Christopher Michael Ryan Sells 35,196 Shares of Gevo (NASDAQ:GEVO) Stock

Gevo, Inc. (NASDAQ:GEVO) COO Christopher Michael Ryan sold 35,196 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $1.43, for a total value of $50,330.28. Following the transaction, the chief operating officer directly owned 1,279,245 shares of the company’s stock, valued at $1,829,320.35. The trade was a 2.68% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Wednesday, May 27th, Christopher Michael Ryan sold 87,700 shares of Gevo stock. The stock was sold at an average price of $1.76, for a total value of $154,352.00.
• On Tuesday, March 31st, Christopher Michael Ryan sold 29,797 shares of Gevo stock. The stock was sold at an average price of $2.96, for a total value of $88,199.12.
• 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 Trading Up 1.4%

Shares of GEVO opened at $1.45 on Wednesday. Gevo, Inc. has a 52-week low of $1.12 and a 52-week high of $2.97. The company has a quick ratio of 3.51, a current ratio of 4.31 and a debt-to-equity ratio of 0.37. The firm’s fifty day moving average is $1.78 and its two-hundred day moving average is $1.99. The stock has a market cap of $352.94 million, a PE ratio of -11.15 and a beta of 0.99.

Gevo (NASDAQ:GEVO) last issued its earnings results on Thursday, May 7th. The energy company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.03). The business had revenue of $42.95 million during the quarter, compared to analyst estimates of $44.90 million. Gevo had a negative net margin of 19.38% and a negative return on equity of 5.06%. Research analysts forecast that Gevo, Inc. will post -0.11 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

GEVO has been the topic of several recent research reports. UBS Group restated a “neutral” rating and set a $2.00 target price (down from $2.25) on shares of Gevo in a report on Friday, May 22nd. Northland Securities set a $3.50 price target on Gevo and gave the company an “outperform” rating in a report on Thursday, April 16th. Zacks Research downgraded Gevo from a “hold” rating to a “strong sell” rating in a research report on Friday, May 8th. HC Wainwright reissued a “buy” rating on shares of Gevo in a research note on Tuesday, May 26th. Finally, Wall Street Zen cut Gevo from a “hold” rating to a “strong sell” rating in a report on Sunday, May 10th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $2.75.

Institutional Investors Weigh In On Gevo

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GEVO. NewEdge Advisors LLC raised its position in Gevo by 11.0% in the second quarter. NewEdge Advisors LLC now owns 92,965 shares of the energy company’s stock valued at $123,000 after purchasing an additional 9,249 shares during the period. Corient Private Wealth LLC grew its holdings in shares of Gevo by 83.0% during the 4th quarter. Corient Private Wealth LLC now owns 20,950 shares of the energy company’s stock worth $42,000 after purchasing an additional 9,500 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in shares of Gevo during the 1st quarter worth about $28,000. Cetera Investment Advisers increased its position in shares of Gevo by 29.0% during the 4th quarter. Cetera Investment Advisers now owns 49,137 shares of the energy company’s stock worth $98,000 after purchasing an additional 11,040 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in Gevo by 138.1% in the 2nd quarter. BNP Paribas Financial Markets now owns 20,927 shares of the energy company’s stock valued at $28,000 after buying an additional 12,136 shares during the period. Institutional investors and hedge funds own 35.17% of the company’s stock.

Key Headlines Impacting Gevo

Here are the key news stories impacting Gevo this week:

• Negative Sentiment: Multiple Gevo insiders sold shares over the past few days, including CEO Paul D. Bloom, COO Christopher Michael Ryan, CFO Oluwagbemileke Yusuf Agiri, Director Patrick R. Gruber, and others, creating a broad wave of insider selling that may pressure investor confidence. Article Title
• Neutral Sentiment: Most of the insider sales were executed under pre-arranged Rule 10b5-1 plans and were described as being related to tax withholding on equity awards, which suggests the selling may not reflect a change in the company’s outlook.
• Neutral Sentiment: Gevo previously reported revenue of $42.95 million, roughly in line with expectations, but it remains unprofitable and analysts still expect a loss for the year, so the fundamental picture is mixed.
• Positive Sentiment: The company’s balance sheet appears relatively liquid, with a current ratio of 4.31 and quick ratio of 3.51, which may help support operations while Gevo continues building its renewable fuels business.

About Gevo

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.