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Gevo (NASDAQ:GEVO) EVP Brett Lund sold 28,571 shares of the company’s stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $0.95, for a total transaction of $27,142.45. Following the completion of the transaction, the executive vice president now directly owns 120,810 shares in the company, valued at approximately $114,770. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

GEVO has been the subject of a number of recent research reports. Analysts at Cowen and Company cut their price target on shares of Gevo to $1.00 in a research note on Friday, May 16th. Separately, analysts at Zacks downgraded shares of Gevo from an “outperform” rating to a “neutral” rating in a research note on Thursday, May 8th. They now have a $1.30 price target on the stock. Finally, analysts at Zacks upgraded shares of Gevo from a “neutral” rating to an “outperform” rating in a research note on Wednesday, April 9th. They now have a $1.50 price target on the stock.

Shares of Gevo (NASDAQ:GEVO) traded up 1.33% on Friday, hitting $0.9221. 293,523 shares of the company’s stock traded hands. Gevo has a one year low of $0.73 and a one year high of $2.32. The stock has a 50-day moving average of $0.99 and a 200-day moving average of $1.2. The company’s market cap is $62.6 million.

Gevo (NASDAQ:GEVO) last posted its quarterly earnings results on Wednesday, May 14th. The company reported ($0.18) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.21) by $0.03. The company had revenue of $0.90 million for the quarter, compared to the consensus estimate of $1.70 million. During the same quarter in the prior year, the company posted ($0.45) earnings per share. The company’s quarterly revenue was down 74.3% on a year-over-year basis. Analysts expect that Gevo will post $-0.67 EPS for the current fiscal year.

Gevo, Inc, is a renewable chemicals and advanced biofuels company. The Company is focused on the development and commercialization of alternatives to petroleum-based products.

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