Fubotv earnings beat by $0.10, revenue topped estimates
Gevo , Inc. (NASDAQ:GEVO) Chief Executive Officer Patrick R. Gruber sold 116,060 shares of common stock on August 5, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The renewable chemicals company, currently valued at $271.7 million, has seen its stock decline 41% year-to-date amid significant price volatility. According to InvestingPro analysis, the stock appears undervalued relative to its Fair Value. The shares were sold at a weighted average price of $1.2306, for a total value of $142,823. The prices for the transactions ranged from $1.21 to $1.28.
Following the transaction, Gruber directly owns 3,847,104 shares of Gevo, Inc. common stock. Gruber also indirectly owns 22,025.96 shares of common stock by 401(k) Plan.
The sale was executed to cover tax withholding obligations upon the vesting of a restricted stock award, and was effected pursuant to a 10b5-1 trading plan adopted on November 14, 2024. The company’s next earnings report is scheduled for August 11, 2025, just days away.
In other recent news, Gevo, Inc. has announced the sale of its subsidiary Agri-Energy, LLC to A.E. Innovation, LLC for $7 million. This transaction, which involves an ethanol production facility in Luverne, Minnesota, is expected to close by the end of 2025, subject to financing and other standard conditions. Gevo anticipates receiving $2 million in cash at closing, with an additional $5 million in future payments, and projects annual savings of approximately $3 million by eliminating costs associated with keeping the facility idle. In another development, Gevo has begun selling carbon removal credits, marking its first foray into this market. These Puro.earth-certified CO2 Removal Certificates have been purchased by a global financial and technology firm to aid in decarbonization efforts. Additionally, Jefferies has adjusted its price target for Gevo to $1.50, citing the recent passage of the OBBBA legislation as a contributing factor. Furthermore, H.C. Wainwright has maintained a Buy rating on Gevo with a price target of $14.00. Lastly, Gevo has promoted Lindsay (NYSE:LNN) Fitzgerald to Chief Advocacy and Communications Officer, where she will lead the company’s policy advocacy and public communications efforts.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.