Ballard Power Systems Ownership

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

Recent Insider Transactions

NasdaqGM:BLDP Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
27 Mar 24	SellUS$7,219	Kevin Colbow	Individual	2,609	US$2.77
29 Dec 23	BuyUS$3,790	Kathleen Bayless	Individual	1,000	US$3.79
26 Dec 23	BuyUS$38	Marty Neese	Individual	10	US$3.81
26 Dec 23	BuyUS$95	Mircea Gradu	Individual	25	US$3.81

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 BLDP?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	542,016	0.181%
Public Companies	46,131,712	15.4%
Institutions	68,733,386	23%
General Public	184,013,752	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	US$69.3m	0%	no data
2.56%	Legal & General Investment Management Limited	7,655,621	US$11.5m	-2.2%	no data
2.35%	Public Investment Fund	7,046,900	US$10.6m	0%	0.01%
1.76%	Citadel Advisors LLC	5,273,007	US$7.9m	5.54%	0.01%
1.54%	Mirae Asset Global Investments Co., Ltd.	4,611,082	US$6.9m	14%	0.01%
1.14%	Invesco Capital Management LLC	3,399,360	US$5.1m	54.1%	no data
0.97%	Goldman Sachs Group, Investment Banking and Securities Investments	2,904,772	US$4.4m	26.8%	no data
0.91%	State Street Global Advisors, Inc.	2,734,624	US$4.1m	-4.89%	no data
0.62%	Dimensional Fund Advisors LP	1,853,878	US$2.8m	-8.81%	no data
0.61%	Van Eck Associates Corporation	1,821,223	US$2.7m	-21.6%	no data
0.49%	Millennium Management LLC	1,474,906	US$2.2m	120%	no data
0.48%	Bg Fund Management Luxembourg S.A.	1,439,987	US$2.2m	0%	0.05%
0.43%	SIGNAL IDUNA Asset Management GmbH	1,298,066	US$2.0m	0%	0.1%
0.43%	Morgan Stanley, Investment Banking and Brokerage Investments	1,282,079	US$1.9m	2.52%	no data
0.42%	GWL Investment Management Ltd.	1,271,656	US$1.9m	3.01%	no data
0.38%	Two Sigma Investments, LP	1,131,883	US$1.7m	-7.55%	no data
0.37%	Jane Street Group, LLC, Asset Management Arm	1,115,742	US$1.7m	138%	no data
0.36%	Amundi Asset Management SAS	1,087,561	US$1.6m	-0.69%	no data
0.35%	First Trust Advisors LP	1,057,924	US$1.6m	-0.72%	no data
0.35%	Barclays PLC Private Banking & Investment Banking Investment	1,047,300	US$1.6m	-29.3%	no data
0.32%	Penserra Capital Management LLC	959,941	US$1.4m	52.6%	0.03%
0.3%	AIFM Capital AB	904,000	US$1.4m	0%	0.58%
0.29%	UBS Asset Management AG	881,978	US$1.3m	-11.8%	no data
0.28%	ZKB Asset Management	845,076	US$1.3m	-1.37%	no data
0.24%	Morgan Meighen & Associates Limited	725,000	US$1.1m	0%	0.08%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 23:41
End of Day Share Price	2024/12/20 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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