Headlands Technologies LLC Invests $9.88 Million in Bloom Energy Corporation $BE

Key Points

• Headlands Technologies initiated a $9.88 million position in Bloom Energy during the second quarter, purchasing 32,637 shares. Institutional investors and hedge funds collectively own 77.04% of the company.
• Bloom Energy reported strong quarterly results, with EPS of $0.78 versus a $0.39 consensus estimate and revenue of $1.07 billion, up 165.5% year over year. AI data-center demand and the company’s Power Connect system remain key growth catalysts.
• Despite a “Moderate Buy” analyst consensus and an average price target of $248.05, Bloom trades at a high valuation, including a P/E ratio of 279.16. Company insiders sold approximately $22.1 million of shares over the past 90 days.

Headlands Technologies LLC bought a new position in Bloom Energy Corporation (NYSE:BE - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm bought 32,637 shares of the company's stock, valued at approximately $9,879,000. Bloom Energy makes up 1.1% of Headlands Technologies LLC's investment portfolio, making the stock its 8th largest holding.

Other hedge funds have also bought and sold shares of the company. Brooklands Fund Management Ltd acquired a new position in Bloom Energy during the fourth quarter worth $347,560,000. Norges Bank acquired a new position in shares of Bloom Energy during the fourth quarter valued at about $239,683,000. Jennison Associates LLC increased its position in shares of Bloom Energy by 20,074.4% during the first quarter. Jennison Associates LLC now owns 2,687,029 shares of the company's stock worth $364,066,000 after acquiring an additional 2,673,710 shares in the last quarter. Amundi increased its position in shares of Bloom Energy by 390.7% during the fourth quarter. Amundi now owns 3,154,197 shares of the company's stock worth $274,068,000 after acquiring an additional 2,511,426 shares in the last quarter. Finally, Man Group plc raised its holdings 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 worth $57,239,000 after acquiring an additional 1,530,167 shares during the last quarter. Institutional investors and hedge funds own 77.04% of the company's stock.

Bloom Energy News Summary

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

• Positive Sentiment: AI data-center demand remains the primary bullish catalyst. Bloom’s solid-oxide fuel cells can provide onsite electricity much faster than traditional grid infrastructure, supporting demand from data centers with urgent power needs. Analysts and bullish investors point to expanding deployments, constructive backlog expectations and the potential for backlog growth beyond the company’s previously reported $20 billion level. Prediction: Bloom Energy's Backlog Will Top $50 Billion Before Year's End
• Positive Sentiment: Power Connect could improve execution and accelerate revenue conversion. Bloom says its factory-integrated system pre-wires and tests equipment before delivery, potentially reducing onsite installation time by more than 40% and making the company’s solutions more attractive for rapidly expanding AI infrastructure projects. Bloom Energy Is Up 7.6% After Launching Power Connect To Speed Data Center Deployments
• Positive Sentiment: Recent fundamentals and comparisons remain supportive. Bloom recently exceeded quarterly EPS and revenue expectations, while coverage has highlighted its stronger AI-power growth outlook relative to FuelCell Energy and other energy-storage competitors. Bloom Energy vs. FuelCell Energy: Which Fuel Cell Stock Has an Edge?

Bloom Energy Trading Down 0.7%

Shares of BE stock opened at $209.37 on Monday. The company has a quick ratio of 3.41, a current ratio of 4.09 and a debt-to-equity ratio of 1.59. The firm has a market cap of $61.67 billion, a P/E ratio of 279.16, a PEG ratio of 2.89 and a beta of 3.79. The company has a 50 day moving average of $235.51 and a 200-day moving average of $219.52. Bloom Energy Corporation has a 12-month low of $48.87 and a 12-month high of $351.28.

Bloom Energy (NYSE:BE - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.39 by $0.39. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $826.13 million. During the same quarter in the prior year, the business earned $0.10 earnings per share. Bloom Energy's revenue for the quarter was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Sell-side analysts anticipate that Bloom Energy Corporation will post 1.92 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Jeffrey R. Immelt sold 30,000 shares of Bloom Energy stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $238.91, for a total value of $7,167,300.00. Following the completion of the transaction, the director owned 201,243 shares in the company, valued at $48,078,965.13. This trade represents a 12.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John T. Chambers sold 15,000 shares of the business's stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $250.00, for a total transaction of $3,750,000.00. Following the completion of the sale, the director directly owned 208,333 shares in the company, valued at approximately $52,083,250. This trade represents a 6.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 89,464 shares of company stock worth $22,131,255 in the last ninety days. 3.00% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on BE. Sanford C. Bernstein reaffirmed a "market perform" rating and issued a $282.00 price target on shares of Bloom Energy in a research report on Thursday. Wall Street Zen lowered Bloom Energy from a "buy" rating to a "hold" rating in a report on Saturday. JPMorgan Chase & Co. lowered their price objective on Bloom Energy from $346.00 to $314.00 and set an "overweight" rating for the company in a research note on Wednesday, July 29th. BTIG Research restated a "buy" rating and issued a $295.00 target price on shares of Bloom Energy in a report on Wednesday, July 29th. Finally, Evercore reaffirmed an "outperform" rating on shares of Bloom Energy in a research report on Friday, August 7th. Three analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Bloom Energy has an average rating of "Moderate Buy" and an average target price of $248.05.

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.

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).

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source