A Director at Gevo (GEVO) is Buying Shares


Today, a Director at Gevo (NASDAQ: GEVO), Johannes Minho Roth, bought shares of GEVO for $421.5K.

In addition to Johannes Minho Roth, one other GEVO executive reported Buy trades in the last month.

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Based on Gevo’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $9.42 million and GAAP net loss of $11.49 million. In comparison, last year the company earned revenue of $7.54 million and had a GAAP net loss of $10.16 million. Currently, Gevo has an average volume of 388.8K.

Six different firms, including Canaccord Genuity and JMP Securities, currently also have a Buy rating on the stock.

The insider sentiment on Gevo has been positive according to 88 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Gevo, Inc. is a renewable chemicals and next generation biofuels company which focuses on the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks. It operates through the following segments: Gevo, Gevo Development and Agri-Energy.

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