M Holdings Securities Inc. Acquires New Position in Bloom Energy Corporation $BE

M Holdings Securities Inc. purchased a new stake in Bloom Energy Corporation (NYSE:BE) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 3,722 shares of the company’s stock, valued at approximately $999,000.

Several other hedge funds also recently modified their holdings of the business. Jennison Associates LLC boosted its holdings in Bloom Energy by 20,074.4% during the first quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock worth $364,066,000 after purchasing an additional 2,673,710 shares during the last quarter. Bank of America Corp DE lifted its position in Bloom Energy by 6.1% during the 1st quarter. Bank of America Corp DE now owns 2,211,880 shares of the company’s stock worth $299,688,000 after buying an additional 126,649 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Bloom Energy by 78.3% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,327,549 shares of the company’s stock valued at $401,849,000 after purchasing an additional 583,135 shares during the period. Elemental Capital Partners LLC grew its position in shares of Bloom Energy by 2.5% during the 3rd quarter. Elemental Capital Partners LLC now owns 1,039,031 shares of the company’s stock worth $287,791,000 after purchasing an additional 25,625 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in shares of Bloom Energy during the 2nd quarter worth approximately $296,413,000. Institutional investors own 77.04% of the company’s stock.

Insiders Place Their Bets

In related news, Director John Chambers sold 8,828 shares of Bloom Energy stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $203.43, for a total value of $1,795,880.04. Following the sale, the director owned 199,505 shares of the company’s stock, valued at approximately $40,585,302.15. The trade was a 4.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Satish Chitoori sold 2,870 shares of the firm’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $270.06, for a total value of $775,072.20. Following the completion of the sale, the insider directly owned 202,494 shares of the company’s stock, valued at $54,685,529.64. This represents a 1.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 85,859 shares of company stock valued at $20,994,650. Company insiders own 3.00% of the company’s stock.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: Bloom’s data-center opportunity gained attention after reports highlighted about 1.6 gigawatts of fuel-cell projects, including a 900-megawatt agreement with NTT DATA and its role in Google’s planned Wyoming project. The deals reinforce demand for on-site power as data centers face grid constraints. Why Bloom Energy Stock Popped Today
• Positive Sentiment: Recent operating results provide further support: third-quarter revenue rose 138%, and Bloom raised its full-year guidance again. Is Bloom Energy Really Worth $200 Right Now? Here’s the Math.
• Neutral Sentiment: Some investors see clean, on-site fuel cells as a way for data centers to secure power while limiting pressure on the grid. That demand thesis could benefit Bloom, but its scale depends on projects moving forward and customers continuing to invest. Bloom Energy Blooming With Huge Electricity Demand
• Negative Sentiment: Valuation is a key concern: at roughly $200 a share, the stock was described as trading at more than 60 times the midpoint of projected 2026 adjusted EPS, leaving little room for execution disappointments. Is Bloom Energy Really Worth $200 Right Now? Here’s the Math.
• Negative Sentiment: Quiver’s six-month data showed 24 open-market insider sales and no purchases, a potential cautionary signal, though it does not establish the reason for those transactions. Bloom Energy rises as investors refocus on major data-center power deals

Bloom Energy Stock Up 12.0%

BE stock opened at $193.97 on Tuesday. The stock’s 50 day simple moving average is $245.69 and its 200 day simple moving average is $221.20. The company has a market cap of $57.35 billion, a P/E ratio of 119.00, a price-to-earnings-growth ratio of 2.02 and a beta of 3.63. The company has a debt-to-equity ratio of 1.33, a quick ratio of 3.08 and a current ratio of 3.74. Bloom Energy Corporation has a fifty-two week low of $75.70 and a fifty-two week high of $351.28.

Bloom Energy (NYSE:BE) last released its quarterly earnings results on Thursday, October 22nd. The company reported $0.94 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.25. Bloom Energy had a return on equity of 45.29% and a net margin of 13.53%. The business had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same period in the prior year, the firm posted $0.15 EPS. Bloom Energy’s quarterly revenue was up 138.1% compared to the same quarter last year. On average, research analysts expect that Bloom Energy Corporation will post 2.61 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on BE shares. Jefferies Financial Group restated a “hold” rating and issued a $242.00 price target on shares of Bloom Energy in a research report on Friday, October 23rd. Wells Fargo & Company increased their price objective on Bloom Energy from $176.00 to $182.00 and gave the company an “equal weight” rating in a report on Monday, October 26th. Wall Street Zen lowered Bloom Energy from a “buy” rating to a “hold” rating in a research report on Saturday, October 24th. Evercore reaffirmed an “outperform” rating on shares of Bloom Energy in a research report on Monday, October 26th. Finally, Citigroup lifted their target price on Bloom Energy from $281.00 to $284.00 and gave the stock a “neutral” rating in a report on Thursday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Bloom Energy presently has a consensus rating of “Hold” and a consensus target price of $263.05.

About Bloom Energy

Bloom Energy Corporation develops solid oxide fuel cell technology for on-site electricity generation and hydrogen production. Its Bloom Energy Server systems generate power near the point of use, helping businesses and institutions meet electricity needs and support resilient energy operations. The company also offers solid oxide electrolyzers designed to produce hydrogen.

Founded in 2001 by K.R. Sridhar, Bloom Energy is headquartered in San Jose, California. It serves customers in the United States and international markets, including countries in Asia.