Gevo (NASDAQ:GEVO) COO Sells $88,199.12 in Stock

Gevo, Inc. (NASDAQ:GEVO) COO Christopher Michael Ryan sold 29,797 shares of the firm’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $2.96, for a total value of $88,199.12. Following the completion of the transaction, the chief operating officer directly owned 1,402,141 shares in the company, valued at $4,150,337.36. This trade represents a 2.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Monday, March 30th, Christopher Michael Ryan sold 100,000 shares of Gevo stock. The stock was sold at an average price of $2.76, for a total value of $276,000.00.

Gevo Price Performance

Shares of NASDAQ GEVO opened at $2.30 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.82 and a quick ratio of 1.58. Gevo, Inc. has a 1-year low of $0.92 and a 1-year high of $2.97. The company has a market capitalization of $558.49 million, a price-to-earnings ratio of -17.69 and a beta of 1.20. The business has a 50-day moving average of $2.09 and a 200-day moving average of $2.13.

Gevo (NASDAQ:GEVO) last released its quarterly earnings results on Thursday, March 5th. The energy company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.03) by $0.01. The firm had revenue of $45.35 million for the quarter, compared to analyst estimates of $43.52 million. Gevo had a negative return on equity of 7.20% and a negative net margin of 21.07%. On average, equities analysts anticipate that Gevo, Inc. will post -0.42 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on GEVO. Wall Street Zen downgraded shares of Gevo from a “hold” rating to a “sell” rating in a research note on Saturday, March 7th. Northland Securities reiterated an “outperform” rating and issued a $3.00 price objective on shares of Gevo in a report on Wednesday, December 31st. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Gevo in a research report on Thursday, January 22nd. Two research 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, the stock has an average rating of “Hold” and a consensus target price of $6.42.

Gevo News Roundup

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.

Hedge Funds Weigh In On Gevo

Several institutional investors and hedge funds have recently made changes to their positions in GEVO. First Bank & Trust acquired a new stake in shares of Gevo during the third quarter worth approximately $6,007,000. Geode Capital Management LLC raised its holdings in 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 acquiring an additional 2,873,940 shares in the last quarter. Nuveen LLC raised its holdings in 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 acquiring an additional 2,146,019 shares in the last quarter. Invesco Ltd. boosted its stake in Gevo by 41.3% during the 4th quarter. Invesco Ltd. now owns 5,878,866 shares of the energy company’s stock valued at $11,758,000 after acquiring an additional 1,719,381 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in Gevo by 118.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,859,441 shares of the energy company’s stock valued at $5,719,000 after acquiring an additional 1,548,302 shares during the last quarter. 35.17% of the stock is currently owned by hedge funds and other 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.