Shawn Marie Soderberg Sells 2,746 Shares of Bloom Energy (NYSE:BE) Stock

Bloom Energy Corporation (NYSE:BEGet Free Report) insider Shawn Marie Soderberg sold 2,746 shares of the company’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $259.42, for a total transaction of $712,367.32. Following the completion of the transaction, the insider owned 135,107 shares in the company, valued at approximately $35,049,457.94. This represents a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Shawn Marie Soderberg also recently made the following trade(s):

  • On Thursday, May 14th, Shawn Marie Soderberg sold 2,879 shares of Bloom Energy stock. The shares were sold at an average price of $288.10, for a total transaction of $829,439.90.
  • On Wednesday, April 29th, Shawn Marie Soderberg sold 35,000 shares of Bloom Energy stock. The shares were sold at an average price of $279.00, for a total transaction of $9,765,000.00.
  • On Wednesday, April 15th, Shawn Marie Soderberg sold 25,000 shares of Bloom Energy stock. The shares were sold at an average price of $225.13, for a total transaction of $5,628,250.00.
  • On Tuesday, April 14th, Shawn Marie Soderberg sold 30,000 shares of Bloom Energy stock. The shares were sold at an average price of $204.23, for a total transaction of $6,126,900.00.
  • On Thursday, March 19th, Shawn Marie Soderberg sold 15,410 shares of Bloom Energy stock. The shares were sold at an average price of $150.47, for a total transaction of $2,318,742.70.
  • On Tuesday, March 17th, Shawn Marie Soderberg sold 13,074 shares of Bloom Energy stock. The shares were sold at an average price of $153.44, for a total transaction of $2,006,074.56.
  • On Monday, March 16th, Shawn Marie Soderberg sold 29,807 shares of Bloom Energy stock. The shares were sold at an average price of $153.78, for a total transaction of $4,583,720.46.
  • On Wednesday, February 25th, Shawn Marie Soderberg sold 20,000 shares of Bloom Energy stock. The shares were sold at an average price of $180.00, for a total transaction of $3,600,000.00.
  • On Wednesday, February 25th, Shawn Marie Soderberg sold 25,244 shares of Bloom Energy stock. The shares were sold at an average price of $177.93, for a total transaction of $4,491,664.92.
  • On Tuesday, February 17th, Shawn Marie Soderberg sold 3,332 shares of Bloom Energy stock. The shares were sold at an average price of $139.56, for a total transaction of $465,013.92.

Bloom Energy Trading Up 1.1%

BE stock opened at $261.57 on Wednesday. The company has a debt-to-equity ratio of 2.90, a quick ratio of 4.10 and a current ratio of 5.03. The company’s 50-day simple moving average is $198.40 and its 200 day simple moving average is $151.36. Bloom Energy Corporation has a 52 week low of $17.01 and a 52 week high of $310.00. The company has a market capitalization of $74.40 billion, a PE ratio of -5,230.41 and a beta of 3.82.

Bloom Energy (NYSE:BEGet Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.12 by $0.32. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The business had revenue of $751.05 million for the quarter, compared to the consensus estimate of $539.94 million. During the same period in the prior year, the company posted $0.03 earnings per share. 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. As a group, sell-side analysts anticipate that Bloom Energy Corporation will post 1.31 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Mizuho set a $285.00 price objective on shares of Bloom Energy in a research report on Friday, May 1st. Wells Fargo & Company increased their target price on shares of Bloom Energy to $217.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 29th. Royal Bank Of Canada increased their target price on shares of Bloom Energy to $335.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. UBS Group increased their target price on shares of Bloom Energy to $251.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Finally, Susquehanna increased their target price on shares of Bloom Energy to $293.00 and gave the stock a “positive” rating in a 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 given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Bloom Energy presently has an average rating of “Moderate Buy” and a consensus target price of $217.48.

Get Our Latest Report on BE

Bloom Energy News Summary

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Creekmur Asset Management LLC acquired a new stake in Bloom Energy during the 3rd quarter valued at approximately $1,825,000. Meridian Wealth Management LLC acquired a new stake in Bloom Energy during the 3rd quarter valued at approximately $553,000. Straight Path Wealth Management acquired a new stake in Bloom Energy during the 3rd quarter valued at approximately $1,099,000. Strs Ohio increased its position in Bloom Energy by 24.8% during the 4th quarter. Strs Ohio now owns 41,200 shares of the company’s stock valued at $3,580,000 after purchasing an additional 8,200 shares during the period. Finally, Teachers Retirement System of The State of Kentucky acquired a new stake in Bloom Energy during the 3rd quarter valued at approximately $1,985,000. Institutional investors and hedge funds own 77.04% of the company’s stock.

About Bloom Energy

(Get 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

Insider Buying and Selling by Quarter for Bloom Energy (NYSE:BE)

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