Counterpoint Mutual Funds LLC Invests $568,000 in Bloom Energy Corporation $BE

Counterpoint Mutual Funds LLC bought a new stake in shares of Bloom Energy Corporation (NYSE:BE) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 6,712 shares of the company’s stock, valued at approximately $568,000.

Several other large investors also recently bought and sold shares of the business. Fifth Third Bancorp bought a new position in Bloom Energy during the third quarter valued at $32,000. N.E.W. Advisory Services LLC bought a new stake in shares of Bloom Energy in the 3rd quarter worth about $32,000. Parkside Financial Bank & Trust raised its position in shares of Bloom Energy by 250.9% during the 3rd quarter. Parkside Financial Bank & Trust now owns 393 shares of the company’s stock valued at $33,000 after buying an additional 281 shares in the last quarter. Cranbrook Wealth Management LLC bought a new position in shares of Bloom Energy in the 3rd quarter valued at about $39,000. Finally, E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Bloom Energy in the 3rd quarter valued at about $42,000. Institutional investors own 77.04% of the company’s stock.

Insider Activity at Bloom Energy

In other Bloom Energy news, insider Maciej Kurzymski sold 3,264 shares of the company’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $86.48, for a total value of $282,270.72. Following the transaction, the insider directly owned 90,005 shares in the company, valued at $7,783,632.40. This represents a 3.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Shawn Marie Soderberg sold 3,332 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $139.56, for a total transaction of $465,013.92. Following the transaction, the insider directly owned 219,871 shares in the company, valued at approximately $30,685,196.76. This trade represents a 1.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 12,294 shares of company stock valued at $1,520,974 in the last quarter. Corporate insiders own 3.50% of the company’s stock.

Bloom Energy Price Performance

BE opened at $160.14 on Tuesday. The business has a fifty day moving average of $128.20 and a 200 day moving average of $102.12. The stock has a market cap of $44.93 billion, a P/E ratio of -421.43, a PEG ratio of 6.10 and a beta of 3.07. The company has a quick ratio of 4.95, a current ratio of 5.98 and a debt-to-equity ratio of 3.54. Bloom Energy Corporation has a 52-week low of $15.15 and a 52-week high of $176.49.

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

Analyst Upgrades and Downgrades

Several brokerages have weighed in on BE. Evercore reissued an “outperform” rating and set a $179.00 price objective on shares of Bloom Energy in a research note on Friday, February 6th. Zacks Research raised Bloom Energy from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 6th. Wells Fargo & Company increased their price target on Bloom Energy to $130.00 and gave the company an “equal weight” rating in a report on Friday, February 6th. Bank of America set a $39.00 price target on Bloom Energy in a research report on Tuesday, November 25th. Finally, Mizuho boosted their price objective on shares of Bloom Energy to $110.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $130.50.

About Bloom Energy

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.