Central Asset Investments & Management Holdings HK Ltd Sells 40,190 Shares of Bloom Energy Corporation $BE

Central Asset Investments & Management Holdings HK Ltd cut its holdings in shares of Bloom Energy Corporation (NYSE:BE) by 83.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,938 shares of the company’s stock after selling 40,190 shares during the period. Bloom Energy makes up 0.4% of Central Asset Investments & Management Holdings HK Ltd’s holdings, making the stock its 21st biggest holding. Central Asset Investments & Management Holdings HK Ltd’s holdings in Bloom Energy were worth $690,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in BE. WPG Advisers LLC increased its position in shares of Bloom Energy by 26.4% during the fourth quarter. WPG Advisers LLC now owns 321 shares of the company’s stock worth $28,000 after acquiring an additional 67 shares in the last quarter. N.E.W. Advisory Services LLC bought a new stake in Bloom Energy in the 3rd quarter worth about $32,000. Fifth Third Bancorp bought a new stake in Bloom Energy in the 3rd quarter worth about $32,000. Parkside Financial Bank & Trust grew its position in Bloom Energy by 250.9% in the 3rd quarter. Parkside Financial Bank & Trust now owns 393 shares of the company’s stock worth $33,000 after purchasing an additional 281 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position in Bloom Energy by 674.7% in the 1st quarter. NewEdge Advisors LLC now owns 1,867 shares of the company’s stock worth $37,000 after purchasing an additional 1,626 shares in the last quarter. 77.04% of the stock is owned by institutional investors.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: Bloom Energy landed a large AI data center-related order, with Federal Pacific announcing its biggest-ever single contract to supply medium-voltage switchgear and engineering services for a Bloom-backed project, reinforcing demand for Bloom’s power solutions in AI infrastructure. Bloom Energy Lands Record AI Deal As Valuation Stretches Above Targets
• Positive Sentiment: Jim Cramer publicly backed Bloom Energy, saying investors “should buy it” and highlighting that data centers are “going crazy for it,” which may be boosting sentiment around the stock’s role in AI power demand. Jim Cramer on Bloom Energy: “All the Data Centers Are Going Crazy for It”
• Positive Sentiment: Barclays reportedly raised its price target on Bloom Energy, adding to the view that the company’s AI data center power opportunity is getting bigger. Barclays Just Hiked Bloom Energy Price Target to $254: AI Data Center Power Story Just Got Bigger
• Neutral Sentiment: Multiple articles framed Bloom Energy as a high-momentum, long-term growth stock, but these pieces are more commentary than new business developments. 2 Reasons Bloom Energy Is a Once-in-a-Decade Stock Pick for Long-Term Investors
• Neutral Sentiment: The company is also being mentioned in broader clean-energy and solid-oxide fuel cell market coverage, but this does not appear to be a direct near-term stock-moving catalyst. $143.66 Bn Solid Oxide Fuel Cell Market, 2040 with Adelan, Aisin, AVL List, Bloom Energy, Ceres Power Leading

Wall Street Analyst Weigh In

A number of brokerages have issued reports on BE. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bloom Energy in a research report on Friday, April 24th. Citigroup upped their price objective on shares of Bloom Energy to $281.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. TD Cowen upped their price objective on shares of Bloom Energy to $235.00 and gave the stock a “hold” rating in a research report on Wednesday, April 29th. Mizuho set a $285.00 price objective on shares of Bloom Energy in a research report on Friday, May 1st. Finally, BTIG Research upped their price objective on shares of Bloom Energy to $295.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $217.48.

Insider Transactions at Bloom Energy

In related news, insider Aman Joshi sold 19,944 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $154.85, for a total value of $3,088,328.40. Following the completion of the transaction, the insider directly owned 190,521 shares of the company’s stock, valued at approximately $29,502,176.85. This trade represents a 9.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Shawn Marie Soderberg sold 35,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $279.00, for a total transaction of $9,765,000.00. Following the completion of the transaction, the insider directly owned 341,731 shares of the company’s stock, valued at approximately $95,342,949. This trade represents a 9.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 515,092 shares of company stock valued at $95,003,475. Corporate insiders own 3.00% of the company’s stock.

Bloom Energy Stock Up 3.3%

BE opened at $290.05 on Thursday. 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 stock has a market cap of $82.50 billion, a price-to-earnings ratio of -5,799.74 and a beta of 3.82. Bloom Energy Corporation has a twelve month low of $17.01 and a twelve month high of $302.99. The company’s 50-day moving average price is $188.64 and its two-hundred day moving average price is $146.87.

Bloom Energy (NYSE:BE) last released its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.32. The firm 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 company’s quarterly revenue was up 130.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.03 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, equities analysts expect that Bloom Energy Corporation will post 1.26 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.