Graticule Asia Macro Advisors LLC Invests $402.49 Million in Bloom Energy Corporation $BE

Graticule Asia Macro Advisors LLC acquired a new stake in Bloom Energy Corporation (NYSE:BE) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 4,759,305 shares of the company’s stock, valued at approximately $402,494,000. Bloom Energy accounts for about 91.9% of Graticule Asia Macro Advisors LLC’s portfolio, making the stock its biggest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BE. Wealthcare Advisory Partners LLC acquired a new position in shares of Bloom Energy during the 3rd quarter valued at about $308,000. GSA Capital Partners LLP grew its stake in shares of Bloom Energy by 50.5% in the 3rd quarter. GSA Capital Partners LLP now owns 23,304 shares of the company’s stock valued at $1,971,000 after buying an additional 7,818 shares during the period. Rothschild Investment LLC boosted its stake in Bloom Energy by 74.4% during the third quarter. Rothschild Investment LLC now owns 680 shares of the company’s stock worth $58,000 after buying an additional 290 shares during the period. Vanguard Group Inc. boosted its position in shares of Bloom Energy by 6.3% during the third quarter. Vanguard Group Inc. now owns 20,807,920 shares of the company’s stock worth $1,759,726,000 after buying an additional 1,240,819 shares during the period. Finally, Fifth Third Bancorp acquired a new position in shares of Bloom Energy in the third quarter valued at approximately $32,000. Institutional investors and hedge funds own 77.04% of the company’s stock.

Bloom Energy Stock Performance

BE stock opened at $144.91 on Wednesday. The stock’s 50 day simple moving average is $123.63 and its 200 day simple moving average is $98.78. Bloom Energy Corporation has a 12-month low of $15.15 and a 12-month high of $176.49. The firm has a market cap of $40.65 billion, a P/E ratio of -381.34, a P/E/G ratio of 5.78 and a beta of 3.07. The company has a current ratio of 5.98, a quick ratio of 4.95 and a debt-to-equity ratio of 3.54.

Bloom Energy (NYSE:BE) last issued its earnings results on Thursday, February 5th. The company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.20. Bloom Energy had a negative net margin of 4.37% and a positive return on equity of 7.88%. The company had revenue of $777.68 million for the quarter, compared to analysts’ expectations of $647.59 million. During the same period in the prior year, the company earned $0.43 earnings per share. The firm’s revenue was up 35.9% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. As a group, equities research analysts predict that Bloom Energy Corporation will post -0.23 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have commented on BE shares. Barclays assumed coverage on shares of Bloom Energy in a research note on Wednesday, January 28th. They issued an “equal weight” rating and a $153.00 price target on the stock. TD Cowen lifted their price target on Bloom Energy to $160.00 and gave the company a “hold” rating in a research note on Friday, February 6th. UBS Group reiterated a “buy” rating and set a $170.00 price target on shares of Bloom Energy in a research report on Friday, February 6th. Zacks Research upgraded Bloom Energy from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 6th. Finally, Wells Fargo & Company upped their price objective on shares of Bloom Energy to $130.00 and gave the company an “equal weight” rating in a research note on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $130.50.

Insider Transactions at Bloom Energy

In related news, insider Maciej Kurzymski sold 3,264 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $86.48, for a total transaction of $282,270.72. Following the completion of the transaction, the insider owned 90,005 shares in the company, valued at $7,783,632.40. The trade was a 3.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Satish Chitoori sold 431 shares of the stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $88.12, for a total value of $37,979.72. Following the completion of the sale, the insider directly owned 229,449 shares in the company, valued at $20,219,045.88. This represents a 0.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 3.50% of the company’s stock.

About Bloom Energy

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.