Rep. Gilbert Ray Cisneros, Jr. Purchases Bloom Energy Corporation (NYSE:BE) Shares

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Bloom Energy Corporation (NYSE:BE). In a filing disclosed on November 18th, the Representative disclosed that they had bought between $1,001 and $15,000 in Bloom Energy stock on October 17th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of CommVault Systems (NASDAQ:CVLT) on 11/3/2025.
• Sold $1,001 – $15,000 in shares of The Descartes Systems Group (NASDAQ:DSGX) on 11/3/2025.
• Purchased $1,001 – $15,000 in shares of Cohen & Steers (NYSE:CNS) on 10/30/2025.
• Purchased $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 10/30/2025.
• Sold $1,001 – $15,000 in shares of UFP Industries (NASDAQ:UFPI) on 10/30/2025.
• Purchased $1,001 – $15,000 in shares of Enerpac Tool Group (NYSE:EPAC) on 10/30/2025.
• Sold $1,001 – $15,000 in shares of Sterling Infrastructure (NASDAQ:STRL) on 10/30/2025.
• Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 10/21/2025.
• Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 10/21/2025.
• Purchased $1,001 – $15,000 in shares of Iberdrola (OTCMKTS:IBDSF) on 10/21/2025.

Bloom Energy Stock Down 14.3%

Shares of NYSE:BE traded down $15.56 on Thursday, reaching $93.37. The company had a trading volume of 20,141,702 shares, compared to its average volume of 15,110,990. The firm has a market capitalization of $22.08 billion, a PE ratio of 605.17, a PEG ratio of 61.38 and a beta of 3.43. The company has a current ratio of 4.40, a quick ratio of 2.88 and a debt-to-equity ratio of 1.98. The firm’s 50 day simple moving average is $101.90 and its 200-day simple moving average is $55.49. Bloom Energy Corporation has a 52-week low of $15.15 and a 52-week high of $147.86.

Bloom Energy (NYSE:BE) last released its quarterly earnings results on Tuesday, October 28th. The company reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.07. Bloom Energy had a net margin of 0.84% and a return on equity of 8.74%. The business had revenue of $508.69 million for the quarter, compared to analysts’ expectations of $425.18 million. During the same period last year, the business earned ($0.01) EPS. The company’s revenue was up 57.1% compared to the same quarter last year. As a group, analysts expect that Bloom Energy Corporation will post -0.23 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in BE. Fifth Third Bancorp acquired a new position in shares of Bloom Energy in the 3rd quarter valued at about $32,000. N.E.W. Advisory Services LLC acquired a new stake in shares of Bloom Energy in the third quarter worth $32,000. Parkside Financial Bank & Trust raised its stake in shares of Bloom Energy by 250.9% in the 3rd quarter. Parkside Financial Bank & Trust now owns 393 shares of the company’s stock valued at $33,000 after acquiring an additional 281 shares during the period. Cranbrook Wealth Management LLC purchased a new position in shares of Bloom Energy in the 3rd quarter valued at $39,000. Finally, E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Bloom Energy during the 3rd quarter valued at $42,000. 77.04% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Bloom Energy

In other Bloom Energy news, insider Shawn Marie Soderberg sold 1,583 shares of the firm’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $105.97, for a total value of $167,750.51. Following the transaction, the insider directly owned 221,633 shares of the company’s stock, valued at $23,486,449.01. This trade represents a 0.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Aman Joshi sold 4,543 shares of the stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $109.13, for a total value of $495,777.59. Following the completion of the sale, the insider owned 219,818 shares of the company’s stock, valued at approximately $23,988,738.34. This trade represents a 2.02% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 341,544 shares of company stock worth $27,784,169 in the last quarter. 3.60% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

BE has been the topic of a number of research analyst reports. TD Cowen boosted their price target on Bloom Energy to $105.00 and gave the stock a “hold” rating in a research note on Wednesday, October 29th. Morgan Stanley lifted their price objective on shares of Bloom Energy to $155.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 29th. Robert W. Baird set a $157.00 target price on Bloom Energy in a research note on Wednesday, October 29th. Hsbc Global Res raised Bloom Energy from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 29th. Finally, Susquehanna upped their target price on Bloom Energy to $157.00 and gave the company a “positive” rating in a research report on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $95.65.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Bloom Energy

Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a solid oxide technology that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels into electricity through an electrochemical process without combustion.