Canadian Solar Ownership

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

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of CSIQ?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	4,855,597	7.34%
Hedge Funds	5,165,665	7.81%
General Public	11,840,417	17.9%
Individual Insiders	14,026,042	21.2%
Institutions	30,275,654	45.8%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.4%.

Top Shareholders

Top 25 shareholders own 72.04% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
21%	Xiaohua Qu	13,865,925	US$161.7m	0%	no data
7.9%	BlackRock, Inc.	5,228,272	US$61.0m	1.19%	no data
7.81%	Mackenzie Financial Corporation	5,165,665	US$60.2m	0.98%	0.07%
7.34%	Venture Holding S.à R.L. Spf	4,855,597	US$56.6m	0%	no data
3.1%	Invesco Capital Management LLC	2,049,370	US$23.9m	10.7%	0.01%
3.03%	The Vanguard Group, Inc.	2,003,947	US$23.4m	0.67%	no data
2.4%	Legal & General Investment Management Limited	1,589,737	US$18.5m	0.39%	no data
1.98%	Citadel Advisors LLC	1,310,574	US$15.3m	1.68%	0.02%
1.86%	Goldman Sachs Group, Investment Banking and Securities Investments	1,233,490	US$14.4m	530%	0.01%
1.74%	UBS Asset Management AG	1,152,334	US$13.4m	387%	no data
1.64%	Group One Trading LP, Asset Management Arm	1,083,637	US$12.6m	41.5%	0.48%
1.51%	DNB Asset Management AS	996,736	US$11.6m	12.4%	0.04%
1.46%	Guinness Asset Management Ltd.	966,208	US$11.3m	-8.45%	0.13%
1.23%	Jane Street Group, LLC, Asset Management Arm	811,052	US$9.5m	-32.2%	0.02%
1.15%	Mirae Asset Global Investments Co., Ltd.	759,538	US$8.9m	-7.3%	0.01%
1.03%	ETFS Management (AUS) Limited	679,355	US$7.9m	-4.23%	0.4%
0.95%	Bank of America Corporation, Asset Management Arm	630,825	US$7.4m	72.4%	no data
0.75%	Susquehanna International Group, LLP, Asset Management Arm	498,067	US$5.8m	245%	0.01%
0.74%	Simplex Trading, LLC, Asset Management Arm	489,874	US$5.7m	61.5%	0.2%
0.74%	State Street Global Advisors, Inc.	486,800	US$5.7m	5.62%	no data
0.65%	Cerity Partners LLC	428,733	US$5.0m	132%	0.01%
0.59%	Morgan Stanley, Investment Banking and Brokerage Investments	392,686	US$4.6m	185%	no data
0.51%	Millennium Management LLC	338,788	US$4.0m	-67.3%	no data
0.51%	National Bank Investments Inc.	335,283	US$3.9m	-4.9%	0.01%
0.48%	Robotti & Company, Incorporated	314,381	US$3.7m	0.55%	0.62%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/17 13:46
End of Day Share Price	2024/12/17 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

Canadian Solar Inc. is covered by 33 analysts. 10 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
James Fontanelli	Arete Research Services LLP
Vishal Shah	Barclays
Wayne T. Chang	Brean Capital