Bloom Energy Corporation $BE Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP reduced its stake in shares of Bloom Energy Corporation (NYSE:BEFree Report) by 12.7% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 20,347 shares of the company’s stock after selling 2,957 shares during the period. GSA Capital Partners LLP’s holdings in Bloom Energy were worth $1,768,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BE. Graticule Asia Macro Advisors LLC acquired a new stake in Bloom Energy during the 3rd quarter worth about $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 valued at $289,229,000 after acquiring an additional 3,201,000 shares during the period. Westfield Capital Management Co. LP acquired a new stake in shares of Bloom Energy during the 3rd quarter valued at about $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 valued at $57,239,000 after acquiring an additional 1,530,167 shares during the period. 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 valued at $1,759,726,000 after acquiring an additional 1,240,819 shares during the period. 77.04% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Wall Street Zen upgraded Bloom Energy from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Zacks Research upgraded Bloom Energy from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th. Jefferies Financial Group upgraded Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 target price on the stock in a research report on Tuesday, April 14th. BMO Capital Markets raised their target price on Bloom Energy to $149.00 and gave the company a “market perform” rating in a research report on Friday, February 6th. Finally, Royal Bank Of Canada raised their target price on Bloom Energy to $335.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. Two investment 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 assigned a Sell rating to the company. According to MarketBeat, Bloom Energy presently has an average rating of “Moderate Buy” and a consensus price target of $217.48.

View Our Latest Stock Report on Bloom Energy

Bloom Energy Trading Up 1.1%

BE stock opened at $261.57 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. Bloom Energy Corporation has a 12-month low of $17.01 and a 12-month high of $310.00. The stock has a market cap of $74.40 billion, a price-to-earnings ratio of -5,230.41 and a beta of 3.82. The business’s 50-day moving average is $198.40 and its 200 day moving average is $151.36.

Bloom Energy (NYSE:BEGet Free Report) last posted its quarterly earnings data 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. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The company had revenue of $751.05 million for the quarter, compared to analysts’ expectations of $539.94 million. During the same period in the previous year, the firm posted $0.03 EPS. Bloom Energy’s revenue was up 130.4% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, sell-side analysts anticipate that Bloom Energy Corporation will post 1.31 EPS for the current fiscal year.

More Bloom Energy News

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

Insiders Place Their Bets

In other Bloom Energy news, insider Aman Joshi sold 19,944 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $154.85, for a total value of $3,088,328.40. Following the transaction, the insider directly owned 190,521 shares of the company’s stock, valued at $29,502,176.85. This trade represents a 9.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Shawn Marie Soderberg sold 35,000 shares of Bloom Energy stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $279.00, for a total transaction of $9,765,000.00. Following the sale, the insider directly owned 341,731 shares in the company, valued at approximately $95,342,949. The trade was a 9.29% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 525,271 shares of company stock worth $99,167,479. 3.00% of the stock is currently owned by insiders.

Bloom Energy Company 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.

Further Reading

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

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