Bloom Energy CLO Soderberg sells $1.3m in shares

Published 02/09/2025, 12:34
Bloom Energy CLO Soderberg sells $1.3m in shares

Shawn Marie Soderberg, Chief Legal Officer and Corporate Secretary at Bloom Energy Corp (NYSE:BE), sold 25,000 shares of Class A Common Stock on August 28, 2025. The shares were sold at a price of $52.00, for a total transaction value of $1,300,000. The sale comes as BE shares trade near their 52-week high of $55.07, having delivered an impressive 344.5% return over the past year. According to InvestingPro analysis, the stock appears to be trading above its Fair Value.

On the same day, Soderberg also exercised options to acquire 25,000 shares of Class A Common Stock at a price of $30.89, for a total value of $772,250. With BE’s market capitalization now at $12.39 billion, InvestingPro data shows the stock trading at notably high valuation multiples.

Following these transactions, Soderberg directly owns 225,949 shares of Bloom Energy Corp . Additionally, Soderberg indirectly owns 396,731 shares through The Shawn M. Soderberg 2005 Trust, where she serves as trustee. For deeper insights into insider trading patterns and 18 additional key investment tips for BE, explore InvestingPro’s comprehensive research report.

In other recent news, Bloom Energy reported its second-quarter 2025 earnings, surpassing analyst expectations with an earnings per share of $0.10 compared to the forecasted $0.01. The company’s revenue also exceeded projections, reaching $401.2 million against the expected $376.24 million. In a strategic move, Bloom Energy appointed Aaron Hoover, a former Global Co-Head of Energy Investment Banking at Morgan Stanley, to lead its business and corporate development. Additionally, Jim Hagemann Snabe, known for his extensive experience in scaling global enterprises, joined Bloom Energy’s Board of Directors.

In terms of analyst perspectives, Mizuho raised its price target for Bloom Energy to $48.00 from $31.00, maintaining an Outperform rating due to the company’s plans to expand manufacturing capacity in response to growing data center power demand. Meanwhile, Jefferies maintained a Hold rating with a $24.00 price target, noting various potential catalysts behind recent stock movements. These developments underscore Bloom Energy’s strategic positioning in the market and its focus on leadership and capacity expansion.

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