Altagas Ltd (ALA) Director David Wallace Cornhill Sells 4,000 Shares of Stock

Altagas Ltd (TSE:ALA) Director David Wallace Cornhill sold 4,000 shares of the company’s stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of C$29.01, for a total value of C$116,040.00.

David Wallace Cornhill also recently made the following trade(s):

  • On Monday, October 30th, David Wallace Cornhill sold 2,000 shares of Altagas stock. The stock was sold at an average price of C$29.20, for a total value of C$58,400.00.

Shares of Altagas Ltd (TSE:ALA) traded down C$0.21 during midday trading on Friday, hitting C$28.84. The company had a trading volume of 493,700 shares, compared to its average volume of 585,779. Altagas Ltd has a 1 year low of C$26.87 and a 1 year high of C$35.15.

Several research firms have recently issued reports on ALA. Scotiabank lowered their price objective on Altagas from C$36.00 to C$34.00 and set an “outperform” rating for the company in a research report on Friday, October 20th. CIBC lowered their price objective on Altagas from C$38.00 to C$35.00 in a research report on Friday, October 20th. BMO Capital Markets reaffirmed a “market perform” rating and set a C$32.00 price objective on shares of Altagas in a research report on Friday, October 20th. Raymond James Financial lowered their price objective on Altagas from C$32.00 to C$30.00 and set a “market perform” rating for the company in a research report on Monday, October 23rd. Finally, Beacon Securities reaffirmed a “buy” rating on shares of Altagas in a research report on Thursday, September 21st. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of C$33.75.

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About Altagas

AltaGas Ltd is a Canada-based energy infrastructure company. The Company operates through three segments: Gas, Power and Utilities. The Gas segment transacts approximately two billion cubic feet per day (Bcf/d) of natural gas and includes natural gas gathering and processing, natural gas liquids extraction and separation, transmission, storage and natural gas marketing, as well as its interest in Petrogas Energy Corp.

Insider Buying and Selling by Quarter for Altagas (TSE:ALA)

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