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Genesis Financial Group LLC Acquires Shares of 16,250 Bloom Energy Corporation $BE

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Key Points

  • Genesis Financial Group LLC bought a new stake of 16,250 shares of Bloom Energy (NYSE:BE) in Q4, valued at approximately $1.41 million.
  • Insiders have been net sellers — 380,092 shares worth about $62.7 million were sold over the last 90 days, including recent disposals by director Gary S. Pinkus (1,250 shares) and Aman Joshi (10,000 shares); insiders now own 3.6% of the company.
  • Bloom Energy beat Q4 estimates with $0.45 EPS vs. $0.25 expected and $777.7M revenue, set FY2026 EPS guidance of 1.33–1.48, and currently trades with a market cap near $38 billion and an average analyst price target of $131.65.
  • Five stocks we like better than Bloom Energy.

Genesis Financial Group LLC bought a new stake in Bloom Energy Corporation (NYSE:BE - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 16,250 shares of the company's stock, valued at approximately $1,412,000.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Fifth Third Bancorp purchased a new position in Bloom Energy in the 3rd quarter valued at about $32,000. N.E.W. Advisory Services LLC purchased a new stake in Bloom Energy during the 3rd quarter worth approximately $32,000. Parkside Financial Bank & Trust raised its holdings in shares of Bloom Energy by 250.9% during the third quarter. Parkside Financial Bank & Trust now owns 393 shares of the company's stock valued at $33,000 after acquiring an additional 281 shares during the last quarter. Cranbrook Wealth Management LLC acquired a new position in shares of Bloom Energy during the third quarter valued at approximately $39,000. Finally, Lodestone Wealth Management LLC purchased a new position in shares of Bloom Energy in the fourth quarter valued at approximately $43,000. Hedge funds and other institutional investors own 77.04% of the company's stock.

Insiders Place Their Bets

In other news, Director Gary S. Pinkus sold 1,250 shares of Bloom Energy stock in a transaction on Friday, February 27th. The stock was sold at an average price of $165.80, for a total transaction of $207,250.00. Following the transaction, the director owned 4,149 shares in the company, valued at $687,904.20. The trade was a 23.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Aman Joshi sold 10,000 shares of the business's stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $135.88, for a total transaction of $1,358,800.00. Following the transaction, the insider directly owned 180,521 shares in the company, valued at approximately $24,529,193.48. The trade was a 5.25% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 380,092 shares of company stock worth $62,724,725. 3.60% of the stock is currently owned by company insiders.

Bloom Energy Price Performance

BE stock opened at $135.40 on Friday. Bloom Energy Corporation has a 1 year low of $15.15 and a 1 year high of $180.90. The company has a debt-to-equity ratio of 3.54, a current ratio of 5.98 and a quick ratio of 4.95. The firm has a market capitalization of $37.99 billion, a PE ratio of -356.31, a price-to-earnings-growth ratio of 5.41 and a beta of 3.18. The business has a 50 day simple moving average of $150.78 and a 200-day simple moving average of $120.99.

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

Analysts Set New Price Targets

Several analysts recently commented on the company. Citigroup started coverage on Bloom Energy in a research report on Tuesday, February 24th. They set a "neutral" rating and a $162.00 price target for the company. Barclays initiated coverage on Bloom Energy in a report on Wednesday, January 28th. They issued an "equal weight" rating and a $153.00 price objective on the stock. Mizuho lifted their target price on shares of Bloom Energy to $110.00 and gave the stock a "neutral" rating in a research note on Monday, February 9th. Truist Financial set a $68.00 target price on shares of Bloom Energy in a report on Friday, January 9th. Finally, Royal Bank Of Canada set a $143.00 target price on shares of Bloom Energy in a research report on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $131.65.

View Our Latest Analysis on BE

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.

See Also

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)

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