Gevo director Patrick Gruber sells $5,671 in company stock
On September 3, 2026, Patrick R. Gruber, a Gevo director, sold 3,333 shares of the company's stock, amounting to $5,671. The shares were sold within a price range of $1.695 to $1.710, with a weighted average cost of $1.7016 per share. The sale was conducted under a 10b5-1 trading plan that Gruber established on March 10, 2026. Currently, Gevo's stock price stands at $1.64, which is $0.0146 less than the average sale price, reflecting an 18% decline year-to-date.
According to InvestingPro analysis, Gevo's stock appears to be undervalued, featuring on the platform's Most Undervalued list. Post the sale, Gruber personally holds 3,320,455 shares of Gevo common stock, in addition to 25,728.66 shares indirectly held through his 401(k) plan. Between August 6 and September 3, 2026, he also sold 9.04 shares from his 401(k) plan to cover administrative fees.
For a more detailed look at Gevo's financial health and valuation, investors can refer to the Pro Research Report available exclusively on InvestingPro. Recently, Gevo announced better-than-expected earnings for the second quarter of 2026, with revenue increasing by 7% year-over-year to $47 million, exceeding the forecasted $45.95 million.
The adjusted loss per share narrowed to $0.01 from the projected $0.03 loss. Furthermore, the company raised its full-year adjusted EBITDA outlook to over $60 million, a significant increase from the previous estimate of $30 million. These financial developments suggest a positive outlook for Gevo's future performance. This report was AI-generated and reviewed by an editor.
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