Insider Selling: Gevo CFO Sells 306 Shares of Stock (GEVO)
Gevo (NASDAQ:GEVO) CFO Mike Willis sold 306 shares of Gevo stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $0.48, for a total transaction of $146.88. Following the completion of the transaction, the chief financial officer now directly owns 120,336 shares in the company, valued at approximately $57,761. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Gevo (NASDAQ:GEVO) traded down 5.19% on Friday, hitting $0.4551. 611,732 shares of the company’s stock traded hands. Gevo has a one year low of $0.43 and a one year high of $2.18. The stock has a 50-day moving average of $0.67 and a 200-day moving average of $1.01. The company’s market cap is $30.9 million.
Gevo (NASDAQ:GEVO) last issued its quarterly earnings data on Wednesday, August 13th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by $0.08. The company had revenue of $7.70 million for the quarter, compared to the consensus estimate of $7.20 million. Analysts expect that Gevo will post $-0.75 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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