Fjarde AP Fonden Fourth Swedish National Pension Fund Buys Shares of 35,600 Bloom Energy Corporation $BE

Fjarde AP Fonden Fourth Swedish National Pension Fund bought a new stake in shares of Bloom Energy Corporation (NYSE:BE) during the 4th quarter, HoldingsChannel reports. The firm bought 35,600 shares of the company’s stock, valued at approximately $3,093,000.

Several other institutional investors and hedge funds also recently bought and sold shares of BE. WPG Advisers LLC grew its stake in Bloom Energy by 26.4% during the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after acquiring an additional 67 shares in the last quarter. Hantz Financial Services Inc. grew its stake in Bloom Energy by 45.5% during the 4th quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock valued at $28,000 after acquiring an additional 100 shares in the last quarter. Fifth Third Bancorp purchased a new position in Bloom Energy during the 3rd quarter valued at about $32,000. NewEdge Advisors LLC grew its stake in Bloom Energy by 674.7% during the 1st quarter. NewEdge Advisors LLC now owns 1,867 shares of the company’s stock valued at $37,000 after acquiring an additional 1,626 shares in the last quarter. Finally, Lodestone Wealth Management LLC purchased a new position in Bloom Energy during the 4th quarter valued at about $43,000. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Insider Buying and Selling at Bloom Energy

In other news, CAO Maciej Kurzymski sold 6,229 shares of Bloom Energy stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $293.36, for a total transaction of $1,827,339.44. Following the completion of the sale, the chief accounting officer directly owned 81,945 shares in the company, valued at $24,039,385.20. The trade was a 7.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Shawn Marie Soderberg sold 2,746 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $259.42, for a total value of $712,367.32. Following the completion of the sale, the insider owned 135,107 shares of the company’s stock, valued at approximately $35,049,457.94. This trade represents a 1.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 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 Stock Down 3.7%

Shares of Bloom Energy stock opened at $253.74 on Tuesday. The firm has a market cap of $72.17 billion, a price-to-earnings ratio of -5,073.79 and a beta of 3.74. The company has a debt-to-equity ratio of 2.90, a current ratio of 5.03 and a quick ratio of 4.10. Bloom Energy Corporation has a 52-week low of $20.93 and a 52-week high of $322.83. The stock has a 50-day simple moving average of $236.53 and a 200-day simple moving average of $167.38.

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

Analyst Upgrades and Downgrades

BE has been the topic of several research analyst reports. Morgan Stanley reaffirmed an “overweight” rating and set a $310.00 target price on shares of Bloom Energy in a research note on Wednesday, April 29th. Roth Mkm set a $225.00 target price on Bloom Energy in a research note on Wednesday, April 29th. Barclays lifted their target price on Bloom Energy to $254.00 and gave the company an “equal weight” rating in a research note on Monday, May 11th. Citigroup reiterated a “neutral” rating on shares of Bloom Energy in a report on Thursday, May 28th. Finally, Susquehanna lifted their price target on Bloom Energy to $293.00 and gave the company a “positive” rating in a report on Wednesday, April 29th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $217.48.

Bloom Energy Profile

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.