Gevo, Inc. (GEVO): Patrick R. Gruber , Chief Executive Officer of Gevo, Inc. sold 108 shares on Sep 12, 2016. The Insider selling transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were sold at $0.50 per share for a total value of $54.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 13, 2016, Gregory Roda (Chief Commercial Officer) sold 16 shares at $0.50 per share price.On Sep 6, 2016, Mike Willis (CFO) sold 48 shares at $0.58 per share price.Also, On Aug 15, 2016, Christopher Michael Ryan (President and COO) sold 141 shares at $0.56 per share price.On Aug 15, 2016, Patrick R. Gruber (Chief Executive Officer) sold 108 shares at $0.56 per share price.
Shares of Gevo (GEVO) ended Monday, Sep 12, 2016 session in red amid volatile trading. The shares closed down -0.0232 points or -4.71% at $0.469 with 10,336,198 shares getting traded. Post opening the session at $0.5, the shares hit an intraday low of $0.46 and an intraday high of $0.5 and the price vacillated in this range throughout the day. The company has a market cap of $42 M and the number of outstanding shares has been calculated to be 89,523,003 shares. The 52-week high of Gevo is $2.45 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.