20,000 Shares in Bloom Energy Corporation $BE Purchased by SPX Gestao de Recursos Ltda

Key Points

• SPX Gestao de Recursos Ltda acquired a new stake of 20,000 shares (~$1.69M) in Bloom Energy (NYSE:BE) in the third quarter, according to its latest 13F filing.
• Bloom Energy beat quarterly estimates (EPS $0.45 vs $0.25; revenue $777.7M vs $647.6M), issued FY2026 guidance of $1.33–$1.48 EPS, but the sell‑side consensus remains a "Hold" with an average target of $131.87.
• Insiders sold roughly 268,788 shares (~$45.6M) last quarter, even as hedge funds and other institutional investors control about 77.04% of the company's stock.

SPX Gestao de Recursos Ltda acquired a new stake in Bloom Energy Corporation (NYSE:BE - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 20,000 shares of the company's stock, valued at approximately $1,691,000.

Other institutional investors also recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC purchased a new position in shares of Bloom Energy during the 3rd quarter worth approximately $32,000. Fifth Third Bancorp purchased a new stake in shares of Bloom Energy in the third quarter valued at approximately $32,000. Parkside Financial Bank & Trust grew its holdings in Bloom Energy by 250.9% during the third quarter. Parkside Financial Bank & Trust now owns 393 shares of the company's stock worth $33,000 after acquiring an additional 281 shares during the period. Elevation Point Wealth Partners LLC acquired a new position in Bloom Energy during the second quarter worth $36,000. Finally, NewEdge Advisors LLC raised its position in Bloom Energy by 674.7% in the first quarter. NewEdge Advisors LLC now owns 1,867 shares of the company's stock worth $37,000 after acquiring an additional 1,626 shares in the last quarter. Hedge funds and other institutional investors own 77.04% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Citigroup initiated coverage on shares of Bloom Energy in a research report on Tuesday, February 24th. They set a "neutral" rating and a $162.00 target price on the stock. Wells Fargo & Company increased their price target on shares of Bloom Energy to $130.00 and gave the company an "equal weight" rating in a report on Friday, February 6th. BMO Capital Markets boosted their price objective on shares of Bloom Energy to $149.00 and gave the stock a "market perform" rating in a report on Friday, February 6th. TD Cowen upped their target price on shares of Bloom Energy to $160.00 and gave the stock a "hold" rating in a research report on Friday, February 6th. Finally, Robert W. Baird set a $172.00 target price on shares of Bloom Energy in a report on Tuesday, January 27th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $131.87.

Bloom Energy Price Performance

BE stock opened at $135.80 on Friday. The stock's 50 day moving average price is $141.26 and its 200 day moving average price is $108.67. The firm has a market cap of $38.10 billion, a P/E ratio of -357.37, a PEG ratio of 6.53 and a beta of 3.11. The company has a debt-to-equity ratio of 3.54, a quick ratio of 4.95 and a current ratio of 5.98. Bloom Energy Corporation has a 1 year low of $15.15 and a 1 year high of $180.90.

Bloom Energy (NYSE:BE - Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.20. Bloom Energy had a positive return on equity of 7.88% and a negative net margin of 4.37%.The company had revenue of $777.68 million during the quarter, compared to the consensus estimate of $647.59 million. During the same quarter last year, the business posted $0.43 earnings per share. Bloom Energy's revenue 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. On average, sell-side analysts expect that Bloom Energy Corporation will post -0.23 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Satish Chitoori sold 1,521 shares of the business's stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $139.37, for a total value of $211,981.77. Following the completion of the transaction, the insider owned 230,017 shares of the company's stock, valued at approximately $32,057,469.29. The trade was a 0.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Aman Joshi sold 10,000 shares of the company's stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $175.60, for a total transaction of $1,756,000.00. Following the completion of the transaction, the insider owned 210,465 shares in the company, valued at approximately $36,957,654. This trade represents a 4.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 268,788 shares of company stock worth $45,575,889 in the last quarter. Corporate insiders own 3.60% of the company's stock.

Bloom Energy 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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