds. Following the buying of shares at $24.73 each, the insider now holds 40,913 shares.
As published in a research note from Oppenheimer on August 07, 2024, Green Plains Inc [GPRE] has been rated down from an Outperform to a Perform. Earlier on January 17, 2023, Stephens downgraded its rating. Their new recommendation was “an Equal-weight” for GPRE stock which previously was a “an Overweight”.
Analyzing GPRE Stock Performance
During the last five days, there has been a drop of approximately -6.33%. Over the course of the year, Green Plains Inc shares have dropped approximately -12.55%. Shares of the company reached a 52-week high of $10.45 on 01/17/25 and a 52-week low of $8.24 on 02/06/25. A 50-day SMA is recorded $9.85, while a 200-day SMA reached $13.80. Nevertheless, trading volume fell to 1.33 million shares from 0.94 million shares the previous day.
Support And Resistance Levels for Green Plains Inc (GPRE)
According to the 24-hour chart, there is a support level at 8.14, which, if violated, would cause prices to drop to 7.99. In the upper region, resistance lies at 8.54. The next price resistance is at 8.79. RSI (Relative Strength Index) is 34.66 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.64, which suggests the price will decrease in the coming days. Percent R is at 97.74%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
