Gevo (NASDAQ:GEVO) Given Buy Rating at HC Wainwright

HC Wainwright restated their buy rating on shares of Gevo (NASDAQ:GEVOFree Report) in a research report sent to investors on Wednesday morning,Benzinga reports. The firm currently has a $14.00 target price on the energy company’s stock. HC Wainwright also issued estimates for Gevo’s FY2027 earnings at $0.40 EPS.

Separately, UBS Group increased their target price on shares of Gevo from $0.85 to $3.25 and gave the stock a “neutral” rating in a report on Tuesday, October 22nd.

Get Our Latest Stock Report on GEVO

Gevo Price Performance

Shares of Gevo stock traded up $0.08 during trading on Wednesday, reaching $1.50. 1,372,080 shares of the company’s stock were exchanged, compared to its average volume of 5,936,210. The company has a debt-to-equity ratio of 0.13, a quick ratio of 8.05 and a current ratio of 8.25. Gevo has a 1-year low of $0.48 and a 1-year high of $3.39. The company has a market cap of $359.09 million, a P/E ratio of -4.18 and a beta of 2.94. The firm’s 50-day moving average price is $1.85 and its 200 day moving average price is $1.07.

Insider Activity

In related news, COO Christopher Michael Ryan sold 84,014 shares of the business’s stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $0.76, for a total transaction of $63,850.64. Following the sale, the chief operating officer now owns 1,573,934 shares in the company, valued at $1,196,189.84. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, insider Andrew Shafer sold 26,911 shares of Gevo stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $2.37, for a total transaction of $63,779.07. Following the transaction, the insider now owns 332,430 shares in the company, valued at approximately $787,859.10. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Christopher Michael Ryan sold 84,014 shares of the stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $0.76, for a total value of $63,850.64. Following the completion of the sale, the chief operating officer now owns 1,573,934 shares of the company’s stock, valued at $1,196,189.84. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 377,474 shares of company stock worth $367,007. Insiders own 4.00% of the company’s stock.

Institutional Investors Weigh In On Gevo

Institutional investors have recently made changes to their positions in the stock. Lauterbach Financial Advisors LLC bought a new position in shares of Gevo during the third quarter worth about $29,000. Bayesian Capital Management LP bought a new position in Gevo during the 1st quarter worth approximately $27,000. Financial Advocates Investment Management acquired a new position in shares of Gevo in the 3rd quarter worth approximately $114,000. Alternative Investment Advisors LLC. bought a new stake in shares of Gevo in the 2nd quarter valued at $51,000. Finally, Paloma Partners Management Co acquired a new stake in shares of Gevo during the first quarter worth $74,000. Institutional investors own 35.17% of the company’s stock.

Gevo Company Profile

(Get Free Report)

Gevo, Inc operates as a carbon abatement company. It operates through three segments: Gevo, Agri-Energy, and Renewable Natural Gas. The company focuses on transforming renewable energy into energy-dense liquid hydrocarbons that can be used as renewable fuels. It offers renewable gasoline and diesel, isobutanol, sustainable aviation fuel, renewable natural gas, isobutylene, ethanol, and animal feed and protein.

Featured Articles

Receive News & Ratings for Gevo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gevo and related companies with MarketBeat.com's FREE daily email newsletter.