ITM Power (LON:ITM) Insider Dennis Schulz Buys 241 Shares

ITM Power Plc (LON:ITM) insider Dennis Schulz purchased 241 shares of the firm’s stock in a transaction dated Monday, February 16th. The stock was bought at an average cost of GBX 62 per share, for a total transaction of £149.42.

Dennis Schulz also recently made the following trade(s):

• On Thursday, January 15th, Dennis Schulz acquired 227 shares of ITM Power stock. The shares were bought at an average cost of GBX 66 per share, with a total value of £149.82.
• On Tuesday, December 16th, Dennis Schulz bought 466 shares of ITM Power stock. The stock was bought at an average price of GBX 64 per share, with a total value of £298.24.

ITM Power Trading Up 1.9%

LON ITM opened at GBX 68 on Thursday. The company has a quick ratio of 7.56, a current ratio of 4.17 and a debt-to-equity ratio of 4.73. The stock’s 50-day simple moving average is GBX 64.10 and its two-hundred day simple moving average is GBX 69.89. ITM Power Plc has a twelve month low of GBX 25.08 and a twelve month high of GBX 98.45. The company has a market capitalization of £418.99 million, a price-to-earnings ratio of -13.60 and a beta of 2.03.

ITM Power (LON:ITM) last announced its quarterly earnings data on Thursday, January 29th. The company reported GBX (2.30) EPS for the quarter. ITM Power had a negative net margin of 164.90% and a negative return on equity of 9.97%. Research analysts forecast that ITM Power Plc will post -8.9214682 EPS for the current fiscal year.

More ITM Power News

Here are the key news stories impacting ITM Power this week:

• Positive Sentiment: ITM raised FY26 revenue guidance and cited strong project progress after recent contract wins — a driver for renewed investor optimism and buying interest. ITM Power raises revenue guidance after recent contract wins ITM Power lifts revenue guidance for FY26; stock gains 4%
• Positive Sentiment: Insider buying reported: two company insiders (Simon Bourne and Dennis Schulz) each purchased 241 shares at GBX 62 on Feb 16 — a signal of insider confidence, though the monetary size was modest. Insider Buying: ITM Power (LON:ITM) Insider Buys 241 Shares of Stock
• Neutral Sentiment: Wider market coverage picked up the story (UK market roundups and regional press), amplifying visibility but not adding new company detail. UK Stock Market News: IHG, ITM Power, Debenhams
• Negative Sentiment: Note the insider purchases were small in cash value, so their signal is limited; investors should still weigh the company’s broader fundamentals and track record on profitability and execution before extrapolating from these moves.

Wall Street Analyst Weigh In

ITM has been the subject of a number of research reports. UBS Group reaffirmed a “neutral” rating and issued a GBX 60 price objective on shares of ITM Power in a research note on Friday, January 16th. Berenberg Bank restated a “buy” rating and set a GBX 100 price target on shares of ITM Power in a research report on Thursday, January 29th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 91.67.

About ITM Power

ITM Power was founded in 2000, and ITM Power PLC was admitted to the London Stock Exchange’s AIM market in 2004.

Headquartered in Sheffield, England, ITM Power designs and manufactures electrolysers based on proton exchange membrane (PEM) technology to produce green hydrogen, the only net zero energy gas, using renewable electricity and water.