Family Manage LLC Takes $419,000 Position in Bloom Energy Corporation $BE

Family Manage LLC acquired a new position in Bloom Energy Corporation (NYSE:BE) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 3,091 shares of the company’s stock, valued at approximately $419,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sona Asset Management US LLC acquired a new stake in Bloom Energy in the first quarter worth about $3,428,000. Delta Global Management LP purchased a new stake in shares of Bloom Energy during the first quarter worth about $1,506,000. Insight Holdings Group LLC acquired a new position in shares of Bloom Energy during the first quarter valued at about $11,114,000. Lombard Odier Asset Management Switzerland SA acquired a new position in shares of Bloom Energy during the first quarter valued at about $459,000. Finally, Renaissance Technologies LLC raised its position in shares of Bloom Energy by 106.0% in the 1st quarter. Renaissance Technologies LLC now owns 535,900 shares of the company’s stock valued at $72,609,000 after purchasing an additional 275,700 shares during the last quarter. 77.04% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Bloom Energy news, insider Shawn Marie Soderberg sold 2,842 shares of Bloom Energy 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 owned 132,265 shares of the company’s stock, valued at approximately $38,175,646.95. The trade was a 2.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Maciej Kurzymski sold 2,259 shares of the company’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $288.62, for a total transaction of $651,992.58. Following the completion of the transaction, the chief accounting officer owned 79,686 shares of the company’s stock, valued at approximately $22,998,973.32. This trade represents a 2.76% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 153,617 shares of company stock valued at $44,003,909 in the last three months. Corporate insiders own 3.00% of the company’s stock.

Bloom Energy Trading Up 2.1%

Bloom Energy stock opened at $188.83 on Tuesday. 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 Corporation has a 12 month low of $32.52 and a 12 month high of $351.28. The stock’s 50 day simple moving average is $269.18 and its two-hundred day simple moving average is $207.93. The firm has a market cap of $53.71 billion, a PE ratio of -3,775.76 and a beta of 3.73.

Bloom Energy (NYSE:BE) last issued 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. The business had revenue of $751.05 million for the quarter, compared to analysts’ expectations of $539.94 million. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The business’s revenue was up 130.4% on a year-over-year basis. During the same quarter last year, the company earned $0.03 EPS. Analysts anticipate that Bloom Energy Corporation will post 1.43 earnings per share for the current year.

Wall Street Analysts Forecast Growth

BE has been the subject of a number of recent analyst reports. Truist Financial started coverage on shares of Bloom Energy in a research note on Monday, July 13th. They issued a “hold” rating and a $250.00 target price for the company. BTIG Research increased their price objective on Bloom Energy to $295.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Bloom Energy in a report on Tuesday, July 21st. Robert W. Baird restated an “outperform” rating and set a $310.00 target price on shares of Bloom Energy in a research report on Thursday, July 9th. Finally, Evercore reaffirmed an “outperform” rating and issued a $350.00 price target on shares of Bloom Energy in a report on Wednesday, July 1st. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $254.00.

More Bloom Energy News

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

• Positive Sentiment: Bloom Energy’s exposure to AI data centers, scalable onsite power systems and improving business outlook were cited as advantages over Plug Power, supporting the view that BE can benefit from rising demand for reliable electricity infrastructure. The article also acknowledged that Bloom trades at a richer valuation. BE vs. PLUG: Which Alternative Energy Stock Looks More Attractive?
• Positive Sentiment: A reported “Power Inflow” alert, based on institutional and retail order-flow data, provided a technical and trading-related catalyst. Such signals can attract momentum traders, although they do not represent a change in Bloom’s fundamentals. Bloom Energy Shares Up 5% After Key Trading Signal
• Positive Sentiment: Investors are anticipating a potentially strong quarterly update, with analysts and commentators suggesting Bloom could raise its full-year outlook again. The company’s prior quarter showed substantial year-over-year revenue growth and an earnings beat, raising expectations for another favorable report. Bloom Energy’s Next Earnings Report on July 28 Could Send the Stock Soaring
• Neutral Sentiment: BE is testing technical support immediately before earnings, making the upcoming report and management guidance the next major catalyst. Results, revenue growth and any changes to 2026 expectations could determine whether the recent recovery continues. Bloom Energy Stock Tests Support Before Earnings
• Negative Sentiment: Unusually heavy put-option activity indicates that some traders are hedging against, or speculating on, further downside. The elevated options activity highlights significant volatility risk around the earnings release. Bloom Energy Target of Unusually Large Options Trading

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.