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PLUG Showing Recent Insider Activity

Recent activity shows that Plug Power, PLUG the Insider Confidence level is trending n/a due to Corporate Insiders of PLUG n/a n/a worth of shares in the last 3 months.  

Before you dig into this report it is important to remember that "Insider Buying" is the purchase of shares in a corporation by a director, officer, or executive within the company. Insider buying is not the same as insider trading, which refers to corporate insiders making illegal stock purchases based on non-public information.
 
"Insider Buying" is not a crime when the buying is based on public information. 
 
Additionally, since insiders have unique insights into their own companies, they often gobble up shares when they believe the stock is undervalued or dump stock when it’s time to sell.  That's why people pay attention to insider buying.

Here is a list of the latest insider activity for PLUG:
  • Martin Daniel Hull - Corporate Controller and CAO, $143,647 worth of shares on 4 days ago
  • Andrew Marsh - President & CEO,Director, $2,508,061 worth of shares on 4 days ago
  • Paul Middleton - CFO & SVP, $907,863 worth of shares on 4 days ago
  • Shrestha Sanjay K - CSO, $1,192,800 worth of shares on 4 days ago
TipRanks.com reports that Plug Power currently has 12 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $38.58 . The target pricing ranges from a high forecast of $78.00 down to a low forecast of $21.00. Plug Power (PLUG)’s last closing price was $19.25 which would put the average price target at 100.42% upside.

In addition, TradingView issued a Strong Sell rating for PLUG over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bullish short-term outlook

Plug Power, PLUG
Summary: Plug Power Inc. is a leading provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used primarily for the material handling and stationary power market. They are focused on proton exchange membrane, or PEM, fuel cell and fuel processing technologies, fuel cell/battery hybrid technologies, and associated hydrogen storage and dispensing infrastructure from which multiple products are available. They sell and continue to develop fuel cell product solutions to replace lead-acid batteries in material handling vehicles and industrial trucks for some of North America's largest distribution and manufacturing businesses. Their current product line includes: GenDrive, GenFuel, GenCare, ReliOn, and GenKey.
  • Last Price: $19.25
  • Price Change: -$2.01, -9.4544%
  • Yearly Gain: -5.76%
  • Market Cap: $11.13B
  • P/E Ratio: -26.114
Remember, securities are volatile, so please do your own research on PLUG. If you are interest in stocks like PLUG or stocks in the Technology sector, please click here.

TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>

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This information was sourced from various 3rd party public sources but to get the best insight into insider activity related to PLUG, you should consider joining TipRanks.com.

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