Ballard Power Systems Inc.

NasdaqGM:BLDP Stock Report

Market Cap: US$1.6b

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
DateValueNameEntityRoleSharesMax Price
15 May 26SellUS$15,856,114Weichai Power Co., Ltd.Company3,897,000US$4.07
14 May 26SellUS$34,114,184Weichai Power Co., Ltd.Company11,131,886US$3.12
14 May 26SellUS$3,802,575Weichai Power Co., Ltd.Company923,000US$4.12
13 May 26SellUS$13,894,425Weichai Power Co., Ltd.Company3,330,000US$4.17
12 May 26SellUS$39,947,700Weichai Power Co., Ltd.Company9,473,688US$4.22
11 May 26SellUS$10,021,378Weichai Power Co., Ltd.Company2,399,353US$4.18
08 May 26SellUS$9,023,311Weichai Power Co., Ltd.Company2,111,111US$4.27
31 Mar 26SellUS$55,225Kate IgbalodeIndividual22,930US$2.41
18 Mar 26SellUS$51,855Kerry HillierIndividual19,347US$2.68
17 Mar 26SellUS$12,770Jay MurrayIndividual5,000US$2.55
27 Aug 25SellUS$44,186David MucciacciaroIndividual21,346US$2.07
12 Aug 25SellUS$1,208,724R. MacEwenIndividual698,215US$1.75

Insider Trading Volume

Insider Buying: BLDP insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of BLDP?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders276,5340.0917%
Public Companies31,102,82610.3%
Institutions106,605,43435.4%
General Public163,491,05554.2%

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

Top Shareholders

Top 25 shareholders own 41.91% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
10.3%
Weichai Power Co., Ltd.
31,102,826US$161.2m-32.6%3.72%
4.7%
BlackRock, Inc.
14,165,608US$73.4m0%no data
4.09%
Two Sigma Investments, LP
12,343,152US$64.0m82.3%0.05%
4.01%
Morgan Stanley
12,086,379US$62.7m-5.53%no data
2.75%
D. E. Shaw & Co., L.P.
8,282,852US$42.9m67.2%0.03%
2.12%
Legal & General Investment Management Limited
6,394,251US$33.1m-0.56%0.01%
1.94%
UBS Asset Management AG
5,846,780US$30.3m107%no data
1.65%
State Street Global Advisors, Inc.
4,966,330US$25.7m0.88%no data
1.31%
Invesco Capital Management LLC
3,935,790US$20.4m-20.7%no data
1.22%
BNP Paribas Financial Markets SNC
3,677,850US$19.1m-7.91%0.01%
0.96%
Citadel Advisors LLC
2,889,033US$15.0m-19.7%0.01%
0.92%
Mirae Asset Global Investments Co., Ltd.
2,782,584US$14.4m0.74%0.01%
0.84%
Van Eck Associates Corporation
2,541,740US$13.2m12%0.01%
0.7%
Qube Research & Technologies Ltd
2,109,518US$10.9m107%0.01%
0.66%
Millennium Management LLC
1,980,239US$10.3m-18%0.01%
0.64%
GWL Investment Management Ltd.
1,927,792US$10.0m5.07%0.01%
0.61%
Dimensional Fund Advisors LP
1,831,549US$9.5m18.3%no data
0.43%
Green Benefit AG
1,298,066US$6.7m0%9.11%
0.4%
JPMorgan Chase & Co.
1,202,692US$6.2m-15.2%no data
0.39%
ZKB Asset Management
1,162,499US$6.0m0%0.01%
0.34%
GSA Capital Partners LLP
1,017,775US$5.3m43.5%0.3%
0.27%
Jane Street Group, LLC
818,042US$4.2m-64.3%no data
0.23%
Storebrand Asset Management AS
683,524US$3.5m-21%0.01%
0.22%
First Trust Advisors LP
659,474US$3.4m-7.77%no data
0.21%
Mitsubishi UFJ Asset Management Co., Ltd.
630,945US$3.3m4.07%no data

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/09 01:18
End of Day Share Price 2026/06/09 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Ballard Power Systems Inc. is covered by 24 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
MacMurray WhaleATB Cormark
NEIL BEVERIDGEBernstein
Ameet ThakkarBMO Capital Markets Equity Research