Gevo, Inc. (NASDAQ:GEVO – Get Free Report) insider Andrew Shafer sold 5,550 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $2.71, for a total transaction of $15,040.50. Following the completion of the transaction, the insider owned 270,823 shares of the company’s stock, valued at $733,930.33. This trade represents a 2.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Andrew Shafer also recently made the following trade(s):
- On Tuesday, March 10th, Andrew Shafer sold 5,550 shares of Gevo stock. The stock was sold at an average price of $2.21, for a total transaction of $12,265.50.
- On Tuesday, January 20th, Andrew Shafer sold 5,000 shares of Gevo stock. The shares were sold at an average price of $1.99, for a total transaction of $9,950.00.
Gevo Stock Down 3.8%
NASDAQ GEVO traded down $0.09 on Thursday, reaching $2.30. The company had a trading volume of 5,032,679 shares, compared to its average volume of 3,587,067. The company’s fifty day moving average is $2.09 and its 200-day moving average is $2.12. The firm has a market capitalization of $558.49 million, a price-to-earnings ratio of -17.69 and a beta of 1.51. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.58 and a current ratio of 1.82. Gevo, Inc. has a 1-year low of $0.92 and a 1-year high of $2.97.
Hedge Funds Weigh In On Gevo
A number of institutional investors have recently added to or reduced their stakes in the company. Key Client Fiduciary Advisors LLC acquired a new stake in Gevo in the fourth quarter valued at $25,000. Berger Financial Group Inc acquired a new position in shares of Gevo during the 4th quarter worth about $26,000. BNP Paribas Financial Markets increased its stake in shares of Gevo by 138.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 20,927 shares of the energy company’s stock worth $28,000 after purchasing an additional 12,136 shares during the last quarter. Franklin Resources Inc. bought a new stake in shares of Gevo in the 4th quarter valued at about $28,000. Finally, Legal & General Group Plc bought a new stake in shares of Gevo in the 2nd quarter valued at about $28,000. 35.17% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities research analysts have issued reports on GEVO shares. Northland Securities reiterated an “outperform” rating and issued a $3.00 price target on shares of Gevo in a research note on Wednesday, December 31st. Wall Street Zen cut 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 research report on Thursday, January 22nd. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $6.42.
Check Out Our Latest Research Report on GEVO
Gevo News Summary
Here are the key news stories impacting Gevo this week:
- Positive Sentiment: Announced a major ethanol expansion at its North Dakota facility that will materially increase ethanol production capacity, reinforcing near?term revenue growth and utilization of existing assets. Article Title
- Positive Sentiment: Appointed key executives — Kyle James as Chief Commercial Officer and Dave Kettner as General Counsel — rounding out CEO Paul Bloom’s leadership team, which may improve commercial execution and investor confidence. Article Title
- Neutral Sentiment: Local and regional coverage confirms the company will double ethanol production in North Dakota; this raises near?term volume visibility but is not definitive on timing or margins. Article Title
- Negative Sentiment: Insider selling: President/COO Christopher Michael Ryan sold a combined ~129,800 shares across March 30–31 (roughly $364k total at the reported prices), reducing his stake; such insider dispositions can pressure sentiment and raise governance/conviction questions for some investors. SEC Filing
- Negative Sentiment: Shelved South Dakota sustainable jet?fuel project: multiple reports say Gevo paused the SD SAF plant plan and is concentrating on the North Dakota ethanol expansion — a tradeoff that boosts near?term fuel volumes but may slow SAF scale?up and related long?term revenue/credit opportunities. Article Title
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.
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