Williamson Legacy Group LLC Has $1.38 Million Holdings in Bloom Energy Corporation $BE

Williamson Legacy Group LLC lessened its holdings in shares of Bloom Energy Corporation (NYSE:BE) by 57.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 15,879 shares of the company’s stock after selling 21,467 shares during the quarter. Williamson Legacy Group LLC’s holdings in Bloom Energy were worth $1,380,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in BE. Graticule Asia Macro Advisors LLC acquired a new position in shares of Bloom Energy during the 3rd quarter worth approximately $402,494,000. Trivest Advisors Ltd grew its position in shares of Bloom Energy by 1,461.6% during the 3rd quarter. Trivest Advisors Ltd now owns 3,420,000 shares of the company’s stock worth $289,229,000 after purchasing an additional 3,201,000 shares in the last quarter. Westfield Capital Management Co. LP acquired a new position in shares of Bloom Energy during the 3rd quarter worth approximately $141,679,000. Man Group plc grew its position in shares of Bloom Energy by 177.4% during the 2nd quarter. Man Group plc now owns 2,392,915 shares of the company’s stock worth $57,239,000 after purchasing an additional 1,530,167 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in shares of Bloom Energy by 6.3% during the 3rd quarter. Vanguard Group Inc. now owns 20,807,920 shares of the company’s stock worth $1,759,726,000 after purchasing an additional 1,240,819 shares in the last quarter. Institutional investors and hedge funds own 77.04% of the company’s stock.

Insider Buying and Selling at Bloom Energy

In other Bloom Energy news, CAO Maciej Kurzymski sold 6,229 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $293.36, for a total value of $1,827,339.44. Following the sale, the chief accounting officer owned 81,945 shares in the company, valued at $24,039,385.20. This trade represents a 7.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Satish Chitoori sold 2,111 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $288.24, for a total transaction of $608,474.64. Following the completion of the sale, the insider owned 210,254 shares in the company, valued at $60,603,612.96. This represents a 0.99% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 270,027 shares of company stock worth $55,319,814 in the last three months. Company insiders own 3.00% of the company’s stock.

Bloom Energy Stock Performance

NYSE BE opened at $302.42 on Wednesday. The company has a current ratio of 5.03, a quick ratio of 4.10 and a debt-to-equity ratio of 2.90. The firm has a market capitalization of $86.02 billion, a price-to-earnings ratio of -6,047.19 and a beta of 3.82. The firm’s 50 day simple moving average is $212.84 and its 200 day simple moving average is $157.16. Bloom Energy Corporation has a 1 year low of $18.12 and a 1 year high of $322.83.

Bloom Energy (NYSE:BE) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.32. The business had revenue of $751.05 million for the quarter, compared to analyst estimates of $539.94 million. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The firm’s revenue for the quarter was up 130.4% on a year-over-year basis. During the same quarter last year, the business posted $0.03 EPS. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, research analysts expect that Bloom Energy Corporation will post 1.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on BE. Susquehanna increased their target price on shares of Bloom Energy to $293.00 and gave the stock a “positive” rating in a research report on Wednesday, April 29th. Weiss Ratings restated a “hold (c)” rating on shares of Bloom Energy in a research report on Friday, April 24th. China Renaissance began coverage on shares of Bloom Energy in a research report on Wednesday, January 28th. They set a “buy” rating and a $207.00 target price on the stock. TD Cowen increased their price target on shares of Bloom Energy to $235.00 and gave the stock a “hold” rating in a research report on Wednesday, April 29th. Finally, Roth Mkm set a $225.00 price target on shares of Bloom Energy in a research report on Wednesday, April 29th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Bloom Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $217.48.

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.