North American Construction Group Ltd.

TSX:NOA Stock Report

Market Cap: CA$540.1m

North American Construction Group Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

TSX:NOA Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
22 Sep 25BuyCA$56,033Martin FerronIndividual3,000CA$18.85
25 Aug 25BuyCA$36,509Martin FerronIndividual2,000CA$18.25
20 Aug 25BuyCA$44,529Joseph LambertIndividual2,467CA$18.05
20 Aug 25BuyCA$365,418Martin FerronIndividual21,264CA$17.30
19 Aug 25BuyCA$17,400John PolleselIndividual1,000CA$17.40
18 Aug 25BuyCA$17,270Thomas StanIndividual1,000CA$17.27
10 Jun 25SellCA$247,400Martin FerronIndividual10,000CA$24.74
04 Apr 25BuyCA$205,900Martin FerronIndividual10,000CA$20.59
04 Apr 25BuyCA$372,986Martin FerronIndividual18,000CA$20.72
03 Apr 25BuyCA$443,855Martin FerronIndividual20,000CA$22.27
01 Apr 25BuyCA$60,287Thomas StanIndividual2,650CA$22.75
28 Mar 25BuyCA$23,218John PolleselIndividual1,000CA$23.22
27 Mar 25BuyCA$92,919Martin FerronIndividual4,000CA$23.23
24 Mar 25BuyCA$93,276Martin FerronIndividual4,000CA$23.32
01 Jan 25SellCA$351,091Martin FerronIndividual11,209CA$31.60
24 Dec 24SellCA$610,163Martin FerronIndividual20,000CA$30.75

Insider Trading Volume

Insider Buying: NOA insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of NOA?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders3,229,60111%
General Public5,931,75320.2%
Institutions20,141,65768.7%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 71.16% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
9.23%
BMO Asset Management Corp.
2,704,392CA$49.8m20.5%0.01%
9.14%
Mawer Investment Management Ltd.
2,678,487CA$49.4m0%0.1%
7.77%
Martin Ferron
2,275,738CA$41.9m1.17%no data
6.97%
Claret Asset Management Corp
2,041,935CA$37.6m-1.08%3.34%
4.52%
National Bank Investments Inc.
1,324,603CA$24.4m-5.07%0.02%
4.45%
Cannell Capital LLC
1,303,978CA$24.0m-15.7%4.98%
4.03%
CIBC Asset Management Inc.
1,179,482CA$21.7m50.1%0.03%
3.41%
Bank of Montreal
999,958CA$18.4m0%46.7%
3.15%
Polar Asset Management Partners Inc.
921,721CA$17.0m-44.7%0.52%
2.87%
Aegis Financial Corporation
841,934CA$15.5m0%1.7%
1.59%
The Goldman Sachs Group, Inc.
466,950CA$8.6m-1.74%no data
1.55%
American Century Investment Management Inc
455,613CA$8.4m36.3%no data
1.41%
CI Global Asset Management
413,291CA$7.6m-0.02%0.01%
1.38%
Joseph Lambert
405,012CA$7.5m9.92%no data
1.19%
Connor, Clark & Lunn Investment Management Ltd.
350,100CA$6.5m-17.6%0.01%
1.03%
NewGen Asset Management Limited
302,908CA$5.6m0%0.94%
1.01%
Renaissance Technologies LLC
296,400CA$5.5m-5.87%0.01%
0.98%
The Toronto-Dominion Bank
288,151CA$5.3m0.4%no data
0.98%
Rbc Indigo Asset Management Inc
285,801CA$5.3m0%0.19%
0.94%
Timelo Investment Management Inc.
275,456CA$5.1m1,680%5.82%
0.88%
K.J. Harrison & Partners Inc.
258,142CA$4.8m-0.58%0.52%
0.86%
Barry Palmer
250,981CA$4.6m5%no data
0.77%
ClearBridge Investments, LLC
225,004CA$4.1m163%no data
0.52%
Dimensional Fund Advisors LP
152,517CA$2.8m-7.47%no data
0.52%
Orchard Capital Management, LLC
152,138CA$2.8m3.06%3.07%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/19 03:13
End of Day Share Price 2025/11/18 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

North American Construction Group Ltd. is covered by 14 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tim MonachelloATB Capital Markets
John GibsonBMO Capital Markets Equity Research
Yuri LynkCanaccord Genuity