Tsfg LLC Purchases 2,346 Shares of Bloom Energy Corporation $BE

Tsfg LLC lifted its position in Bloom Energy Corporation (NYSE:BE) by 18.6% during the 4th quarter, HoldingsChannel reports. The firm owned 14,978 shares of the company’s stock after buying an additional 2,346 shares during the period. Tsfg LLC’s holdings in Bloom Energy were worth $1,301,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. AG2R LA Mondiale Gestion D Actifs bought a new position in shares of Bloom Energy in the fourth quarter worth $1,144,000. Fortem Financial Group LLC bought a new position in Bloom Energy in the fourth quarter valued at $369,000. Valeo Financial Advisors LLC increased its stake in Bloom Energy by 116.8% in the fourth quarter. Valeo Financial Advisors LLC now owns 7,777 shares of the company’s stock valued at $676,000 after acquiring an additional 4,189 shares during the last quarter. Swiss Life Asset Management Ltd increased its stake in Bloom Energy by 49.2% in the fourth quarter. Swiss Life Asset Management Ltd now owns 14,921 shares of the company’s stock valued at $1,296,000 after acquiring an additional 4,922 shares during the last quarter. Finally, ABN AMRO Bank N.V. bought a new position in Bloom Energy in the fourth quarter valued at $1,617,000. Institutional investors own 77.04% of the company’s stock.

Bloom Energy Stock Performance

NYSE BE opened at $284.43 on Tuesday. The company has a 50-day simple moving average of $183.64 and a two-hundred day simple moving average of $144.23. 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 Corporation has a 12-month low of $17.01 and a 12-month high of $302.99. The firm has a market cap of $80.90 billion, a price-to-earnings ratio of -5,687.46 and a beta of 3.82.

Bloom Energy (NYSE:BE) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.32. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The business had revenue of $751.05 million during the quarter, compared to analyst estimates of $539.94 million. During the same period in the prior year, the business posted $0.03 earnings per share. The company’s revenue was up 130.4% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, equities analysts forecast that Bloom Energy Corporation will post 1.31 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on BE shares. Wells Fargo & Company increased their target price on Bloom Energy to $217.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 29th. Morgan Stanley reissued an “overweight” rating and issued a $310.00 target price on shares of Bloom Energy in a research note on Wednesday, April 29th. UBS Group increased their target price on Bloom Energy to $251.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Bloom Energy in a research note on Friday, April 24th. Finally, Robert W. Baird increased their target price on Bloom Energy to $242.00 and gave the company an “outperform” rating in a research note on Wednesday, April 22nd. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $217.48.

Insider Activity

In other news, insider Shawn Marie Soderberg sold 35,000 shares of the stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $279.00, for a total transaction of $9,765,000.00. Following the completion of the sale, the insider directly owned 341,731 shares in the company, valued at approximately $95,342,949. This represents a 9.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Satish Chitoori sold 20,000 shares of the stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $204.23, for a total transaction of $4,084,600.00. Following the sale, the insider owned 212,365 shares of the company’s stock, valued at approximately $43,371,303.95. This represents a 8.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 515,092 shares of company stock valued at $95,003,475. Company insiders own 3.00% of the company’s stock.

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.