Polaris Renewable Energy Inc.

TSX:PIF Stock Report

Market Cap: CA$273.7m

Polaris Renewable Energy Ownership

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

Recent Insider Transactions

TSX:PIF Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
20 Nov 24BuyCA$73,080Adarsh MehtaIndividual6,000CA$12.18
15 Nov 24BuyCA$24,920Marc MurnaghanIndividual2,000CA$12.46
14 Nov 24BuyCA$73,910Adarsh MehtaIndividual6,000CA$12.35
06 Nov 24BuyCA$518,414Marc MurnaghanIndividual41,500CA$12.49
05 Nov 24SellCA$496,060Marc MurnaghanIndividual40,000CA$12.40
14 Aug 24BuyCA$78,738Adarsh MehtaIndividual6,600CA$11.95
12 Aug 24BuyCA$35,599Marc MurnaghanIndividual3,000CA$11.87
18 Mar 24BuyCA$22,390Marc MurnaghanIndividual2,000CA$11.20
05 Mar 24BuyCA$84,014Adarsh MehtaIndividual7,200CA$12.15
28 Dec 23BuyCA$20,032Anthony JelicIndividual1,510CA$13.27

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of PIF?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders649,2743.08%
Institutions4,782,25022.7%
General Public15,623,45374.2%

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

Top Shareholders

Top 25 shareholders own 25.81% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
9.89%
BMO Asset Management Corp.
2,081,689CA$27.1m2.81%0.01%
4.03%
Dimensional Fund Advisors LP
848,124CA$11.0m1.51%no data
2.36%
Marc Murnaghan
497,464CA$6.5m0.71%no data
2.01%
Erste Asset Management GmbH
422,610CA$5.5m0%0.03%
1.7%
Mackenzie Financial Corporation
358,753CA$4.7m92.3%no data
1.34%
PenderFund Capital Management Ltd.
281,913CA$3.7m0%0.75%
0.69%
KBC Asset Management NV
145,648CA$1.9m0%no data
0.62%
Adarsh Mehta
131,100CA$1.7m10.1%no data
0.59%
Kayne Anderson Capital Advisors, L.P.
123,485CA$1.6m-5.58%0.02%
0.38%
Canada Life Investment Management Ltd.
79,950CA$1.0m59.1%0.03%
0.36%
Premier Fund Managers Ltd.
74,881CA$973.5k0%0.01%
0.34%
North Growth Management Ltd.
72,000CA$936.0k0%0.11%
0.3%
IG Investment Management, Ltd.
62,880CA$817.4k-53.5%no data
0.27%
Jarislowsky, Fraser Limited
57,840CA$751.9k0%no data
0.22%
AGF Management Limited
47,104CA$612.4k0%no data
0.13%
State Street Global Advisors, Inc.
27,353CA$355.6k-1%no data
0.13%
Hillsdale Investment Management Inc.
27,085CA$352.1k0%0.01%
0.11%
Manulife Asset Management
22,800CA$296.4k0%no data
0.071%
GoodWood Inc.
14,900CA$193.7k0%3.2%
0.062%
BlackRock, Inc.
13,144CA$170.9k2.78%no data
0.061%
Embark Student Corp.
12,800CA$166.4k0%no data
0.05%
Jaime Guillen
10,427CA$135.5k0%no data
0.038%
American Century Investment Management Inc
8,076CA$105.0k-1.58%no data
0.028%
CI Global Asset Management
5,935CA$77.2k0%no data
0.028%
Thematica SA
5,857CA$76.1k0%0.15%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 07:22
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

Polaris Renewable Energy Inc. is covered by 12 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kirk WilsonBeacon Securities Limited
Ahmad ShaathBeacon Securities Limited
David GalisonCanaccord Genuity