Hedge Funds Aren’t Crazy About ALLETE Inc (ALE) Anymore

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Company Name # of Hedge Funds # of Insiders Buying # of Insiders Selling
MGE Energy, Inc. (NASDAQ:MGEE) 6 2 0
Vectren Corporation (NYSE:VVC) 9 0 0
NorthWestern Corp (NYSE:NWE) 9 1 0
Avista Corp (NYSE:AVA) 10 0 5
PNM Resources, Inc. (NYSE:PNM) 13 0 6

With the results exhibited by the aforementioned research, everyday investors must always monitor hedge fund and insider trading sentiment, and ALLETE Inc (NYSE:ALE) shareholders fit into this picture quite nicely.

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