TransAlta Co. (TSE:TA – Get Free Report) (NYSE:TAC) insider Jane Nyla Fedoretz sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of C$17.60, for a total transaction of C$88,000.00. Following the transaction, the insider owned 59,906 shares in the company, valued at approximately C$1,054,345.60. This trade represents a 7.70% decrease in their ownership of the stock.
Jane Nyla Fedoretz also recently made the following trade(s):
- On Thursday, May 7th, Jane Nyla Fedoretz sold 10,000 shares of TransAlta stock. The shares were sold at an average price of C$17.45, for a total value of C$174,500.00.
- On Monday, March 30th, Jane Nyla Fedoretz sold 5,000 shares of TransAlta stock. The stock was sold at an average price of C$17.66, for a total value of C$88,300.00.
- On Tuesday, March 31st, Jane Nyla Fedoretz sold 7,000 shares of TransAlta stock. The stock was sold at an average price of C$18.15, for a total value of C$127,050.00.
- On Tuesday, March 24th, Jane Nyla Fedoretz sold 10,000 shares of TransAlta stock. The stock was sold at an average price of C$17.45, for a total value of C$174,500.00.
- On Tuesday, March 24th, Jane Nyla Fedoretz sold 7,500 shares of TransAlta stock. The shares were sold at an average price of C$17.70, for a total transaction of C$132,750.00.
- On Thursday, March 12th, Jane Nyla Fedoretz sold 5,000 shares of TransAlta stock. The stock was sold at an average price of C$17.46, for a total transaction of C$87,300.00.
TransAlta Stock Up 1.2%
TA stock opened at C$17.46 on Thursday. TransAlta Co. has a one year low of C$12.12 and a one year high of C$25.03. The stock has a market capitalization of C$5.20 billion, a PE ratio of -23.28, a price-to-earnings-growth ratio of -0.07 and a beta of 0.54. The company has a debt-to-equity ratio of 317.20, a quick ratio of 0.62 and a current ratio of 0.76. The company has a fifty day moving average of C$17.69 and a 200-day moving average of C$18.60.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on TA shares. TD cut their target price on TransAlta from C$27.00 to C$26.00 and set a “buy” rating for the company in a research note on Thursday, May 7th. Desjardins decreased their price target on TransAlta from C$19.00 to C$18.00 and set a “hold” rating on the stock in a research note on Tuesday, February 10th. Jefferies Financial Group dropped their price objective on TransAlta from C$27.00 to C$22.00 in a report on Wednesday, January 21st. National Bank Financial upgraded TransAlta from a “hold” rating to an “outperform” rating and set a C$22.00 price objective for the company in a research report on Tuesday, March 24th. Finally, ATB Cormark Capital Markets raised their target price on TransAlta from C$27.00 to C$28.00 and gave the company an “outperform” rating in a report on Tuesday, March 24th. Seven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$24.44.
Get Our Latest Report on TransAlta
TransAlta Company Profile
TransAlta owns, operates and develops a diverse fleet of electrical power generation assets in Canada, the United States and Australia with a focus on long-term shareholder value. TransAlta provides municipalities, medium and large industries, businesses and utility customers with affordable, energy efficient and reliable power. Today, TransAlta is one of Canada’s largest producers of wind power and Alberta’s largest producer of thermal generation and hydro-electric power. For over 114 years, TransAlta has been a responsible operator and a proud member of the communities where we operate and where our employees work and live.
Featured Stories
- Five stocks we like better than TransAlta
- D-Wave Earnings Looked Weak, But Investors May Be Missing This
- Nebius Upside Expands as AI Feedback Loop Intensifies
- Insider Trades: Okta and Abbott See Buys, Micron Insiders Sell
- Plug Power Flips The Switch On Profitability
Receive News & Ratings for TransAlta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransAlta and related companies with MarketBeat.com's FREE daily email newsletter.
