Avalon Trust Co Sells 121,149 Shares of Bloom Energy Corporation $BE

Posted by George Bondi on Jul 17th, 2026

Avalon Trust Co lessened its holdings in Bloom Energy Corporation (NYSE:BE – Free Report) by 34.1% during the first quarter, Holdings Channel.com reports. The institutional investor owned 233,720 shares of the company’s stock after selling 121,149 shares during the quarter. Bloom Energy comprises approximately 2.2% of Avalon Trust Co’s holdings, making the stock its 11th biggest position. Avalon Trust Co’s holdings in Bloom Energy were worth $31,667,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of BE. Blue Trust Inc. increased its position in shares of Bloom Energy by 37.2% during the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock valued at $25,000 after acquiring an additional 51 shares during the last quarter. Anchor Investment Management LLC purchased a new position in Bloom Energy in the first quarter worth $27,000. WPG Advisers LLC increased its position in shares of Bloom Energy by 26.4% during the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after purchasing an additional 67 shares during the last quarter. Hantz Financial Services Inc. raised its stake in shares of Bloom Energy by 45.5% during the 4th quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock worth $28,000 after purchasing an additional 100 shares during the period. Finally, Godsey & Gibb Inc. raised its stake in shares of Bloom Energy by 2,000.0% during the 1st quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock worth $28,000 after purchasing an additional 200 shares during the period. 77.04% of the stock is owned by institutional investors.

Key Bloom Energy News

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

Positive Sentiment: IDF and Oaktree announced a $1.7 billion project investment to deploy Bloom Energy fuel cells for Nebius’ AI cloud infrastructure, highlighting strong demand for Bloom’s behind-the-meter power solutions and reinforcing its role in the AI data center buildout. Article Title
Positive Sentiment: PR and Yahoo Finance reports say the funding supports a broader deployment of Bloom’s solid oxide fuel-cell technology, which investors may view as validation of Bloom’s ability to provide clean, resilient power for AI-driven data centers. Article Title
Positive Sentiment: Additional commentary from market media and analysts continues to frame Bloom as a beneficiary of the AI data-center power boom, with one note even featuring Jim Cramer telling viewers to buy the stock. Article Title
Neutral Sentiment: Bloom Energy has also appeared in broader bullish stock lists tied to AI infrastructure and alternative-energy power demand, which may add to investor interest but does not change fundamentals on its own. Article Title
Negative Sentiment: A short-seller report from Hunterbrook raised supply-chain concerns, arguing Bloom may rely on scandium sourced from China, which could create a risk if exports are restricted. Article Title

Bloom Energy Stock Down 14.0%

Bloom Energy stock opened at $205.94 on Friday. The firm has a 50 day simple moving average of $279.33 and a 200 day simple moving average of $202.33. The company has a current ratio of 5.03, a quick ratio of 4.10 and a debt-to-equity ratio of 2.90. Bloom Energy Corporation has a 1-year low of $24.04 and a 1-year high of $351.28. The firm has a market capitalization of $58.58 billion, a price-to-earnings ratio of -4,117.90 and a beta of 3.73.

Bloom Energy (NYSE:BE – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.32. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The firm had revenue of $751.05 million during the quarter, compared to analyst estimates of $539.94 million. During the same period last year, the company earned $0.03 earnings per share. The business’s revenue for the quarter 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, analysts predict that Bloom Energy Corporation will post 1.4 earnings per share for the current year.

Insider Buying and Selling at Bloom Energy

In other Bloom Energy news, Director John T. Chambers sold 55,000 shares of Bloom Energy stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $297.69, for a total transaction of $16,372,950.00. Following the completion of the transaction, the director owned 238,333 shares of the company’s stock, valued at $70,949,350.77. The trade was a 18.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Maciej Kurzymski sold 2,259 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $288.62, for a total value of $651,992.58. Following the sale, the chief accounting officer owned 79,686 shares in the company, valued at approximately $22,998,973.32. This represents a 2.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 153,617 shares of company stock worth $44,003,909 in the last three months. 3.00% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on BE. Robert W. Baird reissued an “outperform” rating and issued a $310.00 price target on shares of Bloom Energy in a report on Thursday, July 9th. BMO Capital Markets restated an “outperform” rating on shares of Bloom Energy in a report on Tuesday, June 9th. Wells Fargo & Company lifted their price objective on shares of Bloom Energy to $217.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 29th. TD Cowen boosted their target price on shares of Bloom Energy to $235.00 and gave the company a “hold” rating in a research note on Wednesday, April 29th. Finally, Morgan Stanley reissued an “overweight” rating and set a $310.00 target price on shares of Bloom Energy in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $250.41.

Get Our Latest Stock Analysis on Bloom Energy

Bloom Energy Company Profile

(Free Report)

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.