Gevo, Inc. (NASDAQ:GEVO) COO Christopher Michael Ryan Sells 46,608 Shares

Gevo, Inc. (NASDAQ:GEVO) COO Christopher Michael Ryan sold 46,608 shares of the company’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $0.51, for a total transaction of $23,770.08. Following the completion of the sale, the chief operating officer now directly owns 1,657,948 shares of the company’s stock, valued at $845,553.48. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

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

• On Wednesday, July 31st, Christopher Michael Ryan sold 39,821 shares of Gevo stock. The shares were sold at an average price of $0.59, for a total transaction of $23,494.39.

Gevo Trading Up 3.1 %

Shares of GEVO stock traded up $0.02 during trading hours on Wednesday, reaching $0.51. 1,308,637 shares of the stock traded hands, compared to its average volume of 4,956,230. Gevo, Inc. has a 1-year low of $0.48 and a 1-year high of $1.72. The business has a fifty day moving average price of $0.61 and a 200 day moving average price of $0.71. The company has a quick ratio of 12.62, a current ratio of 12.80 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $121.23 million, a PE ratio of -1.77 and a beta of 2.90.

Analysts Set New Price Targets

Several analysts recently commented on the stock. UBS Group cut their target price on shares of Gevo from $1.36 to $0.85 and set a “neutral” rating for the company in a research note on Wednesday, April 10th. HC Wainwright reissued a “buy” rating and set a $14.00 target price on shares of Gevo in a research note on Friday, May 3rd.

Institutional Investors Weigh In On Gevo

A number of large investors have recently made changes to their positions in the company. Bayesian Capital Management LP acquired a new stake in shares of Gevo during the first quarter valued at approximately $27,000. Paloma Partners Management Co acquired a new stake in shares of Gevo during the first quarter valued at approximately $74,000. Price T Rowe Associates Inc. MD raised its holdings in shares of Gevo by 128.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 341,936 shares of the energy company’s stock valued at $263,000 after acquiring an additional 192,457 shares during the period. Vanguard Group Inc. increased its stake in Gevo by 3.1% in the 1st quarter. Vanguard Group Inc. now owns 13,805,071 shares of the energy company’s stock valued at $10,612,000 after buying an additional 409,693 shares during the period. Finally, FinTrust Capital Advisors LLC acquired a new position in Gevo in the 1st quarter valued at approximately $38,000. Institutional investors and hedge funds own 35.17% of the company’s stock.

Gevo Company Profile

Gevo, Inc operates as a carbon abatement company. It operates through three segments: Gevo, Agri-Energy, and Renewable Natural Gas. The company focuses on transforming renewable energy into energy-dense liquid hydrocarbons that can be used as renewable fuels. It offers renewable gasoline and diesel, isobutanol, sustainable aviation fuel, renewable natural gas, isobutylene, ethanol, and animal feed and protein.