Gevo (NASDAQ:GEVO) Shares Gap Up – Here’s What Happened

Shares of Gevo, Inc. (NASDAQ:GEVO) gapped up before the market opened on Thursday . The stock had previously closed at $2.39, but opened at $2.54. Gevo shares last traded at $2.4060, with a volume of 937,764 shares traded.

Gevo News Summary

Here are the key news stories impacting Gevo this week:

• Positive Sentiment: Gevo said it will double ethanol production at its North Dakota plant, shifting resources away from a planned South Dakota SAF project and increasing near‑term fuel output and revenue potential — this improves short‑term cash generation prospects. Read More.
• Neutral Sentiment: The company has shelved the South Dakota sustainable jet‑fuel project to focus on the North Dakota ethanol expansion; that reduces near‑term SAF capacity growth but clarifies capital allocation and timelines. Read More.
• Neutral Sentiment: Insider Andrew Shafer sold 5,550 shares on April 1 under a pre‑arranged Rule 10b5‑1 plan; the size is small relative to the company’s float and was planned, so it’s unlikely to signal new negative information. Read More.
• Negative Sentiment: COO Christopher Michael Ryan sold a large block of shares across March 30–31 (reported sales of ~100,000 and ~29,797 shares), materially reducing his stake; media coverage frames this as a significant unload and such sizeable insider sales have likely put downward pressure on the stock. Read More. Read More.

Wall Street Analysts Forecast Growth

GEVO has been the topic of several research reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Gevo in a research report on Thursday, January 22nd. Northland Securities reissued an “outperform” rating and issued a $3.00 price target on shares of Gevo in a research note on Wednesday, December 31st. Finally, Wall Street Zen lowered Gevo from a “hold” rating to a “sell” rating in a report on Saturday, March 7th. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Gevo currently has an average rating of “Hold” and an average target price of $6.42.

Gevo Price Performance

The company has a market capitalization of $558.49 million, a P/E ratio of -17.69 and a beta of 1.20. The firm’s 50 day moving average price is $2.09 and its two-hundred day moving average price is $2.13. The company has a current ratio of 1.82, a quick ratio of 1.58 and a debt-to-equity ratio of 0.35.

Gevo (NASDAQ:GEVO) last announced its quarterly earnings data on Thursday, March 5th. The energy company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.01. Gevo had a negative net margin of 21.07% and a negative return on equity of 7.20%. The business had revenue of $45.35 million for the quarter, compared to analyst estimates of $43.52 million. Equities research analysts forecast that Gevo, Inc. will post -0.42 EPS for the current year.

Insiders Place Their Bets

In other Gevo news, Director Gary W. Mize sold 107,100 shares of the business’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $2.33, for a total transaction of $249,543.00. Following the sale, the director directly owned 281,226 shares of the company’s stock, valued at $655,256.58. The trade was a 27.58% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Lindsay Clinton Fitzgerald sold 20,000 shares of the stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $2.51, for a total transaction of $50,200.00. Following the transaction, the insider owned 212,199 shares of the company’s stock, valued at approximately $532,619.49. This represents a 8.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 272,997 shares of company stock valued at $701,198 in the last three months. 6.80% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

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

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.