2,408 Shares in Bloom Energy Corporation $BE Purchased by Hunting Hill Global Capital LLC

Hunting Hill Global Capital LLC acquired a new position in shares of Bloom Energy Corporation (NYSE:BEFree Report) during the 4th quarter, Holdings Channel.com reports. The fund acquired 2,408 shares of the company’s stock, valued at approximately $209,000.

Other hedge funds have also bought and sold shares of the company. Hantz Financial Services Inc. boosted its stake in Bloom Energy by 45.5% during the fourth quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock worth $28,000 after acquiring an additional 100 shares in the last quarter. WPG Advisers LLC boosted its stake in Bloom Energy by 26.4% during the fourth quarter. WPG Advisers LLC now owns 321 shares of the company’s stock worth $28,000 after acquiring an additional 67 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in Bloom Energy during the fourth quarter worth about $28,000. Fifth Third Bancorp bought a new stake in Bloom Energy during the third quarter worth about $32,000. Finally, McMillan Office Inc. bought a new stake in Bloom Energy during the fourth quarter worth about $37,000. Institutional investors own 77.04% of the company’s stock.

Insider Activity at Bloom Energy

In related news, insider Satish Chitoori sold 20,000 shares of the stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $204.23, for a total transaction of $4,084,600.00. Following the transaction, the insider owned 212,365 shares in the company, valued at $43,371,303.95. This represents a 8.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Aman Joshi sold 10,000 shares of the stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $135.88, for a total transaction of $1,358,800.00. Following the transaction, the insider owned 180,521 shares in the company, valued at approximately $24,529,193.48. This trade represents a 5.25% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 230,274 shares of company stock valued at $58,696,472 over the last quarter. 3.00% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms recently commented on BE. Susquehanna boosted their price objective on shares of Bloom Energy to $293.00 and gave the stock a “positive” rating in a research note on Wednesday, April 29th. Mizuho set a $285.00 price objective on shares of Bloom Energy in a research note on Friday, May 1st. TD Cowen boosted their price objective on shares of Bloom Energy to $235.00 and gave the stock a “hold” rating in a research note on Wednesday, April 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Bloom Energy in a research note on Friday, April 24th. Finally, Zacks Research upgraded shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 7th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $220.14.

Get Our Latest Research Report on Bloom Energy

Bloom Energy Stock Up 1.5%

Shares of Bloom Energy stock opened at $285.09 on Thursday. The company has a market cap of $81.09 billion, a price-to-earnings ratio of -5,700.68 and a beta of 3.73. The company’s 50 day moving average is $254.92 and its 200 day moving average is $175.55. Bloom Energy Corporation has a twelve month low of $20.93 and a twelve month high of $322.83. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90.

Bloom Energy (NYSE:BEGet Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.32. The company had revenue of $751.05 million for the quarter, compared to the consensus estimate of $539.94 million. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The firm’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 firm earned $0.03 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Research analysts anticipate that Bloom Energy Corporation will post 1.31 EPS for the current year.

Key Stories Impacting Bloom Energy

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

  • Positive Sentiment: Zacks called Bloom Energy a “Bull of the Day,” citing strong demand for its solid oxide fuel cells as a fast-deployable power solution for AI datacenter buildout. Bull of the Day: Bloom Energy (BE)
  • Neutral Sentiment: Bernstein initiated coverage with a “Market Perform” rating and a $276 target, suggesting the stock may be fairly valued after its recent run-up. Has BE Stock Peaked Yet? Here’s What Wall Street And Retail Think
  • Negative Sentiment: Four Bloom Energy insiders, including Shawn Marie Soderberg, Satish Chitoori, Maciej Kurzymski and Aman Joshi, sold shares near $289, which can create short-term pressure despite the sales being tied to tax withholding. SEC filing for Shawn Marie Soderberg sale

About Bloom Energy

(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.

Read More

Want to see what other hedge funds are holding BE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bloom Energy Corporation (NYSE:BEFree Report).

Institutional Ownership by Quarter for Bloom Energy (NYSE:BE)

Receive News & Ratings for Bloom Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bloom Energy and related companies with MarketBeat.com's FREE daily email newsletter.