Renewable Energy Group Inc (NASDAQ:REGI) Director Peter John Martin Harding acquired 20,000 shares of the business’s stock in a transaction on Tuesday, March 13th. The shares were bought at an average cost of $10.94 per share, for a total transaction of $218,800.00. Following the acquisition, the director now owns 73,592 shares of the company’s stock, valued at approximately $805,096.48. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Peter John Martin Harding also recently made the following trade(s):
- On Friday, December 15th, Peter John Martin Harding acquired 5,000 shares of Renewable Energy Group stock. The shares were bought at an average cost of $11.14 per share, for a total transaction of $55,700.00.
Shares of Renewable Energy Group Inc (NASDAQ REGI) opened at $11.30 on Thursday. The company has a current ratio of 1.74, a quick ratio of 1.17 and a debt-to-equity ratio of 0.37. Renewable Energy Group Inc has a 1-year low of $9.50 and a 1-year high of $13.55. The firm has a market cap of $427.51, a P/E ratio of -10.37, a price-to-earnings-growth ratio of 0.36 and a beta of 1.14.
A number of research firms have weighed in on REGI. Zacks Investment Research raised shares of Renewable Energy Group from a “hold” rating to a “strong-buy” rating and set a $13.00 price objective on the stock in a report on Wednesday. BidaskClub raised shares of Renewable Energy Group from a “strong sell” rating to a “sell” rating in a report on Saturday, February 10th. Finally, Canaccord Genuity reissued a “buy” rating and set a $16.00 price objective on shares of Renewable Energy Group in a report on Tuesday, March 6th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. Renewable Energy Group currently has a consensus rating of “Buy” and a consensus target price of $14.75.
A number of hedge funds have recently added to or reduced their stakes in the business. MetLife Investment Advisors LLC acquired a new position in shares of Renewable Energy Group in the 4th quarter valued at $268,000. Cowen Inc. acquired a new position in shares of Renewable Energy Group in the 4th quarter valued at $442,000. Millennium Management LLC acquired a new position in shares of Renewable Energy Group in the 4th quarter valued at $160,000. Cornerstone Capital Management Holdings LLC. increased its holdings in shares of Renewable Energy Group by 27.7% in the 4th quarter. Cornerstone Capital Management Holdings LLC. now owns 200,054 shares of the oil and gas company’s stock valued at $2,359,000 after acquiring an additional 43,400 shares during the period. Finally, Stone Ridge Asset Management LLC acquired a new position in shares of Renewable Energy Group in the 4th quarter valued at $543,000.
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Renewable Energy Group Company Profile
Renewable Energy Group, Inc is focused on providing cleaner, lower carbon intensity products and services. The Company is a producer of biomass-based diesel in North America. Its segments include Biomass-based diesel, Services, Renewable Chemicals and Corporate and other activities. It is involved in various activities related to biomass-based diesel production, from acquiring feedstock, managing construction and operating biomass-based diesel production facilities to marketing, selling and distributing biomass-based diesel and its co-products.
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