Baader Bank Aktiengesellschaft cut its stake in Plug Power, Inc. (NASDAQ:PLUG – Free Report) by 86.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. 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.
Other hedge funds have also modified their holdings of the company. Legal & General Group Plc grew its holdings in shares of Plug Power by 59.9% in the 2nd quarter. Legal & General Group Plc now owns 16,980,865 shares of the electronics maker’s stock valued at $25,301,000 after buying an additional 6,364,483 shares during the period. Caitong International Asset Management Co. Ltd raised its stake in Plug Power by 365,934.4% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 3,795,777 shares of the electronics maker’s stock worth $5,656,000 after buying an additional 3,794,740 shares during the period. Geode Capital Management LLC lifted its holdings in Plug Power by 14.9% during the second quarter. Geode Capital Management LLC now owns 24,071,904 shares of the electronics maker’s stock worth $35,872,000 after acquiring an additional 3,125,542 shares in the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd bought a new position in Plug Power during the second quarter worth about $153,000. Finally, KBC Group NV grew its stake in Plug Power by 153.6% in the second quarter. KBC Group NV now owns 353,917 shares of the electronics maker’s stock valued at $527,000 after acquiring an additional 214,342 shares during the period. 43.48% of the stock is owned by institutional investors.
Insider Transactions at Plug Power
In other news, insider Benjamin Haycraft sold 40,000 shares of Plug Power stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $2.20, for a total value of $88,000.00. Following the completion of the transaction, the insider owned 373,809 shares of the company’s stock, valued at $822,379.80. This trade represents a 9.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Jose Luis Crespo bought 37,300 shares of the company’s stock in a transaction dated Monday, December 15th. The stock was purchased at an average cost of $2.34 per share, for a total transaction of $87,282.00. Following the completion of the acquisition, the insider owned 307,332 shares in the company, valued at $719,156.88. This trade represents a 13.81% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.56% of the company’s stock.
Wall Street Analysts Forecast Growth
View Our Latest Report on PLUG
Key Headlines Impacting Plug Power
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
Plug Power Trading Up 3.8%
Shares of Plug Power stock opened at $1.89 on Friday. The stock has a market cap of $2.63 billion, a P/E ratio of -0.80 and a beta of 1.87. The company has a quick ratio of 0.70, a current ratio of 1.32 and a debt-to-equity ratio of 0.24. Plug Power, Inc. has a 12-month low of $0.69 and a 12-month high of $4.58. The business’s 50 day moving average is $2.19 and its 200-day moving average is $2.23.
Plug Power Company Profile
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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