Gevo’s chief customer market & brand officer sells $13,253 in stock

ENGLEWOOD, CO—Andrew Shafer, the Chief Customer Market & Brand Officer of Gevo , Inc. (NASDAQ:GEVO), recently sold 10,000 shares of the company’s common stock. The shares were sold at a weighted average price of approximately $1.3253 per share, amounting to a total transaction value of $13,253. This sale was conducted under a 10b5-1 trading plan adopted by Shafer in November 2024.

Following the transaction, Shafer holds 322,430 shares directly. Additionally, through his 401(k) plan, he owns 9,825.91 shares indirectly. The 401(k) holdings reflect acquisitions and minor disposals between November 2024 and March 2025, as reported in a plan statement dated February 25, 2025. With a market capitalization of $281 million and its next earnings report due March 27, investors can access comprehensive analysis through InvestingPro’s detailed research report.

Gevo, Inc., based in Englewood, Colorado, focuses on the development and commercialization of renewable alternatives to petroleum-based products. The company’s stock shows high volatility with a beta of 2.72, making it particularly sensitive to market movements. InvestingPro analysis indicates the stock is currently trading below its Fair Value.

In other recent news, Gevo, Inc. reported ending the fourth quarter of 2024 with $259.0 million in cash and cash equivalents, including $69.6 million in restricted cash. Gevo North Dakota, formerly Red Trail, generated $150 million in revenue for the fiscal year ending September 30, 2024, and is projected to contribute $30-60 million of adjusted EBITDA annually. H.C. Wainwright maintained a Buy rating on Gevo with a $14 price target, highlighting the company’s commitment to achieving positive adjusted EBITDA by 2025. Texas Capital Securities also maintained a Buy rating with a $4.50 price target, emphasizing the potential growth from Gevo’s renewable natural gas (RNG) projects and the ATJ-60 plant.

Gevo recently completed the acquisition of Red Trail Energy for $210 million, a move seen as strategic, with the facility now renamed Net-Zero North. This acquisition is expected to enhance Gevo’s sustainable energy production capabilities. Additionally, Gevo announced a strategic alliance with Axens to advance sustainable aviation fuel development through their ethanol-to-jet technology. This partnership aims to create a cost-effective and commercially viable sustainable aviation fuel. These developments reflect Gevo’s strategic initiatives and potential for financial growth, as noted by analysts from H.C. Wainwright and Texas Capital Securities.

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