TFI International Ownership

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

Recent Insider Transactions

DB:9TF Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
28 Oct 24	Buy€80,900	John Pratt	Individual	650	€124.46
28 Oct 24	Buy€46,740	Leslie Abi-Karam	Individual	372	€125.65
29 Jul 24	Buy€49,081	Debra Kelly-Ennis	Individual	350	€140.23
29 Jul 24	Buy€48,409	Leslie Abi-Karam	Individual	340	€142.38
14 May 24	Buy€270,404	Sebastien Martel	Individual	2,110	€128.15
02 May 24	Buy€139,709	John Pratt	Individual	1,132	€123.42
02 May 24	Buy€62,144	Debra Kelly-Ennis	Individual	500	€124.29
30 Apr 24	Buy€47,476	Leslie Abi-Karam	Individual	385	€123.32
29 Apr 24	Buy€128,142	Diane Giard	Individual	1,000	€128.14
26 Apr 24	Buy€109,662	John Pratt	Individual	819	€133.90
27 Feb 24	Sell€2,749,496	Alain Bedard	Individual	20,000	€137.47
20 Feb 24	Buy€199,758	Sebastien Martel	Individual	1,500	€133.17

Insider Trading Volume

Insider Buying: 9TF insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of 9TF?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	1,215	0.00144%
Individual Insiders	5,040,517	5.96%
General Public	17,737,434	21%
Institutions	61,857,021	73.1%

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

Top Shareholders

Top 25 shareholders own 62.51% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
14.8%	Capital Research and Management Company	12,532,953	€1.7b	-13.8%	0.08%
5.69%	Alain Bedard	4,819,806	€655.0m	2.96%	no data
4.82%	Fidelity International Ltd	4,081,871	€554.7m	36.9%	0.24%
4.49%	Janus Henderson Group plc	3,800,093	€516.4m	-0.04%	0.21%
3.99%	Caisse de dépôt et placement du Québec	3,380,696	€459.4m	28.3%	0.45%
3.99%	Wellington Management Group LLP	3,377,211	€458.9m	19%	0.07%
3.86%	FMR LLC	3,263,313	€443.4m	-10.4%	0.03%
3.75%	The Vanguard Group, Inc.	3,170,179	€430.8m	1.4%	0.01%
1.96%	Manulife Asset Management	1,658,357	€225.3m	7.11%	0.17%
1.69%	RBC Dominion Securities Inc., Asset Management Arm	1,431,394	€194.5m	-0.81%	0.22%
1.55%	Fédération des Caisses Desjardins du Québec, Asset Management Arm	1,312,907	€178.4m	-8.06%	1.02%
1.47%	1832 Asset Management L.P.	1,248,126	€169.6m	6.45%	0.23%
1.47%	Norges Bank Investment Management	1,242,373	€168.8m	0%	0.01%
1.18%	Turtle Creek Asset Management Inc.	997,976	€135.6m	0.72%	3.22%
1%	National Bank Investments Inc.	848,965	€115.4m	-3.5%	0.15%
0.97%	Arrowstreet Capital, Limited Partnership	819,034	€111.3m	41.4%	0.09%
0.91%	BMO Asset Management Corp.	769,192	€104.5m	-7.9%	0.04%
0.9%	Merrill Lynch & Co. Inc., Banking Investments	759,558	€103.2m	35%	0.04%
0.7%	CI Global Asset Management	593,846	€80.7m	-28%	0.17%
0.64%	Dixon Mitchell Investment Counsel, Inc.	539,815	€73.4m	0.37%	3.09%
0.61%	Mackenzie Financial Corporation	517,143	€70.3m	0.13%	0.08%
0.56%	Canadian Imperial Bank of Commerce, Asset Management Arm	472,748	€64.2m	-6.72%	0.14%
0.52%	Maple Rock Capital Partners Inc.	436,999	€59.4m	43.8%	3.56%
0.5%	Legal & General Investment Management Limited	419,721	€57.0m	1.95%	0.01%
0.49%	Baskin Financial Services Inc.	411,411	€55.9m	-1.08%	4.5%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 02:42
End of Day Share Price	2024/12/23 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

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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

TFI International Inc. is covered by 29 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Will Chien	Accountability Research Corporation
Maxim Sytchev	ATB Capital Markets
Fadi Chamoun	BMO Capital Markets Equity Research