Atlantic Power Corp. (NYSE:AT) (TSE:ATP) Director Irving Russell Gerstein bought 7,900 shares of the stock in a transaction that occurred on Friday, November 11th. The stock was acquired at an average cost of $2.37 per share, for a total transaction of $18,723.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of Atlantic Power Corp. (NYSE:AT) remained flat at $2.50 during trading on Thursday. 63,857 shares of the company were exchanged. The firm has a 50-day moving average price of $2.38 and a 200 day moving average price of $2.45. The company’s market cap is $289.09 million. Atlantic Power Corp. has a one year low of $1.57 and a one year high of $2.75.

Atlantic Power Corp. (NYSE:AT) last issued its earnings results on Monday, November 7th. The company reported ($0.69) EPS for the quarter, missing the consensus estimate of ($0.08) by $0.61. The firm earned $101.20 million during the quarter, compared to analyst estimates of $107.50 million. Atlantic Power Corp. had a negative net margin of 49.03% and a negative return on equity of 16.44%. During the same quarter in the previous year, the firm posted ($0.05) earnings per share. On average, analysts expect that Atlantic Power Corp. will post ($0.33) EPS for the current fiscal year.

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

Large investors have recently made changes to their positions in the stock. Two Sigma Advisers LP raised its stake in Atlantic Power Corp. by 31.1% in the third quarter. Two Sigma Advisers LP now owns 40,501 shares of the company’s stock worth $100,000 after buying an additional 9,601 shares during the last quarter. BlackRock Advisors LLC raised its stake in Atlantic Power Corp. by 22.5% in the third quarter. BlackRock Advisors LLC now owns 45,364 shares of the company’s stock worth $112,000 after buying an additional 8,334 shares during the last quarter. KCG Holdings Inc. raised its stake in Atlantic Power Corp. by 70.7% in the third quarter. KCG Holdings Inc. now owns 48,924 shares of the company’s stock worth $121,000 after buying an additional 20,264 shares during the last quarter. Peak Asset Management LLC raised its stake in Atlantic Power Corp. by 13.9% in the second quarter. Peak Asset Management LLC now owns 65,400 shares of the company’s stock worth $162,000 after buying an additional 8,000 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC raised its stake in Atlantic Power Corp. by 11.8% in the second quarter. O Shaughnessy Asset Management LLC now owns 87,218 shares of the company’s stock worth $216,000 after buying an additional 9,200 shares during the last quarter. 45.27% of the stock is currently owned by institutional investors.

Several brokerages have weighed in on AT. TD Securities reaffirmed a “hold” rating and set a $2.75 price objective on shares of Atlantic Power Corp. in a research note on Thursday, November 10th. National Bank Financial raised shares of Atlantic Power Corp. from an “underperform market weight” rating to a “sector perform market weight” rating in a research note on Tuesday, November 8th. Finally, RBC Capital Markets reissued a “sector perform” rating on shares of Atlantic Power Corp. in a research note on Tuesday, November 8th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Atlantic Power Corp. has a consensus rating of “Hold” and an average price target of $2.67.

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 primarily under long-term power purchase agreements (PPAs). Atlantic Power operates through four segments: East U.S., West U.S., Canada and Un-Allocated Corporate.

5 Day Chart for NYSE:AT

Receive News & Stock Ratings for Atlantic Power Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlantic Power Corp. and related stocks with our FREE daily email newsletter.