Ardsley Advisory Partners LP Increases Stock Position in Bloom Energy Corporation $BE

Ardsley Advisory Partners LP raised its holdings in Bloom Energy Corporation (NYSE:BE) by 920.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 51,000 shares of the company’s stock after purchasing an additional 46,000 shares during the quarter. Ardsley Advisory Partners LP’s holdings in Bloom Energy were worth $4,431,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in BE. Graticule Asia Macro Advisors LLC purchased a new stake in shares of Bloom Energy during the 3rd quarter worth approximately $402,494,000. Brooklands Fund Management Ltd acquired a new position in shares of Bloom Energy during the 4th quarter worth approximately $347,560,000. Trivest Advisors Ltd raised its position in shares of Bloom Energy by 1,461.6% during the 3rd quarter. Trivest Advisors Ltd now owns 3,420,000 shares of the company’s stock worth $289,229,000 after purchasing an additional 3,201,000 shares during the last quarter. Norges Bank acquired a new position in Bloom Energy in the 4th quarter valued at $239,683,000. Finally, Amundi lifted its stake in shares of Bloom Energy by 390.7% during the 4th quarter. Amundi now owns 3,154,197 shares of the company’s stock worth $274,068,000 after purchasing an additional 2,511,426 shares during the period. Hedge funds and other institutional investors 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

Insider Activity

In related news, insider Shawn Marie Soderberg sold 2,842 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $288.63, for a total transaction of $820,286.46. Following the transaction, the insider owned 132,265 shares in the company, valued at $38,175,646.95. This trade represents a 2.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Satish Chitoori sold 2,837 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $289.11, for a total transaction of $820,205.07. Following the transaction, the insider owned 207,417 shares in the company, valued at $59,966,328.87. This represents a 1.35% decrease in their position. 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. Insiders have sold 230,274 shares of company stock worth $58,696,472 over the last ninety days. 3.00% of the stock is currently owned by company insiders.

Bloom Energy Stock Performance

Shares of NYSE BE opened at $285.09 on Thursday. The firm’s 50-day moving average price is $254.92 and its two-hundred day moving average price is $175.55. Bloom Energy Corporation has a 52-week low of $20.93 and a 52-week high of $322.83. The stock has a market capitalization of $81.09 billion, a P/E ratio of -5,700.68 and a beta of 3.73. 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:BE) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.32. The business had revenue of $751.05 million during the quarter, compared to the consensus estimate of $539.94 million. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The business’s revenue was up 130.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.03 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, sell-side analysts forecast that Bloom Energy Corporation will post 1.31 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have weighed in on BE shares. Robert W. Baird increased their price target on Bloom Energy to $242.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 22nd. Wall Street Zen upgraded Bloom Energy from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. UBS Group increased their price target on Bloom Energy to $251.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Sanford C. Bernstein assumed coverage on shares of Bloom Energy in a research report on Tuesday. They issued a “market perform” rating and a $276.00 price objective for the company. Finally, JPMorgan Chase & Co. upped their price objective on shares of Bloom Energy to $267.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Bloom Energy presently has an average rating of “Moderate Buy” and a consensus target price of $220.14.

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.