Bloom Energy (NYSE:BE) Insider Sells $1,387,106.60 in Stock

Bloom Energy Corporation (NYSE:BEGet Free Report) insider Aman Joshi sold 4,813 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $288.20, for a total transaction of $1,387,106.60. Following the sale, the insider owned 175,708 shares of the company’s stock, valued at approximately $50,639,045.60. The trade was a 2.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Aman Joshi also recently made the following trade(s):

  • On Wednesday, April 1st, Aman Joshi sold 10,000 shares of Bloom Energy stock. The shares were sold at an average price of $135.88, for a total transaction of $1,358,800.00.
  • On Monday, March 16th, Aman Joshi sold 19,944 shares of Bloom Energy stock. The stock was sold at an average price of $154.85, for a total transaction of $3,088,328.40.
  • On Wednesday, February 25th, Aman Joshi sold 10,000 shares of Bloom Energy stock. The stock was sold at an average price of $175.60, for a total transaction of $1,756,000.00.
  • On Tuesday, February 17th, Aman Joshi sold 3,746 shares of Bloom Energy stock. The stock was sold at an average price of $139.81, for a total transaction of $523,728.26.

Bloom Energy Trading Down 6.2%

Shares of Bloom Energy stock traded down $17.02 during trading on Monday, reaching $258.93. 10,956,661 shares of the stock were exchanged, compared to its average volume of 10,262,570. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90. The stock’s fifty day moving average is $195.89 and its 200 day moving average is $150.45. The firm has a market cap of $73.65 billion, a price-to-earnings ratio of -5,177.58 and a beta of 3.82. Bloom Energy Corporation has a 1 year low of $17.01 and a 1 year high of $310.00.

Bloom Energy (NYSE:BEGet Free Report) last posted its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.32. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The company had revenue of $751.05 million during the quarter, compared to analyst estimates of $539.94 million. During the same period in the prior year, the business posted $0.03 earnings per share. Bloom Energy’s revenue for the quarter was up 130.4% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, equities research analysts expect that Bloom Energy Corporation will post 1.31 earnings per share for the current fiscal year.

Bloom Energy News Roundup

Here are the key news stories impacting Bloom Energy this week:

Institutional Investors Weigh In On Bloom Energy

Several institutional investors and hedge funds have recently made changes to their positions in BE. Blue Trust Inc. increased its position in shares of Bloom Energy by 37.2% during the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock valued at $25,000 after acquiring an additional 51 shares in the last quarter. Anchor Investment Management LLC bought a new stake in shares of Bloom Energy during the first quarter valued at approximately $27,000. WPG Advisers LLC grew its position in Bloom Energy by 26.4% in the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock worth $28,000 after purchasing an additional 67 shares during the period. Hantz Financial Services Inc. grew its position in Bloom Energy by 45.5% in the 4th quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock worth $28,000 after purchasing an additional 100 shares during the period. Finally, Godsey & Gibb Inc. grew its position in Bloom Energy by 2,000.0% in the 1st quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock worth $28,000 after purchasing an additional 200 shares during the period. Institutional investors own 77.04% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Royal Bank Of Canada raised their price objective on shares of Bloom Energy to $335.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Jefferies Financial Group upgraded shares of Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 price objective for the company in a report on Tuesday, April 14th. Morgan Stanley restated an “overweight” rating and issued a $310.00 price objective on shares of Bloom Energy in a report on Wednesday, April 29th. Roth Mkm set a $225.00 target price on shares of Bloom Energy in a research note on Wednesday, April 29th. Finally, TD Cowen raised their target price on shares of Bloom Energy to $235.00 and gave the company a “hold” rating in a research note on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $217.48.

View Our Latest Report on BE

Bloom Energy Company Profile

(Get Free Report)

Bloom Energy is a clean energy technology company that designs, manufactures and deploys solid oxide fuel cell systems for on-site power generation. Its flagship product, the Bloom Energy Server, converts natural gas, biogas or hydrogen into electricity through an electrochemical reaction, offering customers a reliable, low-carbon alternative to grid power. The company also provides a suite of services that includes system installation, remote monitoring and preventative maintenance to ensure long-term performance and uptime.

Founded in 2001 by Dr.

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Insider Buying and Selling by Quarter for Bloom Energy (NYSE:BE)

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