Aman Joshi Sells Shares of Bloom Energy
Bloom Energy's Chief Commercial Officer sold shares worth over $1 million.
Key Points
- Aman Joshi, Bloom Energy's Chief Commercial Officer, sold 3,558 shares for about $1.03 million on June 16, 2026.
- Bloom Energy has a market cap of approximately $79.9 billion and a forward P/E ratio of 64.6.
- Analysts have mixed ratings with a consensus 'buy' and a mean price target of $263.13.
On June 16, 2026, Aman Joshi, the Chief Commercial Officer of Bloom Energy Corporation, sold 3,558 shares of the company. The shares were sold at an average price of $289.14, totaling approximately $1.03 million. This transaction was part of a planned sale.
Insider Buying and Selling at Bloom Energy Corporation
Aman Joshi's recent transaction isn't the only insider activity at Bloom Energy. On the same day, Chief Operations Officer Chitoori Satish sold 2,837 shares at $289.11, also as part of a planned sale. Meanwhile, Chief Accounting Officer Maciej Kurzynski sold 2,259 shares at $288.62 without a prearranged plan. Other insiders like Shawn Marie Soderberg and John Chambers also sold shares recently, with Chambers' transaction occurring on May 28, 2026.
Other Institutional Activity in Bloom Energy
Several institutional investors have adjusted their positions in Bloom Energy. BlackRock, Inc. increased its holdings by 903,550 shares, reaching a total of 25,060,806 shares valued at about $3.4 billion. On the other hand, Ameriprise Financial Inc reduced its stake by 5,756,976 shares, now holding 22,889,027 shares worth approximately $3.1 billion. Vanguard Portfolio Management LLC added 12,829,781 shares, ending with the same number of shares valued at roughly $1.7 billion. Meanwhile, Goldman Sachs Group Inc significantly boosted its position by 7,094,268 shares, totaling 9,120,513 shares valued at around $1.2 billion.
Bloom Energy Stock Snapshot
Shares of Bloom Energy Corporation (NYSE: BE) recently traded near $280.88. The company has a market capitalization of about $79.9 billion and a forward P/E ratio of 64.6. With a beta of 3.746, the stock has experienced volatility. Its 52-week trading range spans from $20.93 to $322.83, with a 50-day moving average of $254.70 and a 200-day moving average of $151.53. The company maintains a strong current ratio of 5.026 and a quick ratio of 3.979, although it has a high debt-to-equity ratio of 311.476.
Recent Earnings
Bloom Energy reported revenue of $2.45 billion, showing growth of 1.304%. Despite a slight net margin of 0.246%, the company recorded a return on equity of 1.286%. The next earnings report is scheduled for July 30, 2026.
Analysts Set New Price Targets
Analysts have recently adjusted their price targets for Bloom Energy. On June 17, 2026, Bernstein initiated coverage with a 'hold' rating and a $276 price target. Earlier, Barclays maintained a 'hold' rating with a $254 target on May 12, 2026. The consensus among analysts remains a 'buy', with a mean price target of $263.13 based on 24 analyst opinions.
About Bloom Energy
Bloom Energy Corporation, headquartered in San Jose, California, specializes in designing and manufacturing solid oxide fuel cell systems for on-site power generation. Its key product, the Bloom Energy Server, converts various fuels into electricity through a non-combustion electrochemical process. The company also offers the Bloom Electrolyzer for hydrogen production. Serving industries like utilities, data centers, and healthcare, Bloom Energy was founded in 2001 and employs around 2,000 people.
Bottom Line
Aman Joshi's recent sale of Bloom Energy shares is part of ongoing insider activity at the company. Investors often track such moves for insights, though they are not definitive indicators of future performance. Bloom Energy continues to be a company with substantial institutional interest, as reflected in recent analyst ratings and institutional investor activity.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
