Gevo (NASDAQ:GEVO) COO Sells $276,000.00 in Stock

Gevo, Inc. (NASDAQ:GEVO) COO Christopher Michael Ryan sold 100,000 shares of the business’s stock in a transaction dated Monday, March 30th. The shares were sold at an average price of $2.76, for a total transaction of $276,000.00. Following the completion of the sale, the chief operating officer directly owned 1,431,938 shares of the company’s stock, valued at $3,952,148.88. This represents a 6.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Christopher Michael Ryan also recently made the following trade(s):

• On Tuesday, March 31st, Christopher Michael Ryan sold 29,797 shares of Gevo stock. The stock was sold at an average price of $2.96, for a total transaction of $88,199.12.

Gevo Stock Performance

Shares of GEVO traded up $0.02 during mid-day trading on Thursday, hitting $2.41. 2,148,590 shares of the company’s stock were exchanged, compared to its average volume of 3,535,336. The company has a quick ratio of 1.58, a current ratio of 1.82 and a debt-to-equity ratio of 0.35. Gevo, Inc. has a 52 week low of $0.92 and a 52 week high of $2.97. The stock’s 50-day simple moving average is $2.09 and its 200-day simple moving average is $2.12. The firm has a market cap of $583.98 million, a price-to-earnings ratio of -18.50 and a beta of 1.51.

Gevo (NASDAQ:GEVO) last issued its quarterly earnings results on Thursday, March 5th. The energy company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.01. Gevo had a negative return on equity of 7.20% and a negative net margin of 21.07%.The business had revenue of $45.35 million during the quarter, compared to analysts’ expectations of $43.52 million. On average, equities research analysts expect that Gevo, Inc. will post -0.42 EPS for the current year.

Trending Headlines about Gevo

Here are the key news stories impacting Gevo this week:

• Positive Sentiment: Gevo announced a major ethanol expansion at its North Dakota facility that will materially increase ethanol production capacity — this boosts near?term revenue potential and strengthens cash?flow prospects from commodity sales. Gevo announces major ethanol expansion project at North Dakota (U.S.) facility
• Positive Sentiment: Local/industry reports confirm Gevo is doubling ethanol output in North Dakota and redirecting resources from a shelved South Dakota jet?fuel project to scale ethanol — this indicates management is prioritizing faster, revenue?generating capacity. Ethanol company plans to double production in North Dakota
• Positive Sentiment: Gevo appointed Kyle James as Chief Commercial Officer and Dave Kettner as General Counsel as part of CEO Paul Bloom’s leadership build?out — stronger commercial and legal teams support execution of the expansion and commercial off?take efforts. Gevo Appoints Key Executive Team Members
• Neutral Sentiment: Gevo shelved a planned South Dakota sustainable jet?fuel project while reallocating investment to ethanol in North Dakota — this reduces near?term project risk/costs but may delay aviation SAF growth and associated long?term margins. South Dakota project shelved as Gevo doubles down on North Dakota ethanol expansion
• Negative Sentiment: Insider selling: COO Christopher Michael Ryan sold 100,000 shares on Mar 30 (~$2.76 avg) and 29,797 shares on Mar 31 (~$2.96 avg), reducing his stake by several percent — while not unusual for executives, the size/timing can weigh on investor sentiment short?term. SEC filing: SEC Form 4 – Christopher Michael Ryan and coverage: Top Gevo Executive Quietly Unloads a Significant Chunk of Shares

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Northland Securities restated an “outperform” rating and issued a $3.00 price target on shares of Gevo in a research report on Wednesday, December 31st. Wall Street Zen lowered shares of Gevo from a “hold” rating to a “sell” rating in a report on Saturday, March 7th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Gevo in a report on Thursday, January 22nd. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Gevo currently has a consensus rating of “Hold” and a consensus target price of $6.42.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. First Bank & Trust bought a new position in shares of Gevo in the 3rd quarter valued at $6,007,000. Geode Capital Management LLC grew its position in Gevo by 104.5% during the 2nd quarter. Geode Capital Management LLC now owns 5,623,004 shares of the energy company’s stock worth $7,424,000 after acquiring an additional 2,873,940 shares during the last quarter. Nuveen LLC grew its position in Gevo by 107.7% during the 4th quarter. Nuveen LLC now owns 4,138,251 shares of the energy company’s stock worth $8,277,000 after acquiring an additional 2,146,019 shares during the last quarter. Invesco Ltd. increased its holdings in Gevo by 41.3% in the 4th quarter. Invesco Ltd. now owns 5,878,866 shares of the energy company’s stock worth $11,758,000 after purchasing an additional 1,719,381 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in Gevo by 118.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,859,441 shares of the energy company’s stock valued at $5,719,000 after purchasing an additional 1,548,302 shares during the last quarter. 35.17% of the stock is currently owned by institutional investors and hedge funds.

About Gevo

Gevo, Inc (NASDAQ: GEVO) is a renewable chemicals and biofuels company that develops and produces low-carbon alternatives to petroleum-based products. The company’s core technology platform converts fermentable sugars into isobutanol, which can be further processed into sustainable aviation fuel (SAF), renewable gasoline, diesel, and jet fuel. Gevo’s integrated biorefinery model combines fermentation, recovery, and downstream processing to deliver scalable, drop-in replacements for conventional fossil-derived hydrocarbons.

Gevo’s primary products include isobutanol, a four-carbon alcohol used as a building block for various fuels and chemicals, and hydrocarbon fuels that meet ASTM specifications for aviation and road transport.