Bloom Energy Corporation (NYSE:BE – Get Free Report) insider Aman Joshi sold 19,944 shares of the stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $154.85, for a total value of $3,088,328.40. Following the transaction, the insider owned 190,521 shares of the company’s stock, valued at approximately $29,502,176.85. The trade was a 9.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.
Aman Joshi also recently made the following trade(s):
- 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 Trading Up 6.6%
NYSE:BE opened at $166.94 on Friday. The company has a market cap of $46.84 billion, a P/E ratio of -439.32, a price-to-earnings-growth ratio of 6.39 and a beta of 3.11. Bloom Energy Corporation has a twelve month low of $15.15 and a twelve month high of $180.90. The business has a 50 day moving average price of $151.82 and a two-hundred day moving average price of $115.43. The company has a quick ratio of 4.95, a current ratio of 5.98 and a debt-to-equity ratio of 3.54.
Wall Street Analyst Weigh In
BE has been the topic of several analyst reports. Evercore reissued an “outperform” rating and set a $179.00 price target on shares of Bloom Energy in a research report on Friday, February 6th. Mizuho lifted their target price on Bloom Energy to $110.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. JPMorgan Chase & Co. upped their target price on Bloom Energy to $166.00 and gave the stock an “overweight” rating in a report on Friday, February 6th. Wall Street Zen cut Bloom Energy from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Finally, China Renaissance initiated coverage on Bloom Energy in a research note on Wednesday, January 28th. They issued a “buy” rating and a $207.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $131.87.
Read Our Latest Analysis on Bloom Energy
Bloom Energy News Roundup
Here are the key news stories impacting Bloom Energy this week:
- Positive Sentiment: Brookfield commitment positions Bloom to supply fuel‑cell power for AI data centers, implying a multi‑billion dollar deployment pipeline and clear revenue/market‑expansion upside. Bloom Energy Brookfield Deal Links Fuel Cells To AI Data Center Growth
- Positive Sentiment: Industry analysis flags acute data‑center power constraints and fast‑growing demand from big tech capex, supporting Bloom’s TAM and order cadence for on‑site generation products. Bloom Energy: Positioned To Capture Urgent Demand For Data Centers
- Positive Sentiment: Technically, Bloom is consolidating near trend highs with a cup‑with‑handle pattern and support at the 50‑day moving average — a setup that traders interpret as poised for upside if broad buying returns. Bloom Energy (BE) Price Forecast: Support Holds, Trend Poised for Upside
- Positive Sentiment: Investor interest has been bolstered by AI/infrastructure narratives and coverage that highlights Bloom as a beneficiary of the AI power crunch, which can drive multiple and flow into the name. Zacks Investment Ideas feature
- Neutral Sentiment: Street view remains mixed — analyst ratings and price targets vary (buy/hold/sell mix and an average 12‑month target around ~$132), so further upside may depend on execution and order announcements. Why Bloom Energy (BE) Stayed in Focus as AI Power Demand Lifted Interest in the Stock
- Negative Sentiment: Significant insider selling: Aman Joshi sold ~19,944 shares (~$3.09M), which can spook some investors even if sales are routine/for diversification. Aman Joshi Sells 19,944 Shares of Bloom Energy (NYSE:BE) Stock
- Negative Sentiment: Insider selling continued across several executives — Maciej Kurzymski sold 7,800 shares (~$1.18M). Multiple insider sales may temper sentiment despite positive commercial news. Insider Selling: Bloom Energy (NYSE:BE) Insider Sells 7,800 Shares of Stock
- Negative Sentiment: Other officers (Satish Chitoori, Shawn Marie Soderberg) also sold sizable blocks (~19k and ~42.9k shares across filings), adding to the downside risk if investors interpret sales as signaling peak optimism. Satish Chitoori Sells 18,964 Shares of Bloom Energy (NYSE:BE) Stock Shawn Marie Soderberg Sells 29,807 Shares of Bloom Energy (NYSE:BE) Stock
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the company. World Investment Advisors acquired a new position in shares of Bloom Energy during the 4th quarter worth about $1,112,000. Corient Private Wealth LLC raised its holdings in shares of Bloom Energy by 57.4% in the 4th quarter. Corient Private Wealth LLC now owns 35,947 shares of the company’s stock valued at $3,123,000 after purchasing an additional 13,113 shares during the period. Hsbc Holdings PLC lifted its stake in 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 purchasing an additional 82,089 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in Bloom Energy in the 4th quarter valued at about $3,665,000. Finally, Virtu Financial LLC bought a new position in Bloom Energy during the fourth quarter worth about $360,000. Institutional investors own 77.04% of the company’s stock.
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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