Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Plug Power Inc shares valued at $250,390 were purchased by MIDDLETON PAUL B on May 16 ’25. At $0.72 per share, MIDDLETON PAUL B acquired 350,000 shares. The insider’s holdings grew to 1,908,064 shares worth approximately $1.47 million following the completion of this transaction.
Also, MCNAMEE GEORGE C sold 10,000 shares, netting a total of over 20,916 in proceeds. Following the sale of shares at $2.09 each, the insider now holds 684,782 shares.
Before that, MSSB C/FGEORGE C MCNAMEEIRA RO had added 10,000 shares to its account. In a trade valued at $19,600, the Officer bought Plug Power Inc shares for $1.96 each.
As published in a research note from Seaport Research Partners on January 27, 2025, Plug Power Inc [PLUG] has been rated down from a Neutral to a Sell and the price target has been revised to $1. Analysts at BTIG Research downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid November. As of April 05, 2024, Citigroup has decreased its “Neutral” rating to a “Sell” for PLUG. Earlier on February 06, 2024, Redburn Atlantic initiated its rating. Their recommendation was “a Neutral” for PLUG stock.
Analyzing PLUG Stock Performance
During the last five days, there has been a drop of approximately -2.42%. Over the course of the year, Plug Power Inc shares have dropped approximately -64.02%. Shares of the company reached a 52-week high of $3.3200 on 01/07/25 and a 52-week low of $0.6900 on 05/16/25. A 50-day SMA is recorded $1.1110, while a 200-day SMA reached $1.8425.
Support And Resistance Levels for Plug Power Inc (PLUG)
According to the 24-hour chart, there is a support level at 0.7413, which, if violated, would cause prices to drop to 0.7164. In the upper region, resistance lies at 0.8029. The next price resistance is at 0.8396. RSI (Relative Strength Index) is 39.77 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0112, which suggests the price will decrease in the coming days. Percent R is at 69.23%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
