Gevo, Inc. (NASDAQ:GEVO – Get Rating) Director Andrew Marsh sold 41,904 shares of the company’s stock in a transaction that occurred on Monday, November 21st. The stock was sold at an average price of $2.04, for a total value of $85,484.16. Following the transaction, the director now directly owns 203,562 shares of the company’s stock, valued at approximately $415,266.48. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Gevo Trading Down 0.5 %
NASDAQ:GEVO opened at $2.10 on Friday. Gevo, Inc. has a twelve month low of $1.80 and a twelve month high of $6.30. The company has a quick ratio of 24.25, a current ratio of 24.49 and a debt-to-equity ratio of 0.13. The business has a 50 day moving average price of $2.26 and a two-hundred day moving average price of $2.76.
Institutional Investors Weigh In On Gevo
A number of institutional investors and hedge funds have recently made changes to their positions in GEVO. State Street Corp raised its stake in shares of Gevo by 48.2% during the 2nd quarter. State Street Corp now owns 35,309,857 shares of the energy company’s stock worth $82,978,000 after purchasing an additional 11,479,096 shares in the last quarter. Two Sigma Investments LP raised its stake in shares of Gevo by 1,276.8% during the 3rd quarter. Two Sigma Investments LP now owns 3,854,576 shares of the energy company’s stock worth $8,788,000 after purchasing an additional 3,574,604 shares in the last quarter. Millennium Management LLC raised its stake in shares of Gevo by 1,360.0% during the 2nd quarter. Millennium Management LLC now owns 3,114,027 shares of the energy company’s stock worth $7,318,000 after purchasing an additional 2,900,744 shares in the last quarter. Two Sigma Advisers LP bought a new stake in Gevo in the 3rd quarter valued at $4,875,000. Finally, Rafferty Asset Management LLC raised its stake in Gevo by 112.8% in the 2nd quarter. Rafferty Asset Management LLC now owns 3,461,757 shares of the energy company’s stock valued at $8,135,000 after acquiring an additional 1,834,887 shares during the period. Institutional investors own 49.47% of the company’s stock.
Analysts Set New Price Targets
Gevo Company Profile
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.
- Get a free copy of the StockNews.com research report on Gevo (GEVO)
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