Bloom Energy Corporation (NYSE:BE – Get Free Report) insider Shawn Marie Soderberg sold 13,074 shares of Bloom Energy stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $153.44, for a total value of $2,006,074.56. Following the sale, the insider directly owned 211,142 shares of the company’s stock, valued at $32,397,628.48. This represents a 5.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Shawn Marie Soderberg also recently made the following trade(s):
- On Monday, March 16th, Shawn Marie Soderberg sold 29,807 shares of Bloom Energy stock. The stock was sold at an average price of $153.78, for a total value of $4,583,720.46.
- On Wednesday, February 25th, Shawn Marie Soderberg sold 20,000 shares of Bloom Energy stock. The stock was sold at an average price of $180.00, for a total value of $3,600,000.00.
- On Wednesday, February 25th, Shawn Marie Soderberg sold 25,244 shares of Bloom Energy stock. The shares were sold at an average price of $177.93, for a total value of $4,491,664.92.
- On Tuesday, February 17th, Shawn Marie Soderberg sold 3,332 shares of Bloom Energy stock. The stock was sold at an average price of $139.56, for a total value of $465,013.92.
Bloom Energy Stock Up 4.1%
BE stock opened at $160.01 on Wednesday. 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 company’s 50 day moving average is $149.94 and its 200 day moving average is $114.77. The stock has a market cap of $44.89 billion, a price-to-earnings ratio of -421.09, a price-to-earnings-growth ratio of 6.27 and a beta of 3.11. Bloom Energy Corporation has a 1-year low of $15.15 and a 1-year high of $180.90.
Analyst Ratings Changes
A number of analysts have recently issued reports on the stock. Evercore reaffirmed an “outperform” rating and set a $179.00 price objective on shares of Bloom Energy in a report on Friday, February 6th. JPMorgan Chase & Co. raised their price target on Bloom Energy to $166.00 and gave the company an “overweight” rating in a research report on Friday, February 6th. BMO Capital Markets lifted their price target on Bloom Energy to $149.00 and gave the stock a “market perform” rating in a research note on Friday, February 6th. UBS Group reiterated a “buy” rating and issued a $170.00 price objective on shares of Bloom Energy in a report on Friday, February 6th. Finally, Daiwa Securities Group set a $98.00 price objective on Bloom Energy in a research report on Tuesday, December 2nd. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Bloom Energy currently has a consensus rating of “Hold” and an average target price of $131.87.
Read Our Latest Stock Analysis on Bloom Energy
Institutional Trading of Bloom Energy
Hedge funds have recently added to or reduced their stakes in the business. World Investment Advisors purchased a new stake in Bloom Energy during the fourth quarter valued at about $1,112,000. Corient Private Wealth LLC increased its holdings in shares of Bloom Energy by 57.4% in the fourth quarter. Corient Private Wealth LLC now owns 35,947 shares of the company’s stock worth $3,123,000 after buying an additional 13,113 shares during the period. Hsbc Holdings PLC lifted its stake in shares of Bloom Energy by 31.6% in the 4th quarter. Hsbc Holdings PLC now owns 342,223 shares of the company’s stock valued at $29,697,000 after acquiring an additional 82,089 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in shares of Bloom Energy in the 4th quarter valued at about $3,665,000. Finally, Virtu Financial LLC purchased a new stake in Bloom Energy during the 4th quarter valued at about $360,000. 77.04% of the stock is owned by institutional investors.
Bloom Energy News Roundup
Here are the key news stories impacting Bloom Energy this week:
- Positive Sentiment: Zacks highlights Bloom Energy among investment ideas focused on oversold AI/infra names, which can attract renewed analyst/inflow interest into BE as momentum and sector narratives shift. Zacks Investment Ideas feature
- Positive Sentiment: Local utility Lansing Board of Water & Light signed NDAs in January with Deep Green and a fuel-cell firm (Bloom appears in coverage), implying early-stage commercial or pilot discussions that could support future order pipeline expectations. BWL NDAs story
- Negative Sentiment: Insider sale — Aman Joshi sold 19,944 shares at ~$154.85 (≈$3.09M); his holdings fell ~9.5%. Filing: SEC filing
- Negative Sentiment: Insider sale — Maciej Kurzymski sold 7,800 shares at ~$151.85 (≈$1.18M); his holdings fell ~8.5%. Filing: SEC filing
- Negative Sentiment: Insider sale — Satish Chitoori sold 18,964 shares at ~$154.45 (≈$2.93M); his holdings fell ~7.6%. Filing: SEC filing
- Negative Sentiment: Insider sales — Shawn Marie Soderberg sold two blocks (29,807 shares at ~$153.78 and 13,074 shares at ~$153.44) totaling ~42,881 shares (~$6.59M); her ownership declined by single‑digit to low‑double digit percentages across filings. Filing: SEC filing
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.
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