Atlantic Power Corporation (NYSE:AT) (TSE:ATP) Director Gilbert Samuel Palter acquired 35,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 16th. The stock was acquired at an average cost of $2.35 per share, with a total value of $82,250.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Gilbert Samuel Palter also recently made the following trade(s):

  • On Wednesday, September 6th, Gilbert Samuel Palter purchased 34,700 shares of Atlantic Power Corporation stock. The shares were purchased at an average cost of $2.38 per share, with a total value of $82,586.00.
  • On Friday, September 1st, Gilbert Samuel Palter purchased 30,300 shares of Atlantic Power Corporation stock. The shares were purchased at an average cost of $2.38 per share, with a total value of $72,114.00.

Shares of Atlantic Power Corporation (NYSE AT) traded up $0.05 during trading hours on Friday, hitting $2.40. The stock had a trading volume of 336,900 shares, compared to its average volume of 364,303. Atlantic Power Corporation has a one year low of $2.25 and a one year high of $2.75. The firm has a market cap of $270.75, a P/E ratio of 21.36 and a beta of 1.74. The company has a debt-to-equity ratio of 30.07, a current ratio of 1.07 and a quick ratio of 0.97.

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Several large investors have recently made changes to their positions in the company. Neuberger Berman Group LLC lifted its position in shares of Atlantic Power Corporation by 43.5% during the 3rd quarter. Neuberger Berman Group LLC now owns 5,474,274 shares of the utilities provider’s stock valued at $13,412,000 after acquiring an additional 1,658,678 shares during the last quarter. Mangrove Partners lifted its position in shares of Atlantic Power Corporation by 30.5% during the 3rd quarter. Mangrove Partners now owns 11,324,092 shares of the utilities provider’s stock valued at $27,744,000 after acquiring an additional 2,643,352 shares during the last quarter. Jane Street Group LLC lifted its position in shares of Atlantic Power Corporation by 141.2% during the 3rd quarter. Jane Street Group LLC now owns 41,795 shares of the utilities provider’s stock valued at $102,000 after acquiring an additional 24,467 shares during the last quarter. Western Standard LLC acquired a new stake in shares of Atlantic Power Corporation during the 3rd quarter valued at $614,000. Finally, Dimensional Fund Advisors LP lifted its position in shares of Atlantic Power Corporation by 6.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 421,456 shares of the utilities provider’s stock valued at $1,033,000 after acquiring an additional 23,742 shares during the last quarter. Institutional investors own 46.08% of the company’s stock.

A number of equities analysts have issued reports on AT shares. Zacks Investment Research raised Atlantic Power Corporation from a “hold” rating to a “buy” rating and set a $2.75 price target for the company in a research note on Tuesday, October 10th. National Bank Financial decreased their price target on Atlantic Power Corporation from $2.60 to $2.45 and set a “sector perform” rating for the company in a research note on Wednesday, August 30th. BidaskClub lowered Atlantic Power Corporation from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Finally, TD Securities reaffirmed a “hold” rating and set a $2.50 price target on shares of Atlantic Power Corporation in a research note on Tuesday, October 17th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $2.57.

About Atlantic Power Corporation

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.

Insider Buying and Selling by Quarter for Atlantic Power Corporation (NYSE:AT)

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