{"id":5397,"date":"2024-05-27T18:00:27","date_gmt":"2024-05-27T13:00:27","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=5397"},"modified":"2024-05-27T18:00:30","modified_gmt":"2024-05-27T13:00:30","slug":"altn-reports-insider-transaction-worth-rs-40m","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/altn-reports-insider-transaction-worth-rs-40m\/","title":{"rendered":"ALTN reports insider transaction worth Rs 40m"},"content":{"rendered":"\n<p>In a notification sent to the PSX on 27\/05\/2024, <a href=\"https:\/\/ksestocks.com\/blog\/tag\/altn\/\" target=\"_blank\" rel=\"noopener\" title=\"ALTN\">Altern Energy Limited (ALTN)<\/a> reported a transaction by the non-executive director.<\/p>\n\n\n\n<p>The transaction was carried out by Mr. Shah Muhammad Ch., who is a non-executive director.<\/p>\n\n\n\n<p>He sold a total of <strong>155,000 shares<\/strong> of the company at a price of <strong>Rs. 25.95 per share<\/strong>. The total amount for this transaction stands at <strong>Rs. 4,023,350<\/strong>.<\/p>\n\n\n\n<p>An insider buying stock in a company is often interpreted as a positive signal by investors. It suggests that those with intimate knowledge of the company\u2019s operations and prospects believe the stock is undervalued or poised for growth, leading to a positive impact on the stock price.<\/p>\n\n\n\n<p><a href=\"https:\/\/ksestocks.com\/blog\/tag\/altn\/\" target=\"_blank\" rel=\"noopener\" title=\"ALTN\">ALTN<\/a> shares were last trading at <strong>Rs. 23.70<\/strong> today.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n","protected":false},"excerpt":{"rendered":"<p>Altern Energy Limited (ALTN) reported a transaction by the non-executive director.<\/p>\n","protected":false},"author":11,"featured_media":5398,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[151],"tags":[32],"class_list":["post-5397","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insider-transactions","tag-altn"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/ALTN-Insider-Transaction-1140x445.png",1140,445,true],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/ALTN-Insider-Transaction-463x348.png",463,348,true],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/ALTN-Insider-Transaction-300x188.png",300,188,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/ALTN-Insider-Transaction.png",1920,1200,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/5397","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=5397"}],"version-history":[{"count":0,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/5397\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/5398"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=5397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=5397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=5397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}