Altus Power, Inc. (NYSE:AMPS) CEO Lars Norell Sells 40,000 Shares

From MarketBeat:

Altus Power, Inc. (NYSE:AMPS) CEO Lars Norell sold 40,000 shares of the company’s stock at an average price of $6.81, totaling $272,400. The stock traded down $0.19 during midday trading, reaching $6.29. The company reported $0.03 EPS for the quarter, with revenue of $45.08 million. The stock has a consensus “Buy” rating.

Institutional investors have added to or reduced their stakes in Altus Power. 45.92% of the stock is owned by hedge funds and other institutional investors.

A number of research analysts have issued reports on AMPS shares, with a consensus “Buy” rating and an average price target of $9.00.

Altus Power, Inc is a clean electrification company that develops, owns, constructs, and operates solar energy generation and storage systems for various customers. The company was founded in 2013 and is headquartered in Stamford, Connecticut.



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