Baader Bank Aktiengesellschaft lessened its holdings in Plug Power, Inc. (NASDAQ:PLUG – Free Report) by 86.3% during the third quarter, Holdings Channel reports. The fund owned 89,477 shares of the electronics maker’s stock after selling 563,473 shares during the period. Baader Bank Aktiengesellschaft’s holdings in Plug Power were worth $208,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also added to or reduced their stakes in the business. Yousif Capital Management LLC bought a new position in Plug Power during the third quarter worth $27,000. Prime Capital Investment Advisors LLC acquired a new stake in shares of Plug Power during the 3rd quarter worth about $30,000. Oak Thistle LLC acquired a new stake in shares of Plug Power during the 3rd quarter worth about $30,000. Simplicity Wealth LLC bought a new stake in shares of Plug Power during the 3rd quarter worth about $32,000. Finally, Bouvel Investment Partners LLC acquired a new position in Plug Power in the 3rd quarter valued at about $35,000. Institutional investors and hedge funds own 43.48% of the company’s stock.
Key Plug Power News
Here are the key news stories impacting Plug Power this week:
- Positive Sentiment: Shareholders approved an increase in the company’s authorized share count, a vote that was widely reported as avoiding a reverse split and appears to have removed an immediate governance/structural overhang that some investors feared. Plug Power Stock Edges Higher As Shareholders Approve Share Increase, Avoid Reverse Split
- Neutral Sentiment: Coverage highlights ongoing strategic initiatives in green hydrogen and governance topics that could matter for long‑term value if execution improves, but these reports contain no new deal or financial disclosure likely to change near‑term fundamentals. Plug Power Inc. (PLUG): Strategic Moves in Green Hydrogen and Governance
- Neutral Sentiment: Analyst/market‑attention writeups (e.g., Zacks) note heightened investor interest; useful for context but not an immediate catalyst. Plug Power, Inc. (PLUG) is Attracting Investor Attention: Here is What You Should Know
- Negative Sentiment: Multiple law firms have filed or are soliciting lead‑plaintiff appointments in securities‑fraud actions against Plug Power covering the period Jan 17, 2025–Nov 13, 2025; those notices and the April 3, 2026 lead‑plaintiff deadline increase legal uncertainty and potential liability. Example: Pomerantz filed a class action. Pomerantz Law Firm Announces the Filing of a Class Action Against Plug Power Inc. and Certain Officers – PLUG
- Negative Sentiment: Numerous other firms (Rosen, Schall, BFA, Kirby McInerney, Levi & Korsinsky, Robbins, Portnoy, Bernstein Liebhard, Glancy Prongay Wolke & Rotter, Gross, etc.) are circulating notices and reminders about the same class period and April 3 deadline, amplifying headline flow and investor concern about management and disclosure practices. ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Plug Power Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PLUG
- Negative Sentiment: Reporting notes the company has experienced executive turnover (CEO exit referenced) alongside the lawsuits, which raises governance concerns and keeps near‑term investor sentiment pressured. Plug Power Lawsuits And CEO Exit Refocus Attention On Hydrogen Plans
Wall Street Analysts Forecast Growth
Check Out Our Latest Research Report on Plug Power
Plug Power Price Performance
Shares of NASDAQ PLUG opened at $1.89 on Friday. The stock has a market capitalization of $2.63 billion, a PE ratio of -0.80 and a beta of 1.87. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.32 and a quick ratio of 0.70. The business has a fifty day moving average price of $2.19 and a two-hundred day moving average price of $2.23. Plug Power, Inc. has a fifty-two week low of $0.69 and a fifty-two week high of $4.58.
Insiders Place Their Bets
In related news, insider Jose Luis Crespo purchased 37,300 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The stock was acquired at an average price of $2.34 per share, with a total value of $87,282.00. Following the completion of the purchase, the insider directly owned 307,332 shares in the company, valued at $719,156.88. This trade represents a 13.81% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Benjamin Haycraft sold 40,000 shares of the company’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $2.20, for a total transaction of $88,000.00. Following the sale, the insider directly owned 373,809 shares of the company’s stock, valued at $822,379.80. This represents a 9.67% decrease in their position. The SEC filing for this sale provides additional information. 0.56% of the stock is currently owned by company insiders.
About Plug Power
Plug Power Inc is a U.S.-based company specializing in the design and manufacture of hydrogen fuel cell systems that serve as clean energy replacements for conventional batteries in electric vehicles and material handling equipment. Its core solutions include ProGen fuel cell engines, GenDrive power systems for forklifts and warehouse vehicles, and GenFuel hydrogen refueling infrastructure. These offerings are sold as standalone components or integrated turnkey solutions under the GenKey brand, providing customers with on-site refueling, equipment installation and maintenance services.
In addition to its fuel cell and refueling products, Plug Power develops backup power and off-grid energy solutions through its GenSure line, which targets telecommunications, data centers and utility applications.
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Want to see what other hedge funds are holding PLUG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Plug Power, Inc. (NASDAQ:PLUG – Free Report).
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