In a filing, Bloom Energy Corp revealed its insider SODERBERG SHAWN MARIE unloaded Company’s shares for reported $21903.0 on Oct 16 ’24. In the deal valued at $10.50 per share,2,086 shares were sold. As a result of this transaction, SODERBERG SHAWN MARIE now holds 169,850 shares worth roughly $1.61 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, SHAWN SODERBERG bought 2,086 shares, generating $21,820 in total proceeds.
Before that, Chitoori Satish sold 4,785 shares. Bloom Energy Corp shares valued at $47,180 were divested by the Chief Operations Officer at a price of $9.86 per share. As a result of the transaction, Chitoori Satish now holds 186,498 shares, worth roughly $1.77 million.
Jefferies downgraded its Bloom Energy Corp [BE] rating to a Hold from a a Buy in a research note published on September 06, 2024; the price target was decreased to $11 from $15. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in early May has reiterated a ‘”a Hold”‘ rating for it. Evercore ISI began covering BE with “an Outperform” recommendation on April 01, 2024. Truist revised its rating on March 06, 2024. It rated BE as “a Hold” which previously was an “a Sell”.
Price Performance Review of BE
On Friday, Bloom Energy Corp [NYSE:BE] saw its stock jump 3.37% to $9.50. Over the last five days, the stock has lost -6.50%. Bloom Energy Corp shares have fallen nearly -35.81% since the year began. Nevertheless, the stocks have fallen -16.30% over the past one year. While a 52-week high of $18.14 was reached on 05/22/24, a 52-week low of $8.41 was recorded on 02/23/24. SMA at 50 days reached $10.61, while 200 days put it at $11.65.
Levels Of Support And Resistance For BE Stock
The 24-hour chart illustrates a support level at 9.22, which if violated will result in even more drops to 8.94. On the upside, there is a resistance level at 9.75. A further resistance level may holdings at 10.00. The Relative Strength Index (RSI) on the 14-day chart is 40.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.81, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.70%. Stochastics %K at 12.21% indicates the stock is a buying.
How much short interest is there in Bloom Energy Corp?
A steep rise in short interest was recorded in Bloom Energy Corp stocks on 2024-10-15, dropping by -1.14 million shares to a total of 39.49 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 40.63 million shares. There was a decline of -2.88%, which implies that there is a negative sentiment for the stock.
