Alvopetro Energy (CVE:ALV) Director Sells C$900,000.00 in Stock

Key Points

• Director Corey Christopher Ruttan sold roughly 250,000 shares across April 13–16 for about C$2.2 million (including a 100,000-share sale at C$9 for C$900,000), materially trimming his stake in Alvopetro.
• Several other insiders (including Alison Leanne Howard and John David Wright) also sold shares in mid‑April, creating a noticeable pattern of insider selling that could increase supply pressure and investor concern.
• The stock traded down to C$8.22 on elevated volume, with a market cap of about C$302 million, a PE of 13.48, and a 52‑week range of C$4.98–C$10.54, providing market context for the insider activity.

Alvopetro Energy Ltd. (CVE:ALV - Get Free Report) Director Corey Christopher Ruttan sold 100,000 shares of the business's stock in a transaction on Monday, April 13th. The shares were sold at an average price of C$9.00, for a total transaction of C$900,000.00. Following the completion of the sale, the director directly owned 980,808 shares of the company's stock, valued at approximately C$8,827,272. This trade represents a 9.25% decrease in their ownership of the stock.

Corey Christopher Ruttan also recently made the following trade(s):

• On Monday, April 13th, Corey Christopher Ruttan sold 50,000 shares of Alvopetro Energy stock. The shares were sold at an average price of C$9.02, for a total transaction of C$451,000.00.
• On Thursday, April 16th, Corey Christopher Ruttan sold 100,000 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.50, for a total transaction of C$850,000.00.

Alvopetro Energy Stock Performance

ALV traded down C$0.30 on Friday, reaching C$8.22. The company had a trading volume of 114,281 shares, compared to its average volume of 57,192. Alvopetro Energy Ltd. has a 1 year low of C$4.98 and a 1 year high of C$10.54. The stock has a market capitalization of C$301.94 million, a PE ratio of 13.48 and a beta of -0.61. The company has a quick ratio of 1.95, a current ratio of 1.86 and a debt-to-equity ratio of 28.34. The stock has a 50-day moving average price of C$8.58 and a 200-day moving average price of C$7.23.

Trending Headlines about Alvopetro Energy

Here are the key news stories impacting Alvopetro Energy this week:

• Negative Sentiment: Director Corey Christopher Ruttan executed large sales across April 13 and 16, totaling roughly 250,000 shares (proceeds ≈ C$2.20M), reducing his holding to ~880,808 shares (~C$7.49M). Significant director selling of this size can increase supply pressure and raise investor concern about near-term insider sentiment. MarketBeat Insider Filings
• Negative Sentiment: Insider Alison Leanne Howard sold a combined ~75,000 shares across April 15–16 for proceeds ≈ C$641k, trimming her stake to ~252,087 shares (~C$2.15M). Multiple consecutive insider sales at recent prices point to continued liquidity-taking by insiders. MarketBeat Insider Filings
• Negative Sentiment: Director John David Wright sold roughly 20.9k shares across April 15–16 for proceeds near C$179k, reducing reported holdings to ~782.8k shares. While smaller than Ruttan’s disposals, cumulative director sales add to the negative signal. MarketBeat Insider Filings
• Negative Sentiment: Insider Adrian Audet sold 200 shares on April 13 at C$9.14 (≈C$1,828), a very small trade that is immaterial by itself but part of the broader pattern of insider selling. MarketBeat Insider Filings

About Alvopetro Energy

Alvopetro Energy Ltd. operates as an independent upstream and midstream operator. It engages in the acquisition, exploration, development, and production of hydrocarbons. The company holds interests in the Caburé and Murucututu natural gas assets, Block 182 and 183 exploration assets, and Bom Lugar and Mãe-da-lua oil fields, which covers an area of approximately 22,166 acres in the Recôncavo basin onshore Brazil. Alvopetro Energy Ltd. was incorporated in 2013 and is headquartered in Calgary, Canada.

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