Insider Buying: Altus Midstream (NYSE:ALTM) CEO Purchases $43,800.00 in Stock

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Altus Midstream (NYSE:ALTM) CEO D. Clay Bretches purchased 20,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The stock was purchased at an average price of $2.19 per share, for a total transaction of $43,800.00.

D. Clay Bretches also recently made the following trade(s):

  • On Monday, August 26th, D. Clay Bretches purchased 20,000 shares of Altus Midstream stock. The stock was purchased at an average price of $2.36 per share, for a total transaction of $47,200.00.
  • On Wednesday, August 14th, D. Clay Bretches purchased 25,000 shares of Altus Midstream stock. The stock was purchased at an average price of $2.58 per share, for a total transaction of $64,500.00.

ALTM stock opened at $2.10 on Friday. Altus Midstream has a 1 year low of $2.10 and a 1 year high of $10.48. The stock’s fifty day moving average price is $2.48 and its 200-day moving average price is $3.48.

A number of equities analysts have recently issued reports on the company. Barclays restated a “hold” rating and issued a $3.00 price target on shares of Altus Midstream in a research note on Wednesday, October 16th. Zacks Investment Research downgraded Altus Midstream from a “hold” rating to a “sell” rating in a research note on Wednesday, August 21st. Citigroup dropped their price target on Altus Midstream from $5.50 to $3.50 and set a “neutral” rating on the stock in a research note on Monday, September 30th. Finally, Credit Suisse Group downgraded Altus Midstream from an “outperform” rating to a “neutral” rating in a research note on Thursday, October 31st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $6.06.

Several hedge funds have recently added to or reduced their stakes in the company. Albert D Mason Inc. boosted its stake in shares of Altus Midstream by 19.5% in the 3rd quarter. Albert D Mason Inc. now owns 55,305 shares of the company’s stock worth $157,000 after buying an additional 9,030 shares during the last quarter. HighTower Trust Services LTA purchased a new position in shares of Altus Midstream in the 3rd quarter worth $495,000. Wiley BROS. Aintree Capital LLC purchased a new position in shares of Altus Midstream in the 3rd quarter worth $28,000. Walleye Trading Advisors LLC purchased a new position in shares of Altus Midstream in the 2nd quarter worth $77,000. Finally, Walleye Trading LLC purchased a new position in shares of Altus Midstream in the 2nd quarter worth $77,000.

Altus Midstream Company Profile

There is no company description available for Altus Midstream Co

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Insider Buying and Selling by Quarter for Altus Midstream (NYSE:ALTM)

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