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Ballard Power Systems Inc. Stock: price and insider trades · Canada
CA·Mcap CA$955M
Ballard Power Systems Inc.: what insiders have been doing
Every trade that managers of Ballard Power Systems Inc. disclose to SEDI is tracked on this page. The company is based in Burnaby, Canada. It was founded in 1979. 13 insiders have disclosed 34 filings since 18 October 2025.
Only sales appear on the open market, 2 sales in all totalling €662k, filed by 2 insiders. One trade stands out by size: a sale of €331k from Weichai Power Co., Ltd., disclosed on 8 July 2026, or 0.051% of market capitalisation.
The median gap between a trade and its publication by SEDI is 6 days. Until a filing is published, the market cannot know about the trade. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning.
Across the 2,121 companies tracked on its exchange, the median is 11 filings; at 34 filings, this issuer sits above that mark. The full history, which starts in 2026, counts no purchases against 2 sales.
These figures are compiled from regulatory filings published by SEDI. They describe what insiders did and are not a recommendation.
Insider Decl.
34
Thresholds
n/a
Buy Volume
n/a
n/a
Sell Volume
€661,544
2 ops. · all time
Who traded when
BuySaleWeichai Power Co., Ltd.1 sale
Weichai Power Hong Kong International Development Co., Limited1 sale
Analyst consensus: bullish or bearish?
Analysts rate Ballard Power Systems Inc. Hold (neutral), based on 2 analysts. Average price target: CA$4.67.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 23,498 of 24,148 companies
11.8
score / 100
Value17
Quality7
FCF yld-8.4%
Earn yld-12%
EV/EBITDA·
ROE-13%
Gross mgn5.5%
Net mgn-91%
Debt/EBITDA·
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
CA$2.72
Analyst consensus
2 analystsHold
CA$4.02Target CA$4.67(+72%)CA$5.33
Income statement
RevenueCA$99.4M
Gross profitCA$5.5M5% margin
EBITDA-CA$84.8M-85% margin
Net income-CA$90.9M-72.8% margin
Valuation
PER (forward)-22.7x
P/Book1.0x
Beta1.85
Balance sheet & cash
Market capCA$955M
Total debtCA$22.1M
Free Cash Flow-CA$66.3M
Debt / Equity4%
Profitability & ownership
ROE-12.9%
ROA-4.5%
% insiders12.7%
% institutions33.3%
Last declaration on 6 October 2026
Declarations34 total
2,894 shares@ CA$2.880.0008% mcap100.0% of flowUnits Deferred Share UnitsTSXSEDI:4788600
Units Deferred Share UnitsTSXSEDI:4788598
8,681 shares@ CA$2.880.0024% mcap50.1% of flowUnits Deferred Share UnitsTSXSEDI:4788592
8,681 shares@ CA$2.880.0024% mcap33.5% of flowUnits Deferred Share UnitsTSXSEDI:4788587
8,681 shares@ CA$2.880.0024% mcap25.4% of flowUnits Deferred Share UnitsTSXSEDI:4788575
59,536 shares@ CA$2.970.017% mcap20.2% of flowUnits Performance Share UnitsTSXSEDI:4787023
19,844 shares@ CA$2.970.0057% mcap6.7% of flowUnits Restricted Share UnitsTSXSEDI:4787020
88,534 shares@ CA$2.970.025% mcap30.1% of flowUnits Performance Share UnitsTSXSEDI:4787014
34,704 shares@ CA$2.970.0100% mcap11.8% of flowUnits Performance Share UnitsTSXSEDI:4787012
19,674 shares@ CA$2.970.0057% mcap6.7% of flowUnits Restricted Share UnitsTSXSEDI:4787011
41,168 shares@ CA$2.970.012% mcap14.0% of flowCommon SharesTSXSEDI:4787009
16,137 shares@ CA$2.970.0046% mcap5.5% of flowCommon SharesTSXSEDI:4787008
9,148 shares@ CA$2.970.0026% mcap3.1% of flowCommon SharesTSXSEDI:4787007
1,793 shares@ CA$2.970.0005% mcap0.6% of flowCommon SharesTSXSEDI:4787005
3,857 shares@ CA$2.970.0011% mcap1.3% of flowUnits Restricted Share UnitsTSXSEDI:4786999
Units Restricted Share UnitsTSXSEDI:4780664
Common SharesTSXSEDI:4780663
16,132 shares@ CA$2.370.0036% mcap11.1% of flowCommon SharesTSXSEDI:4777386
26,600 shares@ CA$2.370.0060% mcap18.3% of flowUnits Restricted Share UnitsTSXSEDI:4777385
108,333 shares@ CA$2.250.023% mcap70.5% of flowUnits Performance Share UnitsTSXSEDI:4772740
Common SharesTSXSEDI:4771186
Common SharesTSXSEDI:4771182
441,176 shares@ CA$2.670.11% mcap71.3% of flowUnits Performance Share UnitsTSXSEDI:4757687
220,588 shares@ CA$2.150.045% mcap28.7% of flowUnits Performance Share UnitsTSXSEDI:4757685
151,350 shares@ CA$3.55420.051% mcap100.0% of flowCommon SharesTSXSEDI:4748648
25 of 34 declarations
About Ballard Power Systems Inc.
Ballard Power Systems Inc. is a Canadian company focused on developing hydrogen fuel cell technologies. It specializes in applications for transportation, stationary power, and energy generation systems.
