Caitong International Asset Management Co. Ltd Invests $3.67 Million in Bloom Energy Corporation $BE

Caitong International Asset Management Co. Ltd bought a new position in Bloom Energy Corporation (NYSE:BE) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 42,185 shares of the company’s stock, valued at approximately $3,665,000. Bloom Energy makes up 0.9% of Caitong International Asset Management Co. Ltd’s holdings, making the stock its 18th largest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bayforest Capital Ltd bought a new stake in Bloom Energy in the 1st quarter worth approximately $2,055,000. AQR Capital Management LLC purchased a new stake in shares of Bloom Energy during the 1st quarter worth approximately $1,820,000. NewEdge Advisors LLC boosted its position in shares of Bloom Energy by 674.7% during the 1st 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 during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Bloom Energy by 50.3% during the 1st 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 during the last quarter. Finally, Focus Partners Wealth grew its holdings in shares of Bloom Energy by 30.7% in 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 in the last quarter. 77.04% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

BE has been the topic of several research reports. Sanford C. Bernstein started coverage on shares of Bloom Energy in a research report on Tuesday. They issued a “market perform” rating and a $276.00 price target on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Bloom Energy in a research note on Friday, April 24th. Royal Bank Of Canada restated an “outperform” rating and issued a $335.00 target price on shares of Bloom Energy in a report on Wednesday, June 10th. Roth Mkm set a $225.00 price target on shares of Bloom Energy in a report on Wednesday, April 29th. Finally, TD Cowen boosted their price objective on Bloom Energy to $235.00 and gave the stock a “hold” rating in a research note on Wednesday, April 29th. Two equities research 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $220.14.

Insider Buying and Selling at Bloom Energy

In related news, Director Mary K. Bush sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $266.96, for a total transaction of $6,674,000.00. Following the completion of the sale, the director directly owned 108,524 shares of the company’s stock, valued at approximately $28,971,567.04. This trade represents a 18.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John T. Chambers sold 55,000 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $297.69, for a total value of $16,372,950.00. Following the transaction, the director owned 238,333 shares of the company’s stock, valued at approximately $70,949,350.77. The trade was a 18.75% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 230,274 shares of company stock valued at $58,696,472. 3.00% of the stock is owned by company insiders.

More Bloom Energy News

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

• Positive Sentiment: Sanford C. Bernstein upgraded Bloom Energy to “hold”, which may support sentiment by signaling a more constructive view from the analyst community. Street Insider
• Positive Sentiment: Recent commentary said Bloom Energy could benefit from the AI and data-center buildout because its onsite power systems help customers bypass grid constraints and secure reliable electricity. Bull of the Day: Bloom Energy (BE)
• Positive Sentiment: Bloom Energy was highlighted in a Yahoo Finance article about Trump’s latest portfolio, adding to investor visibility and speculative interest in the stock. Is Bloom Energy (BE) The Best Energy Stock in Trump’s Latest Portfolio?
• Neutral Sentiment: Multiple insiders sold shares recently, but the company said the transactions were tied to tax withholding on equity vesting rather than a change in business outlook, so the signal is not strongly negative.
• Neutral Sentiment: Other recent coverage focused on Bloom Energy’s onsite power-generation model and broader stock momentum, reinforcing the existing narrative rather than introducing new fundamental news. Can Bloom Energy Continue to Benefit From Onsite Power Generation?
• Negative Sentiment: The insider selling by Shawn Marie Soderberg, Satish Chitoori, Maciej Kurzymski, and Aman Joshi may pressure sentiment in the near term, even if the sales were for tax-related reasons.

Bloom Energy Trading Down 0.2%

Shares of BE opened at $328.38 on Friday. The company’s fifty day simple moving average is $262.42 and its 200-day simple moving average is $178.15. 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 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 twelve month low of $21.41 and a twelve month high of $329.51.

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

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.