Neo Ivy Capital Management Sells 48,433 Shares of Bloom Energy Corporation $BE

Key Points

• Neo Ivy Capital Management cut its stake in Bloom Energy by 60.1% in the 3rd quarter, selling 48,433 shares and leaving it with 32,122 shares worth about $2.72 million.
• Company insiders also sold large positions recently — CEO Kr Sridhar sold 200,000 shares for roughly $34.0 million (Feb. 24) and another insider sold 25,244 shares for about $4.49 million (Feb. 25), with insiders offloading 268,788 shares (~$45.6 million) in the last quarter.
• Bloom Energy recently beat quarterly estimates with $0.45 EPS and $777.7M revenue (up 35.9% YoY) and set FY2026 guidance of $1.33–1.48 EPS, though analysts’ consensus remains a "Hold" with an average target of $131.87.

Neo Ivy Capital Management lowered its stake in shares of Bloom Energy Corporation (NYSE:BE - Free Report) by 60.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 32,122 shares of the company's stock after selling 48,433 shares during the quarter. Neo Ivy Capital Management's holdings in Bloom Energy were worth $2,717,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. N.E.W. Advisory Services LLC bought a new position in Bloom Energy in the third quarter worth approximately $32,000. Fifth Third Bancorp bought a new stake in Bloom Energy during the 3rd quarter valued at $32,000. Parkside Financial Bank & Trust boosted its position in Bloom Energy by 250.9% during the 3rd quarter. Parkside Financial Bank & Trust now owns 393 shares of the company's stock valued at $33,000 after acquiring an additional 281 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new position in shares of Bloom Energy in the 2nd quarter valued at $36,000. Finally, NewEdge Advisors LLC grew its stake in Bloom Energy by 674.7% in the first quarter. NewEdge Advisors LLC now owns 1,867 shares of the company's stock valued at $37,000 after purchasing an additional 1,626 shares during the last quarter. 77.04% of the stock is owned by institutional investors.

Bloom Energy Price Performance

Shares of NYSE BE opened at $135.80 on Friday. 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 $38.10 billion, a PE ratio of -357.37, a P/E/G ratio of 6.53 and a beta of 3.11. Bloom Energy Corporation has a 1-year low of $15.15 and a 1-year high of $180.90. The business's fifty day moving average price is $141.26 and its two-hundred day moving average price is $108.67.

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

Insider Transactions at Bloom Energy

In other news, insider Shawn Marie Soderberg sold 25,244 shares of the business's stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $177.93, for a total transaction of $4,491,664.92. Following the completion of the transaction, the insider directly owned 227,048 shares in the company, valued at approximately $40,398,650.64. The trade was a 10.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Kr Sridhar sold 200,000 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was 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 $372,277,730. This trade represents a 8.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 268,788 shares of company stock worth $45,575,889 in the last quarter. 3.60% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts have commented on BE shares. Zacks Research raised shares of Bloom Energy from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 6th. Morgan Stanley increased their target price on shares of Bloom Energy to $184.00 and gave the company an "overweight" rating in a research report on Friday, February 6th. Royal Bank Of Canada set a $143.00 price target on Bloom Energy in a research report on Tuesday, January 20th. Bank of America set a $39.00 price objective on Bloom Energy in a research report on Tuesday, November 25th. Finally, Robert W. Baird set a $172.00 target price on Bloom Energy in a research report on Tuesday, January 27th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $131.87.

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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