Bloom Energy Corporation $BE Shares Sold by Lumbard & Kellner LLC

Key Points

• Strong quarter and guidance: Bloom Energy beat Q1 estimates with $0.44 EPS vs $0.12 expected and $751.1M revenue vs $539.9M expected, and raised FY2026 guidance to $1.85–$2.25 while expanding its Oracle AI data‑center partnership.
• Heavy insider selling: CEO Kr Sridhar sold 200,000 shares for about $34M, insiders have sold 490,092 shares (~$88.3M) in the past 90 days, leaving corporate insiders with roughly 3% ownership.
• Analyst and investor dynamics: Institutional ownership is ~77%, analysts have raised targets (consensus "Moderate Buy", average PT $213.81), but the stock is trading above that level (opened $259.10), highlighting valuation and volatility risk.

Lumbard & Kellner LLC lessened its stake in Bloom Energy Corporation (NYSE:BE - Free Report) by 47.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,679 shares of the company's stock after selling 15,788 shares during the quarter. Lumbard & Kellner LLC's holdings in Bloom Energy were worth $1,536,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of Bloom Energy by 6.3% in the 3rd quarter. Vanguard Group Inc. now owns 20,807,920 shares of the company's stock valued at $1,759,726,000 after purchasing an additional 1,240,819 shares during the last quarter. Graticule Asia Macro Advisors LLC purchased a new position in shares of Bloom Energy in the 3rd quarter valued at $402,494,000. Trivest Advisors Ltd raised its stake in shares of Bloom Energy by 1,461.6% in the 3rd quarter. Trivest Advisors Ltd now owns 3,420,000 shares of the company's stock valued at $289,229,000 after acquiring an additional 3,201,000 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Bloom Energy by 50.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company's stock valued at $49,127,000 after acquiring an additional 836,810 shares during the period. Finally, Man Group plc raised its stake in shares of Bloom Energy by 177.4% in the 2nd quarter. Man Group plc now owns 2,392,915 shares of the company's stock valued at $57,239,000 after acquiring an additional 1,530,167 shares during the period. Institutional investors and hedge funds own 77.04% of the company's stock.

Insider Buying and Selling at Bloom Energy

In other news, CEO Kr Sridhar sold 200,000 shares of Bloom Energy stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $170.00, for a total value of $34,000,000.00. Following the completion of the transaction, the chief executive officer directly owned 2,189,869 shares of the company's stock, valued at approximately $372,277,730. The trade was a 8.37% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Satish Chitoori sold 20,000 shares of Bloom Energy stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $204.23, for a total transaction of $4,084,600.00. Following the completion of the transaction, the insider directly owned 212,365 shares of the company's stock, valued at $43,371,303.95. This trade represents a 8.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 490,092 shares of company stock valued at $88,329,475. Corporate insiders own 3.00% of the company's stock.

Bloom Energy News Summary

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

• Positive Sentiment: Record Q1 beat, raised guidance and expanded Oracle AI data‑center partnership underpin upside — the company topped revenue and EPS expectations, lifted full‑year guidance and expanded Project Jupiter with Oracle, which investors view as recurring, high‑margin opportunity. Bloom Energy (BE) Valuation Check
• Positive Sentiment: Analysts have reacted with big price‑target bumps (BTIG to $295; Mizuho to $285) and renewed coverage, amplifying momentum and driving short‑term buying interest. Those upgrades help explain elevated volumes and continued attention from growth/momentum investors. Here’s What the Street is Saying About Bloom Energy
• Positive Sentiment: Sectorwide fuel‑cell optimism — highlighted by a massive rally in Ceres Power after peers (including Bloom) raised outlooks — has drawn cyclical flows into fuel‑cell names and magnified BE’s run. Peer rallies can lift sentiment and multiple expansion for Bloom. Ceres Power Rally Nears 1,000%
• Neutral Sentiment: Multiple media/analysis pieces are labeling BE a top growth/momentum pick for the next 1–2 years based on recent results and partnerships — useful for attracting retail and momentum traders but not new fundamental news. Is Bloom Energy One of the Best Growth Stocks
• Negative Sentiment: Industry headwinds: analysts warn that tariffs and expiring tax credits could pressure project economics and slow renewables deployments, which would dampen longer‑term demand for on‑site generation and fuel‑cell projects. That risk is keeping some investors cautious despite the beat. 3 Alternative Energy Stocks Poised to Benefit From Wind and EV Growth
• Negative Sentiment: Valuation and momentum risk: after an outsized April rally (BE was a top large‑cap performer), the stock prices in high expectations — leaving downside vulnerability if execution or macro factors disappoint. Short‑term pullbacks can follow rapid multiple expansion. Bloom Energy Best Performing Large‑Cap in April

Bloom Energy Price Performance

Shares of BE stock opened at $259.10 on Friday. The firm has a market cap of $72.69 billion, a P/E ratio of -5,180.98 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. Bloom Energy Corporation has a 1-year low of $16.47 and a 1-year high of $302.99. The firm has a fifty day moving average of $179.59 and a two-hundred day moving average of $141.89.

Bloom Energy (NYSE:BE - Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.32. The company had revenue of $751.05 million during the quarter, compared to analyst estimates of $539.94 million. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The firm's revenue for the quarter was up 130.4% compared to the same quarter last year. During the same period last year, the business earned $0.03 EPS. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, research analysts anticipate that Bloom Energy Corporation will post 1.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

BE has been the topic of a number of research reports. Barclays raised their target price on shares of Bloom Energy to $177.00 and gave the company an "equal weight" rating in a research note on Monday, April 27th. Zacks Research raised shares of Bloom Energy from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 7th. Citigroup raised their target price on shares of Bloom Energy to $281.00 and gave the company a "neutral" rating in a research note on Wednesday, April 29th. China Renaissance began coverage on shares of Bloom Energy in a research note on Wednesday, January 28th. They issued a "buy" rating and a $207.00 target price on the stock. Finally, BMO Capital Markets lifted their price target on shares of Bloom Energy to $149.00 and gave the stock a "market perform" rating in a research note on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $213.81.

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.

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