Bloom Energy (NYSE:BE) Shares Down 5.6% on Insider Selling

Key Points

• Shares fell 5.6% after insider selling—three insiders (Shawn Soderberg, Aman Joshi and Maciej Kurzymski) sold a combined 43,154 shares for roughly $6.59 million, boosting volume and pushing the stock to about $141.75.
• The analyst picture is mixed: MarketBeat's consensus is "Hold" with an average target of $131.87, while individual targets range widely from about $39 to $184.
• Bloom beat the latest quarter (EPS $0.45 vs. $0.25 est., revenue up 35.9%) and gave FY2026 guidance of $1.33–$1.48 EPS, though the company still shows a negative net margin and a volatile valuation.

Shares of Bloom Energy Corporation (NYSE:BE - Get Free Report) were down 5.6% on Monday after an insider sold shares in the company. The company traded as low as $141.25 and last traded at $141.7550. Approximately 12,567,221 shares changed hands during trading, an increase of 7% from the average daily volume of 11,751,929 shares. The stock had previously closed at $150.12.

Specifically, insider Shawn Marie Soderberg sold 15,410 shares of the stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $150.47, for a total transaction of $2,318,742.70. Following the transaction, the insider directly owned 195,732 shares in the company, valued at $29,451,794.04. This represents a 7.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Aman Joshi sold 19,944 shares of the firm's stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $154.85, for a total transaction of $3,088,328.40. Following the completion of the sale, the insider directly owned 190,521 shares in the company, valued at $29,502,176.85. This represents a 9.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In related news, insider Maciej Kurzymski sold 7,800 shares of the company's stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $151.85, for a total transaction of $1,184,430.00. Following the completion of the transaction, the insider owned 84,294 shares of the company's stock, valued at approximately $12,800,043.90. This represents a 8.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on BE. Bank of America set a $39.00 price target on shares of Bloom Energy in a report on Tuesday, November 25th. Truist Financial set a $68.00 price objective on Bloom Energy in a report on Friday, January 9th. TD Cowen increased their target price on Bloom Energy to $160.00 and gave the stock a "hold" rating in a research report on Friday, February 6th. Morgan Stanley lifted their target price on Bloom Energy to $184.00 and gave the company an "overweight" rating in a report on Friday, February 6th. Finally, BMO Capital Markets boosted their price target on Bloom Energy to $149.00 and gave the company a "market perform" rating in a research report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $131.87.

Bloom Energy Trading Down 5.6%

The firm's 50 day simple moving average is $152.13 and its 200-day simple moving average is $117.00. The company has a market capitalization of $39.77 billion, a PE ratio of -373.04, a P/E/G ratio of 6.13 and a beta of 3.11. The company has a quick ratio of 4.95, a current ratio of 5.98 and a debt-to-equity ratio of 3.54.

Bloom Energy (NYSE:BE - Get Free Report) last issued its earnings results on Thursday, February 5th. The company reported $0.45 EPS for the quarter, beating analysts' consensus estimates of $0.25 by $0.20. Bloom Energy had a negative net margin of 4.37% and a positive return on equity of 7.88%. The business had revenue of $777.68 million for the quarter, compared to the consensus estimate of $647.59 million. During the same quarter last year, the firm posted $0.43 EPS. The business's revenue for the quarter was up 35.9% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. As a group, equities research analysts anticipate that Bloom Energy Corporation will post -0.23 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of BE. WPG Advisers LLC grew its stake in shares of Bloom Energy by 26.4% in the fourth quarter. WPG Advisers LLC now owns 321 shares of the company's stock valued at $28,000 after buying an additional 67 shares in the last quarter. Hantz Financial Services Inc. lifted its position in Bloom Energy by 45.5% during the 4th quarter. Hantz Financial Services Inc. now owns 320 shares of the company's stock worth $28,000 after acquiring an additional 100 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in Bloom Energy in the 4th quarter worth approximately $28,000. N.E.W. Advisory Services LLC purchased a new position in Bloom Energy in the 3rd quarter worth approximately $32,000. Finally, Fifth Third Bancorp acquired a new stake in Bloom Energy in the third quarter valued at approximately $32,000. Institutional investors and hedge funds own 77.04% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.