Polaris Renewable Energy Inc.

TSX:PIF Stock Report

Market Cap: CA$291.2m

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
11 Aug 25SellCA$17,004Marc MurnaghanIndividual1,371CA$12.40
12 Jun 25BuyCA$137,022Marc MurnaghanIndividual11,500CA$11.98
22 May 25BuyCA$46,661Adarsh MehtaIndividual4,000CA$11.89
03 Apr 25BuyCA$45,270Adarsh MehtaIndividual3,900CA$11.62
31 Mar 25BuyCA$47,251Adarsh MehtaIndividual4,000CA$11.87
11 Mar 25BuyCA$13,250Adarsh MehtaIndividual1,100CA$12.05
31 Dec 24BuyCA$334,567Marc MurnaghanIndividual25,000CA$13.38
30 Dec 24SellCA$326,250Marc MurnaghanIndividual25,000CA$13.05
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

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of PIF?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders674,7943.21%
Institutions4,769,84022.7%
General Public15,562,79974.1%

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

Top Shareholders

Top 23 shareholders own 25.98% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
9.91%
BMO Asset Management Corp.
2,081,689CA$28.9m0%0.01%
3.91%
Dimensional Fund Advisors LP
820,476CA$11.4m1.78%no data
2.44%
Marc Murnaghan
511,912CA$7.1m0.21%no data
1.98%
Erste Asset Management GmbH
416,963CA$5.8m0%0.02%
1.87%
Mackenzie Financial Corporation
391,876CA$5.4m0%no data
1.31%
IG Investment Management, Ltd.
275,880CA$3.8m0%0.01%
0.87%
PenderFund Capital Management Ltd.
182,513CA$2.5m0%0.39%
0.76%
Canada Life Investment Management Ltd.
158,872CA$2.2m0%0.06%
0.69%
Adarsh Mehta
144,100CA$2.0m0%no data
0.6%
KBC Asset Management NV
126,078CA$1.7m0%no data
0.36%
Premier Fund Managers Ltd.
74,881CA$1.0m0%0.01%
0.34%
North Growth Management Ltd.
72,000CA$997.9k0%0.12%
0.34%
Kayne Anderson Capital Advisors, L.P.
70,462CA$976.6k0%0.02%
0.23%
Optinova Asset Management GmbH
47,500CA$658.3k0%2.73%
0.13%
State Street Global Advisors, Inc.
26,794CA$371.4k2.64%no data
0.059%
BlackRock, Inc.
12,356CA$171.3k12.3%no data
0.053%
Jaime Guillen
11,067CA$153.4k1.67%no data
0.048%
CI Global Asset Management
10,144CA$140.6k0%no data
0.038%
American Century Investment Management Inc
8,076CA$111.9k0%no data
0.028%
Thematica SA
5,857CA$81.2k0%0.16%
0.024%
James Lawless
4,943CA$68.5k0.63%no data
0.013%
Anthony Jelic
2,772CA$38.4k4.68%no data
0.0057%
Connor, Clark & Lunn Investment Management Ltd.
1,200CA$16.6k0%no data

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/08 16:44
End of Day Share Price 2025/10/08 00:00
Earnings2025/06/30
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

Polaris Renewable Energy Inc. is covered by 11 analysts. 5 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
David GalisonCanaccord Genuity
Stephen KammermayerClarus Securities Inc.