Katamaran Capital LLP Buys Shares of 17,562 Bloom Energy Corporation $BE

Katamaran Capital LLP purchased a new position in shares of Bloom Energy Corporation (NYSE:BE) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 17,562 shares of the company’s stock, valued at approximately $2,379,000. Bloom Energy makes up approximately 1.9% of Katamaran Capital LLP’s portfolio, making the stock its 17th biggest position.

A number of other hedge funds have also made changes to their positions in the stock. Brooklands Fund Management Ltd bought a new position in shares of Bloom Energy in the 4th quarter valued at approximately $347,560,000. Norges Bank bought a new stake in Bloom Energy during the fourth quarter worth approximately $239,683,000. Amundi grew its holdings in Bloom Energy by 390.7% during the fourth quarter. Amundi now owns 3,154,197 shares of the company’s stock valued at $274,068,000 after purchasing an additional 2,511,426 shares during the last quarter. Man Group plc raised its position in shares of Bloom Energy by 177.4% in the second quarter. Man Group plc now owns 2,392,915 shares of the company’s stock valued at $57,239,000 after purchasing an additional 1,530,167 shares during the period. Finally, Wellington Management Group LLP bought a new position in shares of Bloom Energy in the third quarter valued at approximately $98,444,000. Institutional investors and hedge funds own 77.04% of the company’s stock.

Insiders Place Their Bets

In other Bloom Energy news, insider Shawn Marie Soderberg sold 35,000 shares of the business’s stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $279.00, for a total value of $9,765,000.00. Following the sale, the insider owned 341,731 shares of the company’s stock, valued at $95,342,949. The trade was a 9.29% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Mary K. Bush sold 25,000 shares of the stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $266.96, for a total transaction of $6,674,000.00. Following the completion of the transaction, the director owned 108,524 shares of the company’s stock, valued at approximately $28,971,567.04. This represents a 18.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 153,617 shares of company stock valued at $44,003,909 in the last ninety days. 3.00% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

BE has been the subject of a number of analyst reports. Citigroup restated a “neutral” rating on shares of Bloom Energy in a research note on Thursday, May 28th. Wall Street Zen upgraded shares of Bloom Energy from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. BTIG Research boosted their target price on shares of Bloom Energy to $295.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. UBS Group upped their price target on shares of Bloom Energy from $322.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Finally, Wells Fargo & Company raised their price target on Bloom Energy to $217.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $250.41.

More Bloom Energy News

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

• Positive Sentiment: UBS reiterated a Buy rating on Bloom Energy and kept a $350 price target, reinforcing the bullish case that the stock’s recent pullback may be a buying opportunity. UBS says ‘buy the dip’ in Bloom Energy stock
• Positive Sentiment: Multiple recent stories highlighted Bloom Energy as an AI infrastructure winner, with demand for alternative power and data-center backup systems supporting the stock’s longer-term growth narrative. Alternative Power Demand Drives Bloom Energy (BE) Higher
• Positive Sentiment: Coverage noted Bloom Energy’s expanded AI power partnership and growing exposure to data-center buildouts, which continues to attract investors looking for beneficiaries of rising electricity demand. Bloom Energy Is Expanding This Key AI Power Partnership to $25 Billion. Time to Buy the Fuel Cell Stock?
• Neutral Sentiment: Analysts and market commentators continued to debate whether Bloom Energy is still below fair value after a massive multi-year run, suggesting the stock may remain volatile as investors weigh growth against a premium valuation. Bloom Energy (BE) Stock Could Be Below Fair Value After A 12x Run
• Negative Sentiment: A new short-seller attack on Bloom Energy’s supply-chain claims added pressure, raising fresh questions about the company’s execution and giving bears a reason to challenge the stock’s rally. Short seller Hunterbrook attacked Bloom Energy’s supply-chain claims. BE stock is bruised, but not broken.

Bloom Energy Trading Up 4.3%

Shares of BE opened at $243.46 on Wednesday. The stock’s 50-day moving average price is $281.33 and its 200 day moving average price is $200.48. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90. The firm has a market capitalization of $69.25 billion, a price-to-earnings ratio of -4,868.27 and a beta of 3.73. Bloom Energy Corporation has a 12-month low of $24.04 and a 12-month high of $351.28.

Bloom Energy (NYSE:BE) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, topping 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 the consensus estimate of $539.94 million. During the same quarter last year, the company earned $0.03 EPS. The company’s quarterly revenue was up 130.4% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, research analysts predict that Bloom Energy Corporation will post 1.4 earnings per share for the current year.

Bloom Energy 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.