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Allete Inc (ALE) Chairman & CEO Alan R Hodnik Sold $510,540 of Shares

Chairman & CEO of Allete Inc (30-Year Financial, Insider Trades) Alan R Hodnik (insider trades) sold 6,000 shares of ALE on 08/07/2019 at an average price of $85.09 a share. The total sale was $510,540.

ALLETE Inc is engaged in the genration, transmission and distribution of electric power in the United States. ALLETE Inc has a market cap of $4.47 billion; its shares were traded at around $86.57 with a P/E ratio of 23.03 and P/S ratio of 2.98. The dividend yield of ALLETE Inc stocks is 2.65%. 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 08/07/2019 at the average price of $85.09. The price of the stock has increased by 1.74% since.

For the complete insider trading history of ALE, click here

.This article first appeared on GuruFocus.