Gevo (NASDAQ:GEVO) COO Christopher Michael Ryan Sells 35,196 Shares of Stock

Gevo, Inc. (NASDAQ:GEVO) COO Christopher Michael Ryan sold 35,196 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $1.43, for a total transaction of $50,330.28. Following the sale, the chief operating officer directly owned 1,279,245 shares in the company, valued at $1,829,320.35. This trade represents a 2.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Wednesday, May 27th, Christopher Michael Ryan sold 87,700 shares of Gevo stock. The stock was sold at an average price of $1.76, for a total value of $154,352.00.
• 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 value of $88,199.12.
• On Monday, March 30th, Christopher Michael Ryan sold 100,000 shares of Gevo stock. The shares were sold at an average price of $2.76, for a total value of $276,000.00.

Gevo Stock Up 2.1%

Shares of GEVO stock opened at $1.43 on Tuesday. Gevo, Inc. has a fifty-two week low of $1.12 and a fifty-two week high of $2.97. The firm has a market capitalization of $348.08 million, a PE ratio of -11.00 and a beta of 0.99. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.51 and a current ratio of 4.31. The stock’s 50-day simple moving average is $1.80 and its 200-day simple moving average is $2.00.

Gevo (NASDAQ:GEVO) last released its earnings results on Thursday, May 7th. The energy company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.03). The firm had revenue of $42.95 million for the quarter, compared to analyst estimates of $44.90 million. Gevo had a negative return on equity of 5.06% and a negative net margin of 19.38%. Equities analysts expect that Gevo, Inc. will post -0.11 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Northland Securities set a $3.50 price objective on shares of Gevo and gave the company an “outperform” rating in a report on Thursday, April 16th. HC Wainwright restated a “buy” rating on shares of Gevo in a research report on Tuesday, May 26th. UBS Group reaffirmed a “neutral” rating and issued a $2.00 price target (down from $2.25) on shares of Gevo in a report on Friday, May 22nd. Wall Street Zen downgraded Gevo from a “hold” rating to a “strong sell” rating in a research report on Sunday, May 10th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Gevo in a research note on Tuesday, April 21st. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $2.75.

Hedge Funds Weigh In On Gevo

Institutional investors have recently made changes to their positions in the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in shares of Gevo in the 1st quarter valued at $28,000. Key Client Fiduciary Advisors LLC acquired a new stake in Gevo during the fourth quarter valued at $25,000. Berger Financial Group Inc acquired a new stake in Gevo during the fourth quarter valued at $26,000. Franklin Resources Inc. purchased a new position in Gevo in the fourth quarter valued at $28,000. Finally, Mackenzie Financial Corp acquired a new position in shares of Gevo in the third quarter worth about $29,000. 35.17% of the stock is owned by hedge funds and other institutional investors.

More Gevo News

Here are the key news stories impacting Gevo this week:

• Positive Sentiment: The stock continues to have a relatively strong liquidity position, with a quick ratio of 3.51 and current ratio of 4.31, which may help support operations while the company works through its growth strategy.
• Neutral Sentiment: Gevo previously reported quarterly revenue of $42.95 million, which was close to analyst expectations, showing the business is generating meaningful sales even though profitability remains negative.
• Neutral Sentiment: Several insider trades were executed under pre-arranged Rule 10b5-1 plans and were described as being related to tax withholding from equity award vesting, which may limit how much the sales should be read as a negative signal.
• Negative Sentiment: Director Patrick Gruber sold 157,563 shares, and multiple other executives including the CEO, CFO, COO, VP, and another insider also sold shares, creating a broad wave of insider selling that could pressure the stock. Article Title
• Negative Sentiment: Gevo recently missed earnings estimates and remains unprofitable, with a negative EPS result, negative net margin, and analysts expecting another loss this year, all of which can keep pressure on the shares.

Gevo Company Profile

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.