Janney Montgomery Scott LLC purchased a new position in Bloom Energy Co. (NYSE:BE – Get Rating) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 13,855 shares of the company's stock, valued at approximately $277,000.

Other large investors have also bought and sold shares of the company. Resolute Advisors LLC acquired a new stake in Bloom Energy in the second quarter worth $28,000. Quantbot Technologies LP lifted its stake in shares of Bloom Energy by 27.8% in the first quarter. Quantbot Technologies LP now owns 4,673 shares of the company's stock valued at $112,000 after buying an additional 1,017 shares in the last quarter. Canada Pension Plan Investment Board bought a new position in shares of Bloom Energy in the first quarter valued at $123,000. Strs Ohio lifted its stake in shares of Bloom Energy by 45.7% in the second quarter. Strs Ohio now owns 6,700 shares of the company's stock valued at $110,000 after buying an additional 2,100 shares in the last quarter. Finally, Canton Hathaway LLC bought a new position in shares of Bloom Energy in the third quarter valued at $156,000. 79.55% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Bloom Energy

In other Bloom Energy news, CMO Sharelynn Faye Moore sold 3,963 shares of Bloom Energy stock in a transaction dated Monday, January 23rd. The stock was sold at an average price of $25.00, for a total value of $99,075.00. Following the transaction, the chief marketing officer now owns 78,954 shares in the company, valued at $1,973,850. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Bloom Energy news, CEO Kr Sridhar sold 7,424 shares of Bloom Energy stock in a transaction dated Wednesday, November 16th. The stock was sold at an average price of $21.45, for a total value of $159,244.80. Following the transaction, the chief executive officer now owns 474,514 shares in the company, valued at $10,178,325.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CMO Sharelynn Faye Moore sold 3,963 shares of Bloom Energy stock in a transaction dated Monday, January 23rd. The shares were sold at an average price of $25.00, for a total value of $99,075.00. Following the completion of the transaction, the chief marketing officer now owns 78,954 shares in the company, valued at approximately $1,973,850. The disclosure for this sale can be found here. Insiders have sold 65,387 shares of company stock worth $1,483,766 over the last quarter. Insiders own 2.78% of the company's stock.

Analyst Upgrades and Downgrades

Bloom Energy Stock Performance

BE stock opened at $24.77 on Friday. The company has a debt-to-equity ratio of 4.44, a current ratio of 2.46 and a quick ratio of 1.81. The business has a 50-day moving average price of $21.37 and a 200 day moving average price of $21.40. The company has a market capitalization of $4.83 billion, a P/E ratio of -15.38 and a beta of 2.84. Bloom Energy Co. has a 1-year low of $11.47 and a 1-year high of $31.47.

Bloom Energy (NYSE:BE – Get Rating) last released its quarterly earnings data on Thursday, November 3rd. The company reported ($0.33) earnings per share for the quarter, missing the consensus estimate of ($0.21) by ($0.12). The firm had revenue of $292.27 million during the quarter, compared to the consensus estimate of $277.53 million. Bloom Energy had a negative net margin of 26.65% and a negative return on equity of 80,741.48%. As a group, equities research analysts forecast that Bloom Energy Co. will post -1.15 EPS for the current fiscal year.

Bloom Energy Company Profile

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Bloom Energy Corp. engages in the manufacture and installation of on-site distributed power generators. Its product, Bloom Energy Server, converts standard low-pressure natural gas or biogas into electricity through an electrochemical process without combustion. The company was founded by K. R. Sridhar, John Finn, Jim McElroy, Matthias Gottmann and Dien Nguyen on January 18, 2001 and is headquartered in San Jose, CA.

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