223,730 Shares in Gevo, Inc. (NASDAQ:GEVO) Bought by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. acquired a new position in shares of Gevo, Inc. (NASDAQ:GEVO) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 223,730 shares of the energy company’s stock, valued at approximately $468,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Lauterbach Financial Advisors LLC bought a new stake in shares of Gevo in the 3rd quarter valued at about $29,000. Signal Advisors Wealth LLC bought a new stake in shares of Gevo in the 4th quarter valued at about $34,000. Ballentine Partners LLC bought a new stake in shares of Gevo in the 4th quarter valued at about $54,000. International Assets Investment Management LLC bought a new stake in shares of Gevo in the 4th quarter valued at about $59,000. Finally, VisionPoint Advisory Group LLC grew its position in shares of Gevo by 200.9% in the 4th quarter. VisionPoint Advisory Group LLC now owns 28,057 shares of the energy company’s stock valued at $65,000 after buying an additional 18,734 shares during the last quarter. Institutional investors own 35.17% of the company’s stock.

Analyst Ratings Changes

Separately, HC Wainwright reiterated a “buy” rating and issued a $14.00 price target on shares of Gevo in a research report on Tuesday, February 4th.

Gevo Trading Up 1.6 %

NASDAQ GEVO opened at $1.30 on Wednesday. The business’s 50-day moving average price is $1.90 and its two-hundred day moving average price is $1.70. Gevo, Inc. has a 12 month low of $0.48 and a 12 month high of $3.39. The firm has a market capitalization of $311.23 million, a PE ratio of -3.82 and a beta of 2.73. The company has a current ratio of 8.25, a quick ratio of 8.05 and a debt-to-equity ratio of 0.13.

Gevo Company Profile

Gevo, Inc operates as a carbon abatement company. It operates through three segments: Gevo, Agri-Energy, and Renewable Natural Gas. The company focuses on transforming renewable energy into energy-dense liquid hydrocarbons that can be used as renewable fuels. It offers renewable gasoline and diesel, isobutanol, sustainable aviation fuel, renewable natural gas, isobutylene, ethanol, and animal feed and protein.