Algoma Steel Group Inc.

TSX:ASTL Stock Report

Market Cap: CA$1.5b

Algoma Steel Group Ownership

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

Recent Insider Transactions

TSX:ASTL Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
19 Sep 24SellCA$925,647David SgroIndividual91,376CA$10.24
13 Sep 24SellCA$2,783,537Michael McQuadeIndividual201,792CA$13.93
25 Jul 24BuyCA$6,018,011Zekelman Industries, Inc.Company500,000CA$12.20
27 Mar 24BuyCA$296,929Eric RosenfeldIndividual26,592CA$11.46
25 Mar 24SellCA$293,786Eric RosenfeldIndividual26,592CA$11.05

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of ASTL?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders2,674,2052.56%
Private Companies5,229,9885.01%
Hedge Funds13,089,41912.5%
General Public17,341,42916.6%
Institutions66,088,03163.3%

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

Top Shareholders

Top 25 shareholders own 69.26% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
7.72%
Donald Smith & Co., Inc.
8,062,867CA$113.7m-8.87%1.85%
6.7%
MM Asset Management Inc
6,997,328CA$98.6m-14.5%6.48%
5.83%
Maple Rock Capital Partners Inc.
6,092,091CA$85.9m0%3.37%
5.01%
Zekelman Industries, Inc.
5,229,988CA$73.7m0%no data
4.88%
BlackRock, Inc.
5,091,510CA$71.8m177%no data
3.73%
Millennium Management LLC
3,893,995CA$54.9m3.99%0.03%
3.48%
Thomist Capital Management, LP
3,635,111CA$51.2m-27%13.38%
3.47%
Contrarian Capital Management LLC
3,623,198CA$51.1m-5.22%10.48%
3.37%
FMR LLC
3,519,803CA$49.6m0%no data
3.1%
Invesco Ltd.
3,236,057CA$45.6m15.2%0.01%
2.39%
GoldenTree Asset Management LP
2,493,548CA$35.2m0%1.75%
2.07%
Scheer, Rowlett & Associates Investment Management Ltd.
2,157,313CA$30.4m-1.1%1.49%
1.99%
Eric Rosenfeld
2,079,086CA$29.3m0%no data
1.87%
Towle & Co
1,948,661CA$27.5m-2.92%2.63%
1.81%
TCW Group, Inc.
1,890,235CA$26.6m-7.11%0.14%
1.71%
Woodline Partners LP
1,786,922CA$25.2m0%0.15%
1.4%
Aegis Financial Corporation
1,459,903CA$20.6m0%4.18%
1.37%
Bain Capital Credit, LP
1,432,368CA$20.2m0%2.07%
1.33%
Littlejohn & Co., LLC
1,385,409CA$19.5m3.07%5.91%
1.24%
Intact Investment Management Inc.
1,298,600CA$18.3m6.63%0.42%
1.16%
J. Goldman & Co., L.P.
1,208,573CA$17.0m12.1%0.47%
0.95%
Alan W. Weber
992,177CA$14.0m0%1.69%
0.95%
Solas Capital Management, LLC
990,646CA$14.0m-41.9%4.71%
0.89%
Bracebridge Capital, LLC
924,931CA$13.0m89.6%2.57%
0.86%
Yaupon Capital Management LP
895,906CA$12.6m0%0.56%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 02:37
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

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 .

Analyst Sources

Algoma Steel Group Inc. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David GaglianoBMO Capital Markets Equity Research
Alexander Robert PearceBMO Capital Markets Equity Research
David OcampoCormark Securities Inc.