Insider Buying: Atlantic Power Corp (ATP) Insider Acquires 10,000 Shares of Stock
Atlantic Power Corp (TSE:ATP) (NYSE:ATP) insider Joseph Edward Cofelice bought 10,000 shares of the company’s stock in a transaction that occurred on Friday, June 23rd. The shares were purchased at an average price of C$2.40 per share, with a total value of C$24,000.00.
Joseph Edward Cofelice also recently made the following trade(s):
- On Monday, May 22nd, Joseph Edward Cofelice bought 10,000 shares of Atlantic Power Corp stock. The shares were purchased at an average price of C$2.39 per share, with a total value of C$23,900.00.
Shares of Atlantic Power Corp (TSE ATP) traded up 0.796% during midday trading on Monday, hitting $3.165. 1,300 shares of the company were exchanged. Atlantic Power Corp has a one year low of $2.88 and a one year high of $3.67. The company’s market capitalization is $364.70 million. The company has a 50-day moving average of $3.31 and a 200 day moving average of $3.32.
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A number of brokerages recently issued reports on ATP. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Atlantic Power Corp in a research report on Friday, March 3rd. TD Securities reiterated a “hold” rating and set a C$2.75 target price on shares of Atlantic Power Corp in a research report on Monday, March 6th. Finally, National Bank Financial upgraded shares of Atlantic Power Corp from an “underperform market weight” rating to a “sector perform market weight” rating in a research report on Thursday, March 2nd.
Atlantic Power Corp Company Profile
Atlantic Power Corporation (Atlantic Power) owns and operates a fleet of power generation assets in the United States and Canada. The Company’s power generation projects sell electricity to utilities and other commercial customers. Atlantic Power’s segments include East U.S., West U.S. and Canada. The Company’s East U.S.
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