Bloom Energy Corporation $BE Shares Sold by FNY Investment Advisers LLC

FNY Investment Advisers LLC lessened its holdings in Bloom Energy Corporation (NYSE:BE) by 51.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,818 shares of the company’s stock after selling 6,196 shares during the period. FNY Investment Advisers LLC’s holdings in Bloom Energy were worth $505,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of BE. Graticule Asia Macro Advisors LLC acquired a new stake in shares of Bloom Energy in the third quarter valued at $402,494,000. Trivest Advisors Ltd boosted its holdings in 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 purchasing an additional 3,201,000 shares during the period. Norges Bank acquired a new position in Bloom Energy during the 2nd quarter worth $57,821,000. Westfield Capital Management Co. LP acquired a new position in Bloom Energy during the 3rd quarter worth $141,679,000. Finally, Man Group plc increased its holdings in Bloom Energy by 177.4% during the 2nd quarter. Man Group plc now owns 2,392,915 shares of the company’s stock worth $57,239,000 after purchasing an additional 1,530,167 shares during the period. Institutional investors and hedge funds own 77.04% of the company’s stock.

Insider Transactions at Bloom Energy

In related news, insider Shawn Marie Soderberg sold 15,410 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $150.47, for a total transaction of $2,318,742.70. Following the transaction, the insider owned 195,732 shares in the company, valued at $29,451,794.04. This trade represents a 7.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Maciej Kurzymski sold 7,800 shares of Bloom Energy stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $151.85, for a total value of $1,184,430.00. Following the transaction, the insider directly owned 84,294 shares in the company, valued at approximately $12,800,043.90. This trade represents a 8.47% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 380,092 shares of company stock worth $62,724,725. Insiders own 3.60% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on BE. Zacks Research lowered Bloom Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 9th. Weiss Ratings restated a “hold (c)” rating on shares of Bloom Energy in a research note on Tuesday, January 27th. TD Cowen raised their target price on shares of Bloom Energy to $160.00 and gave the company a “hold” rating in a report on Friday, February 6th. Wall Street Zen downgraded shares of Bloom Energy from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, Citigroup began coverage on shares of Bloom Energy in a report on Tuesday, February 24th. They set a “neutral” rating and a $162.00 price target for the company. One investment 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 given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $131.65.

Bloom Energy Price Performance

Shares of NYSE:BE opened at $135.40 on Friday. Bloom Energy Corporation has a 12 month low of $15.15 and a 12 month high of $180.90. The firm has a market capitalization of $37.99 billion, a P/E ratio of -356.31, a P/E/G ratio of 5.54 and a beta of 3.18. The company has a debt-to-equity ratio of 3.54, a current ratio of 5.98 and a quick ratio of 4.95. The company’s fifty day moving average price is $150.59 and its 200 day moving average price is $121.47.

Bloom Energy (NYSE:BE) last issued its quarterly earnings data on Thursday, February 5th. The company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.20. Bloom Energy had a positive return on equity of 7.88% and a negative net margin of 4.37%.The company had revenue of $777.68 million for the quarter, compared to analyst estimates of $647.59 million. During the same quarter last year, the company posted $0.43 earnings per share. The business’s quarterly revenue was up 35.9% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. As a group, sell-side analysts predict that Bloom Energy Corporation will post -0.23 earnings per share for the current fiscal year.

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.