Bloom Energy Corporation (NYSE:BE – Get Free Report) insider Aman Joshi sold 4,813 shares of Bloom Energy stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $288.20, for a total transaction of $1,387,106.60. Following the transaction, the insider directly owned 175,708 shares in the company, valued at $50,639,045.60. The trade was a 2.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Aman Joshi also recently made the following trade(s):
- On Wednesday, April 1st, Aman Joshi sold 10,000 shares of Bloom Energy stock. The stock was sold at an average price of $135.88, for a total transaction of $1,358,800.00.
- On Monday, March 16th, Aman Joshi sold 19,944 shares of Bloom Energy stock. The stock was sold at an average price of $154.85, for a total transaction of $3,088,328.40.
- On Wednesday, February 25th, Aman Joshi sold 10,000 shares of Bloom Energy stock. The stock was sold at an average price of $175.60, for a total transaction of $1,756,000.00.
- On Tuesday, February 17th, Aman Joshi sold 3,746 shares of Bloom Energy stock. The stock was sold at an average price of $139.81, for a total transaction of $523,728.26.
Bloom Energy Stock Up 8.0%
Bloom Energy stock opened at $282.33 on Thursday. The company’s 50 day simple moving average is $201.03 and its 200 day simple moving average is $152.45. Bloom Energy Corporation has a fifty-two week low of $17.01 and a fifty-two week high of $310.00. The firm has a market capitalization of $80.30 billion, a price-to-earnings ratio of -5,645.37 and a beta of 3.82. The company has a debt-to-equity ratio of 2.90, a current ratio of 5.03 and a quick ratio of 4.10.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on BE. UBS Group lifted their price target on shares of Bloom Energy to $251.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bloom Energy in a research note on Friday, April 24th. Wall Street Zen raised shares of Bloom Energy from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Morgan Stanley reaffirmed an “overweight” rating and issued a $310.00 price target on shares of Bloom Energy in a research note on Wednesday, April 29th. Finally, Evercore restated an “outperform” rating and issued a $179.00 price target on shares of Bloom Energy in a report on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Bloom Energy presently has an average rating of “Moderate Buy” and an average price target of $217.48.
Read Our Latest Research Report on BE
Institutional Trading of Bloom Energy
A number of hedge funds and other institutional investors have recently made changes to their positions in BE. Creekmur Asset Management LLC bought a new stake in shares of Bloom Energy in the third quarter valued at about $1,825,000. Meridian Wealth Management LLC bought a new stake in shares of Bloom Energy in the third quarter valued at about $553,000. Straight Path Wealth Management bought a new stake in shares of Bloom Energy in the third quarter valued at about $1,099,000. Strs Ohio boosted its position in shares of Bloom Energy by 24.8% in the fourth quarter. Strs Ohio now owns 41,200 shares of the company’s stock valued at $3,580,000 after acquiring an additional 8,200 shares during the period. Finally, Teachers Retirement System of The State of Kentucky bought a new stake in shares of Bloom Energy in the third quarter valued at about $1,985,000. 77.04% of the stock is currently owned by institutional investors and hedge funds.
Key Bloom Energy News
Here are the key news stories impacting Bloom Energy this week:
- Positive Sentiment: Bloom Energy won investor attention after a power supply deal with Nebius, strengthening the bullish case for its role in AI and data center power needs. BE stock climbs on power supply deal with Nebius — retail calls Bloom an ‘energy juggernaut’
- Positive Sentiment: Analyst and investor coverage continues to frame Bloom Energy as a beneficiary of climate and clean-energy trends, with a median price target above recent trading levels. Is Bloom Energy (BE) One of the Best Climate Change Stocks to Buy According to Analysts?
- Positive Sentiment: Recent commentary says Bloom Energy is one of the names best positioned to solve AI’s power-supply bottleneck, keeping momentum strong around the stock. Bloom Energy May Be Solving AI’s Biggest Power Problem
- Positive Sentiment: The company’s latest earnings were well above expectations, with revenue surging and management lifting FY2026 guidance, which continues to support the bull case. Bloom Energy (BE) Crushes Q1 Estimates, Raises 2026 Guidance
- Neutral Sentiment: Some recent insider share sales have drawn attention, but the filings indicate the transactions were mainly related to tax withholding on vested equity awards rather than a clear change in business outlook. Bloom Energy (NYSE:BE) Insider Satish Chitoori Sells 2,111 Shares
- Negative Sentiment: Despite the bullish news flow, the stock has also been volatile, and some traders are taking profits after a large run-up following earnings. Bloom Energy shares are sliding Tuesday: What’s driving the action?
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.
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