ITM Power (LON:ITM) Insider Simon Bourne Purchases 241 Shares of Stock

ITM Power Plc (LON:ITM) insider Simon Bourne acquired 241 shares of ITM Power stock in a transaction dated Monday, February 16th. The shares were bought at an average cost of GBX 62 per share, with a total value of £149.42.

Simon Bourne also recently made the following trade(s):

• On Thursday, January 15th, Simon Bourne bought 227 shares of ITM Power stock. The shares were bought at an average cost of GBX 66 per share, for a total transaction of £149.82.
• On Tuesday, December 16th, Simon Bourne purchased 466 shares of ITM Power stock. The stock was bought at an average cost of GBX 64 per share, for a total transaction of £298.24.

ITM Power Price Performance

LON ITM opened at GBX 68 on Thursday. The company has a current ratio of 4.17, a quick ratio of 7.56 and a debt-to-equity ratio of 4.73. ITM Power Plc has a 1 year low of GBX 25.08 and a 1 year high of GBX 98.45. The company has a market cap of £418.99 million, a PE ratio of -13.60 and a beta of 2.03. The stock’s 50-day moving average price is GBX 64.10 and its two-hundred day moving average price is GBX 69.89.

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

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on ITM shares. UBS Group restated a “neutral” rating and issued a GBX 60 target price on shares of ITM Power in a report on Friday, January 16th. Berenberg Bank reissued a “buy” rating and issued a GBX 100 price objective on shares of ITM Power in a research note on Thursday, January 29th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 91.67.

Key Stories Impacting ITM Power

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.

ITM Power Company Profile

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.