Insider Selling: Bloom Energy (NYSE:BE) Insider Sells $608,474.64 in Stock

Bloom Energy Corporation (NYSE:BE) insider Satish Chitoori sold 2,111 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $288.24, for a total transaction of $608,474.64. Following the transaction, the insider directly owned 210,254 shares of the company’s stock, valued at approximately $60,603,612.96. This trade represents a 0.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Satish Chitoori also recently made the following trade(s):

• On Tuesday, April 14th, Satish Chitoori sold 20,000 shares of Bloom Energy stock. The stock was sold at an average price of $204.23, for a total transaction of $4,084,600.00.
• On Monday, March 16th, Satish Chitoori sold 18,964 shares of Bloom Energy stock. The shares were sold at an average price of $154.45, for a total transaction of $2,928,989.80.
• On Tuesday, February 17th, Satish Chitoori sold 1,521 shares of Bloom Energy stock. The shares were sold at an average price of $139.37, for a total transaction of $211,981.77.

Bloom Energy Price Performance

Shares of NYSE:BE opened at $282.33 on Thursday. The firm’s 50 day moving average is $201.03 and its two-hundred day moving average is $152.45. Bloom Energy Corporation has a 52 week low of $17.01 and a 52 week high of $310.00. The firm has a market capitalization of $80.30 billion, a P/E ratio of -5,645.37 and a beta of 3.82. 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 (NYSE:BE) last issued 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 business had revenue of $751.05 million during the quarter, compared to the consensus estimate of $539.94 million. During the same period in the previous year, the firm posted $0.03 earnings per share. The business’s revenue was up 130.4% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Analysts anticipate that Bloom Energy Corporation will post 1.31 earnings per share for the current year.

Institutional Trading of Bloom Energy

Several institutional investors have recently modified their holdings of the company. Bayforest Capital Ltd bought a new position in Bloom Energy during the first quarter valued at about $2,055,000. AQR Capital Management LLC bought a new stake in Bloom Energy in the first quarter worth about $1,820,000. NewEdge Advisors LLC lifted its holdings in Bloom Energy by 674.7% in the 1st quarter. NewEdge Advisors LLC now owns 1,867 shares of the company’s stock valued at $37,000 after acquiring an additional 1,626 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in Bloom Energy by 50.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company’s stock valued at $49,127,000 after acquiring an additional 836,810 shares during the last quarter. Finally, Focus Partners Wealth boosted its position in shares of Bloom Energy by 30.7% during the 1st quarter. Focus Partners Wealth now owns 20,063 shares of the company’s stock valued at $394,000 after purchasing an additional 4,716 shares in the last quarter. Institutional investors and hedge funds own 77.04% of the company’s stock.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: Bloom Energy won investor attention after a power supply deal with Nebius, strengthening the bullish case for its role in AI and data center power needs. BE stock climbs on power supply deal with Nebius — retail calls Bloom an ‘energy juggernaut’
• Positive Sentiment: Analyst and investor coverage continues to frame Bloom Energy as a beneficiary of climate and clean-energy trends, with a median price target above recent trading levels. Is Bloom Energy (BE) One of the Best Climate Change Stocks to Buy According to Analysts?
• Positive Sentiment: Recent commentary says Bloom Energy is one of the names best positioned to solve AI’s power-supply bottleneck, keeping momentum strong around the stock. Bloom Energy May Be Solving AI’s Biggest Power Problem
• Positive Sentiment: The company’s latest earnings were well above expectations, with revenue surging and management lifting FY2026 guidance, which continues to support the bull case. Bloom Energy (BE) Crushes Q1 Estimates, Raises 2026 Guidance
• Neutral Sentiment: Some recent insider share sales have drawn attention, but the filings indicate the transactions were mainly related to tax withholding on vested equity awards rather than a clear change in business outlook. Bloom Energy (NYSE:BE) Insider Satish Chitoori Sells 2,111 Shares
• Negative Sentiment: Despite the bullish news flow, the stock has also been volatile, and some traders are taking profits after a large run-up following earnings. Bloom Energy shares are sliding Tuesday: What’s driving the action?

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on BE shares. Evercore reissued an “outperform” rating and issued a $179.00 price target on shares of Bloom Energy in a research note on Friday, February 6th. BTIG Research upped their price objective on shares of Bloom Energy to $295.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. TD Cowen raised their target price on shares of Bloom Energy to $235.00 and gave the company a “hold” rating in a research note on Wednesday, April 29th. UBS Group boosted their price target on shares of Bloom Energy to $251.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Finally, Robert W. Baird upped their price target on shares of Bloom Energy to $242.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 22nd. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Bloom Energy presently has an average rating of “Moderate Buy” and a consensus price target of $217.48.

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.