From MarketBeat:



Andrew Shafer, an insider at Gevo, Inc. sold 24,978 shares of the company’s stock on December 26, 2017. After the sale, Shafer now owns 156,841 shares valued at $192,914.43. The stock was sold at an average price of $1.23, totaling $30,722.94.

The company is currently trading at $1.25, with a market cap of $300.38 million. Analysts have forecast that Gevo, Inc. will post -0.26 earnings per share for the current year. Several analysts have offered their opinions on the stock, with UBS Group decreasing their target price and Stifel Nicolaus maintaining a “buy” rating.

Institutional investors have increased their stakes in Gevo, with 39.26% of the stock now owned by institutional investors and hedge funds. The company operates as a renewable fuels company, offering renewable gasoline, diesel, isooctane, isobutanol, and others. Gevo, Inc. last posted its quarterly earnings results on November 13th, reporting a negative net margin of 546.89%.

The instant news alert was generated by narrative science technology and financial data from MarketBeat, reviewed by MarketBeat’s editorial team. Gevo currently has a “Moderate Buy” rating, but top-rated analysts believe there are better buys, according to MarketBeat.



Read more: Insider Selling: Gevo, Inc. (NASDAQ:GEVO) Insider Sells 24,978 Shares of Stock