Shawn Marie Soderberg Sells 2,879 Shares of Bloom Energy (NYSE:BE) Stock

Bloom Energy Corporation (NYSE:BEGet Free Report) insider Shawn Marie Soderberg sold 2,879 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $288.10, for a total value of $829,439.90. Following the completion of the sale, the insider directly owned 137,853 shares in the company, valued at approximately $39,715,449.30. The trade was a 2.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Shawn Marie Soderberg also recently made the following trade(s):

  • On Monday, May 18th, Shawn Marie Soderberg sold 2,746 shares of Bloom Energy stock. The stock was sold at an average price of $259.42, for a total value of $712,367.32.
  • On Wednesday, April 29th, Shawn Marie Soderberg sold 35,000 shares of Bloom Energy stock. The stock was sold at an average price of $279.00, for a total value of $9,765,000.00.
  • On Wednesday, April 15th, Shawn Marie Soderberg sold 25,000 shares of Bloom Energy stock. The stock was sold at an average price of $225.13, for a total value of $5,628,250.00.
  • On Tuesday, April 14th, Shawn Marie Soderberg sold 30,000 shares of Bloom Energy stock. The stock was sold at an average price of $204.23, for a total value of $6,126,900.00.
  • On Thursday, March 19th, Shawn Marie Soderberg sold 15,410 shares of Bloom Energy stock. The stock was sold at an average price of $150.47, for a total value of $2,318,742.70.
  • On Tuesday, March 17th, Shawn Marie Soderberg sold 13,074 shares of Bloom Energy stock. The stock was sold at an average price of $153.44, for a total value of $2,006,074.56.
  • On Monday, March 16th, Shawn Marie Soderberg sold 29,807 shares of Bloom Energy stock. The stock was sold at an average price of $153.78, for a total value of $4,583,720.46.
  • On Wednesday, February 25th, Shawn Marie Soderberg sold 20,000 shares of Bloom Energy stock. The stock was sold at an average price of $180.00, for a total value of $3,600,000.00.
  • On Wednesday, February 25th, Shawn Marie Soderberg sold 25,244 shares of Bloom Energy stock. The stock was sold at an average price of $177.93, for a total value of $4,491,664.92.
  • On Tuesday, February 17th, Shawn Marie Soderberg sold 3,332 shares of Bloom Energy stock. The stock was sold at an average price of $139.56, for a total value of $465,013.92.

Bloom Energy Stock Down 6.2%

Shares of NYSE BE traded down $17.02 during trading on Monday, reaching $258.93. The company had a trading volume of 10,956,661 shares, compared to its average volume of 10,262,570. Bloom Energy Corporation has a 12-month low of $17.01 and a 12-month high of $310.00. The stock has a market cap of $73.65 billion, a PE ratio of -5,177.58 and a beta of 3.82. The business’s 50-day moving average is $195.89 and its 200 day moving average is $150.45. 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:BEGet Free Report) last released its earnings results on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.32. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The firm had revenue of $751.05 million for the quarter, compared to analysts’ expectations of $539.94 million. During the same period in the prior year, the firm posted $0.03 earnings per share. The company’s quarterly revenue was up 130.4% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, equities analysts forecast that Bloom Energy Corporation will post 1.31 earnings per share for the current fiscal year.

Bloom Energy News Roundup

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

Analyst Upgrades and Downgrades

A number of research firms have recently commented on BE. Robert W. Baird increased their target price on Bloom Energy to $242.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 22nd. UBS Group increased their target price on Bloom Energy to $251.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. TD Cowen increased their target price on Bloom Energy to $235.00 and gave the stock a “hold” rating in a research note on Wednesday, April 29th. BMO Capital Markets increased their target price on Bloom Energy to $149.00 and gave the stock a “market perform” rating in a research note on Friday, February 6th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $310.00 target price on shares of Bloom Energy in a research note on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $217.48.

Read Our Latest Analysis on BE

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in BE. Blue Trust Inc. boosted its holdings in Bloom Energy by 37.2% in the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after purchasing an additional 51 shares during the last quarter. Anchor Investment Management LLC bought a new stake in shares of Bloom Energy in the first quarter worth $27,000. WPG Advisers LLC increased its position in Bloom Energy by 26.4% during 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 last quarter. Hantz Financial Services Inc. boosted 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 during the last quarter. Finally, Godsey & Gibb Inc. increased its position in shares of Bloom Energy by 2,000.0% during the 1st quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock valued at $28,000 after purchasing an additional 200 shares during the last quarter. 77.04% of the stock is owned by hedge funds and other institutional investors.

About Bloom Energy

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Bloom Energy (NYSE:BE)

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