Gevo (NASDAQ:GEVO) COO Christopher Michael Ryan Sells 29,797 Shares

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 stock was sold at an average price of $2.96, for a total value of $88,199.12. Following the transaction, the chief operating officer directly owned 1,402,141 shares in the company, valued at approximately $4,150,337.36. This represents a 2.08% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 shares were sold at an average price of $2.76, for a total value of $276,000.00.

Gevo Stock Down 3.8%

Gevo stock opened at $2.30 on Friday. The stock has a 50 day moving average of $2.09 and a two-hundred day moving average of $2.12. Gevo, Inc. has a twelve month low of $0.92 and a twelve month high of $2.97. The stock has a market capitalization of $558.49 million, a price-to-earnings ratio of -17.69 and a beta of 1.20. 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 released its earnings results on Thursday, March 5th. The energy company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.01. Gevo had a negative return on equity of 7.20% and a negative net margin of 21.07%.The business had revenue of $45.35 million for the quarter, compared to analyst estimates of $43.52 million. As a group, research analysts expect that Gevo, Inc. will post -0.42 earnings per share for the current year.

Wall Street Analysts Forecast Growth

GEVO has been the subject of several recent analyst reports. Northland Securities restated an “outperform” rating and issued a $3.00 target price on shares of Gevo in a research note on Wednesday, December 31st. Wall Street Zen lowered shares of Gevo from a “hold” rating to a “sell” rating in a research note on Saturday, March 7th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Gevo in a report on Thursday, January 22nd. 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’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $6.42.

Institutional Investors Weigh In On Gevo

Hedge funds and other institutional investors have recently bought and sold shares of the business. NewEdge Advisors LLC boosted its position in shares of Gevo by 11.0% during the 2nd quarter. NewEdge Advisors LLC now owns 92,965 shares of the energy company’s stock worth $123,000 after purchasing an additional 9,249 shares in the last quarter. Corient Private Wealth LLC increased its holdings in shares of Gevo by 83.0% in the 4th quarter. Corient Private Wealth LLC now owns 20,950 shares of the energy company’s stock valued at $42,000 after purchasing an additional 9,500 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of Gevo by 29.0% in the fourth quarter. Cetera Investment Advisers now owns 49,137 shares of the energy company’s stock valued at $98,000 after purchasing an additional 11,040 shares during the period. BNP Paribas Financial Markets lifted its stake in shares of Gevo by 138.1% in the second quarter. BNP Paribas Financial Markets now owns 20,927 shares of the energy company’s stock valued at $28,000 after purchasing an additional 12,136 shares during the period. Finally, Key Client Fiduciary Advisors LLC purchased a new stake in Gevo during the fourth quarter worth about $25,000. Institutional investors and hedge funds own 35.17% of the company’s stock.

More Gevo News

Here are the key news stories impacting Gevo this week:

• Positive Sentiment: Gevo announced key executive hires — Kyle James as Chief Commercial Officer and Dave Kettner as General Counsel — strengthening CEO Paul Bloom’s leadership team, which may improve commercial execution and project development. Gevo Appoints Key Executive Team Members
• Positive Sentiment: Gevo is shifting focus regionally: company plans to double ethanol production in North Dakota while shelving a planned sustainable jet-fuel project in South Dakota — the ND expansion increases near-term production and revenue potential, though it changes the mix of future SAF capacity. Ethanol company plans to double production in North Dakota
• Neutral Sentiment: Insider Andrew Shafer sold 5,550 shares on April 1 under a pre-arranged Rule 10b5-1 plan; the sale is small relative to total float and was planned, so it’s less likely to signal negative information. Andrew Shafer Form 4
• Negative Sentiment: Large insider sales by COO Christopher Michael Ryan — filings show sales of 100,000 shares (Mar 30) and 29,797 shares (Mar 31) totaling ~129,797 shares — reduced his ownership and have been flagged by news outlets as a significant unload, which likely pressured the stock given timing and size. Top Gevo Executive Quietly Unloads a Significant Chunk of 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.