Boralex Ownership

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

Recent Insider Transactions

BMV:BLX N Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
20 Nov 24	BuyMex$861,830	Andre Courville	Individual	2,000	Mex$431.07
21 May 24	BuyMex$308,562	Julie Cusson	Individual	800	Mex$385.95
25 Mar 24	BuyMex$428,629	Marie-Josée Arsenault	Individual	1,261	Mex$340.03
14 Mar 24	BuyMex$246,981	Bruno Guilmette	Individual	700	Mex$352.83
04 Mar 24	BuyMex$553,677	Nicolas Wolff	Individual	1,500	Mex$369.12

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of BLX N?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	0	0%
Individual Insiders	327,475	0.319%
General Public	51,196,325	49.8%
Institutions	51,242,304	49.9%

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

Top Shareholders

Top 25 shareholders own 41.59% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
11.4%	Caisse de dépôt et placement du Québec	11,728,007	Mex$4.5b	-9.02%	0.3%
3.58%	BlackRock, Inc.	3,680,999	Mex$1.4b	-8.15%	no data
2.86%	The Vanguard Group, Inc.	2,937,405	Mex$1.1b	1.52%	no data
2.83%	RBC Global Asset Management Inc.	2,903,386	Mex$1.1b	-0.01%	0.04%
2.79%	Janus Henderson Group plc	2,867,178	Mex$1.1b	-0.38%	0.03%
2.51%	Impax Asset Management Group Plc	2,578,775	Mex$988.2m	7.47%	0.16%
1.91%	CI Global Asset Management	1,962,755	Mex$752.1m	0.11%	0.1%
1.89%	Handelsbanken Asset Management	1,939,104	Mex$743.1m	1.56%	0.07%
1.85%	BMO Asset Management Corp.	1,904,643	Mex$729.9m	3.99%	0.01%
1.13%	Dimensional Fund Advisors LP	1,158,526	Mex$443.9m	0.8%	0.01%
0.99%	Mackenzie Financial Corporation	1,014,392	Mex$388.7m	-0.29%	0.03%
0.91%	RobecoSAM AG	935,000	Mex$358.3m	2.3%	0.18%
0.9%	Desjardins Global Asset Management Inc.	928,198	Mex$355.7m	-7.1%	0.21%
0.84%	Foresight Group LLP	866,135	Mex$331.9m	0%	1.2%
0.68%	FMR LLC	701,101	Mex$268.7m	0%	no data
0.57%	SEB Investment Management AB	583,650	Mex$223.7m	20.6%	0.03%
0.57%	AGF Management Limited	581,571	Mex$222.9m	-36.5%	0.08%
0.53%	Connor, Clark & Lunn Investment Management Ltd.	542,310	Mex$207.8m	-11.5%	0.06%
0.52%	IG Investment Management, Ltd.	531,096	Mex$203.5m	0%	0.03%
0.47%	Norges Bank Investment Management	487,393	Mex$186.8m	0%	no data
0.43%	ALPS Advisors, Inc.	445,571	Mex$170.7m	-5.77%	0.07%
0.42%	Goldman Sachs Asset Management, L.P.	432,778	Mex$165.8m	0.36%	no data
0.35%	Gravis Advisory Limited	359,200	Mex$137.6m	0%	0.54%
0.33%	Amundi Asset Management SAS	337,442	Mex$129.3m	-3.35%	no data
0.33%	Raiffeisen Kapitalanlage-Gesellschaft m.b.H.	336,000	Mex$128.8m	0%	0.09%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/10/08 19:55
End of Day Share Price	2023/07/11 00:00
Earnings	2023/06/30
Annual Earnings	2022/12/31

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

Boralex Inc. is covered by 25 analysts. 9 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
Mark Westby	ATB Capital Markets
Benjamin Pham	BMO Capital Markets Equity Research
Massimo Fiore	Cantor Fitzgerald Canada Corporation