TransAlta Ownership

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

Recent Insider Transactions

DB:TZ1 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
16 Dec 24	Sell€259,235	Jane Fedoretz	Individual	20,000	€12.98
02 Dec 24	Sell€88,313	Jane Fedoretz	Individual	8,000	€11.04
22 Nov 24	Sell€202,748	Jane Fedoretz	Individual	20,000	€10.19
25 Sep 24	Sell€185,317	Jane Fedoretz	Individual	20,000	€9.27
10 Sep 24	Sell€49	Kerry O'Reilly	Individual	6	€8.17
15 Aug 24	Sell€76,077	Jane Fedoretz	Individual	10,000	€7.61
09 Aug 24	Sell€357,710	Kerry O'Reilly	Individual	48,833	€7.33
17 Jun 24	Sell€65,575	Blain van Melle	Individual	10,000	€6.56
14 Jun 24	Sell€129,076	Blain van Melle	Individual	20,000	€6.45
13 Jun 24	Sell€329,709	Blain van Melle	Individual	50,000	€6.60
20 Mar 24	Sell€47	Blain van Melle	Individual	8	€5.91
18 Mar 24	Buy€12,000	Todd Stack	Individual	2,000	€6.00
18 Mar 24	Sell€47	Aron Willis	Individual	8	€5.94
05 Mar 24	Buy€16,929	Candace MacGibbon	Individual	2,709	€6.25
04 Mar 24	Sell€44	Brent Ward	Individual	7	€6.35
04 Mar 24	Sell€109	Kerry O'Reilly	Individual	17	€6.42
29 Feb 24	Buy€17,042	Candace MacGibbon	Individual	2,674	€6.37

Insider Trading Volume

Insider Buying: TZ1 insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of TZ1?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	33,108	0.0111%
State or Government	140,703	0.0472%
Individual Insiders	1,144,577	0.384%
General Public	92,377,007	31%
Institutions	204,704,605	68.6%

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

Top Shareholders

Top 25 shareholders own 54.73% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
11.9%	Brookfield Corporation	35,518,238	€479.9m	0.02%	1.43%
11.1%	RBC Global Asset Management Inc.	33,056,709	€446.6m	-11.5%	0.28%
3.38%	The Vanguard Group, Inc.	10,079,269	€136.2m	-1.64%	no data
2.81%	Millennium Management LLC	8,395,713	€113.4m	13.7%	0.09%
2.75%	BMO Asset Management Corp.	8,193,971	€110.7m	-7.55%	0.04%
2.02%	Mackenzie Financial Corporation	6,026,401	€81.4m	-0.99%	0.09%
1.88%	Rubric Capital Management LP	5,622,961	€76.0m	20%	1.38%
1.87%	CI Global Asset Management	5,570,224	€75.3m	-9.26%	0.15%
1.76%	Waratah Capital Advisors Ltd.	5,241,712	€70.8m	0%	3.83%
1.54%	FMR LLC	4,593,023	€62.1m	9.75%	no data
1.53%	Arrowstreet Capital, Limited Partnership	4,574,035	€61.8m	238%	0.05%
1.04%	Rbc Indigo Asset Management Inc	3,114,347	€42.1m	-5.21%	0.99%
1.04%	TD Asset Management, Inc.	3,111,890	€42.0m	-1.05%	0.03%
1.02%	Tetrem Capital Management Ltd.	3,034,244	€41.0m	0%	2.21%
0.98%	National Bank Investments Inc.	2,910,668	€39.3m	-19.6%	0.05%
0.94%	RBC Dominion Securities Inc., Asset Management Arm	2,798,469	€37.8m	-34%	0.04%
0.92%	Quadravest Capital Management, Inc.	2,739,901	€37.0m	0%	1.07%
0.91%	Fédération des Caisses Desjardins du Québec, Asset Management Arm	2,703,602	€36.5m	-2.75%	0.21%
0.9%	Yaupon Capital Management LP	2,685,955	€36.3m	69.9%	2.43%
0.89%	The Bank of Nova Scotia, Banking Investments	2,663,869	€36.0m	-13.2%	0.07%
0.84%	Diameter Capital Partners LP	2,500,000	€33.8m	0%	9.86%
0.82%	Canadian Imperial Bank of Commerce, Asset Management Arm	2,432,945	€32.9m	-17.5%	0.07%
0.68%	CIBC Asset Management Inc.	2,016,775	€27.2m	-47.2%	0.06%
0.67%	Toronto-Dominion Bank, Banking Investments	1,984,656	€26.8m	-7.73%	0.04%
0.59%	RBC Private Counsel (USA) Inc.	1,752,856	€23.7m	-5.52%	0.31%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 08:07
End of Day Share Price	2024/12/19 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

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

TransAlta Corporation 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.

Analyst	Institution
Nathan Heywood	ATB Capital Markets
Benjamin Pham	BMO Capital Markets Equity Research
Julien Dumoulin-Smith	BofA Global Research