Janux stock plunges after hours following mCRPC trial data
Director Mary K. Bush of Bloom Energy Corp (NYSE:BE) sold 36,000 shares of Class A Common Stock on November 5, 2025, for approximately $5.14 million. The clean energy company has seen remarkable growth with shares surging over 1,100% in the past year, according to InvestingPro data.
The shares were sold at a weighted average price of $142.82, with individual sales prices ranging from $142.69 to $143.27, near the stock’s 52-week high of $147.82. Following the transaction, Bush directly owns 133,524 shares of Bloom Energy. With a market capitalization of $33.28 billion and trading significantly above its Fair Value, Bloom Energy appears on InvestingPro’s overvalued stocks list. Despite this, the company maintains a "GOOD" Financial Health rating with strong momentum scores.
In other recent news, Bloom Energy Corporation announced the pricing of $2.2 billion in 0% convertible senior notes due 2030, initially set at $1.75 billion but increased by $450 million. This offering is part of a private placement to qualified institutional buyers, with an option for initial purchasers to acquire an additional $300 million in notes. Jefferies raised its price target for Bloom Energy to $53 from $31, citing a recent deal with BAM as a key factor, though it maintained an Underperform rating due to concerns about the joint venture’s profitability. Additionally, Bloom Energy is in discussions for a potential $600 million revolving credit facility, which would include standard covenants and conditions. These conditions may limit the company’s ability to incur additional debt or engage in certain financial activities. The company had previously announced its intention to offer $1.75 billion in convertible senior notes, which are due in 2030 and carry no regular interest. This offering comes with an option for initial purchasers to buy an additional $250 million in notes.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.