Fifth Third Bancorp Adds $17M in Bloom Energy Corporation ($BE)
Key Points
- Fifth Third Bancorp changed its Bloom Energy Corporation ($BE) stake by 811825.0% last quarter, boosting to 64,954 shares worth $16.90 million.
- Wall Street's consensus rating on $BE is Buy and an average price target of $263.13.
- $BE last traded around $260.11.
Fifth Third Bancorp increased its position in Bloom Energy Corporation ($BE) by 811825.0% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 64,954 shares of Bloom Energy Corporation after buying 64,946 shares during the quarter. Fifth Third Bancorp's holdings in Bloom Energy Corporation were worth $16.90 million as of its most recent filing.
Bloom Energy Corporation ($BE) Stock
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About Bloom Energy Corporation
Bloom Energy Corporation designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation in the United States and internationally. It offers Bloom Energy Server, an energy server platform to convert fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels, into electricity through a non-combustion electrochemical process. The company also provides Bloom Electrolyzer for producing hydrogen. It sells its products through direct and indirect sales channels to utilities, data centers, retail, healthcare, education, telecom, manufacturing, and other industries. The company was formerly known as Ion America Corp. and changed its name to Bloom Energy Corporation in 2006. Bloom Energy Corporation was incorporated in 2001 and is headquartered in San Jose, California.
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