Bloom Energy (NYSE:BE) Shares Down 6.2% Following Insider Selling

Bloom Energy Corporation (NYSE:BE) shares were down 6.2% during mid-day trading on Monday after an insider sold shares in the company. The stock traded as low as $249.01 and last traded at $258.9310. Approximately 10,914,623 shares traded hands during mid-day trading, a decline of 3% from the average daily volume of 11,209,151 shares. The stock had previously closed at $275.95.

Specifically, insider Aman Joshi sold 4,813 shares of the stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $288.20, for a total transaction of $1,387,106.60. Following the completion of the transaction, the insider directly owned 175,708 shares of the company’s stock, valued at $50,639,045.60. This represents a 2.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shawn Marie Soderberg sold 2,746 shares of the company’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $259.42, for a total transaction of $712,367.32. Following the transaction, the insider owned 135,107 shares in the company, valued at $35,049,457.94. The trade was a 1.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In other Bloom Energy news, insider Shawn Marie Soderberg sold 2,879 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $288.10, for a total transaction of $829,439.90. Following the transaction, the insider directly owned 137,853 shares in the company, valued at approximately $39,715,449.30. This represents a 2.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Wall Street Analyst Weigh In

Several research firms have recently commented on BE. Wall Street Zen upgraded shares of Bloom Energy from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. China Renaissance began coverage on shares of Bloom Energy in a research report on Wednesday, January 28th. They issued a “buy” rating and a $207.00 price target on the stock. UBS Group increased their price target on shares of Bloom Energy to $251.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Robert W. Baird increased their price target on shares of Bloom Energy to $242.00 and gave the company an “outperform” rating in a research report on Wednesday, April 22nd. Finally, Zacks Research upgraded shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $217.48.

Bloom Energy News Roundup

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

• Positive Sentiment: Bloom Energy continues to attract bullish attention as a clean-energy and AI infrastructure play, with articles framing it as a solution to rising power-supply constraints for data centers and industrial users.
• Positive Sentiment: Analyst sentiment remains supportive overall, with recent price-target increases and a consensus “Moderate Buy” rating helping underpin the stock’s move higher.
• Positive Sentiment: The company’s latest quarterly results were very strong, with revenue up sharply year over year and EPS far above expectations, which continues to drive momentum in the shares.
• Neutral Sentiment: Bloom Energy insiders have recently sold shares, but the filings indicate these were largely tied to tax withholding from equity awards rather than a clear change in business outlook.
• Negative Sentiment: After a large post-earnings rally, some traders appear to be taking profits, and recent reports note short-term volatility as the stock potentially cools from overbought levels.

Bloom Energy Stock Performance

The company has a market cap of $80.31 billion, a price-to-earnings ratio of -5,645.37 and a beta of 3.82. The stock’s fifty day simple moving average is $198.40 and its two-hundred day simple moving average is $151.36. The company has a debt-to-equity ratio of 2.90, a quick ratio of 4.10 and a current ratio of 5.03.

Bloom Energy (NYSE:BE) last posted its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.32. The business had revenue of $751.05 million for the quarter, compared to analyst estimates of $539.94 million. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The business’s quarterly revenue was up 130.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.03 EPS. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Equities research analysts anticipate that Bloom Energy Corporation will post 1.31 EPS for the current year.

Institutional Investors Weigh In On Bloom Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Blue Trust Inc. grew its stake in shares of Bloom Energy by 37.2% in the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after purchasing an additional 51 shares in the last quarter. Anchor Investment Management LLC bought a new position in Bloom Energy in the 1st quarter valued at about $27,000. WPG Advisers LLC increased its stake in Bloom Energy by 26.4% during the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after buying an additional 67 shares during the period. Hantz Financial Services Inc. raised its position in shares of Bloom Energy by 45.5% during the 4th quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock worth $28,000 after buying an additional 100 shares in the last quarter. Finally, Godsey & Gibb Inc. raised its position in shares of Bloom Energy by 2,000.0% during the 1st quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock worth $28,000 after buying an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 77.04% of the company’s stock.

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.