Insider Selling: Pattern Energy Group Director Sells 2,400,000 Shares of Stock (PEGI)
Pattern Energy Group (NASDAQ:PEGI) Director Renewable Energy Gp Ii R/C sold 2,400,000 shares of the stock in a transaction dated Tuesday, October 8th. The shares were sold at an average price of $20.79, for a total transaction of $49,896,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Pattern Energy Group (NASDAQ:PEGI) traded down 0.57% on Wednesday, hitting $22.53. 318,656 shares of the company’s stock traded hands. Pattern Energy Group has a 1-year low of $22.28 and a 1-year high of $24.30. The stock has a 50-day moving average of $23.13 and a 200-day moving average of $23.13. The company has a market cap of $800.4 million and a price-to-earnings ratio of 49.05.
Pattern Energy Group Inc is an independent power company focused on owning and operating power projects.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.