---
title: "Bloom Energy (NYSE:BE) Insider Satish Chitoori Sells 2,111 Shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286877518.md"
description: "Satish Chitoori, an insider at Bloom Energy (NYSE:BE), sold 2,111 shares at an average price of $288.24, totaling $608,474.64. Post-sale, he owns 210,254 shares valued at approximately $60.6 million, marking a 0.99% decrease in his position. The sale was to cover tax obligations from equity awards. Bloom Energy's stock has seen fluctuations, with a recent trading price of $258.93 and a market cap of $73.65 billion."
datetime: "2026-05-19T08:21:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286877518.md)
  - [en](https://longbridge.com/en/news/286877518.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286877518.md)
---

# Bloom Energy (NYSE:BE) Insider Satish Chitoori Sells 2,111 Shares

Bloom Energy Corporation (NYSE:BE - Get Free Report) insider Satish Chitoori sold 2,111 shares of the company's stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $288.24, for a total transaction of $608,474.64. Following the completion of the transaction, the insider owned 210,254 shares of the company's stock, valued at approximately $60,603,612.96. This trade represents a 0.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

-   Does Nano Nuclear Energy’s New Deal Amp the Outlook?

Satish Chitoori also recently made the following trade(s):

-   On Tuesday, April 14th, Satish Chitoori sold 20,000 shares of Bloom Energy stock. The stock was sold at an average price of $204.23, for a total transaction of $4,084,600.00.
-   On Monday, March 16th, Satish Chitoori sold 18,964 shares of Bloom Energy stock. The stock was sold at an average price of $154.45, for a total transaction of $2,928,989.80.
-   On Tuesday, February 17th, Satish Chitoori sold 1,521 shares of Bloom Energy stock. The stock was sold at an average price of $139.37, for a total transaction of $211,981.77.

## Bloom Energy Trading Down 6.2%

* * *

* * *

Shares of Bloom Energy stock opened at $258.93 on Tuesday. The company has a debt-to-equity ratio of 2.90, a quick ratio of 4.10 and a current ratio of 5.03. The company has a market cap of $73.65 billion, a P/E ratio of -5,177.58 and a beta of 3.82. The firm has a 50-day simple moving average of $195.89 and a two-hundred day simple moving average of $150.45. Bloom Energy Corporation has a fifty-two week low of $17.01 and a fifty-two week high of $310.00.

-   3 Energy Stocks to Buy and 2 to Avoid as AI Power Demand Explodes

Bloom Energy (NYSE:BE - Get Free Report) last announced its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.32. The business had revenue of $751.05 million during the quarter, compared to the consensus estimate of $539.94 million. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The business's quarterly revenue was up 130.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.03 EPS. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, equities analysts predict that Bloom Energy Corporation will post 1.31 earnings per share for the current fiscal year.

## Wall Street Analyst Weigh In

BE has been the subject of several recent research reports. Citigroup increased their price objective on Bloom Energy to $281.00 and gave the company a "neutral" rating in a research note on Wednesday, April 29th. TD Cowen increased their price objective on Bloom Energy to $235.00 and gave the company a "hold" rating in a research note on Wednesday, April 29th. Barclays increased their price objective on Bloom Energy to $254.00 and gave the company an "equal weight" rating in a research note on Monday, May 11th. Weiss Ratings reiterated a "hold (c)" rating on shares of Bloom Energy in a report on Friday, April 24th. Finally, Jefferies Financial Group upgraded shares of Bloom Energy from an "underperform" rating to a "hold" rating and set a $187.00 price objective for the company in a report on Tuesday, April 14th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Bloom Energy currently has a consensus rating of "Moderate Buy" and an average price target of $217.48.

-   Bloom Energy May Be Solving AI’s Biggest Power Problem

**Read Our Latest Research Report on BE**

## Key Headlines Impacting Bloom Energy

Here are the key news stories impacting Bloom Energy this week:

-   Positive Sentiment: Several recent pieces continue to highlight Bloom Energy as a beneficiary of AI-related power demand, with analysts calling it a key infrastructure play as grid constraints make onsite power more important. Missed Nvidia? Why Tech Analyst Beth Kindig Calls Bloom Energy Tech's 'Biggest Outperformer' After 217% Rally In 2026
-   Positive Sentiment: Bloom Energy is also being featured in lists of top clean energy stocks, reinforcing bullish sentiment around its growth prospects and long-term demand outlook. Bloom Energy (BE) – Among the 10 Best Clean Energy Stocks to Buy Right Now
-   Positive Sentiment: Investors are also reacting to Bloom Energy’s strong first-quarter results and raised 2026 guidance, which support the company’s fundamental momentum. Bloom Energy (BE) Crushes Q1 Estimates, Raises 2026 Guidance
-   Neutral Sentiment: Bloom Energy was mentioned in a broader market roundup as AI and clean-energy names sold off, suggesting the stock is also being pulled down by sector-wide volatility rather than company-specific news alone. Dow Jones Futures: Stocks Mixed As Trump Postpones Iran Attack; Sandisk, Bloom Energy, AI Leaders Sell Off
-   Negative Sentiment: Short-term traders are selling BE after its big post-earnings surge, with one report saying the market is now focused on whether the prior rally got ahead of itself. Bloom Energy Stock Is Slumping Monday: What's Driving The Action?

## Institutional Trading of Bloom Energy

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Blue Trust Inc. raised its position in shares of Bloom Energy by 37.2% during the 1st quarter. Blue Trust Inc. now owns 188 shares of the company's stock valued at $25,000 after buying an additional 51 shares during the period. Anchor Investment Management LLC purchased a new stake in shares of Bloom Energy during the 1st quarter valued at approximately $27,000. WPG Advisers LLC raised its position in shares of Bloom Energy by 26.4% during the 4th quarter. WPG Advisers LLC now owns 321 shares of the company's stock valued at $28,000 after buying an additional 67 shares during the period. Hantz Financial Services Inc. raised its position in shares of Bloom Energy by 45.5% during the 4th quarter. Hantz Financial Services Inc. now owns 320 shares of the company's stock valued at $28,000 after buying an additional 100 shares during the period. Finally, Godsey & Gibb Inc. raised its position in shares of Bloom Energy by 2,000.0% during the 1st quarter. Godsey & Gibb Inc. now owns 210 shares of the company's stock valued at $28,000 after buying an additional 200 shares during the period. 77.04% of the stock is owned by institutional investors and hedge funds.

## Bloom Energy Company Profile

(Get Free Report)

Bloom Energy is a clean energy technology company that designs, manufactures and deploys solid oxide fuel cell systems for on-site power generation. Its flagship product, the Bloom Energy Server, converts natural gas, biogas or hydrogen into electricity through an electrochemical reaction, offering customers a reliable, low-carbon alternative to grid power. The company also provides a suite of services that includes system installation, remote monitoring and preventative maintenance to ensure long-term performance and uptime.

Founded in 2001 by Dr.

## Read More

-   Five stocks we like better than Bloom Energy
-   Why Applied Optoelectronics Stock May Be Near a Turning Point
-   From High-Yield to High-Growth: 3 Stocks Boosting Dividends
-   Is Everspin Technologies the Next AI Edge Breakout?
-   5 Robotics Stocks to Watch as Physical AI Builds Momentum

_This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to \[email protected\]._

Insider Buying or Selling at Bloom Energy?

Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Bloom Energy and related companies.

From Our Partners

SpaceX eyes a 1.75 trillion valuation - here's what to know

Elon Musk's team has quietly filed confidential paperwork with the SEC for what Bloomberg estimates could be a...

Brownstone Research

Iran's New Leader Just Said Something That Should Terrify Every American

Iran's Supreme Leader has declared the Strait of Hormuz closed as leverage against the U.S. - and with 40% of ...

American Alternative

$30 stock to buy before Starlink goes public (WATCH NOW!)

In the next 3 minutes… James Altucher – legendary investor and venture capitalist… And someone who’s kno...

Paradigm Press

Trump's gold order: the announcement they won't put on the front page

On August 15, 1971, Nixon interrupted prime-time television and ended the gold standard in 15 minutes - no deb...

Reagan Gold Group

My feud with Zohran Mamdani

Emmy-winning analyst releases his next big story Whitney Tilson shocked the nation on 60 Minutes when he ac...

Stansberry Research

Iran War Shock: What I Was Told In That Private Meeting

You’re Being LIED To About The Iran War Forget EVERYTHING you’ve heard about the Iran war. Especially th...

Banyan Hill Publishing

Why this tiny stock may move before the SpaceX IPO drops

The projected SpaceX and xAI S-1 filing hits the SEC on June 1st - and analyst Dylan Jovine says $1.75 trillio...

Behind the Markets

SpaceX IPO hides a much bigger story

The SpaceX IPO could be the biggest in history at $1.75 trillion - but the real story isn't the IPO itself. ...

Weiss Ratings

### Related Stocks

- [BE.US](https://longbridge.com/en/quote/BE.US.md)
- [NNE.US](https://longbridge.com/en/quote/NNE.US.md)
- [C.US](https://longbridge.com/en/quote/C.US.md)
- [BARC.UK](https://longbridge.com/en/quote/BARC.UK.md)
- [BCS.US](https://longbridge.com/en/quote/BCS.US.md)
- [JEF.US](https://longbridge.com/en/quote/JEF.US.md)
- [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md)
- [C-R.US](https://longbridge.com/en/quote/C-R.US.md)
- [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md)

## Related News & Research

- [TimesSquare Capital Management LLC Has $29.27 Million Holdings in Bloom Energy Corporation $BE](https://longbridge.com/en/news/286897134.md)
- [Bloom Energy (BE) Valuation Check After AI Power Deals Guidance Upgrade And Strong First Quarter Results](https://longbridge.com/en/news/286881834.md)
- [USA Compression Partners Announces 2025 K-3 Tax Package Availability | USAC Stock News](https://longbridge.com/en/news/286620216.md)
- [Vinci Compass Investments (NASDAQ:VINP) CFO Sells $16,306.00 in Stock](https://longbridge.com/en/news/286349817.md)
- [Lifeway Foods (NASDAQ:LWAY) Major Shareholder Sells $596,880.00 in Stock](https://longbridge.com/en/news/286877679.md)