Insider Selling: Alvopetro Energy (CVE:ALV) Director Sells 2,000 Shares of Stock

Key Points

• Multiple directors executed substantial insider selling April 13–16: John David Wright sold roughly 20,900 shares for about C$179k (including 2,000 on Apr 16), Corey Ruttan sold ~250,000 shares (~C$2.2M), and Alison Howard sold ~75,000 shares (~C$641k), reducing their reported holdings.
• Alvopetro stock dipped to C$8.22 on above‑average volume (114,281 vs. avg. 57,192); the 50‑day SMA is C$8.58, 200‑day SMA C$7.23, with a market cap of C$301.9M and a P/E of 13.48 amid the concentrated insider sales.

Alvopetro Energy Ltd. (CVE:ALV - Get Free Report) Director John David Wright sold 2,000 shares of the firm's stock in a transaction on Thursday, April 16th. The shares were sold at an average price of C$8.53, for a total transaction of C$17,060.00. Following the completion of the transaction, the director directly owned 782,873 shares of the company's stock, valued at C$6,677,906.69. This represents a 0.25% decrease in their ownership of the stock.

John David Wright also recently made the following trade(s):

• On Wednesday, April 15th, John David Wright sold 8,500 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.54, for a total value of C$72,590.00.
• On Wednesday, April 15th, John David Wright sold 10,000 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.58, for a total value of C$85,800.00.
• On Thursday, April 16th, John David Wright sold 100 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.55, for a total value of C$855.00.
• On Thursday, April 16th, John David Wright sold 300 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.55, for a total value of C$2,565.00.

Alvopetro Energy Stock Performance

Alvopetro Energy stock traded down C$0.30 during mid-day trading on Friday, hitting C$8.22. 114,281 shares of the company's stock traded hands, compared to its average volume of 57,192. The firm has a 50 day simple moving average of C$8.58 and a two-hundred day simple moving average of C$7.23. Alvopetro Energy Ltd. has a fifty-two week low of C$4.98 and a fifty-two week high of C$10.54. The stock has a market cap of C$301.94 million, a price-to-earnings ratio of 13.48 and a beta of -0.61. The company has a debt-to-equity ratio of 28.34, a current ratio of 1.86 and a quick ratio of 1.95.

More Alvopetro Energy News

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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