SeaBridge Investment Advisors LLC Sells 4,842 Shares of Bloom Energy Corporation $BE

SeaBridge Investment Advisors LLC cut its stake in shares of Bloom Energy Corporation (NYSE:BE) by 38.1% in the fourth quarter, Holdings Channel reports. The fund owned 7,852 shares of the company’s stock after selling 4,842 shares during the period. SeaBridge Investment Advisors LLC’s holdings in Bloom Energy were worth $682,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Ritholtz Wealth Management lifted its holdings in shares of Bloom Energy by 1.5% during the fourth quarter. Ritholtz Wealth Management now owns 5,765 shares of the company’s stock valued at $501,000 after acquiring an additional 87 shares during the period. CoreCap Advisors LLC lifted its holdings in shares of Bloom Energy by 7.3% during the fourth quarter. CoreCap Advisors LLC now owns 1,295 shares of the company’s stock valued at $113,000 after acquiring an additional 88 shares during the period. Reliant Investment Management LLC lifted its holdings in shares of Bloom Energy by 3.6% during the fourth quarter. Reliant Investment Management LLC now owns 2,556 shares of the company’s stock valued at $222,000 after acquiring an additional 90 shares during the period. Prime Capital Investment Advisors LLC lifted its holdings in shares of Bloom Energy by 3.5% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 2,928 shares of the company’s stock valued at $254,000 after acquiring an additional 98 shares during the period. Finally, Choreo LLC lifted its holdings in shares of Bloom Energy by 3.6% during the fourth quarter. Choreo LLC now owns 2,879 shares of the company’s stock valued at $251,000 after acquiring an additional 99 shares during the period. 77.04% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on BE. TD Cowen lifted their price target on Bloom Energy to $160.00 and gave the company a “hold” rating in a report on Friday, February 6th. Morgan Stanley lifted their price target on Bloom Energy to $184.00 and gave the company an “overweight” rating in a report on Friday, February 6th. Susquehanna cut their price target on Bloom Energy to $173.00 and set a “positive” rating for the company in a report on Thursday, April 9th. Robert W. Baird set a $172.00 price target on Bloom Energy in a report on Tuesday, January 27th. Finally, UBS Group reaffirmed a “cautious” rating and issued a $155.00 price target on shares of Bloom Energy in a report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $144.27.

Insider Activity

In other Bloom Energy news, insider Aman Joshi sold 10,000 shares of the business’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $135.88, for a total transaction of $1,358,800.00. Following the completion of the sale, the insider directly owned 180,521 shares of the company’s stock, valued at approximately $24,529,193.48. The trade was a 5.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary S. Pinkus sold 1,250 shares of the business’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $165.80, for a total value of $207,250.00. Following the sale, the director directly owned 4,149 shares of the company’s stock, valued at $687,904.20. This represents a 23.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 380,092 shares of company stock worth $62,724,725. Corporate insiders own 3.50% of the company’s stock.

More Bloom Energy News

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

• Positive Sentiment: Oracle expanded its master agreement to procure up to 2.8 GW of Bloom fuel-cell systems (initial 1.2 GW already contracted; deployment underway), creating a clear commercial growth catalyst and signaling strong demand from AI data-center operators. Bloom Energy and Oracle Expand Strategic Partnership to Deploy up to 2.8 GW to Accelerate AI Infrastructure Build-Out
• Positive Sentiment: Bloom’s link with Oracle is reinforced by Oracle receiving a $400M warrant tied to Bloom stock days earlier, deepening the commercial/financial relationship and boosting investor confidence. Oracle expands Bloom Energy deal days after receiving $400 million stock warrant
• Positive Sentiment: Institutional analyst actions tilted bullish — JPMorgan raised its price target and moved to an Overweight rating, reflecting expectations the Oracle deal meaningfully improves Bloom’s growth trajectory. Benzinga note on JPMorgan price target raise
• Neutral Sentiment: Market context: the broader AI/infrastructure narrative and softer macro/energy headlines helped rotate flows into names tied to AI power solutions even as the energy sector broadly softened late in the session. US Equity Markets Rise Amid Optimism Around Resumption of US-Iran Peace Talks, Lower Crude Oil Prices
• Negative Sentiment: Some brokers trimmed near-term targets ahead of Q1 results — Susquehanna and Jefferies lowered BE price targets, reflecting near-term execution/earnings uncertainty despite the Oracle news. Susquehanna and Jefferies Lower Bloom Energy (BE) Price Targets Ahead of Q1 Earnings
• Negative Sentiment: Technical and valuation cautions: several outlets and chart analysts warned the rally could be an overreaction or vulnerable to mean?reversion/Wyckoff-style pullbacks after the rapid move. Investors should weigh short-term momentum against execution risk and seasonality. Bloom Energy stock warning: beware of Wyckoff and mean reversion risks

Bloom Energy Stock Performance

Shares of NYSE:BE opened at $219.01 on Wednesday. The stock has a market capitalization of $61.44 billion, a P/E ratio of -576.34, a P/E/G ratio of 7.21 and a beta of 3.18. Bloom Energy Corporation has a 1-year low of $16.01 and a 1-year high of $219.27. The company has a current ratio of 5.98, a quick ratio of 4.95 and a debt-to-equity ratio of 3.54. The business has a 50-day moving average price of $151.57 and a two-hundred day moving average price of $126.33.

Bloom Energy (NYSE:BE) last announced its quarterly earnings data 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 firm had revenue of $777.68 million during the quarter, compared to analysts’ expectations of $647.59 million. Bloom Energy had a positive return on equity of 7.88% and a negative net margin of 4.37%.The company’s quarterly revenue was up 35.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.43 EPS. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. Equities analysts predict that Bloom Energy Corporation will post -0.23 earnings per share for the current year.

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.