Published on 19 Nov 2023 on Simply Wall St. via Yahoo Finance
With 58% institutional ownership, TransAlta Corporation (TSE:TA) is a favorite amongst the big guns
Key Insights
Given the large stake in the stock by institutions, TransAlta's stock price might be vulnerable to their trading decisions50% of the business is held by the top 20 shareholders Insiders have bought recently
Every investor in TransAlta Corporation (TSE:TA) should be aware of the most powerful shareholder groups. With 58% stake, institutions possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company.