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ENGLEWOOD, CO— Gevo , Inc. (NASDAQ:GEVO), currently valued at $272 million, reported that Executive Vice President Smull L Lynn sold 60,331 shares of common stock on May 30, 2025. These shares were sold at a weighted average price of $1.282 per share, amounting to a total transaction value of $77,344. The stock, which has shown significant volatility according to InvestingPro data, has delivered an impressive 86% return over the past year despite currently trading below Fair Value.
The sales were conducted under a 10b5-1 trading plan, which was adopted by Lynn on November 25, 2024, to cover tax withholding obligations upon the vesting of a restricted stock award. Following this transaction, Lynn holds 1,109,271 shares directly. With 12 additional InvestingPro Tips available, investors can gain deeper insights into Gevo’s financial health and growth prospects through the comprehensive Pro Research Report.
Additionally, Lynn’s holdings in Gevo’s 401(k) plan were adjusted between August 26, 2024, and May 30, 2025, due to a reconciliation of an excess match and other minor transactions, resulting in a current holding of 22,047.51 shares under the plan.
In other recent news, Gevo, Inc. reported its Q1 2025 financial results, revealing a revenue of $30.9 million, which was slightly below the forecasted $31.91 million. Despite the revenue miss, the company continues to focus on strategic initiatives like monetizing 45Z tax credits and expanding its alcohol-to-jet (ATJ) plant capacity. In a significant move, Gevo agreed to sell its subsidiary, Agri-Energy, LLC, to A.E. Innovation, LLC for $7 million. This transaction includes an ethanol production facility in Luverne, Minnesota, and is expected to save Gevo approximately $3 million annually by eliminating idling costs. Additionally, H.C. Wainwright maintained a Buy rating for Gevo with a $14 price target, reflecting optimism about the company’s strategic sale and retained assets. In leadership news, Gevo appointed Oluwagbemileke (Leke) Agiri as its new Chief Financial Officer, a move aligned with the company’s long-term growth plans. The company is also actively pursuing opportunities to develop and deploy its ATJ plant designs globally, leveraging its intellectual property and engineering capabilities. These developments underscore Gevo’s commitment to advancing its renewable energy solutions and strategic partnerships.
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