Bloom Energy Corp’s recently made public that its insider SODERBERG SHAWN MARIE unloaded Company’s shares for reported $38385.0 on Jan 16 ’25. In the deal valued at $23.42 per share,1,639 shares were sold. As a result of this transaction, SODERBERG SHAWN MARIE now holds 171,040 shares worth roughly $4.03 million.
Then, SHAWN SODERBERG bought 1,639 shares, generating $37,123 in total proceeds.
Before that, Chitoori Satish sold 1,042 shares. Bloom Energy Corp shares valued at $26,686 were divested by the Chief Operations Officer at a price of $25.61 per share. As a result of the transaction, Chitoori Satish now holds 185,456 shares, worth roughly $4.37 million.
ROTH MKM initiated its Bloom Energy Corp [BE] rating to a Neutral in a research note published on December 11, 2024; the price target was $25. A number of analysts have revised their coverage, including HSBC Securities’s analysts, who decreased its forecast for the stock in mid November from “a Buy” to “a Hold”. Piper Sandler also remained covering BE and has increased its forecast on November 15, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. Jefferies revised its rating on September 06, 2024. It rated BE as “a Hold” which previously was an “a Buy”.
Price Performance Review of BE
On Friday, Bloom Energy Corp [NYSE:BE] saw its stock jump 0.26% to $23.58. Over the last five days, the stock has lost -20.90%. Bloom Energy Corp shares have risen nearly 6.17% since the year began. Nevertheless, the stocks have risen 107.57% over the past one year. While a 52-week high of $29.83 was reached on 01/24/25, a 52-week low of $8.41 was recorded on 01/28/25. SMA at 50 days reached $24.58, while 200 days put it at $15.20.
Levels Of Support And Resistance For BE Stock
The 24-hour chart illustrates a support level at 22.97, which if violated will result in even more drops to 22.36. On the upside, there is a resistance level at 24.37. A further resistance level may holdings at 25.16. The Relative Strength Index (RSI) on the 14-day chart is 49.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.88, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.42%. Stochastics %K at 33.38% indicates the stock is a holding.
How much short interest is there in Bloom Energy Corp?
A steep rise in short interest was recorded in Bloom Energy Corp stocks on 2025-01-15, growing by 1.8 million shares to a total of 42.93 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 41.12 million shares. There was a rise of 4.2%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on May 10, 2024 when TD Cowen resumed its ‘”a Hold”‘ rating for the stock and retained the price target to $13.
