Converge Technology Solutions Corp.

TSX:CTS Stock Report

Market Cap: CA$631.3m

Converge Technology Solutions Ownership

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

Recent Insider Transactions

TSX:CTS Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
03 Sep 24BuyCA$44,684Greg BerardIndividual10,105CA$4.42
03 Sep 24BuyCA$25,373John TeltschIndividual5,738CA$4.42
29 Aug 24BuyCA$24,179Avjitpal KambojIndividual5,230CA$4.62
29 Aug 24BuyCA$9,491Cory ReidIndividual2,053CA$4.62
16 Aug 24BuyCA$16,856Shaun MaineIndividual3,958CA$4.26
24 Jun 24SellCA$134,946Avjitpal KambojIndividual30,600CA$4.41
20 Jun 24SellCA$230,500Avjitpal KambojIndividual50,000CA$4.62
04 Jun 24BuyCA$38,362Greg BerardIndividual8,197CA$4.68
04 Jun 24BuyCA$15,678John TeltschIndividual3,350CA$4.68
03 Jun 24BuyCA$10,972Shaun MaineIndividual2,295CA$4.78
31 May 24BuyCA$21,791Avjitpal KambojIndividual4,607CA$4.73
31 May 24BuyCA$6,617Cory ReidIndividual1,399CA$4.73
22 Mar 24BuyCA$13,219Cory ReidIndividual2,315CA$5.71
22 Mar 24BuyCA$8,598Toni RinowIndividual1,500CA$5.82
21 Mar 24BuyCA$28,402Avjitpal KambojIndividual4,880CA$5.82
20 Mar 24BuyCA$50,895Greg BerardIndividual8,775CA$5.80
20 Mar 24BuyCA$27,196John TeltschIndividual4,689CA$5.80
13 Mar 24BuyCA$33,630Shaun MaineIndividual5,700CA$5.90

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 CTS?
Owner TypeNumber of SharesOwnership Percentage
Private Companies2,0000.00104%
Individual Insiders3,503,0431.81%
Institutions65,306,89033.8%
General Public124,254,45164.4%

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

Top Shareholders

Top 25 shareholders own 33.61% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
14.8%
Mawer Investment Management Ltd.
28,511,281CA$93.2m0%0.15%
4.19%
Invesco Ltd.
8,080,600CA$26.4m0%no data
2.43%
Slater Investments Limited
4,700,177CA$15.4m0%0.9%
1.45%
Mackenzie Financial Corporation
2,794,053CA$9.1m-0.12%0.01%
1.24%
Rbc Indigo Asset Management Inc
2,396,171CA$7.8m0%0.13%
1.06%
Dimensional Fund Advisors LP
2,049,660CA$6.7m2.65%no data
0.83%
BlackRock, Inc.
1,604,892CA$5.2m6.23%no data
0.72%
PEH Wertpapier AG
1,394,500CA$4.6m0%0.22%
0.72%
AGF Management Limited
1,392,220CA$4.6m0%0.01%
0.69%
Gesiuris, SA
1,324,111CA$4.3m0%1.07%
0.67%
Thomas Volk
1,290,000CA$4.2m0%no data
0.49%
ATB Investment Management Inc.
938,820CA$3.1m0%0.04%
0.49%
Invenomic Capital Management LP
937,872CA$3.1m28.7%0.29%
0.48%
Teachers Insurance and Annuity Association-College Retirement Equities Fund
929,746CA$3.0m-37.2%no data
0.42%
Hillsdale Investment Management Inc.
814,334CA$2.7m0%0.09%
0.42%
Don Cuthbertson
812,770CA$2.7m0%no data
0.36%
Jarislowsky, Fraser Limited
699,932CA$2.3m0%0.01%
0.36%
Manulife Asset Management
687,395CA$2.2m0%no data
0.35%
Franklin Resources, Inc.
671,515CA$2.2m0%no data
0.31%
Pegasos Capital GmbH
589,860CA$1.9m0%1.2%
0.29%
Grandeur Peak Global Advisors, LLC
558,781CA$1.8m0%0.03%
0.28%
State Street Global Advisors, Inc.
549,183CA$1.8m1.06%no data
0.26%
Matco Financial, Inc.
500,000CA$1.6m0%0.57%
0.19%
Purpose Investments Inc.
362,471CA$1.2m0%0.04%
0.15%
Cory Reid
297,188CA$971.8k0.63%no data

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 22:50
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

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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

Converge Technology Solutions Corp. is covered by 19 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin MayBerenberg
Deepak KaushalBMO Capital Markets Equity Research
Robert YoungCanaccord Genuity