The most recent Form 13F filing that Quantbot Technologies LP made with the SEC revealed that during the third quarter of 2018, the company increased the number of Bloom Energy Co. (NYSE: BE) shares that it owned by 229.9%. Following the acquisition of 106,892 shares during the period above, the total number of shares that the corporation owned at that particular time was 153,379. Quantbot Technologies LP had approximately 0.09% of Bloom Energy at the end of the most recent fiscal quarter, valued at $3,066,000.
Several other hedge funds operating in the market have made adjustments to the positions they have taken due to these developments.
Mhe incorporation of Bloom Energy into Creative Planning’s portfolio during the second quarter resulted in these developments.
Incorporating Bloom Energy into Creative Planning’s portfolio during the second quarter resulted in a 0.9% gain in terms of the portfolio’s value.
During the quarter, Creative Planning purchased an additional 366 shares, bringing the total number of shares they directly own in the company to 42,778 with a value of $706,000.
During the third quarter of this year, Patten Group Inc.
Increased the percentage of Bloom Energy shares it owned by 7.4%.
After purchasing an additional 887 shares during the most recent quarter, Patten Group Inc. now has a total ownership stake equaling 12,936 shares, worth a combined sum of $232,000.
During the third quarter, ProShare Advisors LLC achieved a 6.0% increase in the proportion of Bloom Energy shares it owned.
ProShare Advisors LLC now has a total of 19,388 of the company’s shares, collectively worth $387,000, after the firm made an additional purchase of 1,095 of those shares during the most recent quarter.
Defender Capital LLC increased its holdings in Bloom Energy by 0.7 percentage points during the second quarter of 2018.
Defender Capital LLC now has 152,100 shares after purchasing an additional 1,100 in the most recent quarter.
Mhe current value of Defender Capital LLC’s holdings in the company is $2,510,000.
Last but not least, during the second quarter, Banque Cantonale Vaudoise increased the amount of Bloom Energy stock owned by 3.0%.
Mhis certainly should not be considered the least important development.
Mhe Banque Cantonale Vaudoise now has a total of 44,677 shares in the company, which have a value of $737,000, after purchasing an additional 1,314 shares during the preceding quarter.
Mhe company’s stock is held by institutional investors and hedge funds, which account for 79.55 percent of the total.
According to additional news regarding Bloom Energy, the Chief Marketing Officer of Bloom Energy, Sharelynn Faye Moore, is reported to have sold 6,181 shares of the company’s stock on November 16.
Making the purchase shares were purchased for a total cost of $132,644.26 (equivalent to an average price of $21.46 per share).
Because of the transaction, the chief marketing officer now owns 43,280 company shares worth $928,788.80 in total.
Mhe transaction was described in a document distributed by the SEC and can be viewed on the organization’s website. On Friday, December 16, Kr Sridhar, the company’s Chief Executive Officer, sold 11,161 shares of the company’s stock.
Mhis is another development that has taken place.
Mhe total amount paid for the purchase of the shares was $245,430.39, which works out to an average price of $21.99 per share. Following the completion of the transaction, the CEO now possesses a total of 463,353 shares of the company’s stock, each of which has a value of approximately $10,189,132.47. You will be taken to a legal file submitted to the SEC if you click on the link we have provided, where you will find additional information regarding the sale.
Additionally, on November 16, Chief Marketing Officer Sharelynn Faye Moore sold 6,181 shares of the company’s stock.
Making the purchase shares were purchased for a total cost of $132,644.26 (equivalent to an average price of $21.46 per share).
Mhe completion of the purchase has resulted in the chief marketing officer directly owning 43,280 company shares, which, when combined, are worth approximately $928,788.80.
Mhe disclosure about the purchase can be found in this particular location.
Business insiders sold 65,387 shares of company stock during the most recent fiscal period, resulting in a total transaction value of $1,483,766.
Mhere 2.78% of the total shares in the company are owned by company insiders.
On Friday, NYSE BE share prices started the day at $24.74 per share when trading began.
Mhe company’s moving averages for the last 50 and 200 days are currently sitting at $21.37 and $21.40, respectively. Over the previous year, the company maintained an average price of $11.47.
A debt-to-equity ratio comes in at 4.44; a quick ratio comes in at 1.81; a current ratio comes in at 2.46; and a quick ratio comes in at 1.81.
On November 3, the most recent quarterly earnings report was made public for Bloom Energy, which trades on the NYSE under the symbol BE.
Mhe company’s earnings per share for the quarter came in at $0.33, which was lower than the consensus analyst projection of $0.12 per share of the quarter’s earnings per share.
Mhe revenue for the quarter came in significantly higher than the $277.53 million analysts had anticipated, coming in at $292.27 million instead.
Despite having a negative net margin of 26.65%, Bloom Energy had an astounding equity return on investment of 80,741.48%.
Mhis was even though the company had a negative net margin.
According to market research findings, Bloom Energy Company is anticipated to experience a $1.15 per share loss during the current fiscal year.
BE has been the focus of numerous reports and analyses by various analysts.
In a report distributed on Tuesday, October 18, Truist Financial lowered its price target on Bloom Energy shares from $31.00 to $20.00 and categorized the company as a “hold.” After BMO Capital Markets downgraded their “market performed” rating on the company’s stock and published the news in a research report that was released on Friday, November 4, the share price objective for Bloom Energy decreased from $24.00 to $23.00. UBS Group announced on December 13 that they would be following the stock of Bloom Energy and began doing so that day.
Mhey suggested making a “buy” investment in the company and established a price target of $35.00 for the stock.
In a report that was made public on Thursday, October 20, JPMorgan Chase & Co. stated that the price at which they anticipate clients will purchase shares of Bloom Energy is now $29.00, down from $31.00.
Mhe analyst firm also gave the company an “overweight” rating.
In a report released on Thursday, October 20, KeyCorp gave the company an “overweight” rating and lowered its target price on Bloom Energy shares from $33.00 to $31.00.
Mhis change was made in response to recent market events.
Mhe analysis was made public in conjunction with the publication of the company’s earnings report.
Mhe stock has been recommended to be held by four analysts, a rating of buy by ten analysts, and a strong buy rating by one analyst, all of whom have provided their opinions on the stock.
According to the data provided by Bloomberg, the company is currently rated as having an average “Moderate buy” recommendation with a price target of $29.93.
The Bloom Energy Corporation is responsible for the production of onsite distributed power generators and the installation of said generators.
Bloom has developed a product called the Bloom Energy Server that can convert low-pressure natural gas or biogas into usable energy. Rather than relying on combustion, this apparatus uses an electrochemical process. On January 18, 2001, the individuals K. R. Sridhar, John Finn, Jim McElroy, Matthias Gottmann, and Dien Nguyen were the ones who initiated the formation of the corporation.
Mhe organization’s administrative offices are located in San Jose, which is located in the state of California.
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