TB Alternative Assets Ltd. Takes Position in Bloom Energy Corporation $BE

TB Alternative Assets Ltd. purchased a new position in Bloom Energy Corporation (NYSE:BE) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 4,803 shares of the company’s stock, valued at approximately $417,000.

Other hedge funds also recently bought and sold shares of the company. Fifth Third Bancorp purchased a new stake in Bloom Energy during the 3rd quarter valued at about $32,000. N.E.W. Advisory Services LLC purchased a new position in Bloom Energy in the third quarter worth about $32,000. Parkside Financial Bank & Trust lifted its stake in shares of Bloom Energy by 250.9% in the third quarter. Parkside Financial Bank & Trust now owns 393 shares of the company’s stock worth $33,000 after buying an additional 281 shares in the last quarter. Cranbrook Wealth Management LLC bought a new position in shares of Bloom Energy in the third quarter worth approximately $39,000. Finally, Lodestone Wealth Management LLC purchased a new stake in shares of Bloom Energy during the fourth quarter valued at approximately $43,000. Institutional investors own 77.04% of the company’s stock.

Bloom Energy Trading Down 2.2%

Bloom Energy stock opened at $132.48 on Thursday. Bloom Energy Corporation has a 52-week low of $15.15 and a 52-week high of $180.90. The company has a market cap of $37.17 billion, a P/E ratio of -348.64, a P/E/G ratio of 5.53 and a beta of 3.11. The company has a quick ratio of 4.95, a current ratio of 5.98 and a debt-to-equity ratio of 3.54. The business has a 50-day simple moving average of $150.98 and a two-hundred day simple moving average of $120.89.

Bloom Energy (NYSE:BE) last issued its quarterly earnings data on Thursday, February 5th. The company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.20. The firm had revenue of $777.68 million for the quarter, compared to analysts’ expectations of $647.59 million. Bloom Energy had a negative net margin of 4.37% and a positive return on equity of 7.88%. The business’s quarterly revenue was up 35.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.43 EPS. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. Analysts predict that Bloom Energy Corporation will post -0.23 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on BE shares. Jefferies Financial Group reduced their price target on shares of Bloom Energy to $97.00 and set an “underperform” rating for the company in a research report on Friday, March 27th. Citigroup started coverage on Bloom Energy in a research note on Tuesday, February 24th. They set a “neutral” rating and a $162.00 target price on the stock. UBS Group reissued a “buy” rating and issued a $170.00 target price on shares of Bloom Energy in a report on Friday, February 6th. Zacks Research cut Bloom Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 9th. Finally, Evercore reaffirmed an “outperform” rating and set a $179.00 price target on shares of Bloom Energy in a report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $131.65.

Insiders Place Their Bets

In other news, insider Shawn Marie Soderberg sold 29,807 shares of Bloom Energy stock in a transaction on Monday, March 16th. The shares were sold at an average price of $153.78, for a total transaction of $4,583,720.46. Following the transaction, the insider owned 224,216 shares in the company, valued at $34,479,936.48. This trade represents a 11.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Maciej Kurzymski sold 7,800 shares of the business’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $151.85, for a total transaction of $1,184,430.00. Following the sale, the insider directly owned 84,294 shares of the company’s stock, valued at approximately $12,800,043.90. The trade was a 8.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 370,092 shares of company stock valued at $61,365,925. 3.60% of the stock is currently owned by corporate insiders.

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.