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 Jun 13, 2016. The Insider buying transaction was reported by the company on Jun 14, 2016 to the Securities and Exchange Commission. The shares were purchased at $2.29 per share for a total value of $22,900.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 18, 2016, Joseph Cofelice (EVP Commercial Development) purchased 10,000 shares at $2.30 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.

Shares of Atlantic Power Corp (AT) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -0.14 points or -5.69% at $2.32 with 3,93,785 shares getting traded. Post opening the session at $2.41, the shares hit an intraday low of $2.31 and an intraday high of $2.43 and the price vacillated in this range throughout the day. The company has a market cap of $283 M and the number of outstanding shares has been calculated to be 12,20,83,528 shares. The 52-week high of Atlantic Power Corp is $3.32 and the 52-week low is $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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