Bloom Energy (NYSE:BE) Insider Sells $496,086.92 in Stock

Posted by Brian Himes on Aug 21st, 2026

Bloom Energy Corporation (NYSE:BE – Get Free Report) insider Satish Chitoori sold 2,053 shares of Bloom Energy stock in a transaction on Friday, August 14th. The shares were sold at an average price of $241.64, for a total value of $496,086.92. Following the transaction, the insider owned 205,364 shares of the company’s stock, valued at $49,624,156.96. The trade was a 0.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Satish Chitoori also recently made the following trade(s):

On Tuesday, June 16th, Satish Chitoori sold 2,837 shares of Bloom Energy stock. The stock was sold at an average price of $289.11, for a total value of $820,205.07.

Bloom Energy Price Performance

Shares of NYSE:BE opened at $202.52 on Friday. The business has a fifty day moving average price of $245.31 and a 200-day moving average price of $216.97. The company has a debt-to-equity ratio of 1.59, a current ratio of 4.09 and a quick ratio of 3.41. The company has a market capitalization of $59.65 billion, a PE ratio of 270.03, a PEG ratio of 2.83 and a beta of 3.79. Bloom Energy Corporation has a 1-year low of $43.62 and a 1-year high of $351.28.

Bloom Energy (NYSE:BE – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.39. The company had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $826.13 million. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. Bloom Energy’s revenue was up 165.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, equities analysts expect that Bloom Energy Corporation will post 1.92 EPS for the current fiscal year.

Institutional Investors Weigh In On Bloom Energy

Hedge funds and other institutional investors have recently modified their holdings of the stock. Proficio Capital Partners LLC bought a new position in shares of Bloom Energy in the second quarter worth about $400,000. Nwam LLC bought a new position in shares of Bloom Energy during the 2nd quarter valued at approximately $385,000. Teza Capital Management LLC bought a new position in shares of Bloom Energy during the 2nd quarter valued at approximately $382,000. Montanova Capital LLC purchased a new stake in Bloom Energy in the 2nd quarter worth approximately $10,231,000. Finally, JNBA Financial Advisors purchased a new stake in Bloom Energy in the 2nd quarter worth approximately $649,000. 77.04% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Zacks Research raised shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 28th. Morgan Stanley restated an “overweight” rating and issued a $310.00 price target on shares of Bloom Energy in a research note on Wednesday, April 29th. Robert W. Baird reaffirmed an “outperform” rating and set a $310.00 price target on shares of Bloom Energy in a report on Thursday, July 9th. Oppenheimer reaffirmed a “market perform” rating on shares of Bloom Energy in a research report on Wednesday, July 29th. Finally, BMO Capital Markets decreased their target price on Bloom Energy from $279.00 to $227.00 and set a “market perform” rating for the company in a research report on Wednesday, July 29th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $248.05.

View Our Latest Research Report on BE

Trending Headlines about Bloom Energy

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

Positive Sentiment: Bloom introduced Power Connect, a factory-integrated system intended to reduce onsite power installation time by more than 40%. Faster deployment could improve Bloom’s competitiveness in time-sensitive AI data-center projects, where reliable power is in high demand. Bloom Energy Introduces Power Connect
Neutral Sentiment: Investors continue to see a significant long-term opportunity from electricity demand tied to artificial-intelligence data centers. Bloom has reported visibility into potentially 25 gigawatts of deployments, while recent results showed sharply higher revenue and earnings above analyst expectations. However, analysts and commentators caution that the stock already reflects much of the expected growth, with a very high earnings multiple and execution risks around project timing. Bloom Energy: Up 136% This Year
Negative Sentiment: Fuel-cell and hydrogen stocks sold off together, reflecting concerns about rising Treasury yields, which can reduce the appeal of high-growth companies, as well as uncertainty over permitting, execution and the timing of major data-center projects. Bloom’s lofty valuation increases the stock’s sensitivity to any disappointment. Hydrogen Stock Selloff
Negative Sentiment: Several law firms publicized a pending securities class action covering investors who bought Bloom securities from February 27, 2025, through July 8, 2026. The complaints allege Bloom made misleading statements about China-related supply-chain exposure, export controls and tariffs. The allegations have not been proven, but the litigation creates headline, legal and potential financial risks; investors have until September 28, 2026, to seek lead-plaintiff status. Bloom Energy Securities Class Action
Neutral Sentiment: Recent insider transactions were sales, including a director’s sizable sale and other sales reportedly tied to tax withholding from vested equity awards. These transactions may modestly affect sentiment, although they do not necessarily indicate a negative view of Bloom’s business.

About Bloom Energy

(Get 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.