RiceBran Technologies (NASDAQ:RIBT) major shareholder Grain Co Continental purchased 62,001 shares of RiceBran Technologies stock in a transaction on Monday, December 3rd. The shares were acquired at an average price of $3.19 per share, with a total value of $197,783.19. Following the transaction, the insider now directly owns 5,219,133 shares in the company, valued at approximately $16,649,034.27. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Grain Co Continental also recently made the following trade(s):

  • On Friday, November 30th, Grain Co Continental purchased 32,037 shares of RiceBran Technologies stock. The shares were acquired at an average price of $3.08 per share, with a total value of $98,673.96.
  • On Wednesday, November 28th, Grain Co Continental acquired 28,275 shares of RiceBran Technologies stock. The stock was purchased at an average cost of $2.96 per share, for a total transaction of $83,694.00.
  • On Monday, November 26th, Grain Co Continental acquired 46,111 shares of RiceBran Technologies stock. The stock was purchased at an average cost of $2.94 per share, for a total transaction of $135,566.34.
  • On Friday, November 23rd, Grain Co Continental acquired 4,784 shares of RiceBran Technologies stock. The stock was purchased at an average cost of $2.95 per share, for a total transaction of $14,112.80.
  • On Wednesday, November 21st, Grain Co Continental acquired 134,033 shares of RiceBran Technologies stock. The stock was purchased at an average cost of $2.99 per share, for a total transaction of $400,758.67.
  • On Monday, November 19th, Grain Co Continental acquired 97,523 shares of RiceBran Technologies stock. The stock was purchased at an average cost of $2.95 per share, for a total transaction of $287,692.85.
  • On Thursday, November 15th, Grain Co Continental acquired 84,902 shares of RiceBran Technologies stock. The stock was purchased at an average cost of $2.89 per share, for a total transaction of $245,366.78.
  • On Monday, November 12th, Grain Co Continental acquired 37,701 shares of RiceBran Technologies stock. The stock was purchased at an average cost of $2.71 per share, for a total transaction of $102,169.71.

Shares of RIBT traded down $0.01 during midday trading on Thursday, reaching $3.30. The stock had a trading volume of 241,000 shares, compared to its average volume of 147,396. RiceBran Technologies has a 52 week low of $1.30 and a 52 week high of $3.46.

RiceBran Technologies (NASDAQ:RIBT) last posted its quarterly earnings data on Tuesday, November 6th. The company reported ($0.07) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.09) by $0.02. RiceBran Technologies had a negative return on equity of 45.57% and a negative net margin of 74.93%. The company had revenue of $3.46 million for the quarter.

Separately, Lake Street Capital set a $5.00 price objective on RiceBran Technologies and gave the stock a “buy” rating in a research note on Wednesday, November 7th.

Several institutional investors and hedge funds have recently bought and sold shares of RIBT. BlackRock Inc. raised its stake in shares of RiceBran Technologies by 340.2% in the 2nd quarter. BlackRock Inc. now owns 60,264 shares of the company’s stock worth $130,000 after buying an additional 46,574 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of RiceBran Technologies by 190.7% in the 2nd quarter. Renaissance Technologies LLC now owns 669,200 shares of the company’s stock worth $1,445,000 after buying an additional 439,000 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of RiceBran Technologies by 253.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 101,860 shares of the company’s stock worth $292,000 after buying an additional 73,036 shares in the last quarter. Dimensional Fund Advisors LP acquired a new stake in shares of RiceBran Technologies during the third quarter worth $345,000. Finally, Royce & Associates LP acquired a new stake in shares of RiceBran Technologies during the third quarter worth $144,000. 10.71% of the stock is currently owned by institutional investors.

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About RiceBran Technologies

RiceBran Technologies processes and markets healthy, natural, and nutrient dense products derived from raw rice bran. The company manufactures and distributes stabilized rice bran (SRB) in various granulations with other products and derivatives. It offers RiBalance, a rice bran nutritional package derived from further processing of SRB; RiSolubles, a nutritious carbohydrate and lipid rich fraction of RiBalance; RiFiber, a protein and fiber rich derivative of RiBalance; and protein and protein/fiber blends under the ProRyza brand.

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Insider Buying and Selling by Quarter for RiceBran Technologies (NASDAQ:RIBT)

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