Hunting Hill Global Capital LLC bought a new position in Bloom Energy Corporation (NYSE:BE – Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 2,408 shares of the company’s stock, valued at approximately $209,000.
Other large investors also recently added to or reduced their stakes in the company. WPG Advisers LLC increased its position in shares of Bloom Energy by 26.4% in the fourth quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after acquiring an additional 67 shares during the period. Hantz Financial Services Inc. increased its position in shares of Bloom Energy by 45.5% in the fourth quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock valued at $28,000 after acquiring an additional 100 shares during the period. Caitong International Asset Management Co. Ltd purchased a new position in shares of Bloom Energy in the fourth quarter valued at about $28,000. Fifth Third Bancorp purchased a new position in shares of Bloom Energy in the third quarter valued at about $32,000. Finally, McMillan Office Inc. purchased a new position in shares of Bloom Energy in the fourth quarter valued at about $37,000. Hedge funds and other institutional investors own 77.04% of the company’s stock.
Insider Activity at Bloom Energy
In related news, Director John T. Chambers sold 55,000 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $297.69, for a total transaction of $16,372,950.00. Following the transaction, the director owned 238,333 shares in the company, valued at $70,949,350.77. The trade was a 18.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Shawn Marie Soderberg sold 35,000 shares of the business’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $279.00, for a total transaction of $9,765,000.00. Following the transaction, the insider owned 341,731 shares in the company, valued at $95,342,949. This represents a 9.29% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 230,274 shares of company stock valued at $58,696,472 over the last three months. Corporate insiders own 3.00% of the company’s stock.
Bloom Energy Price Performance
Bloom Energy (NYSE:BE – Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (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 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 company earned $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. On average, sell-side analysts expect that Bloom Energy Corporation will post 1.31 earnings per share for the current year.
Bloom Energy News Summary
Here are the key news stories impacting Bloom Energy this week:
- Positive Sentiment: Zacks called Bloom Energy a “Bull of the Day,” citing strong demand for its solid oxide fuel cells as a fast-deployable power solution for AI datacenter buildout. Bull of the Day: Bloom Energy (BE)
- Neutral Sentiment: Bernstein initiated coverage with a “Market Perform” rating and a $276 target, suggesting the stock may be fairly valued after its recent run-up. Has BE Stock Peaked Yet? Here’s What Wall Street And Retail Think
- Negative Sentiment: Four Bloom Energy insiders, including Shawn Marie Soderberg, Satish Chitoori, Maciej Kurzymski and Aman Joshi, sold shares near $289, which can create short-term pressure despite the sales being tied to tax withholding. SEC filing for Shawn Marie Soderberg sale
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on BE. UBS Group boosted their price objective on shares of Bloom Energy to $251.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Weiss Ratings restated a “hold (c)” rating on shares of Bloom Energy in a research report on Friday, April 24th. Robert W. Baird boosted 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. Jefferies Financial Group upgraded shares of Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 price objective on the stock in a research report on Tuesday, April 14th. Finally, Citigroup restated a “neutral” rating on shares of Bloom Energy in a research report on Thursday, May 28th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $220.14.
Check Out Our Latest Research Report on BE
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.
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