Insider Selling: Gevo EVP Sells 1,099 Shares of Stock (GEVO)
Gevo (NASDAQ:GEVO) EVP Brett Lund sold 1,099 shares of Gevo stock on the open market in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $0.47, for a total value of $516.53. Following the transaction, the executive vice president now directly owns 109,038 shares in the company, valued at approximately $51,248. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Gevo (NASDAQ:GEVO) opened at 0.466 on Wednesday. Gevo has a 1-year low of $0.43 and a 1-year high of $2.18. The stock’s 50-day moving average is $0.65 and its 200-day moving average is $0.99. The company’s market cap is $31.6 million.
Gevo (NASDAQ:GEVO) last released its earnings data on Wednesday, August 13th. The company reported ($0.25) EPS for the quarter, missing the Thomson Reuters 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.