CI Investments Inc. Has $14.79 Million Stock Holdings in Bloom Energy Corporation $BE

CI Investments Inc. trimmed its stake in shares of Bloom Energy Corporation (NYSE:BE) by 63.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 109,161 shares of the company’s stock after selling 187,970 shares during the period. CI Investments Inc.’s holdings in Bloom Energy were worth $14,790,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Blue Trust Inc. increased its position in shares of Bloom Energy by 37.2% in the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after acquiring an additional 51 shares in the last quarter. HB Wealth Management LLC boosted its stake in Bloom Energy by 1.6% in the 1st quarter. HB Wealth Management LLC now owns 3,442 shares of the company’s stock worth $466,000 after purchasing an additional 54 shares during the period. WPG Advisers LLC grew its position in Bloom Energy by 26.4% during the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock worth $28,000 after purchasing an additional 67 shares in the last quarter. Cedar Mountain Advisors LLC lifted its holdings in shares of Bloom Energy by 29.0% in the first quarter. Cedar Mountain Advisors LLC now owns 334 shares of the company’s stock valued at $45,000 after purchasing an additional 75 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its position in shares of Bloom Energy by 2.9% in the first quarter. D.A. Davidson & CO. now owns 2,655 shares of the company’s stock worth $360,000 after buying an additional 75 shares during the period. Institutional investors and hedge funds own 77.04% of the company’s stock.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: JPMorgan boosted its price target on Bloom Energy and reaffirmed an Overweight rating, pointing to strong long-term delivery potential and AI-related demand. Why Bloom Energy (BE) Stock Is Trading Up Today
• Positive Sentiment: Bloom Energy has been tied to a reported $1.7 billion AI data center contract, reinforcing the view that AI infrastructure demand could support growth. Bloom Energy Soars 15% on $1.7 Billion AI Data Center Deal
• Neutral Sentiment: Investor commentary from Polen Capital highlighted Bloom Energy as a stock benefiting from AI-driven power demand, but this was more of a thesis update than a fresh catalyst. Bloom Energy Corporation (BE) Rose on AI-Driven Power Demand
• Negative Sentiment: After the recent surge, BE pulled back and underperformed the broader market, indicating some profit-taking or cooling momentum. Bloom Energy (BE) Suffers a Larger Drop Than the General Market: Key Insights

Bloom Energy Stock Performance

Shares of NYSE BE opened at $219.40 on Thursday. Bloom Energy Corporation has a 12 month low of $25.74 and a 12 month high of $351.28. The company has a market cap of $62.41 billion, a P/E ratio of -4,387.08 and a beta of 3.73. The business’s 50 day moving average is $274.14 and its two-hundred day moving average is $205.91. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90.

Bloom Energy (NYSE:BE) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.32. The company had revenue of $751.05 million during the quarter, compared to analysts’ expectations of $539.94 million. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.Bloom Energy’s revenue for the quarter was up 130.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.03 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, equities analysts expect that Bloom Energy Corporation will post 1.43 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have commented on BE. UBS Group raised their price objective on Bloom Energy from $322.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st. Barclays raised their price target on shares of Bloom Energy from $254.00 to $276.00 and gave the stock an “equal weight” rating in a report on Tuesday, June 23rd. Wells Fargo & Company increased their target price on shares of Bloom Energy to $217.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 29th. Royal Bank Of Canada restated an “outperform” rating and set a $335.00 price target on shares of Bloom Energy in a report on Wednesday, June 10th. Finally, Jefferies Financial Group increased their price objective on Bloom Energy from $207.00 to $246.00 and gave the stock a “hold” rating in a report on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $254.00.

Insider Transactions at Bloom Energy

In other Bloom Energy news, insider Shawn Marie Soderberg sold 2,842 shares of the firm’s 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 sale, the insider directly owned 132,265 shares in the company, valued at $38,175,646.95. This trade represents a 2.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Satish Chitoori sold 2,837 shares of the business’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $289.11, for a total transaction of $820,205.07. Following the transaction, the insider owned 207,417 shares in the company, valued at approximately $59,966,328.87. The trade was a 1.35% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 153,617 shares of company stock worth $44,003,909. 3.00% of the stock is currently owned by 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.