Transatlantique Private Wealth LLC trimmed its stake in Bloom Energy Corporation (NYSE:BE – Free Report) by 37.1% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 6,144 shares of the company’s stock after selling 3,619 shares during the quarter. Transatlantique Private Wealth LLC’s holdings in Bloom Energy were worth $534,000 as of its most recent SEC filing.
A number of other hedge funds also recently added to or reduced their stakes in the stock. Marietta Investment Partners LLC lifted its stake in Bloom Energy by 2.3% in the fourth quarter. Marietta Investment Partners LLC now owns 104,756 shares of the company’s stock valued at $9,102,000 after buying an additional 2,317 shares during the last quarter. CIBC Asset Management Inc increased its holdings in shares of Bloom Energy by 501.5% during the fourth quarter. CIBC Asset Management Inc now owns 42,806 shares of the company’s stock valued at $3,719,000 after purchasing an additional 35,690 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of Bloom Energy by 8.6% during the fourth quarter. Bank of New York Mellon Corp now owns 1,948,521 shares of the company’s stock valued at $169,307,000 after purchasing an additional 154,049 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of Bloom Energy by 63.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,026,245 shares of the company’s stock valued at $176,060,000 after purchasing an additional 783,040 shares during the period. Finally, Florida Financial Advisors LLC acquired a new position in shares of Bloom Energy during the fourth quarter valued at $1,140,000. 77.04% of the stock is currently owned by institutional investors.
More Bloom Energy News
Here are the key news stories impacting Bloom Energy this week:
- Positive Sentiment: Bloom Energy is benefiting from a broader rally after President Trump cut U.S. tariffs on key industrial metals, a move that could lower costs for power-generation and industrial hardware companies. Bloom Energy Stock Rises As Trump Cuts U.S. Tariffs
- Positive Sentiment: Oracle said it will partner with Bloom Energy on gigawatt-scale clean fuel-cell power for AI data centers, reinforcing Bloom’s role as a key supplier of on-site power for fast-growing AI infrastructure. Oracle Reshapes AI Data Centers With Clean Power And Arm Shift
- Positive Sentiment: Additional articles highlighted Bloom Energy’s expanding AI power pipeline, including a reported $5 billion Brookfield partnership and other large-scale fuel-cell agreements, which suggest strong demand and could support revenue growth. Bloom Energy’s AI Power Deals Test Valuation And Execution Expectations
- Positive Sentiment: The CEO said Bloom Energy does not need to raise capital despite the AI boom, which may reassure investors about dilution risk and the company’s funding position. Bloom Energy CEO sees no need to raise capital despite AI boom
- Neutral Sentiment: Bloom Energy was also mentioned in commentary about data-center opposition and NIMBY pushback, with the CEO arguing that resistance to new data centers could actually create more demand for Bloom’s distributed power solutions. NIMBY pushback to data centers a boon for San Jose-based Bloom Energy, CEO Says
- Negative Sentiment: The stock also slipped alongside a broader selloff in fuel-cell names, suggesting some traders were taking profits after a strong run in the sector. FuelCell Energy Plunges 10%, Plug Power Falls 6% in Fuel Cell Rout as Bloom Energy Slips
Wall Street Analyst Weigh In
Get Our Latest Stock Analysis on Bloom Energy
Insider Activity
In related news, insider Aman Joshi sold 19,944 shares of Bloom Energy stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $154.85, for a total transaction of $3,088,328.40. Following the transaction, the insider directly owned 190,521 shares of the company’s stock, valued at $29,502,176.85. The trade was a 9.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mary K. Bush sold 25,000 shares of Bloom Energy stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $266.96, for a total value of $6,674,000.00. Following the transaction, the director directly owned 108,524 shares in the company, valued at approximately $28,971,567.04. The trade was a 18.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 323,777 shares of company stock valued at $71,485,514 over the last quarter. Insiders own 3.00% of the company’s stock.
Bloom Energy Price Performance
NYSE:BE opened at $287.38 on Thursday. The business’s 50-day moving average price is $228.90 and its 200 day moving average price is $163.94. The firm has a market cap of $81.74 billion, a P/E ratio of -5,746.53 and a beta of 3.73. Bloom Energy Corporation has a 52-week low of $19.97 and a 52-week high of $322.83. 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 – Get Free Report) last released its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.32. The firm had revenue of $751.05 million for the quarter, compared to analyst estimates 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 was up 130.4% compared to the same quarter last year. 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, sell-side analysts predict that Bloom Energy Corporation will post 1.31 earnings per share for the current fiscal year.
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.
Read More
- Five stocks we like better than Bloom Energy
- As AI Data Breaches Become More Common, This Cybersecurity ETF Is SurgingAI
- Coke’s $10B India IPO Plan Pops the Top on Hidden Value
- FedEx Unboxes Billions in Post-Spinoff Value
- Marvell’s AI Moment Raises a Bigger Question for Amazon and ServiceNow
Want to see what other hedge funds are holding BE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bloom Energy Corporation (NYSE:BE – Free Report).
Receive News & Ratings for Bloom Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bloom Energy and related companies with MarketBeat.com's FREE daily email newsletter.
