CTC Alternative Strategies Ltd. Has $409,000 Position in Bloom Energy Corporation $BE

CTC Alternative Strategies Ltd. lessened its holdings in shares of Bloom Energy Corporation (NYSE:BE) by 65.4% in the second quarter, according to its most recent filing with the SEC. The firm owned 1,350 shares of the company’s stock after selling 2,550 shares during the period. CTC Alternative Strategies Ltd.’s holdings in Bloom Energy were worth $409,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. Geode Capital Management LLC lifted its holdings in shares of Bloom Energy by 5.4% in the fourth quarter. Geode Capital Management LLC now owns 5,277,461 shares of the company’s stock valued at $461,272,000 after purchasing an additional 269,662 shares in the last quarter. Brooklands Fund Management Ltd bought a new position in Bloom Energy in the 4th quarter valued at about $347,560,000. Amundi boosted its stake in Bloom Energy by 390.7% in the 4th quarter. Amundi now owns 3,154,197 shares of the company’s stock valued at $274,068,000 after purchasing an additional 2,511,426 shares during the period. Norges Bank acquired a new position in shares of Bloom Energy in the fourth quarter valued at about $239,683,000. Finally, Jennison Associates LLC boosted its stake in shares of Bloom Energy by 20,074.4% in the first quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock valued at $364,066,000 after buying an additional 2,673,710 shares during the period. Institutional investors own 77.04% of the company’s stock.

Insider Activity

In related news, Director Jeffrey R. Immelt sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $238.91, for a total transaction of $7,167,300.00. Following the completion of the sale, the director directly owned 201,243 shares in the company, valued at approximately $48,078,965.13. The trade was a 12.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Aman Joshi sold 4,677 shares of Bloom Energy stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $241.75, for a total transaction of $1,130,664.75. Following the transaction, the insider directly owned 159,130 shares in the company, valued at $38,469,677.50. This represents a 2.86% decrease in their position. 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. Over the last ninety days, insiders have sold 89,464 shares of company stock worth $22,131,255. 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: AI data-center demand remains the primary bullish catalyst. Bloom’s solid-oxide fuel cells can provide onsite electricity much faster than traditional grid infrastructure, supporting demand from data centers with urgent power needs. Analysts and bullish investors point to expanding deployments, constructive backlog expectations and the potential for backlog growth beyond the company’s previously reported $20 billion level. Prediction: Bloom Energy’s Backlog Will Top $50 Billion Before Year’s End
• Positive Sentiment: Power Connect could improve execution and accelerate revenue conversion. Bloom says its factory-integrated system pre-wires and tests equipment before delivery, potentially reducing onsite installation time by more than 40% and making the company’s solutions more attractive for rapidly expanding AI infrastructure projects. Bloom Energy Is Up 7.6% After Launching Power Connect To Speed Data Center Deployments
• Positive Sentiment: Recent fundamentals and comparisons remain supportive. Bloom recently exceeded quarterly EPS and revenue expectations, while coverage has highlighted its stronger AI-power growth outlook relative to FuelCell Energy and other energy-storage competitors. Bloom Energy vs. FuelCell Energy: Which Fuel Cell Stock Has an Edge?

Wall Street Analysts Forecast Growth

Several brokerages have commented on BE. Wall Street Zen downgraded Bloom Energy from a “buy” rating to a “hold” rating in a research note on Saturday. Truist Financial reduced their target price on Bloom Energy from $250.00 to $218.00 and set a “hold” rating for the company in a research note on Wednesday, July 29th. BMO Capital Markets lowered their target price on shares of Bloom Energy from $279.00 to $227.00 and set a “market perform” rating on the stock in a report on Wednesday, July 29th. Citigroup restated a “hold” rating on shares of Bloom Energy in a report on Thursday, July 16th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Bloom Energy in a research report on Tuesday, July 21st. Three investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $248.05.

Bloom Energy Stock Performance

NYSE:BE opened at $209.37 on Monday. The firm’s fifty day simple moving average is $235.51 and its 200 day simple moving average is $219.52. The company has a quick ratio of 3.41, a current ratio of 4.09 and a debt-to-equity ratio of 1.59. The stock has a market cap of $61.67 billion, a P/E ratio of 279.16, a price-to-earnings-growth ratio of 2.89 and a beta of 3.79. Bloom Energy Corporation has a twelve month low of $48.87 and a twelve month high of $351.28.

Bloom Energy (NYSE:BE) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.39. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The firm had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $826.13 million. During the same period in the previous year, the firm posted $0.10 EPS. The business’s revenue for the quarter was up 165.5% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, research analysts predict that Bloom Energy Corporation will post 1.92 EPS for the current year.

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.