Bloom Energy Corporation (NYSE:BE – Get Free Report) insider Satish Chitoori sold 431 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $88.12, for a total transaction of $37,979.72. Following the sale, the insider owned 229,449 shares of the company’s stock, valued at $20,219,045.88. This trade represents a 0.19% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Satish Chitoori also recently made the following trade(s):
- On Friday, November 14th, Satish Chitoori sold 2,085 shares of Bloom Energy stock. The shares were sold at an average price of $104.08, for a total transaction of $217,006.80.
Bloom Energy Stock Up 10.4%
Bloom Energy stock opened at $88.59 on Friday. Bloom Energy Corporation has a twelve month low of $15.15 and a twelve month high of $147.86. The firm has a 50 day moving average price of $109.90 and a 200-day moving average price of $67.59. The company has a market capitalization of $20.95 billion, a P/E ratio of 493.44, a P/E/G ratio of 56.10 and a beta of 3.00. The company has a quick ratio of 2.88, a current ratio of 4.40 and a debt-to-equity ratio of 1.98.
Analyst Ratings Changes
Several brokerages recently weighed in on BE. Oppenheimer reissued a “market perform” rating on shares of Bloom Energy in a report on Wednesday, October 29th. Robert W. Baird set a $157.00 target price on shares of Bloom Energy in a research report on Wednesday, October 29th. Roth Capital reissued a “neutral” rating and issued a $103.00 price target on shares of Bloom Energy in a research report on Wednesday, October 29th. TD Cowen upped their price target on shares of Bloom Energy to $105.00 and gave the company a “hold” rating in a research note on Wednesday, October 29th. Finally, Wedbush set a $39.00 price objective on shares of Bloom Energy in a research note on Tuesday, November 25th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $93.77.
Hedge Funds Weigh In On Bloom Energy
A number of large investors have recently modified their holdings of BE. Graticule Asia Macro Advisors LLC purchased a new position in Bloom Energy during the third quarter valued at approximately $402,494,000. Trivest Advisors Ltd grew 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 valued at $289,229,000 after purchasing an additional 3,201,000 shares in the last quarter. Norges Bank purchased a new position in shares of Bloom Energy during the 2nd quarter valued at $57,821,000. Westfield Capital Management Co. LP bought a new position in shares of Bloom Energy in the third quarter worth $141,679,000. Finally, 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 worth $57,239,000 after buying an additional 1,530,167 shares in the last quarter. 77.04% of the stock is currently owned by institutional investors.
Key Headlines Impacting Bloom Energy
Here are the key news stories impacting Bloom Energy this week:
- Positive Sentiment: Large, outsized call buying — Traders bought ~98,563 call options today (~37% above the average daily call volume), signaling aggressive bullish positioning that can amplify an intraday rally or reflect expectations for further upside.
- Positive Sentiment: Coverage explaining the rally and investor interest in Bloom’s AI/infra exposure helped push sentiment positive; commentary argues the stock’s bounce reflects renewed demand for companies tied to AI infrastructure and Bloom’s energy hardware niche. AAII: Why Bloom Energy Corporation’s (BE) Stock Is Up 8.38%
- Positive Sentiment: The Motley Fool noted a sharp weekly selloff followed by buyers stepping in, highlighting the narrative that AI infrastructure demand could keep interest in Bloom elevated — a view that supports buy-the-dip flows. Fool: Bloom Energy Stock Sank This Week. Is It a Buying Opportunity?
- Neutral Sentiment: Wall Street analyst activity and targets remain mixed but constructive in places (TD Cowen, Susquehanna had higher targets earlier), which supports conviction among some institutional holders; MarketBeat’s compilation shows a consensus “Hold” with a wide range of price targets. MarketBeat coverage and analyst notes
- Neutral Sentiment: Insider sales disclosed (Maciej Kurzymski sold 3,264 shares; Satish Chitoori sold 431 shares) — filings show small percentage reductions in position; these are routine and modest in size relative to insider holdings. SEC filing (Kurzymski) SEC filing (Chitoori)
- Negative Sentiment: Morning AI-related selloff weighed on the stock early, with coverage reporting a ~12% intraday drop tied to broader tech/AI weakness and profit-taking that triggered short-term selling pressure. MSN: Bloom Energy falls amid AI selloff
- Negative Sentiment: Analyst/commentary pieces flagged near-term downside drivers — high valuation multiples, macro/AI rotation risk, and volatility in sentiment — which can keep price swings large even if the longer-term narrative is supportive. Forbes: Why Is Bloom Energy Stock Dropping?
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.
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