In a filing, Bloom Energy Corp revealed its Chief Operations Officer Chitoori Satish unloaded Company’s shares for reported $0.2 million on Feb 14 ’25. In the deal valued at $25.42 per share,7,868 shares were sold. As a result of this transaction, Chitoori Satish now holds 179,676 shares worth roughly $3.95 million.
Then, Joshi Aman sold 13,971 shares, generating $353,466 in total proceeds. Upon selling the shares at $25.30, the Chief Commercial Officer now owns 136,029 shares.
Before that, SODERBERG SHAWN MARIE sold 10,486 shares. Bloom Energy Corp shares valued at $265,401 were divested by the insider at a price of $25.31 per share. As a result of the transaction, SODERBERG SHAWN MARIE now holds 162,009 shares, worth roughly $3.56 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 Tuesday, Bloom Energy Corp [NYSE:BE] saw its stock fall -3.22% to $21.97. Over the last five days, the stock has lost -15.56%. Bloom Energy Corp shares have fallen nearly -1.08% since the year began. Nevertheless, the stocks have risen 155.47% 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 $24.19, while 200 days put it at $16.32.
Levels Of Support And Resistance For BE Stock
The 24-hour chart illustrates a support level at 20.87, which if violated will result in even more drops to 19.77. On the upside, there is a resistance level at 22.89. A further resistance level may holdings at 23.81. The Relative Strength Index (RSI) on the 14-day chart is 41.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.64, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.00%. Stochastics %K at 24.15% indicates the stock is a holding.
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.
