Insider Selling: Polaris Renewable Energy (TSE:PIF) Director Sells C$137,400.00 in Stock

Posted by Francis Steltz on Nov 12th, 2026

Polaris Renewable Energy Inc. (TSE:PIF – Get Free Report) Director Marc Murnaghan sold 10,000 shares of the stock in a transaction that occurred on Friday, November 6th. The shares were sold at an average price of C$13.74, for a total transaction of C$137,400.00. Following the completion of the transaction, the director directly owned 504,524 shares of the company’s stock, valued at C$6,932,159.76. The trade was a 1.94% decrease in their ownership of the stock.

Marc Murnaghan also recently made the following trade(s):

On Tuesday, September 15th, Marc Murnaghan bought 2,000 shares of Polaris Renewable Energy stock. The stock was bought at an average price of C$14.05 per share, with a total value of C$28,100.00.

Polaris Renewable Energy Stock Up 0.1%

PIF stock opened at C$13.84 on Thursday. The stock has a market capitalization of C$289.19 million, a PE ratio of 72.84, a price-to-earnings-growth ratio of 3.28 and a beta of 0.53. Polaris Renewable Energy Inc. has a 52 week low of C$11.55 and a 52 week high of C$16.08. The company has a quick ratio of 1.64, a current ratio of 3.92 and a debt-to-equity ratio of 96.80. The firm has a 50 day moving average of C$13.77 and a 200 day moving average of C$13.58.

Polaris Renewable Energy (TSE:PIF – Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The company reported C($0.48) earnings per share (EPS) for the quarter. The company had revenue of C$27.06 million for the quarter. Polaris Renewable Energy had a negative net margin of 3.54% and a negative return on equity of 1.17%. During the same quarter last year, the firm earned ($0.02) EPS. Sell-side analysts forecast that Polaris Renewable Energy Inc. will post 0.65 earnings per share for the current year.

Polaris Renewable Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 20th. Stockholders of record on Friday, November 20th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, November 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.3%. Polaris Renewable Energy’s payout ratio is 315.79%.

Trending Headlines about Polaris Renewable Energy

These are some of the PIF headlines that stood out recently:

Neutral Sentiment: The company declared a quarterly dividend of $0.15 per share, or $0.60 annualized (about a 4.3% yield). However, the reported payout ratio is elevated at 315.79%, which may raise questions about dividend sustainability. Insider trading and dividend report
Negative Sentiment: Clarus cut its FY2026 EPS forecast to a loss of $0.56 from a previously projected loss of $0.08, a substantial deterioration in its near-term outlook. Polaris Renewable Energy analyst estimates
Negative Sentiment: Director Marc Murnaghan sold 10,000 shares for C$137,400, reducing his stake by 1.94%. The sale may weigh modestly on sentiment, although he retained 504,524 shares and had bought 2,000 shares in September. Director share sale report

Polaris Renewable Energy Company Profile

(Get Free Report)

Polaris Renewable Energy Inc. is a Canadian publicly traded company engaged in the acquisition, development, and operation of renewable energy projects in Latin America & the Caribbean. We are a high-performing and financially sound contributor to the energy transition. The Company’s operations include a geothermal plant (82 MW), four run-of river hydroelectric plants (39 MW), three solar (photovoltaic) projects (35 MW) and an onshore wind farm (26 MW).