Bloom Energy Corporation $BE Stake Trimmed by Trivest Advisors Ltd

Trivest Advisors Ltd lowered its position in shares of Bloom Energy Corporation (NYSE:BE) by 67.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,125,000 shares of the company’s stock after selling 2,295,000 shares during the period. Bloom Energy accounts for 4.5% of Trivest Advisors Ltd’s investment portfolio, making the stock its 9th largest holding. Trivest Advisors Ltd’s holdings in Bloom Energy were worth $97,751,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in BE. Hantz Financial Services Inc. raised its position in shares of Bloom Energy by 45.5% during the fourth quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock valued at $28,000 after buying an additional 100 shares during the last quarter. WPG Advisers LLC raised its position in shares of Bloom Energy by 26.4% during the fourth quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after buying an additional 67 shares during the last quarter. Fifth Third Bancorp bought a new stake in shares of Bloom Energy during the third quarter valued at approximately $32,000. Lodestone Wealth Management LLC bought a new stake in shares of Bloom Energy during the fourth quarter valued at approximately $43,000. Finally, TFC Financial Management Inc. raised its position in shares of Bloom Energy by 56,600.0% during the fourth quarter. TFC Financial Management Inc. now owns 567 shares of the company’s stock valued at $49,000 after buying an additional 566 shares during the last quarter. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Bloom Energy Trading Down 9.0%

Shares of BE opened at $265.01 on Friday. The company’s fifty day moving average is $234.12 and its 200 day moving average is $165.91. Bloom Energy Corporation has a fifty-two week low of $20.81 and a fifty-two week high of $322.83. The stock has a market capitalization of $75.38 billion, a PE ratio of -5,299.16 and a beta of 3.73. The company has a debt-to-equity ratio of 2.90, a quick ratio of 4.10 and a current ratio of 5.03.

Bloom Energy (NYSE:BE) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share 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 company had revenue of $751.05 million for the quarter, compared to analysts’ expectations of $539.94 million. During the same quarter in the previous year, the business posted $0.03 earnings per share. Bloom Energy’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. Sell-side analysts expect that Bloom Energy Corporation will post 1.31 earnings per share for the current fiscal year.

Bloom Energy News Summary

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

• Positive Sentiment: Bloom Energy continues to benefit from bullish AI infrastructure demand, including reported large-scale fuel-cell deals tied to data centers and comments that the company may be solving a major power bottleneck for AI growth. Bloom Energy’s AI Power Deals Test Valuation And Execution Expectations
• Positive Sentiment: Recent commentary also highlighted that Bloom Energy does not expect to need new capital despite the AI boom, which may reduce dilution concerns. Bloom Energy CEO sees no need to raise capital despite AI boom
• Positive Sentiment: UBS reaffirmed a Buy rating, adding to analyst optimism around Bloom Energy’s growth outlook. Is Bloom Energy (BE) One of the Best Renewable Energy Stocks to Buy According to Billionaires?
• Neutral Sentiment: Bloom Energy was mentioned in a technical piece suggesting the stock may be consolidating after a sharp run, which could simply mean it is digesting gains before its next move. Is Bloom Energy Setting Up For Its Next Move?
• Negative Sentiment: Director John Chambers sold 55,000 shares, a move that can raise caution among investors even though he still retains a large position. John Chambers Sells 55,000 Shares of Bloom Energy (NYSE:BE) Stock
• Negative Sentiment: Some traders are also fading recent optimism and taking profits after the stock’s powerful rally, contributing to short-term weakness. What’s Going On With Bloom Energy Stock Thursday?

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on BE. Zacks Research upgraded shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th. Royal Bank Of Canada lifted their price objective on shares of Bloom Energy to $335.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. Mizuho set a $285.00 price objective on shares of Bloom Energy in a research report on Friday, May 1st. JPMorgan Chase & Co. lifted their price objective on shares of Bloom Energy to $267.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Finally, Robert W. Baird lifted their price objective on shares of Bloom Energy to $242.00 and gave the company an “outperform” rating in a research report on Wednesday, April 22nd. 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $217.48.

Insider Buying and Selling

In related news, Director John T. Chambers sold 55,000 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $297.69, for a total value of $16,372,950.00. Following the sale, the director owned 238,333 shares in the company, valued at approximately $70,949,350.77. The trade was a 18.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Satish Chitoori sold 2,111 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $288.24, for a total transaction of $608,474.64. Following the completion of the sale, the insider owned 210,254 shares in the company, valued at $60,603,612.96. This represents a 0.99% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 323,777 shares of company stock valued at $71,485,514 in the last three months. Corporate insiders own 3.00% of the company’s stock.

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.