Gevo Inc. (GEVO) general counsel David Michael Kettner purchased 12,500 ordinary shares on Aug. 21 for a total of $19,368, according to a filing monitored by Investing.com.
The transaction was executed at a price of $1.5495 per share, with Kettner holding 276,788 shares directly afterward. The company's stock closed at $1.53 on Aug. 24, down 0.65%, and was trading at $1.531 in after-hours activity.
Gevo's shares have declined 23.5% year-to-date, with the 52-week low near $1.37. The company reported quarterly revenue of $47 million for Q2 2026, a 7% increase from the prior year and above the $45.95 million consensus estimate. Adjusted loss per share was $0.01, outperforming the expected $0.03 loss.
Gevo also raised its full-year adjusted EBITDA guidance to more than $60 million, up from a prior range of $30 million. The company's current ratio stands at 2.7, while trailing twelve-month revenue grew 121%. InvestingPro data indicates the company is consuming cash at a rapid pace.
