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Bloom Energy Corporation $BE Shares Sold by Huntleigh Advisors Inc.

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Huntleigh Advisors Inc. decreased its position in shares of Bloom Energy Corporation (NYSE:BE - Free Report) by 54.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,101 shares of the company's stock after selling 4,951 shares during the quarter. Huntleigh Advisors Inc.'s holdings in Bloom Energy were worth $356,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. WPG Advisers LLC raised its holdings in Bloom Energy by 26.4% during the fourth quarter. WPG Advisers LLC now owns 321 shares of the company's stock worth $28,000 after purchasing an additional 67 shares during the last quarter. Ritholtz Wealth Management boosted its position in Bloom Energy by 1.5% during the fourth quarter. Ritholtz Wealth Management now owns 5,765 shares of the company's stock worth $501,000 after purchasing an additional 87 shares in the last quarter. CoreCap Advisors LLC grew its holdings in Bloom Energy by 7.3% in the fourth quarter. CoreCap Advisors LLC now owns 1,295 shares of the company's stock valued at $113,000 after purchasing an additional 88 shares during the last quarter. Reliant Investment Management LLC increased its position in shares of Bloom Energy by 3.6% in the fourth quarter. Reliant Investment Management LLC now owns 2,556 shares of the company's stock valued at $222,000 after buying an additional 90 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC increased its position in shares of Bloom Energy by 3.5% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 2,928 shares of the company's stock valued at $254,000 after buying an additional 98 shares in the last quarter. Institutional investors and hedge funds own 77.04% of the company's stock.

Key Bloom Energy News

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

Bloom Energy Stock Up 0.1%

BE stock opened at $231.50 on Monday. The stock has a market capitalization of $64.95 billion, a P/E ratio of -609.22, a PEG ratio of 9.28 and a beta of 3.18. 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 one year low of $16.05 and a one year high of $242.20. The company has a 50 day moving average price of $163.63 and a two-hundred day moving average price of $133.93.

Bloom Energy (NYSE:BE - Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The company reported $0.45 earnings per share for the quarter, beating 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 period in the previous year, the firm posted $0.43 EPS. Bloom Energy's revenue was up 35.9% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. As a group, sell-side analysts expect that Bloom Energy Corporation will post 1 EPS for the current year.

Insiders Place Their Bets

In related news, insider Satish Chitoori sold 20,000 shares of the company's stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $204.23, for a total value of $4,084,600.00. Following the completion of the transaction, the insider directly owned 212,365 shares in the company, valued at approximately $43,371,303.95. This represents a 8.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Shawn Marie Soderberg sold 25,000 shares of the stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $225.13, for a total value of $5,628,250.00. Following the transaction, the insider owned 140,732 shares in the company, valued at $31,682,995.16. This trade represents a 15.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 455,092 shares of company stock worth $78,564,475 in the last three months. Company insiders own 3.00% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Roth Mkm reiterated a "neutral" rating on shares of Bloom Energy in a research report on Tuesday, April 14th. Barclays assumed coverage on shares of Bloom Energy in a report on Wednesday, January 28th. They set an "equal weight" rating and a $153.00 target price for the company. China Renaissance assumed coverage on shares of Bloom Energy in a research report on Wednesday, January 28th. They set a "buy" rating and a $207.00 target price for the company. Robert W. Baird upped their price target on shares of Bloom Energy to $242.00 and gave the company an "outperform" rating in a report on Wednesday, April 22nd. Finally, UBS Group raised their price objective on shares of Bloom Energy to $251.00 and gave the stock a "buy" rating in a research note on Tuesday, April 21st. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned 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, the company has an average rating of "Moderate Buy" and an average target price of $154.86.

Read Our Latest Stock Analysis on Bloom Energy

About Bloom Energy

(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.

Further Reading

Want to see what other hedge funds are holding BE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bloom Energy Corporation (NYSE:BE - Free Report).

Institutional Ownership by Quarter for Bloom Energy (NYSE:BE)

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.

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