Insider Selling: Gevo COO Sells 1,042 Shares of Stock (GEVO)
Gevo (NASDAQ:GEVO) COO Christopher Michael Ryan sold 1,042 shares of the company’s stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $0.46, for a total value of $479.32. Following the completion of the transaction, the chief operating officer now directly owns 362,117 shares of the company’s stock, valued at approximately $166,574. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Gevo (NASDAQ:GEVO) traded up 0.04% on Friday, hitting $0.4503. 555,635 shares of the company’s stock traded hands. Gevo has a 52-week low of $0.43 and a 52-week high of $2.18. The stock has a 50-day moving average of $0.6 and a 200-day moving average of $0.98. The company’s market cap is $30.6 million.
Gevo (NASDAQ:GEVO) last posted its quarterly earnings results on Wednesday, August 13th. The company reported ($0.25) earnings per share for the quarter, missing the analysts’ 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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