Values First Advisors Inc. Makes New $231,000 Investment in Bloom Energy Corporation $BE

Values First Advisors Inc. purchased a new position in shares of Bloom Energy Corporation (NYSE:BEFree 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.

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Bloom Energy Price Performance

BE stock opened at $345.64 on Tuesday. The business has a 50 day moving average price of $266.13 and a 200 day moving average price of $180.40. The stock has a market cap of $98.32 billion, a price-to-earnings ratio of -6,911.52 and a beta of 3.74. Bloom Energy Corporation has a fifty-two week low of $21.43 and a fifty-two week high of $349.99. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90.

Bloom Energy (NYSE:BEGet 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

(Free Report)

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.

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Institutional Ownership by Quarter for Bloom Energy (NYSE:BE)

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