Mezzasalma Advisors LLC Grows Stake in Bloom Energy Corporation $BE

Mezzasalma Advisors LLC grew its stake in shares of Bloom Energy Corporation (NYSE:BE) by 45.5% during the fourth quarter, HoldingsChannel reports. The firm owned 75,335 shares of the company’s stock after buying an additional 23,569 shares during the period. Bloom Energy accounts for 1.5% of Mezzasalma Advisors LLC’s portfolio, making the stock its 18th largest position. Mezzasalma Advisors LLC’s holdings in Bloom Energy were worth $6,546,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Bayforest Capital Ltd purchased a new stake in shares of Bloom Energy during the 1st quarter valued at about $2,055,000. AQR Capital Management LLC purchased a new position in Bloom Energy in the 1st quarter worth approximately $1,820,000. NewEdge Advisors LLC grew its position in Bloom Energy by 674.7% in the first quarter. NewEdge Advisors LLC now owns 1,867 shares of the company’s stock valued at $37,000 after acquiring an additional 1,626 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Bloom Energy by 50.3% in the first quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company’s stock valued at $49,127,000 after acquiring an additional 836,810 shares in the last quarter. Finally, Focus Partners Wealth raised its stake in shares of Bloom Energy by 30.7% during the first quarter. Focus Partners Wealth now owns 20,063 shares of the company’s stock valued at $394,000 after purchasing an additional 4,716 shares during the period. Institutional investors and hedge funds own 77.04% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on BE. Roth Mkm boosted their target price on shares of Bloom Energy to $133.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 3rd. Wall Street Zen downgraded shares of Bloom Energy from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Zacks Research lowered shares of Bloom Energy from a “strong-buy” rating to a “hold” rating in a report on Monday, March 9th. Morgan Stanley upped their price objective on shares of Bloom Energy to $184.00 and gave the company an “overweight” rating in a research report on Friday, February 6th. Finally, BTIG Research raised their target price on Bloom Energy to $165.00 and gave the company a “buy” rating in a research note on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $131.65.

Bloom Energy Stock Down 0.2%

BE stock opened at $135.40 on Monday. The company has a current ratio of 5.98, a quick ratio of 4.95 and a debt-to-equity ratio of 3.54. The firm has a 50 day simple moving average of $150.59 and a 200-day simple moving average of $122.10. The company has a market capitalization of $37.99 billion, a P/E ratio of -356.31, a PEG ratio of 5.54 and a beta of 3.18. Bloom Energy Corporation has a twelve month low of $15.15 and a twelve month high of $180.90.

Bloom Energy (NYSE:BE) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.20. Bloom Energy had a negative net margin of 4.37% and a positive return on equity of 7.88%. The firm had revenue of $777.68 million for the quarter, compared to analysts’ expectations of $647.59 million. During the same period in the prior year, the company posted $0.43 earnings per share. The firm’s quarterly revenue was up 35.9% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. On average, equities research analysts predict that Bloom Energy Corporation will post -0.23 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Maciej Kurzymski sold 7,800 shares of Bloom Energy stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $151.85, for a total value of $1,184,430.00. Following the completion of the transaction, the insider directly owned 84,294 shares in the company, valued at approximately $12,800,043.90. This trade represents a 8.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Satish Chitoori sold 18,964 shares of the business’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $154.45, for a total value of $2,928,989.80. Following the completion of the sale, the insider directly owned 232,365 shares of the company’s stock, valued at approximately $35,888,774.25. This represents a 7.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 380,092 shares of company stock worth $62,724,725. 3.60% of the stock is currently owned by insiders.

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.