Gevo (NASDAQ:GEVO) Insider Kimberly Bowron Sells 15,470 Shares

Gevo, Inc. (NASDAQ:GEVO) insider Kimberly Bowron sold 15,470 shares of the company’s 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 $22,122.10. Following the completion of the sale, the insider owned 696,295 shares of the company’s stock, valued at $995,701.85. This trade represents a 2.17% decrease in their ownership of the stock. The transaction was disclosed in a 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.

Gevo Price Performance

GEVO stock opened at $1.43 on Tuesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 4.31 and a quick ratio of 3.51. The business has a 50 day simple moving average of $1.80 and a 200-day simple moving average of $2.00. The firm has a market capitalization of $348.08 million, a PE ratio of -11.00 and a beta of 0.99. Gevo, Inc. has a 1 year low of $1.12 and a 1 year high of $2.97.

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

Gevo News Summary

Here are the key news stories impacting Gevo this week:

• Positive Sentiment: The stock continues to have a relatively strong liquidity position, with a quick ratio of 3.51 and current ratio of 4.31, which may help support operations while the company works through its growth strategy.
• Neutral Sentiment: Gevo previously reported quarterly revenue of $42.95 million, which was close to analyst expectations, showing the business is generating meaningful sales even though profitability remains negative.
• Neutral Sentiment: Several insider trades were executed under pre-arranged Rule 10b5-1 plans and were described as being related to tax withholding from equity award vesting, which may limit how much the sales should be read as a negative signal.
• Negative Sentiment: Director Patrick Gruber sold 157,563 shares, and multiple other executives including the CEO, CFO, COO, VP, and another insider also sold shares, creating a broad wave of insider selling that could pressure the stock. Article Title
• Negative Sentiment: Gevo recently missed earnings estimates and remains unprofitable, with a negative EPS result, negative net margin, and analysts expecting another loss this year, all of which can keep pressure on the shares.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in Gevo in the first quarter valued at approximately $28,000. Key Client Fiduciary Advisors LLC acquired a new position in Gevo in the fourth quarter valued at approximately $25,000. Berger Financial Group Inc acquired a new position in Gevo during the fourth quarter worth $26,000. Franklin Resources Inc. acquired a new position in Gevo during the fourth quarter worth $28,000. Finally, Mackenzie Financial Corp acquired a new position in Gevo during the third quarter worth $29,000. 35.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

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.