Transatlantique Private Wealth LLC Has $534,000 Stock Position in Bloom Energy Corporation $BE

Transatlantique Private Wealth LLC decreased its stake in Bloom Energy Corporation (NYSE:BEFree Report) by 37.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,144 shares of the company’s stock after selling 3,619 shares during the quarter. Transatlantique Private Wealth LLC’s holdings in Bloom Energy were worth $534,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of BE. WPG Advisers LLC boosted its position in shares of Bloom Energy by 26.4% in the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after purchasing an additional 67 shares during the period. Hantz Financial Services Inc. boosted its position in shares of Bloom Energy by 45.5% in the 4th quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock valued at $28,000 after purchasing an additional 100 shares during the period. Fifth Third Bancorp acquired a new position in shares of Bloom Energy in the 3rd quarter valued at $32,000. NewEdge Advisors LLC boosted its position in shares of Bloom Energy by 674.7% in the 1st quarter. NewEdge Advisors LLC now owns 1,867 shares of the company’s stock valued at $37,000 after purchasing an additional 1,626 shares during the period. Finally, Lodestone Wealth Management LLC acquired a new position in shares of Bloom Energy in the 4th quarter valued at $43,000. Institutional investors and hedge funds own 77.04% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on BE shares. Royal Bank Of Canada increased their price target on Bloom Energy to $335.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. TD Cowen increased their price target on Bloom Energy to $235.00 and gave the company a “hold” rating in a research report on Wednesday, April 29th. BTIG Research increased their price target on Bloom Energy to $295.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Citigroup reiterated a “neutral” rating on shares of Bloom Energy in a research report on Thursday, May 28th. Finally, Barclays raised their price objective on Bloom Energy to $254.00 and gave the stock an “equal weight” rating in a research report on Monday, May 11th. 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 issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $217.48.

View Our Latest Stock Report on Bloom Energy

Bloom Energy Trading Down 5.1%

Shares of NYSE BE opened at $287.38 on Thursday. Bloom Energy Corporation has a one year low of $19.97 and a one year high of $322.83. The firm has a market capitalization of $81.74 billion, a PE ratio of -5,746.53 and a beta of 3.73. The company has a current ratio of 5.03, a quick ratio of 4.10 and a debt-to-equity ratio of 2.90. The business has a 50-day moving average price of $228.90 and a two-hundred day moving average price of $163.94.

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

Insider Buying and Selling at Bloom Energy

In other news, insider Shawn Marie Soderberg sold 2,746 shares of Bloom Energy stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $259.42, for a total transaction of $712,367.32. Following the completion of the sale, the insider directly owned 135,107 shares in the company, valued at $35,049,457.94. The trade was a 1.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Maciej Kurzymski sold 6,229 shares of Bloom Energy stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $293.36, for a total value of $1,827,339.44. Following the sale, the chief accounting officer owned 81,945 shares of the company’s stock, valued at approximately $24,039,385.20. This represents a 7.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 323,777 shares of company stock worth $71,485,514 over the last quarter. Insiders own 3.00% of the company’s stock.

Bloom Energy News Roundup

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

About Bloom Energy

(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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Institutional Ownership by Quarter for Bloom Energy (NYSE:BE)

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