Gevo, Inc. (GEVO): Patrick R. Gruber , Chief Executive Officer of Gevo, Inc. sold 108 shares on May 12, 2016. The Insider selling transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were sold at $0.30 per share for a total value of $32.40 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 16, 2016, Gregory Roda (Chief Commercial Officer) sold 16 shares at $0.30 per share price.On May 3, 2016, Mike Willis (CFO) sold 48 shares at $0.26 per share price.Also, On Apr 19, 2016, Christopher Michael Ryan (President and COO) sold 70 shares at $0.26 per share price.On Apr 13, 2016, Patrick R. Gruber (Chief Executive Officer) sold 108 shares at $0.26 per share price.
Gevo: On Friday, May 13, 2016 heightened volatility was witnessed in Gevo which led to swings in the share price. The shares opened for trading at $0.3614 and hit $0.4386 on the upside , eventually ending the session at $0.39, with a gain of 21.88% or 0.07 points. The heightened volatility saw the trading volume jump to 1,89,24,028 shares. The 52-week high of the share price is $5.68 and the company has a market cap of $9.2 M . The 52-week low of the share price is at $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.