Truist Financial lifted their price target on Bloom Energy to $19.00 in a research note on Friday, May 27th. Morgan Stanley dropped their price target on Bloom Energy from $25.00 to $21.00 and set an “equal weight” rating on the stock in a research note on Monday, June 13th. They issued a “hold” rating and a $20.00 price target on the stock. Piper Sandler started coverage on Bloom Energy in a research note on Wednesday, June 8th. Susquehanna dropped their price target on Bloom Energy from $33.00 to $28.00 in a research note on Tuesday, May 10th. Several analysts have issued reports on BE shares. 2.78% of the stock is currently owned by corporate insiders. Insiders have sold 24,593 shares of company stock valued at $449,148 in the last quarter. The disclosure for this sale can be found here. Following the sale, the chief executive officer now owns 501,938 shares of the company’s stock, valued at approximately $8,347,228.94. The stock was sold at an average price of $16.63, for a total value of $181,882.31. Also, CEO Kr Sridhar sold 10,937 shares of the business’s stock in a transaction that occurred on Friday, June 17th. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Following the completion of the sale, the executive vice president now owns 354,623 shares in the company, valued at $6,078,238.22. The stock was sold at an average price of $17.14, for a total transaction of $53,048.30. In other news, EVP Shawn Marie Soderberg sold 3,095 shares of the business’s stock in a transaction that occurred on Friday, June 17th. will post -0.96 earnings per share for the current year. Research analysts forecast that Bloom Energy Co. The company’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.17) EPS. The business had revenue of $201.04 million for the quarter, compared to the consensus estimate of $220.75 million. Bloom Energy had a negative return on equity of 738.94% and a negative net margin of 22.25%. The company reported ($0.47) EPS for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.27). Get Bloom Energy alerts:īloom Energy ( NYSE:BE – Get Rating) last posted its quarterly earnings results on Thursday, May 5th. 65.68% of the stock is currently owned by institutional investors. Marshall Wace LLP now owns 1,122,137 shares of the company’s stock worth $24,609,000 after buying an additional 1,008,820 shares during the period. Finally, Marshall Wace LLP raised its stake in Bloom Energy by 890.3% during the 4th quarter. Elemental Capital Partners LLC now owns 1,259,046 shares of the company’s stock worth $22,827,000 after buying an additional 31,284 shares during the period. Elemental Capital Partners LLC raised its stake in Bloom Energy by 2.5% during the 4th quarter.
First Trust Advisors LP now owns 1,264,155 shares of the company’s stock worth $27,723,000 after buying an additional 75,613 shares during the period. First Trust Advisors LP raised its stake in Bloom Energy by 6.4% during the 4th quarter. Northern Trust Corp now owns 1,577,496 shares of the company’s stock worth $34,595,000 after buying an additional 35,273 shares during the period. Northern Trust Corp raised its stake in Bloom Energy by 2.3% during the 4th quarter. Geode Capital Management LLC now owns 2,426,156 shares of the company’s stock worth $53,205,000 after buying an additional 77,018 shares during the period. Geode Capital Management LLC raised its stake in Bloom Energy by 3.3% during the 4th quarter. Several other hedge funds also recently bought and sold shares of the company. First Hawaiian Bank’s holdings in Bloom Energy were worth $404,000 at the end of the most recent reporting period. The firm owned 16,733 shares of the company’s stock after purchasing an additional 4,300 shares during the quarter. ( NYSE:BE – Get Rating) by 34.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. First Hawaiian Bank grew its stake in Bloom Energy Co.