Bloom Energy Co. (NYSE:BE – Get Free Report) insider Shawn Marie Soderberg sold 1,639 shares of the business’s stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $23.42, for a total value of $38,385.38. Following the completion of the sale, the insider now owns 171,040 shares of the company’s stock, valued at $4,005,756.80. The trade was a 0.95 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Shawn Marie Soderberg also recently made the following trade(s):
- On Monday, November 18th, Shawn Marie Soderberg sold 1,289 shares of Bloom Energy stock. The shares were sold at an average price of $24.56, for a total transaction of $31,657.84.
Bloom Energy Trading Up 1.8 %
BE stock traded up $0.42 during trading on Friday, reaching $23.98. 5,489,392 shares of the stock were exchanged, compared to its average volume of 5,056,888. The company has a current ratio of 3.36, a quick ratio of 2.33 and a debt-to-equity ratio of 3.09. The firm has a market capitalization of $5.48 billion, a price-to-earnings ratio of -42.82 and a beta of 3.06. The business has a 50 day moving average price of $23.41 and a 200-day moving average price of $15.56. Bloom Energy Co. has a 1 year low of $8.41 and a 1 year high of $28.70.
Institutional Trading of Bloom Energy
Analysts Set New Price Targets
Several equities analysts have recently commented on the stock. BMO Capital Markets upped their price objective on shares of Bloom Energy from $12.00 to $19.50 and gave the company a “market perform” rating in a research note on Friday, November 15th. UBS Group increased their price objective on Bloom Energy from $21.00 to $33.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Royal Bank of Canada boosted their target price on Bloom Energy from $15.00 to $28.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. BTIG Research lifted their price target on shares of Bloom Energy from $20.00 to $30.00 and gave the company a “buy” rating in a report on Monday, December 16th. Finally, Marathon Capitl raised Bloom Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 11th. One analyst has rated the stock with a sell rating, twelve have given a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $22.97.
Check Out Our Latest Stock Report on Bloom Energy
About Bloom Energy
Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a solid oxide technology that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels into electricity through an electrochemical process without combustion.
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