Insigneo Advisory Services LLC Takes $544,000 Position in Bloom Energy Corporation $BE

Insigneo Advisory Services LLC acquired a new position in Bloom Energy Corporation (NYSE:BE) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 6,428 shares of the company’s stock, valued at approximately $544,000.

Several other large investors have also recently added to or reduced their stakes in the business. Bayforest Capital Ltd acquired a new position in Bloom Energy during the 1st quarter worth $2,055,000. AQR Capital Management LLC acquired a new position in shares of Bloom Energy during the first quarter valued at $1,820,000. NewEdge Advisors LLC raised its stake in shares of Bloom Energy by 674.7% during the first quarter. NewEdge Advisors LLC now owns 1,867 shares of the company’s stock valued at $37,000 after purchasing an additional 1,626 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in Bloom Energy by 50.3% in the first quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company’s stock worth $49,127,000 after purchasing an additional 836,810 shares during the period. Finally, Focus Partners Wealth grew its position in Bloom Energy by 30.7% in the 1st quarter. Focus Partners Wealth now owns 20,063 shares of the company’s stock valued at $394,000 after buying an additional 4,716 shares in the last quarter. 77.04% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Bloom Energy

In related news, Director Gary S. Pinkus sold 1,250 shares of the stock in a transaction on Friday, February 27th. The stock was sold at an average price of $165.80, for a total value of $207,250.00. Following the completion of the transaction, the director owned 4,149 shares in the company, valued at $687,904.20. This trade represents a 23.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Satish Chitoori sold 1,521 shares of Bloom Energy stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $139.37, for a total value of $211,981.77. Following the completion of the transaction, the insider directly owned 230,017 shares in the company, valued at $32,057,469.29. This represents a 0.66% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 268,788 shares of company stock valued at $45,575,889 over the last 90 days. 3.60% of the stock is owned by insiders.

Bloom Energy Stock Down 3.0%

BE stock opened at $159.87 on Friday. The firm has a market cap of $44.85 billion, a PE ratio of -420.71, a P/E/G ratio of 6.73 and a beta of 3.11. Bloom Energy Corporation has a 12 month low of $15.15 and a 12 month high of $180.90. The company has a debt-to-equity ratio of 3.54, a current ratio of 5.98 and a quick ratio of 4.95. The firm has a 50 day simple moving average of $140.35 and a 200 day simple moving average of $108.05.

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

Analyst Ratings Changes

A number of analysts have commented on the stock. Mizuho boosted their price target on shares of Bloom Energy to $110.00 and gave the stock a “neutral” rating in a research report on Monday, February 9th. China Renaissance initiated coverage on shares of Bloom Energy in a research note on Wednesday, January 28th. They set a “buy” rating and a $207.00 price objective on the stock. Morgan Stanley boosted their target price on Bloom Energy to $184.00 and gave the stock an “overweight” rating in a report on Friday, February 6th. Jefferies Financial Group set a $102.00 target price on Bloom Energy in a research report on Tuesday, February 10th. Finally, Bank of America set a $39.00 price target on Bloom Energy in a research note on Tuesday, November 25th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $131.87.

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.