Telesat Ownership

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


Recent Insider Transactions

TSX:TSAT Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
26 Jun 25SellCA$78,049Glenn KatzIndividual2,477CA$31.52
26 Jun 25SellCA$435,592Glenn KatzIndividual13,649CA$32.06
26 Jun 25SellCA$174,589Glenn KatzIndividual5,402CA$33.15
26 Jun 25SellCA$220,755Glenn KatzIndividual6,472CA$34.80
20 Dec 24SellCA$16,263Michèle BeckIndividual650CA$25.02
20 Dec 24SellCA$310,542John FlahertyIndividual12,000CA$25.88
18 Dec 24SellCA$33,576Michèle BeckIndividual1,300CA$26.06
17 Dec 24SellCA$287,260John FlahertyIndividual11,500CA$25.02
12 Dec 24SellCA$119John FlahertyIndividual6CA$19.76
11 Dec 24SellCA$107,755David WendlingIndividual4,500CA$24.57
11 Dec 24SellCA$7,365Michèle BeckIndividual300CA$24.55
02 Dec 24SellCA$78Paul FirkinsIndividual4CA$19.57

Insider Trading Volume

Insider Buying: TSAT insiders have only sold shares in the past 3 months.


Ownership Breakdown

What is the ownership structure of TSAT?
Owner TypeNumber of SharesOwnership Percentage
General Public1,335,4329.04%
Hedge Funds1,765,51511.9%
Individual Insiders3,468,47023.5%
Institutions8,210,31755.6%

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


Top Shareholders

Top 25 shareholders own 85.12% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
17.5%
GAMCO Investors, Inc.
2,581,373CA$327.3m0.52%0.23%
11.1%
Heard Capital LLC
1,646,695CA$208.8m-7.43%1.95%
8.91%
Qwest Investment Fund Management Ltd.
1,317,000CA$167.0m60%33.57%
7.89%
Daniel Goldberg
1,166,177CA$147.9m4.78%no data
6.49%
Rubric Capital Management LP
959,764CA$121.7m0%0.38%
5.45%
Greywolf Capital Management LP
805,751CA$102.2m0%15.35%
4.51%
Philosophy Capital Management LLC
667,287CA$84.6m0%1.88%
3.68%
Highland Capital Management, L.P.
543,823CA$69.0m0%2.23%
3.52%
Daniel Lau
520,400CA$66.0m7.19%no data
3.42%
Christine Man
504,950CA$64.0m4.01%no data
1.58%
Michael Schwartz
233,875CA$29.7m12.4%no data
1.38%
Andrew Browne
203,758CA$25.8m-12.4%no data
1%
Gabelli & Company Investment Advisers, Inc.
148,122CA$18.8m-1.23%0.76%
0.94%
Caption Management, LLC
138,637CA$17.6m941%0.12%
0.9%
Christopher DiFrancesco
133,245CA$16.9m1.39%no data
0.85%
Vestcor Inc.
125,000CA$15.8m0%0.09%
0.81%
Glenn Katz
119,574CA$15.2m39%no data
0.76%
PCJ Investment Counsel Ltd.
112,800CA$14.3m0%0.87%
0.72%
David Wendling
106,110CA$13.5m11.5%no data
0.69%
Michael Boychuk
101,872CA$12.9m0%no data
0.69%
Michael Targoff
101,872CA$12.9m0%no data
0.68%
Dakota Wealth, LLC
100,818CA$12.8m0%0.05%
0.67%
Michèle Beck
99,204CA$12.6m19.3%no data
0.53%
John Flaherty
77,948CA$9.9m26%no data
0.44%
Connor, Clark & Lunn Investment Management Ltd.
65,053CA$8.2m35.8%0.01%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/16 01:50
End of Day Share Price 2025/07/16 00:00
Earnings2025/03/31
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

Telesat Corporation is covered by 2 analysts. 3 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 McFadgenCormark Securities Inc.
Christopher QuiltyQuilty Space Inc.