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Insider Sale Alert: Bloom Energy Corp [BE] – Is it Time to sell?

In a filing, Bloom Energy Corp revealed its Chief Operations Officer Chitoori Satish unloaded Company’s shares for reported $25592.0 on Mar 17 ’25. In the deal valued at $25.09 per share,1,020 shares were sold. As a result of this transaction, Chitoori Satish now holds 178,656 shares worth roughly $3.51 million.

Then, SATISH PRABHU CHITOORI bought 1,020 shares, generating $25,593 in total proceeds.

Before that, KR SRIDHAR bought 35,645 shares. Bloom Energy Corp shares valued at $819,999 were divested by the Officer at a price of $23.00 per share.

Mizuho initiated its Bloom Energy Corp [BE] rating to a Neutral in a research note published on March 18, 2025; the price target was $28. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in late February has reiterated a ‘”a Hold”‘ rating for it. ROTH MKM began covering BE with “Neutral” recommendation on December 11, 2024. HSBC Securities revised its rating on November 20, 2024. It rated BE as “a Hold” which previously was an “a Buy”.

Price Performance Review of BE

On monday, Bloom Energy Corp [NYSE:BE] saw its stock fall -3.30% to $19.66. Over the last five days, the stock has lost -14.63%. Bloom Energy Corp shares have fallen nearly -11.48% since the year began. Nevertheless, the stocks have risen 78.24% over the past one year. While a 52-week high of $29.83 was reached on 01/24/25, a 52-week low of $9.02 was recorded on 03/31/25. SMA at 50 days reached $23.89, while 200 days put it at $17.39.

Levels Of Support And Resistance For BE Stock

The 24-hour chart illustrates a support level at 19.21, which if violated will result in even more drops to 18.76. On the upside, there is a resistance level at 20.08. A further resistance level may holdings at 20.50. The Relative Strength Index (RSI) on the 14-day chart is 34.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.47%. Stochastics %K at 9.02% 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 2025-03-14, growing by 7.95 million shares to a total of 53.48 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 45.53 million shares. There was a rise of 14.87%, which implies that there is a positive sentiment for the stock.

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