TransAlta Corporation

TSX:TA Stock Report

Market Cap: CA$5.6b

TransAlta Ownership

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

Recent Insider Transactions

TSX:TA Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
21 May 26SellCA$182,500Jane FedoretzIndividual10,000CA$18.25
13 May 26BuyCA$172,363Mike PoliteskiIndividual10,000CA$17.24
08 May 26SellCA$262,500Jane FedoretzIndividual15,000CA$17.60
07 May 26SellCA$174,500Jane FedoretzIndividual10,000CA$17.45
31 Mar 26SellCA$215,572Jane FedoretzIndividual12,000CA$18.15
31 Mar 26SellCA$193,499Blain van MelleIndividual10,626CA$18.21
25 Mar 26SellCA$270,000Blain van MelleIndividual15,000CA$18.00
24 Mar 26SellCA$307,250Jane FedoretzIndividual17,500CA$17.70
12 Mar 26SellCA$87,300Jane FedoretzIndividual5,000CA$17.46
03 Mar 26SellCA$381,100Jane FedoretzIndividual20,000CA$19.13
04 Jun 25SellCA$71Blain van MelleIndividual5CA$14.17

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of TA?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders377,6970.127%
Hedge Funds17,781,3255.97%
VC/PE Firms33,369,87711.2%
General Public61,580,47020.7%
Institutions184,690,63162%

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

Top Shareholders

Top 25 shareholders own 64.3% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
11.2%
Brookfield Corporation
33,369,877CA$625.4m0.02%0.48%
7.12%
RBC Global Asset Management Inc.
21,196,793CA$397.2m-2.48%0.12%
5.97%
Rubric Capital Management LP
17,781,325CA$333.2m0%2.61%
5.95%
BMO Asset Management Corp.
17,714,553CA$332.0m33.2%0.07%
4.57%
FMR LLC
13,600,626CA$254.9m-42.6%0.01%
3.78%
The Vanguard Group, Inc.
11,243,743CA$210.7m1.08%no data
2.79%
Millennium Management LLC
8,318,000CA$155.9m-1.86%0.07%
2.65%
Merrill Lynch, Pierce, Fenner & Smith Incorporated
7,891,151CA$147.9m-28%0.03%
2.44%
The Goldman Sachs Group, Inc.
7,275,325CA$136.3m50.8%0.03%
2.12%
American Century Investment Management Inc
6,304,689CA$118.1m4.01%0.03%
1.75%
Morgan Stanley
5,221,537CA$97.9m50.2%0.01%
1.57%
Mackenzie Financial Corporation
4,684,204CA$87.8m29.6%0.05%
1.54%
The Toronto-Dominion Bank
4,580,887CA$85.8m75%0.08%
1.51%
Arvin Capital Management LP
4,488,235CA$84.1m17.5%14.2%
1.35%
AQR Capital Management, LLC
4,029,146CA$75.5m0%0.02%
1.2%
Norges Bank Investment Management
3,581,371CA$67.1m0%no data
1.04%
CI Global Asset Management
3,089,636CA$57.9m-0.03%0.07%
0.87%
Value Aligned Research Advisors, LLC
2,596,273CA$48.7m0%0.27%
0.77%
Rokos Capital Management LLP
2,293,069CA$43.0m0%0.44%
0.77%
Canadian Imperial Bank of Commerce
2,283,297CA$42.8m45.1%0.04%
0.71%
Quadravest Capital Management, Inc.
2,119,901CA$39.7m0%0.53%
0.7%
National Bank Investments Inc.
2,088,238CA$39.1m47.6%0.02%
0.68%
AHL Partners LLP
2,037,947CA$38.2m-2.59%0.27%
0.63%
Artemis Investment Management LLP
1,875,520CA$35.1m3.14%0.06%
0.61%
UBS Asset Management AG
1,818,976CA$34.1m-40.5%no data

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/25 10:01
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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

TransAlta Corporation is covered by 20 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathan HeywoodATB Cormark
Benjamin PhamBMO Capital Markets Equity Research
Julien Dumoulin-SmithBofA Global Research