Atlantic Power Corp (AT) Files Form 4 Insider Buying : Joseph Cofelice Buys 10,000 Shares

Atlantic Power Corp (AT): Joseph Cofelice , EVP Commercial Development of Atlantic Power Corp purchased 10,000 shares on May 11, 2016. The Insider buying transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were purchased at $2.32 per share for a total value of $23,200.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 29, 2016, Joseph Cofelice (EVP Commercial Development) purchased 38,070 shares at $2.36 per share price.On Mar 18, 2016, Gilbert Samuel Palter (director) purchased 35,700 shares at $2.07 per share price.Also, On Mar 18, 2016, Kevin Howell (director) purchased 60,000 shares at $2.10 per share price.On Jan 4, 2016, James J Jr Moore (CEO) purchased 100,000 shares at $1.79 per share price.

Atlantic Power Corp: On Tuesday, May 10, 2016 heightened volatility was witnessed in Atlantic Power Corp which led to swings in the share price. The shares opened for trading at $2.27 and hit $2.38 on the upside , eventually ending the session at $2.32, with a gain of 1.31% or 0.03 points. The heightened volatility saw the trading volume jump to 7,17,248 shares. The 52-week high of the share price is $3.32 and the company has a market cap of $283 M . The 52-week low of the share price is at $1.57.

Atlantic Power Corp Money Flow Index Chart

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 primarily under long-term power purchase agreements (PPAs). Atlantic Power operates through four segments: East West Wind and Un-allocated Corporate. The East segment includes the Company’s projects in the eastern United States. The West Segment includes its power generation operations in the western United States. The Wind segment involved Atlantic Power’s wind power generation operations. The Un-allocated Corporate segment includes activities that support the Company’s executive and administrative offices capital structure costs of being a public registrant costs to develop projects and intercompany eliminations. Atlantic Power’s power generation projects have an aggregate gross electric generation capacity of approximately 2945 megawatts.

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