Bloom Energy Corp’s recent filing unveils that its Officer KR SRIDHAR acquired Company’s shares for reported $0.82 million on Mar 07 ’25. In the deal valued at $23.00 per share,35,645 shares were bought.
Then, Chitoori Satish sold 7,868 shares, generating $200,005 in total proceeds. Upon selling the shares at $25.42, the Chief Operations Officer now owns 179,676 shares.
Before that, Joshi Aman sold 13,971 shares. Bloom Energy Corp shares valued at $353,466 were divested by the Chief Commercial Officer at a price of $25.30 per share. As a result of the transaction, Joshi Aman now holds 136,029 shares, worth roughly $3.4 million.
TD Cowen reiterated its Bloom Energy Corp [BE] rating to a Hold in a research note published on February 28, 2025; the price target was $20. A number of analysts have revised their coverage, including ROTH MKM’s analysts, who began to cover the stock in mid December with a ‘”a Neutral”‘ rating. HSBC Securities also remained covering BE and has decreased its forecast on November 20, 2024 with a “Hold” recommendation from previously “Buy” rating. Piper Sandler revised its rating on November 15, 2024. It rated BE as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of BE
On Tuesday, Bloom Energy Corp [NYSE:BE] saw its stock jump 10.52% to $25.00. Over the last five days, the stock has gained 10.13%. Bloom Energy Corp shares have risen nearly 12.56% since the year began. Nevertheless, the stocks have risen 139.46% over the past one year. While a 52-week high of $29.83 was reached on 01/24/25, a 52-week low of $8.82 was recorded on 01/28/25. SMA at 50 days reached $23.99, while 200 days put it at $16.86.
Levels Of Support And Resistance For BE Stock
The 24-hour chart illustrates a support level at 23.34, which if violated will result in even more drops to 21.67. On the upside, there is a resistance level at 25.95. A further resistance level may holdings at 26.89. The Relative Strength Index (RSI) on the 14-day chart is 54.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 37.09%. Stochastics %K at 43.93% indicates the stock is a holding.
