Values First Advisors Inc. purchased a new position in shares of Bloom Energy Corporation (NYSE:BE – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,701 shares of the company’s stock, valued at approximately $231,000.
A number of other hedge funds also recently bought and sold shares of BE. WPG Advisers LLC boosted its stake in shares of Bloom Energy by 26.4% in the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after buying an additional 67 shares during the period. Orion Capital Management LLC increased its stake in shares of Bloom Energy by 0.7% during the fourth quarter. Orion Capital Management LLC now owns 12,083 shares of the company’s stock worth $1,050,000 after buying an additional 83 shares during the period. Ritholtz Wealth Management increased its stake in shares of Bloom Energy by 1.5% during the fourth quarter. Ritholtz Wealth Management now owns 5,765 shares of the company’s stock worth $501,000 after buying an additional 87 shares during the period. CoreCap Advisors LLC raised its holdings in Bloom Energy by 7.3% in the fourth quarter. CoreCap Advisors LLC now owns 1,295 shares of the company’s stock valued at $113,000 after acquiring an additional 88 shares in the last quarter. Finally, Reliant Investment Management LLC raised its holdings in Bloom Energy by 3.6% in the fourth quarter. Reliant Investment Management LLC now owns 2,556 shares of the company’s stock valued at $222,000 after acquiring an additional 90 shares in the last quarter. Institutional investors and hedge funds own 77.04% of the company’s stock.
More Bloom Energy News
Here are the key news stories impacting Bloom Energy this week:
- Positive Sentiment: Bloom Energy is being highlighted as a key AI infrastructure beneficiary, with articles noting that its fuel-cell technology could help data centers secure reliable on-site power as grid constraints intensify. 5 Stocks Solving the AI Power Crisis (BE)
- Positive Sentiment: Investor attention remains strong after a report suggested many data center developers may build their own power sources if the grid cannot keep up, reinforcing Bloom Energy’s role in the AI datacenter buildout. Bloom Energy Soared After a New AI Power Report. Is the Fuel Cell Stock a Buy?
- Positive Sentiment: Bloom Energy was also mentioned in roundups of highly ranked alternative-energy stocks and top stock picks for the week, which can add momentum by keeping the name in front of growth and clean-energy investors. 3 Highly Ranked Alternative Energy Stocks to Buy Now
- Positive Sentiment: The stock’s sharp run has also drawn attention from valuation-focused coverage, but the broader takeaway is that BE has become a high-profile momentum name tied to AI power demand. A Look at Bloom Energy Corp (BE) After 5.2% Gain — GF Value $26.70 vs Price $345.85
- Neutral Sentiment: Bernstein initiated coverage with a “Market Perform” rating, which is supportive of visibility but not a strong bullish catalyst on its own. Bernstein Initiates Coverage of Bloom Energy (BE) with Market Perform. Here is Why
Bloom Energy Price Performance
Bloom Energy (NYSE:BE – Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.32. The firm had revenue of $751.05 million during the quarter, compared to the consensus estimate of $539.94 million. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The firm’s quarterly revenue was up 130.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.03 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Equities research analysts anticipate that Bloom Energy Corporation will post 1.31 earnings per share for the current fiscal year.
Insider Buying and Selling at Bloom Energy
In related news, Director John T. Chambers sold 55,000 shares of the stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $297.69, for a total value of $16,372,950.00. Following the transaction, the director directly owned 238,333 shares of the company’s stock, valued at $70,949,350.77. This trade represents a 18.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Shawn Marie Soderberg sold 2,842 shares of Bloom Energy stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $288.63, for a total transaction of $820,286.46. Following the sale, the insider owned 132,265 shares in the company, valued at $38,175,646.95. This represents a 2.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 230,274 shares of company stock worth $58,696,472. 3.00% of the stock is owned by insiders.
Analyst Ratings Changes
A number of research analysts recently issued reports on the stock. BTIG Research lifted their price target on shares of Bloom Energy to $295.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. BMO Capital Markets restated an “outperform” rating on shares of Bloom Energy in a report on Tuesday, June 9th. Roth Mkm set a $225.00 price objective on shares of Bloom Energy in a report on Wednesday, April 29th. Zacks Research raised shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th. Finally, Jefferies Financial Group upgraded shares of Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 target price for the company in a research note on Tuesday, April 14th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $223.36.
View Our Latest Stock Report on Bloom Energy
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.
Featured Articles
- Five stocks we like better than Bloom Energy
- Buy CrowdStrike Before the Stock Split? Here’s the Case
- Investors Are Buying Into Sweetgreen Again—Should They?
- Burlington Is Winning Over Shoppers But Investors Need Patience
- USA Today’s Digital Revival Is Gaining Steam, But With Plenty of Risk
Want to see what other hedge funds are holding BE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bloom Energy Corporation (NYSE:BE – Free Report).
Receive News & Ratings for Bloom Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bloom Energy and related companies with MarketBeat.com's FREE daily email newsletter.
