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Allete Inc (ALE) Chairman & CEO Alan R Hodnik Sold $521,880 of Shares

Chairman & CEO of Allete Inc (30-Year Financial, Insider Trades) Alan R Hodnik (insider trades) sold 6,000 shares of ALE on 09/12/2019 at an average price of $86.98 a share. The total sale was $521,880.

ALLETE Inc is engaged in the genration, transmission and distribution of electric power in the United States. ALLETE Inc has a market cap of $4.5 billion; its shares were traded at around $87.17 with a P/E ratio of 22.91 and P/S ratio of 3.13. The dividend yield of ALLETE Inc stocks is 2.64%. ALLETE Inc had annual average EBITDA growth of 3.20% over the past ten years. GuruFocus has detected 2 severe warning signs with ALLETE Inc. .

CEO Recent Trades:

  • Chairman & CEO Alan R Hodnik sold 6,000 shares of ALE stock on 09/12/2019 at the average price of $86.98. The price of the stock has increased by 0.22% since.

For the complete insider trading history of ALE, click here

.This article first appeared on GuruFocus.