Key Points
- Director Gary Mize sold 107,100 shares on March 12 at an average price of $2.33 for a total of $249,543, reducing his ownership by 27.58% to 281,226 shares (valued at about $655,257).
- Gevo shares traded at $2.33 midday with a market cap of $564.6M, a negative P/E, 50‑day/200‑day moving averages of $1.97/$2.05, and a 12‑month range of $0.92–$2.95.
- The company beat quarterly EPS expectations (‑$0.02 vs. consensus ‑$0.03) with $45.35M in revenue; analyst coverage is mixed (consensus rating: Hold) with a $6.42 average target and institutional ownership of 35.17%.
Gevo, Inc. (NASDAQ:GEVO - Get Free Report) insider Andrew Shafer sold 5,550 shares of the stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $2.21, for a total value of $12,265.50. Following the sale, the insider directly owned 270,823 shares in the company, valued at $598,518.83. This represents a 2.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Andrew Shafer also recently made the following trade(s):
- On Tuesday, January 20th, Andrew Shafer sold 5,000 shares of Gevo stock. The stock was sold at an average price of $1.99, for a total value of $9,950.00.
- On Monday, December 22nd, Andrew Shafer sold 5,000 shares of Gevo stock. The shares were sold at an average price of $2.19, for a total value of $10,950.00.
Gevo Stock Performance
GEVO stock traded down $0.05 during midday trading on Friday, hitting $2.38. 3,922,858 shares of the stock traded hands, compared to its average volume of 3,219,462. Gevo, Inc. has a 1-year low of $0.92 and a 1-year high of $2.95. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.82 and a quick ratio of 1.58. The stock's fifty day simple moving average is $1.97 and its 200-day simple moving average is $2.05. The firm has a market cap of $578.88 million, a P/E ratio of -18.27 and a beta of 1.51.
Gevo (NASDAQ:GEVO - Get Free Report) last announced 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 firm had revenue of $45.35 million for the quarter, compared to analyst estimates of $43.52 million. On average, analysts expect that Gevo, Inc. will post -0.42 earnings per share for the current year.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Millennium Management LLC raised its stake in shares of Gevo by 1.9% in the 1st quarter. Millennium Management LLC now owns 3,278,261 shares of the energy company's stock valued at $3,803,000 after acquiring an additional 61,919 shares during the period. Goldman Sachs Group Inc. raised its position in Gevo by 11.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,164,499 shares of the energy company's stock valued at $1,351,000 after purchasing an additional 123,170 shares during the period. ProShare Advisors LLC acquired a new position in Gevo during the second quarter worth $63,000. Geode Capital Management LLC lifted its stake in Gevo by 104.5% during the second quarter. Geode Capital Management LLC now owns 5,623,004 shares of the energy company's stock worth $7,424,000 after purchasing an additional 2,873,940 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey purchased a new position in shares of Gevo during the second quarter worth $67,000. Institutional investors and hedge funds own 35.17% of the company's stock.
Analysts Set New Price Targets
A number of research analysts have weighed in on GEVO shares. Wall Street Zen lowered 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 set a $3.00 price objective on shares of Gevo in a research report on Wednesday, December 31st. Finally, Weiss Ratings reissued a "sell (d-)" rating on shares of Gevo in a research note on Thursday, January 22nd. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $6.42.
Read Our Latest Report on Gevo
Gevo Company Profile
(
Get Free Report)
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.
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