Gevo, Inc. (NASDAQ:GEVO) COO Sells $132,216.91 in Stock

Gevo, Inc. (NASDAQ:GEVOGet Rating) COO Christopher Michael Ryan sold 51,049 shares of the company’s stock in a transaction dated Tuesday, June 21st. The shares were sold at an average price of $2.59, for a total transaction of $132,216.91. Following the completion of the transaction, the chief operating officer now owns 960,450 shares in the company, valued at $2,487,565.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of GEVO stock traded up $0.04 on Thursday, hitting $2.53. The company’s stock had a trading volume of 15,159,508 shares, compared to its average volume of 10,029,777. The company has a debt-to-equity ratio of 0.16, a quick ratio of 18.54 and a current ratio of 18.69. The stock’s 50 day moving average is $3.61 and its 200-day moving average is $3.96. Gevo, Inc. has a fifty-two week low of $2.39 and a fifty-two week high of $8.46. The company has a market capitalization of $510.44 million, a PE ratio of -7.75 and a beta of 3.19.

Gevo (NASDAQ:GEVOGet Rating) last released its quarterly earnings results on Monday, May 9th. The energy company reported ($0.08) EPS for the quarter, meeting the consensus estimate of ($0.08). Gevo had a negative net margin of 7,625.77% and a negative return on equity of 11.70%. The business had revenue of $0.23 million for the quarter, compared to the consensus estimate of $0.11 million. During the same period in the prior year, the company posted ($0.05) earnings per share. On average, research analysts forecast that Gevo, Inc. will post -0.34 earnings per share for the current year.

A number of institutional investors have recently made changes to their positions in GEVO. Franklin Resources Inc. acquired a new stake in Gevo during the third quarter worth about $140,000. Dark Forest Capital Management LP acquired a new stake in Gevo during the third quarter worth about $26,000. Invesco Ltd. grew its stake in Gevo by 9.6% during the third quarter. Invesco Ltd. now owns 4,906,803 shares of the energy company’s stock worth $32,581,000 after buying an additional 429,210 shares in the last quarter. Millennium Management LLC acquired a new stake in Gevo during the third quarter worth about $2,408,000. Finally, Two Sigma Securities LLC acquired a new stake in Gevo during the third quarter worth about $80,000. Hedge funds and other institutional investors own 40.15% of the company’s stock.

Gevo Company Profile (Get Rating)

Gevo, Inc operates as a renewable fuels company. It operates through four segments: Gevo, Agri-Energy, Renewable Natural Gas, and Net-Zero. The company commercializes gasoline, jet fuel, and diesel fuel to achieve zero carbon emissions, and reduce greenhouse gas emissions with sustainable alternatives.

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