The VP, Sales and Marketing of Renewable Energy Group (REGI) is Selling Shares


Today, the VP, Sales and Marketing of Renewable Energy Group (NASDAQ: REGI), Gary Haer, sold shares of REGI for $438.6K.

Following Gary Haer’s last REGI Sell transaction on August 13, 2018, the stock climbed by 5.9%. In addition to Gary Haer, one other REGI executive reported Sell trades in the last month.

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Based on Renewable Energy Group’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $580 million and quarterly net profit of $32.96 million. In comparison, last year the company earned revenue of $535 million and had a GAAP net loss of $34.81 million. REGI’s market cap is $1.02B and the company has a P/E ratio of 5.09. Currently, Renewable Energy Group has an average volume of 324.7K.

The insider sentiment on Renewable Energy Group has been negative according to 28 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Renewable Energy Group, Inc. is a holding company, which engages in the production and trade of biofuel and renewable chemicals. It operates through the three segments: Biomass-based Diesel, Services, Renewable Chemicals, and Corporate and Other.

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