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Ryan Christopher Michael, President & COO of Gevo , Inc. (NASDAQ:GEVO), sold 42,499 shares of common stock on August 5, 2025. The shares were sold at a weighted average price of $1.2306, resulting in a total transaction value of $52,299. Prices for the sales ranged from $1.21 to $1.28.
Following the transaction, Ryan Christopher Michael directly owns 1,633,621 shares of Gevo, Inc. common stock. He also indirectly owns 22,025.03 shares through a 401(k) plan. The company, with a market capitalization of $272 million, maintains strong liquidity with a current ratio of 2.04, according to InvestingPro analysis.
The sale was executed to cover tax withholding obligations upon the vesting of a restricted stock award, and was made pursuant to a pre-arranged 10b5-1 trading plan adopted on November 26, 2024. Investors can access detailed financial analysis and 15 additional key insights about GEVO through InvestingPro’s comprehensive research reports.
In other recent news, Gevo, Inc. has made significant strides with the sale of its wholly owned 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 be finalized by the end of 2025. The sale is projected to save Gevo approximately $3 million annually by cutting costs associated with keeping the facility idle. In another development, Gevo has initiated the sale of carbon removal credits, with a global financial and technology firm purchasing Puro.earth-certified CO2 Removal Certificates to aid in its decarbonization efforts. Additionally, Jefferies has raised its price target for Gevo to $1.50, citing the passage of OBBBA legislation that extends tax credits and eases language around land use. Furthermore, H.C. Wainwright maintains a Buy rating for Gevo with a price target of $14.00. In leadership news, Gevo has promoted Lindsay (NYSE:LNN) Fitzgerald to Chief Advocacy and Communications Officer, where she will lead policy advocacy and public communications.
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