2,800 Shares in Bloom Energy Corporation $BE Purchased by Perryman Financial Advisory Inc. AD

Perryman Financial Advisory Inc. AD bought a new position in Bloom Energy Corporation (NYSE:BEFree Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 2,800 shares of the company’s stock, valued at approximately $848,000.

Other large investors have also added to or reduced their stakes in the company. Pine Valley Investments Ltd Liability Co acquired a new position in Bloom Energy during the 2nd quarter valued at about $210,000. D.A. Davidson & CO. raised its stake in shares of Bloom Energy by 6.6% in the second quarter. D.A. Davidson & CO. now owns 2,831 shares of the company’s stock worth $857,000 after purchasing an additional 176 shares during the last quarter. Benjamin Edwards Inc. bought a new position in shares of Bloom Energy in the second quarter valued at approximately $367,000. XML Financial LLC purchased a new position in shares of Bloom Energy during the second quarter valued at approximately $487,000. Finally, Catalyst Capital Advisors LLC purchased a new position in shares of Bloom Energy during the second quarter valued at approximately $148,000. Institutional investors own 77.04% of the company’s stock.

Key Bloom Energy News

Here are the key news stories impacting Bloom Energy this week:

  • Positive Sentiment: AI power demand remains the primary bullish catalyst. Bloom’s fuel-cell systems are being marketed as a fast, deployable power source for hyperscale data centers facing grid-connection delays. Demand tied to CoreWeave’s expansion and a project involving NBIS reportedly strengthened the investment case. Bloom Energy Shares Jump Premarket as AI Power Crunch Drives Demand
  • Positive Sentiment: Improving earnings expectations could support the stock. Analysts have been raising estimates for Bloom Energy, suggesting stronger expected demand and execution could help sustain near-term momentum. Earnings Estimates Rising for Bloom Energy
  • Neutral Sentiment: Investors are debating whether the rally is justified. Bloom Energy has gained more than 400% over the past year as the AI-power theme accelerated. Supporters point to expanding business prospects, while skeptics argue the valuation already discounts substantial future growth. Bloom Energy Stock Has Exploded
  • Negative Sentiment: Valuation and insider selling are notable risks. Reports cite an approximately 81-times forward price-to-earnings multiple and suggest insiders have been selling shares. Those factors raise the risk of profit-taking if growth or contract execution falls short of very optimistic expectations. Bloom Energy Stock Has Exploded
  • Negative Sentiment: Multiple law firms are publicizing a securities class action. The lawsuit covers investors who purchased Bloom securities from February 27, 2025, through July 8, 2026, with a September 28, 2026 lead-plaintiff deadline. Allegations reportedly involve potentially inadequate disclosures concerning supply-chain exposure to Chinese scandium. The litigation creates reputational, financial and headline risk, although the allegations have not been proven. Kaplan Fox Advises Bloom Energy Investors

Insider Buying and Selling

In related news, insider Satish Chitoori sold 2,837 shares of the stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $289.11, for a total transaction of $820,205.07. Following the completion of the transaction, the insider owned 207,417 shares in the company, valued at approximately $59,966,328.87. This represents a 1.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shawn Marie Soderberg sold 2,842 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at $38,175,646.95. This trade represents a 2.10% decrease in their position. 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. Insiders sold 107,585 shares of company stock worth $29,746,248 in the last ninety days. Corporate insiders own 3.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on BE. Sanford C. Bernstein increased their price target on Bloom Energy from $276.00 to $282.00 and gave the company a “market perform” rating in a research report on Wednesday, July 29th. Evercore reaffirmed an “outperform” rating on shares of Bloom Energy in a report on Friday, August 7th. Morgan Stanley reiterated an “overweight” rating and issued a $310.00 target price on shares of Bloom Energy in a research note on Wednesday, April 29th. Roth Capital increased their target price on shares of Bloom Energy from $225.00 to $285.00 and gave the company a “neutral” rating in a report on Wednesday, July 1st. Finally, BTIG Research reissued a “buy” rating and set a $295.00 price target on shares of Bloom Energy in a research report on Wednesday, July 29th. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $248.05.

Read Our Latest Report on BE

Bloom Energy Stock Performance

Shares of BE opened at $230.10 on Friday. The stock has a 50 day moving average of $248.28 and a 200 day moving average of $214.86. The company has a market capitalization of $67.77 billion, a price-to-earnings ratio of 306.80, a PEG ratio of 3.23 and a beta of 3.79. Bloom Energy Corporation has a 12 month low of $40.56 and a 12 month high of $351.28. The company has a current ratio of 4.09, a quick ratio of 3.41 and a debt-to-equity ratio of 1.59.

Bloom Energy (NYSE:BEGet Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.39. The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $826.13 million. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The business’s revenue was up 165.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, sell-side analysts forecast that Bloom Energy Corporation will post 1.93 earnings per share for the current year.

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.

See Also

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

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