Bloom Energy (NYSE:BE) Insider Shawn Marie Soderberg Sells 2,842 Shares

Bloom Energy Corporation (NYSE:BE) insider Shawn Marie Soderberg sold 2,842 shares of the stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $288.63, for a total value of $820,286.46. Following the completion of the transaction, the insider directly owned 132,265 shares of the company’s stock, valued at approximately $38,175,646.95. This represents a 2.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Shawn Marie Soderberg also recently made the following trade(s):

• On Monday, May 18th, Shawn Marie Soderberg sold 2,746 shares of Bloom Energy stock. The stock was sold at an average price of $259.42, for a total value of $712,367.32.
• On Thursday, May 14th, Shawn Marie Soderberg sold 2,879 shares of Bloom Energy stock. The stock was sold at an average price of $288.10, for a total value of $829,439.90.
• On Wednesday, April 29th, Shawn Marie Soderberg sold 35,000 shares of Bloom Energy stock. The stock was sold at an average price of $279.00, for a total value of $9,765,000.00.
• On Wednesday, April 15th, Shawn Marie Soderberg sold 25,000 shares of Bloom Energy stock. The stock was sold at an average price of $225.13, for a total value of $5,628,250.00.
• On Tuesday, April 14th, Shawn Marie Soderberg sold 30,000 shares of Bloom Energy stock. The shares were sold at an average price of $204.23, for a total value of $6,126,900.00.
• On Thursday, March 19th, Shawn Marie Soderberg sold 15,410 shares of Bloom Energy stock. The shares were sold at an average price of $150.47, for a total value of $2,318,742.70.

Bloom Energy Trading Up 1.5%

Bloom Energy stock traded up $4.21 during midday trading on Wednesday, reaching $285.09. 10,976,519 shares of the stock traded hands, compared to its average volume of 10,093,469. The company has a 50-day simple moving average of $254.92 and a two-hundred day simple moving average of $175.55. Bloom Energy Corporation has a 12-month low of $20.93 and a 12-month high of $322.83. The firm has a market cap of $81.09 billion, a PE ratio of -5,700.68 and a beta of 3.73. The company has a current ratio of 5.03, a quick ratio of 4.10 and a debt-to-equity ratio of 2.90.

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

Analysts Set New Price Targets

Several brokerages have recently issued reports on BE. TD Cowen lifted their price objective on Bloom Energy to $235.00 and gave the company a “hold” rating in a research note on Wednesday, April 29th. UBS Group lifted their price objective on Bloom Energy to $251.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Wells Fargo & Company lifted their price objective on Bloom Energy to $217.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 29th. Morgan Stanley reiterated an “overweight” rating and issued a $310.00 price objective on shares of Bloom Energy in a research note on Wednesday, April 29th. Finally, Robert W. Baird lifted their price objective on Bloom Energy to $242.00 and gave the company an “outperform” rating in a research note on Wednesday, April 22nd. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $220.14.

Institutional Investors Weigh In On Bloom Energy

Hedge funds and other institutional investors have recently made changes to their positions in the business. Blue Trust Inc. raised its position in shares of Bloom Energy by 37.2% during the 1st quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after acquiring an additional 51 shares in the last quarter. Anchor Investment Management LLC acquired a new stake in shares of Bloom Energy during the 1st quarter worth about $27,000. WPG Advisers LLC increased its position 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 buying an additional 67 shares during the period. Hantz Financial Services Inc. increased its position 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 buying an additional 100 shares during the period. Finally, Godsey & Gibb Inc. increased its position in Bloom Energy by 2,000.0% during the first quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock worth $28,000 after buying an additional 200 shares during the period. Institutional investors and hedge funds own 77.04% of the company’s stock.

Bloom Energy News Summary

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

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.