Innergex Renewable Energy Inc.

TSX:INE Stock Report

Market Cap: CA$1.7b

Innergex Renewable Energy Ownership

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

Recent Insider Transactions

TSX:INE Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
20 Jun 24BuyCA$112,750Patrick LoulouIndividual11,000CA$10.25
25 Mar 24BuyCA$31,175Michel LetellierIndividual4,000CA$7.80
20 Mar 24BuyCA$32,063Michel LetellierIndividual4,000CA$8.02
19 Mar 24BuyCA$7,977M. Daniel LafranceIndividual1,000CA$7.98
13 Mar 24BuyCA$41,750M. Daniel LafranceIndividual5,000CA$8.35
28 Feb 24BuyCA$25,409Richard GagnonIndividual3,125CA$8.13
26 Feb 24BuyCA$99,840Jean TrudelIndividual13,000CA$7.68
23 Feb 24BuyCA$107,596Michel LetellierIndividual14,000CA$7.75
23 Feb 24BuyCA$307,600Marc-Andre AubeIndividual40,000CA$7.69

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 INE?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders1,585,2230.78%
Private Companies40,465,87319.9%
Institutions63,885,63531.4%
General Public97,211,60347.9%

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

Top Shareholders

Top 25 shareholders own 48.39% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
19.9%
Hydro-Québec
40,465,873CA$334.2m0%no data
6.56%
Caisse de dépôt et placement du Québec
13,332,749CA$110.1m0%0.07%
3.21%
The Vanguard Group, Inc.
6,523,250CA$53.9m0.35%no data
2.82%
BlackRock, Inc.
5,722,667CA$47.3m-4.98%no data
2.46%
RobecoSAM AG
5,000,000CA$41.3m0%0.33%
2.17%
Janus Henderson Group plc
4,401,179CA$36.4m-0.34%0.01%
2.04%
BMO Asset Management Corp.
4,152,313CA$34.3m14.2%0.01%
1.31%
Mackenzie Financial Corporation
2,669,877CA$22.1m0.16%0.02%
1.15%
Gravis Advisory Limited
2,341,500CA$19.3m0%1.12%
1.05%
Dimensional Fund Advisors LP
2,139,052CA$17.7m3.76%no data
0.78%
RWC Partners Limited
1,588,895CA$13.1m0%0.12%
0.69%
Northwest & Ethical Investments L.P.
1,397,630CA$11.5m0%0.18%
0.54%
Accrued Equities Inc.
1,100,000CA$9.1m0%2.6%
0.51%
Michel Letellier
1,038,365CA$8.6m0%no data
0.48%
Picton Mahoney Asset Management
969,443CA$8.0m0%0.16%
0.42%
TD Asset Management, Inc.
843,203CA$7.0m0%no data
0.27%
Universal Investment GmbH
550,000CA$4.5m0%0.04%
0.27%
State Street Global Advisors, Inc.
547,405CA$4.5m1.54%no data
0.27%
FMR LLC
546,087CA$4.5m0%no data
0.27%
Raiffeisen Kapitalanlage-Gesellschaft m.b.H.
541,000CA$4.5m0%0.03%
0.26%
RBC Global Asset Management Inc.
523,058CA$4.3m0%no data
0.26%
Charles Schwab Investment Management, Inc.
520,006CA$4.3m2.68%no data
0.23%
UBS Asset Management AG
472,608CA$3.9m0.71%no data
0.23%
KBC Asset Management NV
457,374CA$3.8m0%no data
0.22%
First Trust Advisors LP
453,101CA$3.7m-7.48%no data

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:16
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

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

Innergex Renewable Energy Inc. is covered by 22 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark WestbyATB Capital Markets
Benjamin PhamBMO Capital Markets Equity Research
David GalisonCanaccord Genuity