ITM Power PLC
LSE:ITM
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During the last 3 months ITM Power PLC insiders have not bought any shares, and have not sold any shares. The stock price has increased by 26% over this period (open performance analysis).
The last transaction was made on
Oct 20, 2024
by
Andrew Allen
, who
bought
299.7 GBX
worth of 
ITM shares.
During the last 3 months ITM Power PLC insiders have not bought any shares, and have not sold any shares. The stock price has increased by 26% over this period (open performance analysis).
The last transaction was made on
Oct 20, 2024
by
Andrew Allen
, who
bought
299.7 GBX
worth of ITM shares.
ITM Power PLC
Glance View
ITM Power Plc engages in the business of hydrogen energy solutions. The firm provides solutions for grid balancing, energy storage and the production of renewable hydrogen for transport, renewable heat and chemicals. The firm has a range of product platforms based on Proton Exchange Membrane (PEM) technology. The firm's products include HGas1SP, HGas2SP and HGasXMW. HGas1SP is a smallest containerised PEM electrolyser system. The HGas1SP Plug Play product includes a single ITM Power PEM electrolyser stack to produce self-pressurised hydrogen gas. Its HGas2SP Plug Play product includes two ITM power PEM electrolyser stacks to produce self-pressurised hydrogen gas. The HgasXMW product is an electrolyser system built based on modules of three ITM power stacks. The company is suitable for hydrogen fuel stations of truck, train and marine, refinery hydrogen, decarbonising heat and grid balancing markets.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
