Global Assets Advisory LLC Takes Position in Bloom Energy Corporation $BE

Global Assets Advisory LLC bought a new stake in Bloom Energy Corporation (NYSE:BE) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,035 shares of the company’s stock, valued at approximately $264,000.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in Bloom Energy by 6.3% during the 3rd quarter. Vanguard Group Inc. now owns 20,807,920 shares of the company’s stock worth $1,759,726,000 after buying an additional 1,240,819 shares during the period. Graticule Asia Macro Advisors LLC purchased a new position in Bloom Energy in the 3rd quarter valued at about $402,494,000. Trivest Advisors Ltd grew its stake in shares of Bloom Energy by 1,461.6% during the third 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 in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Bloom Energy by 50.3% during the first 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 in the last quarter. Finally, Man Group plc increased its position in shares of Bloom Energy by 177.4% during the second quarter. Man Group plc now owns 2,392,915 shares of the company’s stock worth $57,239,000 after acquiring an additional 1,530,167 shares during the last quarter. 77.04% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Mary K. Bush sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $266.96, for a total transaction of $6,674,000.00. Following the transaction, the director owned 108,524 shares in the company, valued at $28,971,567.04. This trade represents a 18.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Shawn Marie Soderberg sold 35,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $279.00, for a total value 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 270,027 shares of company stock worth $55,319,814 in the last quarter. Company insiders own 3.00% of the company’s stock.

Bloom Energy Price Performance

Shares of NYSE BE opened at $302.42 on Wednesday. The company has a debt-to-equity ratio of 2.90, a current ratio of 5.03 and a quick ratio of 4.10. The firm has a market capitalization of $86.02 billion, a PE ratio of -6,047.19 and a beta of 3.82. Bloom Energy Corporation has a 1-year low of $18.12 and a 1-year high of $322.83. The business’s fifty day moving average price is $212.84 and its two-hundred day moving average price is $157.16.

Bloom Energy (NYSE:BE) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, topping 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 during the quarter, compared to analyst estimates of $539.94 million. During the same quarter in the prior year, the firm earned $0.03 earnings per share. The company’s quarterly 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. On average, research analysts expect that Bloom Energy Corporation will post 1.31 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently commented on BE. Wells Fargo & Company increased their price target on Bloom Energy to $217.00 and gave the company an “equal weight” rating in a report on Wednesday, April 29th. Barclays lifted their price objective on Bloom Energy to $254.00 and gave the stock an “equal weight” rating in a report on Monday, May 11th. JPMorgan Chase & Co. upped their target price on Bloom Energy to $267.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Wall Street Zen raised shares of Bloom Energy from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, China Renaissance started coverage on shares of Bloom Energy in a research note on Wednesday, January 28th. They issued a “buy” rating and a $207.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $217.48.

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.