Tribune Investment Group LP Sells 7,720 Shares of Bloom Energy Corporation $BE

Key Points

• Tribune Investment Group cut its Bloom Energy stake by 25.9% in the second quarter, selling 7,720 shares and retaining 22,090 shares worth approximately $6.69 million. Institutional investors and hedge funds collectively own 77.04% of BE.
• Bloom Energy reported strong quarterly results, with adjusted earnings of $0.78 per share versus the $0.39 consensus estimate and revenue of $1.07 billion, up 165.5% year over year.
• The stock faces valuation and momentum concerns despite a bullish AI data-center outlook. BE traded near $200.78, well below its $351.28 12-month high, while analysts maintained a “Moderate Buy” consensus with an average price target of $248.05; recent insider selling and shareholder litigation add further risks.

Tribune Investment Group LP lowered its holdings in Bloom Energy Corporation (NYSE:BE - Free Report) by 25.9% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,090 shares of the company's stock after selling 7,720 shares during the period. Bloom Energy comprises about 2.7% of Tribune Investment Group LP's investment portfolio, making the stock its 6th biggest holding. Tribune Investment Group LP's holdings in Bloom Energy were worth $6,687,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. MJT & Associates Financial Advisory Group Inc. raised its position in shares of Bloom Energy by 49.3% during the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company's stock worth $34,000 after purchasing an additional 37 shares during the period. Compound Planning Inc. boosted its position in Bloom Energy by 1.1% during the 1st quarter. Compound Planning Inc. now owns 3,445 shares of the company's stock valued at $467,000 after purchasing an additional 38 shares during the period. Carolina Wealth Advisors LLC boosted its position in Bloom Energy by 51.7% during the 2nd quarter. Carolina Wealth Advisors LLC now owns 135 shares of the company's stock valued at $41,000 after purchasing an additional 46 shares during the period. Blue Trust Inc. grew its stake in Bloom Energy by 37.2% during the 1st quarter. Blue Trust Inc. now owns 188 shares of the company's stock worth $25,000 after buying an additional 51 shares during the last quarter. Finally, HB Wealth Management LLC grew its stake in Bloom Energy by 1.6% during the 1st quarter. HB Wealth Management LLC now owns 3,442 shares of the company's stock worth $466,000 after buying an additional 54 shares during the last quarter. 77.04% of the stock is currently owned by institutional investors and hedge funds.

More Bloom Energy News

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

• Positive Sentiment: Strong AI data-center demand remains the bullish case. Analysts point to Bloom’s roughly $20 billion backlog, contracts or financing relationships involving Nebius, Oracle, Equinix and Brookfield, and the need for rapidly deployable power as data-center electricity constraints intensify. Bloom’s latest reported quarter also showed revenue growth of 165.5% year over year, with earnings and revenue exceeding consensus estimates. Bloom Energy growth and profitability article
• Positive Sentiment: Power Connect could improve execution. Bloom says its factory-integrated system can reduce onsite power installation time by more than 40%, potentially strengthening its competitive position in time-sensitive AI infrastructure projects. Bloom Energy Power Connect article
• Neutral Sentiment: Sector trading was mixed. FuelCell Energy and Plug Power advanced while Bloom declined, indicating that Friday’s move was not simply a broad reversal in hydrogen stocks and that company-specific concerns remained important. Hydrogen trade splits article
• Negative Sentiment: Valuation and momentum are pressuring the stock. Bloom has fallen from its year-to-date high near $350 after seven consecutive declining sessions. Commentators argue that much of the expected growth is already reflected in the valuation, leaving limited room for execution disappointments. Bloom Energy momentum article
• Negative Sentiment: Shareholder litigation is an additional overhang. Multiple law firms publicized a securities-fraud class action covering investors who bought BE securities between February 27, 2025 and July 8, 2026, with a September 28, 2026 lead-plaintiff deadline. The allegations reportedly involve disclosures about Bloom’s exposure to China’s supply chain; the claims have not been proven. Kaplan Fox Bloom Energy lawsuit notice
• Negative Sentiment: Insider selling may have added pressure by signaling that some company insiders were taking advantage of the stock’s earlier advance. Bloom Energy insider selling article

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on BE shares. Sanford C. Bernstein increased their target price on Bloom Energy from $276.00 to $282.00 and gave the stock a "market perform" rating in a research report on Wednesday, July 29th. Truist Financial reduced their price target on shares of Bloom Energy from $250.00 to $218.00 and set a "hold" rating for the company in a report on Wednesday, July 29th. Oppenheimer restated a "market perform" rating on shares of Bloom Energy in a research report on Wednesday, July 29th. Roth Capital increased their price objective on shares of Bloom Energy from $225.00 to $285.00 and gave the stock a "neutral" rating in a report on Wednesday, July 1st. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Bloom Energy from $346.00 to $314.00 and set an "overweight" rating on the stock in a report on Wednesday, July 29th. Three investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $248.05.

Insider Activity at Bloom Energy

In related news, Director Jeffrey R. Immelt sold 30,000 shares of the company's 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 sale, the director owned 201,243 shares of the company's stock, valued at $48,078,965.13. This represents a 12.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Satish Chitoori sold 2,837 shares of the stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $289.11, for a total transaction of $820,205.07. Following the completion of the transaction, the insider owned 207,417 shares of the company's stock, valued at $59,966,328.87. This represents a 1.35% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 144,464 shares of company stock valued at $38,504,205. 3.00% of the stock is owned by corporate insiders.

Bloom Energy Stock Performance

Shares of BE stock opened at $200.78 on Monday. Bloom Energy Corporation has a 12-month low of $44.64 and a 12-month high of $351.28. The firm has a market capitalization of $59.14 billion, a price-to-earnings ratio of 267.71, a price-to-earnings-growth ratio of 2.76 and a beta of 3.79. The business has a 50 day simple moving average of $244.12 and a 200 day simple moving average of $217.28. The company has a debt-to-equity ratio of 1.59, a current ratio of 4.09 and a quick ratio of 3.41.

Bloom Energy (NYSE:BE - Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share 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 firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $826.13 million. During the same quarter in the previous year, the business earned $0.10 EPS. The firm'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. On average, equities research analysts anticipate that Bloom Energy Corporation will post 1.92 EPS for the current year.

Bloom Energy Company 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.

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