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Algonquin Power & Utilities Corp T.AQN

Alternate Symbol(s):  T.AQN.P.A | T.AQN.P.D | AGQPF | AQN

Algonquin Power & Utilities Corp. is a Canada-based diversified international generation, transmission, and distribution company. The Company through its two business groups, the Regulated Services Group, and the Renewable Energy Group, provides sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. The Company is engaged in renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities. The Company owns, operates, and/or has net interests in over four gigawatts (GW) of installed renewable energy capacity. The Company is focused on its expanding global pipeline of renewable energy and electric transmission development projects, organic growth within its rate-regulated generation, distribution and transmission businesses, and the pursuit of accretive acquisitions.


TSX:AQN - Post by User

Comment by Vega1357on Sep 28, 2020 8:29am
113 Views
Post# 31627970

RE:Insider selling

RE:Insider selling
Vega1357 wrote: This AQN insider sold more than half his stock. Perhaps he thinks it's getting a bit pricey, especially in light of the company's earnings. This is a real red flag. 


Algonquin Power & Utilities Corp (TSE:AQN) Senior Officer Christopher Kenneth Jarratt sold 250,000 shares of Algonquin Power & Utilities stock in a transaction dated Friday, September 25th. The shares were sold at an average price of C$18.79, for a total value of C$4,698,100.00. Following the completion of the transaction, the insider now directly owns 209,402 shares of the company's stock, valued at C$3,935,166.14.


BTW, Jarratt is the founder of AQN. In the meanwhile, there hasn't been any insider selling of ALA stock since October 2019. However there's been lots of insider buying since then. Hmmm.

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