Ballard Power Systems Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

BUL:PO0 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
27 Mar 24	Sell€6,671	Kevin Colbow	Individual	2,609	€2.56
29 Dec 23	Buy€3,429	Kathleen Bayless	Individual	1,000	€3.43
26 Dec 23	Buy€34	Marty Neese	Individual	10	€3.45
26 Dec 23	Buy€86	Mircea Gradu	Individual	25	€3.45

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of PO0?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	542,016	0.181%
Public Companies	46,131,712	15.4%
Institutions	68,733,572	23%
General Public	184,013,566	61.5%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 33.38% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
15.4%	Weichai Power Co., Ltd.	46,131,712	€66.8m	0%	no data
2.56%	Legal & General Investment Management Limited	7,655,621	€11.1m	-2.2%	no data
2.35%	Public Investment Fund	7,046,900	€10.2m	0%	0.01%
1.76%	Citadel Advisors LLC	5,273,007	€7.6m	5.54%	0.01%
1.54%	Mirae Asset Global Investments Co., Ltd.	4,611,082	€6.7m	14%	0.01%
1.14%	Invesco Capital Management LLC	3,399,360	€4.9m	54.1%	no data
0.97%	Goldman Sachs Group, Investment Banking and Securities Investments	2,904,772	€4.2m	26.8%	no data
0.91%	State Street Global Advisors, Inc.	2,734,624	€4.0m	-4.89%	no data
0.62%	Dimensional Fund Advisors LP	1,853,878	€2.7m	-8.81%	no data
0.61%	Van Eck Associates Corporation	1,821,223	€2.6m	-21.6%	no data
0.49%	Millennium Management LLC	1,474,906	€2.1m	120%	no data
0.48%	Bg Fund Management Luxembourg S.A.	1,439,987	€2.1m	0%	0.05%
0.43%	SIGNAL IDUNA Asset Management GmbH	1,298,066	€1.9m	0%	0.1%
0.43%	Morgan Stanley, Investment Banking and Brokerage Investments	1,282,079	€1.9m	2.52%	no data
0.42%	GWL Investment Management Ltd.	1,271,656	€1.8m	3.01%	no data
0.38%	Two Sigma Investments, LP	1,131,883	€1.6m	-7.55%	no data
0.37%	Jane Street Group, LLC, Asset Management Arm	1,115,742	€1.6m	138%	no data
0.36%	Amundi Asset Management SAS	1,087,561	€1.6m	-0.69%	no data
0.35%	First Trust Advisors LP	1,057,924	€1.5m	-0.72%	no data
0.35%	Barclays PLC Private Banking & Investment Banking Investment	1,047,300	€1.5m	-29.3%	no data
0.32%	Penserra Capital Management LLC	959,941	€1.4m	52.6%	0.03%
0.3%	AIFM Capital AB	904,000	€1.3m	0%	0.58%
0.29%	UBS Asset Management AG	881,978	€1.3m	-11.8%	no data
0.28%	ZKB Asset Management	845,076	€1.2m	-1.37%	no data
0.24%	Morgan Meighen & Associates Limited	725,000	€1.0m	0%	0.08%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 20:20
End of Day Share Price	2024/11/13 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ballard Power Systems Inc. is covered by 44 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Ameet Thakkar	BMO Capital Markets Equity Research
Walter Brooks Idlet	CFRA Equity Research
Hamir Patel	CIBC Capital Markets