435,000 Shares in Gevo, Inc. $GEVO Acquired by J. Derek Lewis & Associates Inc.

J. Derek Lewis & Associates Inc. purchased a new stake in Gevo, Inc. (NASDAQ:GEVO) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 435,000 shares of the energy company’s stock, valued at approximately $870,000. J. Derek Lewis & Associates Inc. owned 0.18% of Gevo as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Key Client Fiduciary Advisors LLC purchased a new position in shares of Gevo in the 4th quarter valued at $25,000. Berger Financial Group Inc acquired a new stake in Gevo in the 4th quarter valued at $26,000. Legal & General Group Plc acquired a new stake in Gevo in the 2nd quarter valued at $28,000. Franklin Resources Inc. purchased a new position in Gevo in the fourth quarter valued at about $28,000. Finally, BNP Paribas Financial Markets raised its position in Gevo by 138.1% in the second quarter. BNP Paribas Financial Markets now owns 20,927 shares of the energy company’s stock valued at $28,000 after purchasing an additional 12,136 shares during the period. 35.17% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on GEVO shares. Northland Securities set a $3.50 target price on Gevo and gave the company an “outperform” rating in a research note on Thursday, April 16th. Wall Street Zen cut Gevo from a “hold” rating to a “strong sell” rating in a report on Sunday, May 10th. HC Wainwright reaffirmed a “buy” rating on shares of Gevo in a research report on Tuesday, May 26th. UBS Group reiterated a “neutral” rating and set a $2.00 price objective (down from $2.25) on shares of Gevo in a research note on Friday, May 22nd. Finally, Zacks Research lowered shares of Gevo from a “hold” rating to a “strong sell” rating in a report on Friday, May 8th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $2.75.

Insider Buying and Selling

In other Gevo news, insider Andrew Shafer sold 32,667 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $1.76, for a total transaction of $57,493.92. Following the completion of the sale, the insider owned 321,051 shares in the company, valued at $565,049.76. The trade was a 9.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Oluwagbemileke Yusuf Agiri sold 63,028 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $1.40, for a total transaction of $88,239.20. Following the sale, the chief financial officer directly owned 491,116 shares in the company, valued at $687,562.40. This trade represents a 11.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 900,709 shares of company stock worth $1,615,651. 7.09% of the stock is currently owned by insiders.

Gevo Price Performance

GEVO opened at $1.54 on Friday. The company has a market capitalization of $374.85 million, a P/E ratio of -11.85 and a beta of 0.99. The company has a 50-day moving average of $1.75 and a 200-day moving average of $1.98. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.51 and a current ratio of 4.31. Gevo, Inc. has a 1-year low of $1.12 and a 1-year high of $2.97.

Gevo (NASDAQ:GEVO) last posted its quarterly earnings results on Thursday, May 7th. The energy company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.03). The firm had revenue of $42.95 million during the quarter, compared to analyst estimates of $44.90 million. Gevo had a negative return on equity of 5.06% and a negative net margin of 19.38%. Equities analysts expect that Gevo, Inc. will post -0.11 EPS for the current fiscal year.

Gevo Profile

Gevo, Inc (NASDAQ: GEVO) is a renewable chemicals and biofuels company that develops and produces low-carbon alternatives to petroleum-based products. The company’s core technology platform converts fermentable sugars into isobutanol, which can be further processed into sustainable aviation fuel (SAF), renewable gasoline, diesel, and jet fuel. Gevo’s integrated biorefinery model combines fermentation, recovery, and downstream processing to deliver scalable, drop-in replacements for conventional fossil-derived hydrocarbons.

Gevo’s primary products include isobutanol, a four-carbon alcohol used as a building block for various fuels and chemicals, and hydrocarbon fuels that meet ASTM specifications for aviation and road transport.