TransAlta Co. (TSE:TA – Get Free Report) (NYSE:TAC) insider Jane Nyla Fedoretz sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of C$17.45, for a total transaction of C$174,500.00. Following the sale, the insider owned 74,906 shares of the company’s stock, valued at C$1,307,109.70. This represents a 11.78% decrease in their position.
Jane Nyla Fedoretz also recently made the following trade(s):
- On Friday, May 8th, Jane Nyla Fedoretz sold 5,000 shares of TransAlta stock. The stock was sold at an average price of C$17.60, for a total transaction of C$88,000.00.
- On Monday, March 30th, Jane Nyla Fedoretz sold 5,000 shares of TransAlta stock. The shares were sold at an average price of C$17.66, for a total transaction of C$88,300.00.
- On Tuesday, March 31st, Jane Nyla Fedoretz sold 7,000 shares of TransAlta stock. The shares were sold at an average price of C$18.15, for a total transaction of C$127,050.00.
- On Tuesday, March 24th, 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 transaction 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 shares were sold at an average price of C$17.46, for a total transaction of C$87,300.00.
TransAlta Stock Up 1.2%
TransAlta stock opened at C$17.46 on Thursday. TransAlta Co. has a fifty-two week low of C$12.12 and a fifty-two week high of C$25.03. 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 firm has a 50 day moving average price of C$17.69 and a 200 day moving average price of C$18.60. The company 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.
Analyst Upgrades and Downgrades
Several analysts recently weighed in on TA shares. Jefferies Financial Group dropped their target price on shares of TransAlta from C$27.00 to C$22.00 in a report on Wednesday, January 21st. National Bank Financial upgraded shares of TransAlta from a “hold” rating to an “outperform” rating and set a C$22.00 target price for the company in a report on Tuesday, March 24th. Desjardins dropped their target price on shares of TransAlta from C$19.00 to C$18.00 and set a “hold” rating for the company in a report on Tuesday, February 10th. ATB Cormark Capital Markets lifted their target price on shares of TransAlta from C$27.00 to C$28.00 and gave the company an “outperform” rating in a report on Tuesday, March 24th. Finally, TD dropped their price target on shares of 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. Seven investment 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 has an average rating of “Moderate Buy” and an average price target of C$24.44.
Check Out Our Latest Stock Report on TA
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.
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