Continued Level of Significant Insider Selling at Green Plains Partners (GPP)

Friday, December 15, 2017 10:15 PM ET

Continued Level of Significant Insider Selling at Green Plains Partners (GPP)

A notable insider sale of the shares of Green Plains Partners was disclosed in a form 4 document filed with the SEC today, showing — Capital Partners, L.P. Tourbillon, 10% Owner — sold 1,209,043 shares in the company having a market value of approximately $19,370,582. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 2,692 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 1,211,735 shares and have averaged 605,868 shares per transaction over this time period.

Green Plains Partners insider trading represents a higher number of buy/sell trades than for the 4 peer company average over the last 90-day period. The Renewable Fuels peer group saw 1 buy/sell trades during this period for an average of 0.3 transactions per company. The number of shares per buy/sell trade for Green Plains Partners insiders was also higher. Within the peer group there were 0 shares purchased and 2,692 shares sold with company insiders having sold 2,692 shares on average.

The data sourced in creating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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