Northland Power Inc. (TSE:NPI) Insider Dino Gliosca Sells 51,600 Shares

Northland Power Inc. (TSE:NPI) insider Dino Gliosca sold 51,600 shares of the stock in a transaction that occurred on Friday, November 24th. The shares were sold at an average price of C$24.00, for a total transaction of C$1,238,400.00.

Dino Gliosca also recently made the following trade(s):

  • On Monday, November 27th, Dino Gliosca sold 10,900 shares of Northland Power stock. The shares were sold at an average price of C$24.03, for a total transaction of C$261,927.00.

Shares of Northland Power Inc. (TSE:NPI) traded down C$0.08 during midday trading on Wednesday, hitting C$23.73. 222,047 shares of the stock were exchanged, compared to its average volume of 254,602. Northland Power Inc. has a 52-week low of C$21.78 and a 52-week high of C$25.04.

Several equities analysts have recently issued reports on NPI shares. BMO Capital Markets lifted their target price on shares of Northland Power from C$24.00 to C$24.50 in a research note on Friday, September 8th. TD Securities lifted their target price on shares of Northland Power from C$27.00 to C$28.00 and gave the stock an “action list buy” rating in a research note on Friday, November 10th. Finally, Royal Bank Of Canada lifted their target price on shares of Northland Power from C$22.00 to C$23.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 23rd.

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About Northland Power

Northland Power Inc (Northland) is an independent power producer. The Company develops, finances, builds, owns and operates facilities in Canada and internationally that produce clean and green energy using natural gas, biomass, wind and solar technology. Northland segments include thermal; renewable; managed, which includes management and operations services for Kirkland Lake, Cochrane and Canadian Environmental Energy Corporation (CEEC); offshore wind, including Gemini and Nordsee, and other, which includes investment income and administration of Northland.

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