Family Manage LLC Acquires Shares of 3,091 Bloom Energy Corporation $BE

Family Manage LLC acquired a new stake in Bloom Energy Corporation (NYSE:BE) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 3,091 shares of the company’s stock, valued at approximately $419,000.

Other large investors have also made changes to their positions in the company. Blue Trust Inc. grew its stake in Bloom Energy by 37.2% in the 1st quarter. Blue Trust Inc. now owns 188 shares of the company’s stock valued at $25,000 after acquiring an additional 51 shares during the period. Anchor Investment Management LLC acquired a new position in Bloom Energy during the first quarter worth $27,000. Godsey & Gibb Inc. lifted its holdings in Bloom Energy by 2,000.0% during the first quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock valued at $28,000 after purchasing an additional 200 shares in the last quarter. CENTRAL TRUST Co lifted its holdings in Bloom Energy by 10,000.0% during the first quarter. CENTRAL TRUST Co now owns 303 shares of the company’s stock valued at $41,000 after purchasing an additional 300 shares in the last quarter. Finally, Hantz Financial Services Inc. grew its position in shares of Bloom Energy by 45.5% in the fourth quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock valued at $28,000 after purchasing an additional 100 shares during the period. 77.04% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Bloom Energy

In other news, insider Aman Joshi sold 8,343 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $300.37, for a total transaction of $2,505,986.91. Following the transaction, the insider directly owned 163,807 shares in the company, valued at $49,202,708.59. The trade was a 4.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Mary K. Bush sold 25,000 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $266.96, for a total value of $6,674,000.00. Following the completion of the sale, the director owned 108,524 shares of the company’s stock, valued at $28,971,567.04. This trade represents a 18.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 153,617 shares of company stock worth $44,003,909. 3.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. JPMorgan Chase & Co. upped their price target on shares of Bloom Energy from $267.00 to $346.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 21st. Robert W. Baird reissued an “outperform” rating and set a $310.00 target price on shares of Bloom Energy in a report on Thursday, July 9th. Truist Financial initiated coverage on Bloom Energy in a research report on Monday, July 13th. They issued a “hold” rating and a $250.00 target price on the stock. TD Cowen reaffirmed a “hold” rating and issued a $235.00 price target on shares of Bloom Energy in a research note on Monday, July 20th. Finally, Barclays boosted their price target on Bloom Energy from $254.00 to $276.00 and gave the stock an “equal weight” rating in a research report on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $254.00.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Bloom Energy’s exposure to AI data centers, scalable onsite power systems and improving business outlook were cited as advantages over Plug Power, supporting the view that BE can benefit from rising demand for reliable electricity infrastructure. The article also acknowledged that Bloom trades at a richer valuation. BE vs. PLUG: Which Alternative Energy Stock Looks More Attractive?
• Positive Sentiment: A reported “Power Inflow” alert, based on institutional and retail order-flow data, provided a technical and trading-related catalyst. Such signals can attract momentum traders, although they do not represent a change in Bloom’s fundamentals. Bloom Energy Shares Up 5% After Key Trading Signal
• Positive Sentiment: Investors are anticipating a potentially strong quarterly update, with analysts and commentators suggesting Bloom could raise its full-year outlook again. The company’s prior quarter showed substantial year-over-year revenue growth and an earnings beat, raising expectations for another favorable report. Bloom Energy’s Next Earnings Report on July 28 Could Send the Stock Soaring
• Neutral Sentiment: BE is testing technical support immediately before earnings, making the upcoming report and management guidance the next major catalyst. Results, revenue growth and any changes to 2026 expectations could determine whether the recent recovery continues. Bloom Energy Stock Tests Support Before Earnings
• Negative Sentiment: Unusually heavy put-option activity indicates that some traders are hedging against, or speculating on, further downside. The elevated options activity highlights significant volatility risk around the earnings release. Bloom Energy Target of Unusually Large Options Trading

Bloom Energy Stock Performance

BE opened at $188.83 on Tuesday. Bloom Energy Corporation has a twelve month low of $32.52 and a twelve month high of $351.28. The firm has a market capitalization of $53.71 billion, a PE ratio of -3,775.76 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. The firm’s 50-day moving average price is $269.18 and its 200 day moving average price is $207.93.

Bloom Energy (NYSE:BE) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $539.94 million. During the same quarter in the prior year, the firm earned $0.03 EPS. Bloom Energy’s quarterly revenue was up 130.4% on a year-over-year basis. As a group, sell-side analysts expect that Bloom Energy Corporation will post 1.43 EPS for the current fiscal year.

About Bloom Energy

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.