Caprock Group LLC Makes New $414,000 Investment in Bloom Energy Corporation $BE

Caprock Group LLC bought a new stake in shares of Bloom Energy Corporation (NYSE:BE) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 4,897 shares of the company’s stock, valued at approximately $414,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Rhumbline Advisers grew its holdings in shares of Bloom Energy by 3.0% during the third quarter. Rhumbline Advisers now owns 329,162 shares of the company’s stock valued at $27,837,000 after buying an additional 9,680 shares in the last quarter. First National Trust Co acquired a new stake in Bloom Energy during the 3rd quarter worth about $511,000. Navellier & Associates Inc. grew its stake in Bloom Energy by 134.6% during the 3rd quarter. Navellier & Associates Inc. now owns 111,511 shares of the company’s stock valued at $9,430,000 after acquiring an additional 63,973 shares in the last quarter. CloudAlpha Capital Management Limited Hong Kong acquired a new position in shares of Bloom Energy in the 3rd quarter valued at about $7,476,000. Finally, Profund Advisors LLC acquired a new position in shares of Bloom Energy in the 3rd quarter valued at about $336,000. Institutional investors and hedge funds own 77.04% of the company’s stock.

Insider Activity at Bloom Energy

In related news, insider Satish Chitoori sold 431 shares of Bloom Energy stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $88.12, for a total value of $37,979.72. Following the transaction, the insider owned 229,449 shares in the company, valued at $20,219,045.88. This trade represents a 0.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Maciej Kurzymski sold 3,264 shares of the business’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $86.48, for a total transaction of $282,270.72. Following the transaction, the insider directly owned 90,005 shares of the company’s stock, valued at approximately $7,783,632.40. This represents a 3.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 3.50% of the company’s stock.

Bloom Energy Trading Up 3.7%

Bloom Energy stock opened at $144.91 on Wednesday. Bloom Energy Corporation has a one year low of $15.15 and a one year high of $176.49. The company’s fifty day moving average price is $123.63 and its two-hundred day moving average price is $98.78. 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 company has a market capitalization of $40.65 billion, a price-to-earnings ratio of -381.34, a PEG ratio of 5.78 and a beta of 3.07.

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

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Robert W. Baird set a $172.00 price objective on shares of Bloom Energy in a research report on Tuesday, January 27th. BMO Capital Markets lifted their target price on shares of Bloom Energy to $149.00 and gave the company a “market perform” rating in a research note on Friday, February 6th. Zacks Research upgraded shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a report on Friday, February 6th. China Renaissance began coverage on Bloom Energy in a report on Wednesday, January 28th. They set a “buy” rating and a $207.00 price objective for the company. Finally, TD Cowen lifted their price objective on Bloom Energy to $160.00 and gave the company a “hold” rating in a research report on Friday, February 6th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $130.50.

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.