Insider Selling: Gregory Roda Sells 238 Shares of Gevo Stock (GEVO)
Gevo (NASDAQ:GEVO) Insider Gregory Roda unloaded 238 shares of the stock on the open market in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $0.49, for a total transaction of $116.62. Following the completion of the transaction, the insider now directly owns 35,760 shares in the company, valued at approximately $17,522. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Gevo (NASDAQ:GEVO) traded down 5.19% during mid-day trading 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’s 50-day moving average is $0.67 and its 200-day moving average is $1.01. The company’s market cap is $30.9 million.
Gevo (NASDAQ:GEVO) last announced its earnings results 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. On average, analysts predict that Gevo will post $-0.75 earnings per share 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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