Aman Joshi Sells 4,813 Shares of Bloom Energy (NYSE:BE) Stock

Bloom Energy Corporation (NYSE:BEGet Free Report) insider Aman Joshi sold 4,813 shares of Bloom Energy stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $288.20, for a total value of $1,387,106.60. Following the transaction, the insider owned 175,708 shares of the company’s stock, valued at $50,639,045.60. The trade was a 2.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Aman Joshi also recently made the following trade(s):

  • On Wednesday, April 1st, Aman Joshi sold 10,000 shares of Bloom Energy stock. The shares were sold at an average price of $135.88, for a total value of $1,358,800.00.
  • On Monday, March 16th, Aman Joshi sold 19,944 shares of Bloom Energy stock. The shares were sold at an average price of $154.85, for a total value of $3,088,328.40.
  • On Wednesday, February 25th, Aman Joshi sold 10,000 shares of Bloom Energy stock. The shares were sold at an average price of $175.60, for a total value of $1,756,000.00.
  • On Tuesday, February 17th, Aman Joshi sold 3,746 shares of Bloom Energy stock. The shares were sold at an average price of $139.81, for a total value of $523,728.26.

Bloom Energy Price Performance

NYSE:BE opened at $261.57 on Wednesday. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90. The stock’s 50 day moving average price is $198.40 and its two-hundred day moving average price is $151.36. The firm has a market capitalization of $74.40 billion, a price-to-earnings ratio of -5,230.41 and a beta of 3.82. Bloom Energy Corporation has a 12-month low of $17.01 and a 12-month high of $310.00.

Bloom Energy (NYSE:BEGet Free Report) last released its quarterly earnings data 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. The firm had revenue of $751.05 million for the quarter, compared to analyst estimates of $539.94 million. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The business’s revenue for the quarter was up 130.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.03 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, analysts anticipate that Bloom Energy Corporation will post 1.31 earnings per share for the current year.

Key Headlines Impacting Bloom Energy

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

Institutional Investors Weigh In On Bloom Energy

A number of institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Bloom Energy by 6.3% in the third quarter. Vanguard Group Inc. now owns 20,807,920 shares of the company’s stock valued at $1,759,726,000 after buying an additional 1,240,819 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Bloom Energy by 5.4% in the fourth quarter. Geode Capital Management LLC now owns 5,277,461 shares of the company’s stock valued at $461,272,000 after buying an additional 269,662 shares in the last quarter. Graticule Asia Macro Advisors LLC acquired a new stake in shares of Bloom Energy in the third quarter valued at approximately $402,494,000. Brooklands Fund Management Ltd acquired a new stake in shares of Bloom Energy in the fourth quarter valued at approximately $347,560,000. Finally, Trivest Advisors Ltd raised its position in shares of Bloom Energy by 1,461.6% in the third quarter. Trivest Advisors Ltd now owns 3,420,000 shares of the company’s stock valued at $289,229,000 after buying an additional 3,201,000 shares in the last quarter. Institutional investors own 77.04% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on BE shares. Citigroup upped their price objective on Bloom Energy to $281.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Mizuho set a $285.00 price objective on Bloom Energy in a research note on Friday, May 1st. JPMorgan Chase & Co. boosted their price objective on Bloom Energy to $267.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Zacks Research upgraded Bloom Energy from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 7th. Finally, Barclays boosted their price objective on Bloom Energy to $254.00 and gave the stock an “equal weight” rating in a report on Monday, May 11th. Two research 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $217.48.

View Our Latest Stock Report on BE

About Bloom Energy

(Get Free Report)

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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Insider Buying and Selling by Quarter for Bloom Energy (NYSE:BE)

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