Gevo, Inc. (GEVO): Patrick R. Gruber , Chief Executive Officer of Gevo, Inc. sold 108 shares on Apr 12, 2016. The Insider selling transaction was reported by the company on Apr 13, 2016 to the Securities and Exchange Commission. The shares were sold at $0.26 per share for a total value of $28.08 according the SEC Form 4 Filing.
Currently the company Insiders own 6.43% of Gevo shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by 2.1%.Institutional Investors own 11.32% of Gevo shares.During last six month period, the net percent change held by insiders has seen a change of 11.07%.
Shares of Gevo (GEVO) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -0.005 points or -1.92% at $0.255 with 7,96,086 shares getting traded. Post opening the session at $0.26, the shares hit an intraday low of $0.2423 and an intraday high of $0.2657 and the price vacillated in this range throughout the day. The company has a market cap of $6 M and the number of outstanding shares has been calculated to be 2,35,10,855 shares. The 52-week high of Gevo is $7.24 and the 52-week low is $0.22.
Gevo Inc. (Gevo) is a renewable chemicals and biofuels company. The Compnay is focused on the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks. The Company operates through two segments: the Gevo Inc. and the Gevo Development/Agri-Energy. The Gevo Inc. segment is responsible for all research and development activities related to the production of isobutanol including the development of its biocatalysts the production and sale of biojet fuel. The Gevo Development/Agri-Energy Segment is responsible for the operation of its Agri-Energy Facility and the production of ethanol isobutanol and related products.