Y-Intercept (Hong Kong) 13F: Exits Bloom Energy (BE) Stake

Y-Intercept (Hong Kong) completely closed its position in Bloom Energy Corporation (NYSE: BE), selling off all 68,243 shares it held according to a Form 13F filing disclosed on October 16, 2026. 13F reports are backward-looking and show holdings as of the close of the reporting quarter, so this filing may not reflect where the fund stands today.

Inside Y-Intercept's Bloom Energy Trade

The fund parted ways with its entire holding of 68,243 shares, reducing its stake by 100.0% to bring the final share count to zero. Because 13F filings look backward at past quarters, the exact dates of the sale are not detailed in the filing itself.

Other Institutional Activity in Bloom Energy

Other large money managers also adjusted their positions in the fuel cell maker during the period. Blackrock Inc. cut its holdings by 6,618,591 shares, ending with 18,442,336 shares valued at about $4.08 billion. Ameriprise Financial, Inc. lowered its stake by 4,753,946 shares to finish with 18,134,575 shares worth roughly $4.01 billion. Goldman Sachs Group Inc boosted its holdings by adding 4,830,194 shares, bringing its total to 13,950,652 shares valued at about $3.09 billion. Vanguard Portfolio Management LLC trimmed its position by 279,678 shares to hold 12,549,603 shares worth approximately $2.78 billion. Meanwhile, Vanguard Capital Management LLC grew its stake by 285,486 shares, ending with 12,082,447 shares valued at about $2.67 billion.

Bloom Energy Corporation Stock Down 7.0%

Bloom Energy recently traded around $222.63 per share. That puts the stock about 36.6% below its 52-week high of $351.28 and up significantly from its 52-week low of $75.70. The shares sit roughly 10.5% below their 50-day moving average of $248.74 and about 3.6% above their 200-day moving average of $214.89. The company has a market capitalization of roughly $69.6 billion and a forward P/E ratio of 47.89.

Recent Earnings

Bloom Energy posted trailing twelve-month revenue of $3.11 billion and earnings of $0.69 per share. Profitability metrics show a net margin of 7.9% and a return on equity of 22.2%. The company's next earnings report is scheduled for October 22, 2026.

Insider Buying and Selling at Bloom Energy Corporation

Company insiders were active sellers of the stock earlier in August 2026. Officer Aman Joshi sold 4,677 shares at an average price of $241.75 for a total value of about $1.13 million on August 14, 2026. Chief Operating Officer Satish Prabhu Chitoori sold 2,053 shares at $241.64 each, totaling about $496,087 on August 14, 2026. Officer Shawn Marie Soderberg sold 2,895 shares at $233.60 per share for a total of about $676,272 on August 14, 2026. Additionally, Director Jeffrey R. Immelt sold 30,000 shares at $238.91 on August 17, 2026, totaling about $7.17 million.

Analysts Set New Price Targets

Wall Street firms have kept a close eye on the stock with various ratings and updates. On October 2, 2026, Barclays maintained its Equal-Weight rating while lifting its price target from $276.00 to $308.00. UBS maintained a Buy rating and raised its target from $325.00 to $350.00 on October 7, 2026. Bernstein reiterated a Market Perform rating with a target of $282.00 on October 7, 2026. Baird kept an Outperform rating and pushed its target from $310.00 to $351.00 on October 15, 2026. Truist Securities maintained a Hold rating and bumped its target from $218.00 to $240.00 on October 16, 2026. Across 26 analyst opinions, the stock carries a consensus buy recommendation and a mean price target of $284.58.

About Bloom Energy Corporation

Bloom Energy designs and builds solid oxide fuel cell systems that generate on-site power for customers. Its core energy server technology converts fuels like natural gas, biogas, or hydrogen into electricity through a non-combustion process, and the firm also makes electrolyzers for hydrogen production. These systems appeal to commercial operations looking for reliable power independent of traditional grid infrastructure.

Bottom Line

Investors will look to Bloom Energy's upcoming earnings report on October 22, 2026, to gauge how well the business is performing. Future SEC filings will show whether other institutional investors follow Y-Intercept's lead or continue holding their positions in the energy technology firm.