CIBC Private Wealth Group LLC Has $1.74 Million Stake in Bloom Energy Corporation $BE

CIBC Private Wealth Group LLC reduced its position in Bloom Energy Corporation (NYSE:BE) by 18.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,510 shares of the company’s stock after selling 4,743 shares during the period. CIBC Private Wealth Group LLC’s holdings in Bloom Energy were worth $1,735,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of BE. N.E.W. Advisory Services LLC acquired a new position in Bloom Energy during the third quarter worth $32,000. Fifth Third Bancorp acquired a new position in shares of Bloom Energy during the third quarter valued at about $32,000. Parkside Financial Bank & Trust increased its position in shares of Bloom Energy by 250.9% during the third quarter. Parkside Financial Bank & Trust now owns 393 shares of the company’s stock worth $33,000 after acquiring an additional 281 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new stake in shares of Bloom Energy during the second quarter worth about $36,000. Finally, NewEdge Advisors LLC raised its holdings in shares of Bloom Energy by 674.7% in the 1st quarter. NewEdge Advisors LLC now owns 1,867 shares of the company’s stock worth $37,000 after acquiring an additional 1,626 shares during the last quarter. Institutional investors and hedge funds own 77.04% of the company’s stock.

Insider Buying and Selling

In related news, insider Maciej Kurzymski sold 7,800 shares of Bloom Energy stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $151.85, for a total value of $1,184,430.00. Following the completion of the transaction, the insider directly owned 84,294 shares in the company, valued at approximately $12,800,043.90. The trade was a 8.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Satish Chitoori sold 18,964 shares of the business’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $154.45, for a total transaction of $2,928,989.80. Following the sale, the insider directly owned 232,365 shares in the company, valued at $35,888,774.25. The trade was a 7.55% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 370,092 shares of company stock worth $61,365,925 in the last 90 days. 3.50% of the stock is currently owned by company insiders.

More Bloom Energy News

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

• Positive Sentiment: Brookfield committed multibillion-dollar investment to deploy Bloom’s fuel cells in AI-focused data centers — a direct demand pipeline that underpins revenue growth and institutional validation. Bloom Energy Brookfield Deal Links Fuel Cells To AI Data Center Growth
• Positive Sentiment: Analyst commentary highlights a nearly 596% one‑year surge driven by AI data center demand and distributed power solutions; rising estimates and improved ROIC support a bullish fundamental narrative. Bloom Energy Outpaces Industry in a Year: How to Play the Stock?
• Positive Sentiment: Market write-ups note a near‑term rally (shares climbed earlier this week) as investors favor companies with on‑demand and less geopolitically exposed services. Bloom Energy (BE) Climbs 6.5%–Here’s Why
• Positive Sentiment: Technical analysis shows consolidation near trend highs with a cup‑with‑handle pattern and support at the 50‑day moving average — suggests upside if buying resumes. Bloom Energy (BE) Price Forecast: Support Holds, Trend Poised for Upside
• Neutral Sentiment: Bloom appears on lists of top market movers today — useful for intraday attention but not a standalone fundamental driver. 10 Stocks Dominating Today’s Market Action: Bloom, Vermilion and More
• Neutral Sentiment: Broader sector commentary (news roundup) may influence sentiment but contains mixed signals for fuel‑cell peers. Stock Market Today, March 18: Plug Power’s Rally Stalls Slightly
• Negative Sentiment: Headline reporting ties a recent share dip to insider selling, which can prompt short‑term weakness and increase volatility. Bloom Energy (NYSE:BE) Stock Price Down 2.1% on Insider Selling
• Negative Sentiment: Officer Shawn Marie Soderberg sold 29,807 shares — another reported insider sale that may be viewed as profit‑taking. Shawn Marie Soderberg Sells 29,807 Shares of Bloom Energy (NYSE:BE) Stock
• Negative Sentiment: Executives Aman Joshi and Satish Chitoori also reported sales (19,944 and 18,964 shares), adding to the near‑term sell pressure narrative. Aman Joshi Sells 19,944 Shares of Bloom Energy (NYSE:BE) Stock Satish Chitoori Sells 18,964 Shares of Bloom Energy (NYSE:BE) Stock

Bloom Energy Price Performance

NYSE BE opened at $149.65 on Monday. The company has a market cap of $41.98 billion, a PE ratio of -393.82, a price-to-earnings-growth ratio of 6.13 and a beta of 3.11. Bloom Energy Corporation has a 52 week low of $15.15 and a 52 week high of $180.90. The company has a quick ratio of 4.95, a current ratio of 5.98 and a debt-to-equity ratio of 3.54. The firm’s 50-day simple moving average is $152.13 and its two-hundred day simple moving average is $117.00.

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

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on BE shares. Bank of America set a $39.00 price target on shares of Bloom Energy in a research report on Tuesday, November 25th. Barclays began coverage on Bloom Energy in a research note on Wednesday, January 28th. They issued an “equal weight” rating and a $153.00 price objective for the company. UBS Group restated a “buy” rating and issued a $170.00 target price on shares of Bloom Energy in a report on Friday, February 6th. Royal Bank Of Canada set a $143.00 target price on Bloom Energy in a research report on Tuesday, January 20th. Finally, Wall Street Zen downgraded Bloom Energy from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $131.87.

Bloom Energy Company 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.