Banque Transatlantique SA Sells 5,074 Shares of Bloom Energy Corporation $BE

Banque Transatlantique SA trimmed its position in Bloom Energy Corporation (NYSE:BE) by 90.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 510 shares of the company’s stock after selling 5,074 shares during the period. Banque Transatlantique SA’s holdings in Bloom Energy were worth $44,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. WPG Advisers LLC increased its stake in Bloom Energy by 26.4% in the fourth quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after acquiring an additional 67 shares during the period. Hantz Financial Services Inc. raised its position in Bloom Energy by 45.5% in the fourth quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock worth $28,000 after purchasing an additional 100 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in Bloom Energy during the fourth quarter worth about $28,000. Fifth Third Bancorp bought a new position in Bloom Energy during the third quarter worth about $32,000. Finally, McMillan Office Inc. acquired a new stake in Bloom Energy during the fourth quarter valued at approximately $37,000. 77.04% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Royal Bank Of Canada reiterated an “outperform” rating and issued a $335.00 price objective on shares of Bloom Energy in a research note on Wednesday, June 10th. Susquehanna boosted their price target on Bloom Energy to $293.00 and gave the company a “positive” rating in a research note on Wednesday, April 29th. Mizuho set a $285.00 price target on Bloom Energy in a research report on Friday, May 1st. JPMorgan Chase & Co. lifted their price objective on Bloom Energy to $267.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Finally, Morgan Stanley restated an “overweight” rating and issued a $310.00 target price on shares of Bloom Energy in a research note on Wednesday, April 29th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $220.14.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Recent commentary highlighted Bloom Energy’s clean-power platform as a fast-deploying behind-the-meter solution, which can help customers bypass grid constraints and support AI data-center growth. Bull of the Day: Bloom Energy (BE)
• Positive Sentiment: Sanford C. Bernstein upgraded Bloom Energy to hold, reinforcing the view that Wall Street sees value in the stock’s recent rally and business momentum. Zacks.com
• Neutral Sentiment: Articles also noted Bloom Energy’s strong recent performance versus the broader market, suggesting the stock remains in a momentum-driven phase. Bloom Energy (BE) Ascends While Market Falls: Some Facts to Note
• Negative Sentiment: Several insiders sold shares this week, including the CAO and other executives. The company said the transactions were for tax withholding related to equity vesting, but insider selling can still create some caution among investors.

Bloom Energy Trading Up 15.2%

BE stock opened at $328.38 on Friday. 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 twelve month low of $21.41 and a twelve month high of $329.51. The company has a market cap of $93.40 billion, a P/E ratio of -6,566.29 and a beta of 3.73. The business has a fifty day moving average of $258.78 and a 200-day moving average of $177.09.

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

Insiders Place Their Bets

In other news, Director John T. Chambers sold 55,000 shares of the firm’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $297.69, for a total value of $16,372,950.00. Following the transaction, the director directly owned 238,333 shares in the company, valued at $70,949,350.77. This trade represents a 18.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Shawn Marie Soderberg sold 35,000 shares of the company’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $279.00, for a total value of $9,765,000.00. Following the completion of the sale, the insider owned 341,731 shares of the company’s stock, valued at $95,342,949. This represents a 9.29% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 230,274 shares of company stock worth $58,696,472 over the last three months. Insiders own 3.00% of the company’s stock.

Bloom Energy 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.