Bloom Energy Corporation $BE Shares Sold by Trivest Advisors Ltd

Trivest Advisors Ltd cut its position in shares of Bloom Energy Corporation (NYSE:BE) by 12.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 980,000 shares of the company’s stock after selling 145,000 shares during the period. Bloom Energy accounts for 9.6% of Trivest Advisors Ltd’s holdings, making the stock its 5th biggest position. Trivest Advisors Ltd’s holdings in Bloom Energy were worth $132,780,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SEB Asset Management AB acquired a new position in shares of Bloom Energy in the first quarter worth about $6,264,000. Swiss National Bank boosted its stake in shares of Bloom Energy by 8.2% during the 1st quarter. Swiss National Bank now owns 659,400 shares of the company’s stock worth $89,342,000 after acquiring an additional 50,200 shares in the last quarter. Hanseatic Management Services Inc. acquired a new stake in shares of Bloom Energy during the 1st quarter valued at about $1,399,000. Mediolanum International Funds Ltd grew its position in shares of Bloom Energy by 809.4% during the 1st quarter. Mediolanum International Funds Ltd now owns 148,499 shares of the company’s stock valued at $20,120,000 after acquiring an additional 132,169 shares during the period. Finally, Jennison Associates LLC increased its stake in shares of Bloom Energy by 20,074.4% in the 1st quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock valued at $364,066,000 after purchasing an additional 2,673,710 shares in the last quarter. Institutional investors and hedge funds own 77.04% of the company’s stock.

Bloom Energy Price Performance

Shares of Bloom Energy stock opened at $213.88 on Monday. The stock has a market capitalization of $60.84 billion, a P/E ratio of -4,276.78 and a beta of 3.73. The business has a 50 day simple moving average of $278.38 and a two-hundred day simple moving average of $203.21. Bloom Energy Corporation has a 12 month low of $24.04 and a 12 month high of $351.28. 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 (NYSE:BE) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.12 by $0.32. The firm had revenue of $751.05 million during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the prior year, the company earned $0.03 EPS. 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 1.43 EPS for the current fiscal year.

Bloom Energy News Summary

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

• Positive Sentiment: IDF and Oaktree announced a $1.7 billion investment to deploy Bloom Energy fuel cells for Nebius’ AI infrastructure, supporting growth in Bloom’s core power technology and strengthening its AI-related revenue opportunity. Reuters article
• Positive Sentiment: Additional coverage and commentary have highlighted Bloom Energy’s strong stock performance and momentum, with analysts describing it as a stock benefiting from solid quarterly results and long-term gains. Yahoo Finance article
• Neutral Sentiment: Bloom Energy has also appeared on momentum screens and in analyst-style market commentary, which may support trading interest but does not change the company’s fundamentals. Zacks article
• Negative Sentiment: Two law firms announced securities-fraud investigations into Bloom Energy following a short report, creating headline risk and raising concerns about potential disclosures or litigation. Business Wire article
• Negative Sentiment: Short-seller commentary and related reports have argued Bloom may face supply-chain risks and valuation concerns, which could pressure sentiment despite the AI deal news. Barchart article

Insider Buying and Selling at Bloom Energy

In other news, insider Shawn Marie Soderberg sold 2,842 shares of the stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $288.63, for a total value of $820,286.46. Following the completion of the sale, the insider directly owned 132,265 shares in the company, valued at $38,175,646.95. This represents a 2.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Aman Joshi sold 8,343 shares of the stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $300.37, for a total transaction of $2,505,986.91. Following the completion of the sale, the insider owned 163,807 shares of the company’s stock, valued at $49,202,708.59. This trade represents a 4.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 153,617 shares of company stock valued at $44,003,909. 3.00% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Citigroup reiterated a “hold” rating on shares of Bloom Energy in a research report on Thursday. Zacks Research lowered Bloom Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Robert W. Baird reissued an “outperform” rating and issued a $310.00 price target on shares of Bloom Energy in a research note on Thursday, July 9th. Evercore reissued an “outperform” rating and issued a $350.00 price target on shares of Bloom Energy in a report on Wednesday, July 1st. Finally, JPMorgan Chase & Co. upped their price objective on shares of Bloom Energy to $267.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Bloom Energy currently has a consensus rating of “Hold” and an average price target of $250.41.

Bloom Energy Company 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.