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Plug Power Inc (PLUG) COO & Sr. VP Keith Schmid Sold $11.7 million of Shares

GuruFocus.com
·2 mins read

- By insider

COO & Sr. VP of Plug Power Inc (30-Year Financial, Insider Trades) Keith Schmid (insider trades) sold 650,000 shares of PLUG on 10/07/2020 at an average price of $18 a share. The total sale was $11.7 million.


Plug Power Inc provides alternative energy technology. It is engaged in the design, development, commercialization and manufacture of hydrogen fuel cell systems used for the industrial off-road market and the stationary power market. Plug Power Inc has a market cap of $7.4 billion; its shares were traded at around $18.43 with and P/S ratio of 19.09. Plug Power Inc had annual average EBITDA growth of 24.00% over the past ten years. GuruFocus has detected 2 severe warning signs with Plug Power Inc. .

Directors and Officers Recent Trades:

  • COO & Sr. VP Keith Schmid sold 650,000 shares of PLUG stock on 10/07/2020 at the average price of $18. The price of the stock has increased by 2.39% since.

  • COO & Sr. VP Keith Schmid sold 166,667 shares of PLUG stock on 10/06/2020 at the average price of $15.52. The price of the stock has increased by 18.75% since.

  • Corporate Controller and CAO Martin Daniel Hull sold 68,565 shares of PLUG stock on 10/05/2020 at the average price of $14.87. The price of the stock has increased by 23.94% since.

  • Director Maureen O Helmer sold 35,000 shares of PLUG stock on 10/05/2020 at the average price of $15. The price of the stock has increased by 22.87% since.

  • COO & Sr. VP Keith Schmid sold 83,333 shares of PLUG stock on 10/01/2020 at the average price of $14. The price of the stock has increased by 31.64% since.

For the complete insider trading history of PLUG, click here

.This article first appeared on GuruFocus.