5 Best Biofuel Stocks To Buy Now

3. Green Plains Inc. (NASDAQ:GPRE)

Number of Hedge Fund Investors In Q2 2023: 18

Green Plains Inc. (NASDAQ:GPRE) is an agricultural products company that utilizes its familiarity with grain production to also produce ethanol. It also operates ethanol storage and fuel terminals. Its shares are rated Strong Buy on average and analysts have penned in a $42 average price target.

During 2023’s June quarter, 18 out of the 910 hedge funds tracked by Insider Monkey had held a stake in Green Plains Inc. (NASDAQ:GPRE). Out of these, the firm’s biggest investor is Frederick Disanto’s Ancora Advisors since it owns 4.1 million shares that are worth $134 million.

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