Gevo, Inc. (NASDAQ:GEVO – Get Free Report) COO Christopher Michael Ryan sold 84,014 shares of Gevo stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $0.76, for a total value of $63,850.64. Following the transaction, the chief operating officer now directly owns 1,573,934 shares in the company, valued at approximately $1,196,189.84. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Christopher Michael Ryan also recently made the following trade(s):
- On Tuesday, August 6th, Christopher Michael Ryan sold 46,608 shares of Gevo stock. The shares were sold at an average price of $0.51, for a total transaction of $23,770.08.
- On Wednesday, July 31st, Christopher Michael Ryan sold 39,821 shares of Gevo stock. The stock was sold at an average price of $0.59, for a total value of $23,494.39.
Gevo Stock Performance
Shares of GEVO opened at $0.89 on Thursday. The firm has a market cap of $210.79 million, a price-to-earnings ratio of -3.08 and a beta of 2.90. The company’s fifty day moving average is $0.63 and its 200-day moving average is $0.69. The company has a quick ratio of 12.62, a current ratio of 12.80 and a debt-to-equity ratio of 0.13. Gevo, Inc. has a 12 month low of $0.48 and a 12 month high of $1.43.
Institutional Trading of Gevo
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. RPO LLC acquired a new position in shares of Gevo during the fourth quarter valued at about $77,000. Tower Research Capital LLC TRC lifted its holdings in Gevo by 136.1% during the 4th quarter. Tower Research Capital LLC TRC now owns 49,134 shares of the energy company’s stock valued at $57,000 after purchasing an additional 28,323 shares during the last quarter. Thomist Capital Management LP acquired a new stake in shares of Gevo during the first quarter worth approximately $1,833,000. Mirae Asset Global Investments Co. Ltd. bought a new position in Gevo in the 1st quarter valued at $89,000. Finally, BNP Paribas Financial Markets lifted its position in Gevo by 79.5% during the 1st quarter. BNP Paribas Financial Markets now owns 142,679 shares of the energy company’s stock valued at $110,000 after purchasing an additional 63,179 shares during the period. Institutional investors and hedge funds own 35.17% of the company’s stock.
Analyst Ratings Changes
Separately, HC Wainwright reaffirmed a “buy” rating and issued a $14.00 target price on shares of Gevo in a research report on Monday, August 12th.
Get Our Latest Stock Analysis on GEVO
About Gevo
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.
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