Insider Trading February 27, 2026

Bloom Energy Director Disposes $207,250 in Stock Amid Strong Quarterly Results and Analyst Upgrades

Gary Pinkus reduced his stake as Bloom Energy reports better-than-expected Q4 2025 results and several firms raised price targets

By Hana Yamamoto BE AHL
Bloom Energy Director Disposes $207,250 in Stock Amid Strong Quarterly Results and Analyst Upgrades
BE AHL

Bloom Energy director Gary Pinkus sold 1,250 shares of the company’s Class A common stock on February 27, 2026, for $165.80 per share, generating $207,250 in proceeds and leaving him with 4,149 directly held shares. The transaction comes after a 548% share price increase over the past year and amid a quarter that beat expectations on both earnings and revenue, followed by multiple analyst price-target increases. Separately, Aspen Insurance Holdings completed a merger that converted Class A ordinary shares into a $37.50 cash right and adjusted in-the-money option awards into contingent cash rights.

Key Points

  • Bloom Energy director Gary Pinkus sold 1,250 Class A shares on February 27, 2026, at $165.80 per share, totaling $207,250; he now directly owns 4,149 shares.
  • Bloom Energy’s Q4 2025 results beat expectations - EPS of $0.45 versus $0.30 expected and revenue of about $778 million versus $640.07 million expected - prompting several firms to raise price targets.
  • Aspen Insurance Holdings completed its merger with a Sompo International subsidiary, converting Class A ordinary shares into the right to receive $37.50 in cash and converting certain in-the-money options into contingent cash rights.

Director sale details

Bloom Energy Corp director Gary Pinkus sold 1,250 shares of Class A common stock on February 27, 2026, at $165.80 per share, for total proceeds of $207,250. After the transaction, Pinkus directly holds 4,149 shares of the company. The sale occurred against a backdrop in which Bloom Energy's stock has climbed approximately 548% over the past year.

Valuation note

While the stock’s year-over-year appreciation has been dramatic, analysis suggests the company may be overvalued at current levels. The contention about valuation accompanies the insider sale, although the sale itself does not carry stated rationale in public filings beyond the transaction specifics.

Fourth-quarter 2025 results and market reaction

Bloom Energy reported fourth-quarter 2025 results that exceeded Wall Street forecasts. The company posted earnings per share of $0.45, above the $0.30 estimate, and reported revenue of about $778 million, which was roughly 21.5% higher than the $640.07 million analysts had anticipated. In the wake of the stronger-than-expected results and the company's guidance for 2026, several brokerages revised their price targets upward.

BTIG raised its price target on the stock to $165 while maintaining a Buy rating. BMO Capital increased its price target to $149, pointing to the company’s financial guidance for 2026 exceeding analyst expectations. TD Cowen moved its price target to $160, highlighting accelerating power demand from data center and commercial and industrial customers as a catalyst for growth.

Insurance sector transaction

Separately, Aspen Insurance Holdings completed the previously announced merger with a subsidiary of Sompo International Holdings. Under the terms of that agreement, Aspen became a wholly owned subsidiary of Endurance Specialty Insurance Ltd. Aspen’s Class A ordinary shares were converted into the right to receive $37.50 in cash. Outstanding stock option awards with an exercise price below $37.50 were converted into a contingent right to receive cash.

Context and limitations

The director sale constitutes a discrete insider transaction and does not itself indicate management commentary about future performance. Likewise, analyst price-target adjustments and the company’s quarterly beats reflect market-facing reactions to reported financials and guidance. The article reports the transactions and the post-quarter analyst responses without additional inference about future stock movement or management intent.


Summary

Director Gary Pinkus sold 1,250 Bloom Energy shares on February 27, 2026, for $165.80 each, totaling $207,250, leaving him with 4,149 shares. Bloom Energy delivered Q4 2025 results that topped expectations on EPS and revenue, prompting several firms to raise price targets. Aspen Insurance Holdings completed a merger that converted Class A shares into a $37.50 cash right and adjusted in-the-money options into contingent cash rights.

Risks

  • Valuation risk for Bloom Energy - the stock has climbed roughly 548% over the past year and analysis indicates it may be overvalued at current levels, which could affect investor returns in the energy and technology sectors.
  • Insider transaction ambiguity - the director sale is a single data point without an explicit public rationale, leaving uncertainty about management intent or personal liquidity needs that could be interpreted variously by market participants.
  • Merger consideration mechanics - Aspen’s conversion of shares and of certain stock option awards into contingent cash rights introduces execution and payout timing uncertainty for former equity holders in the insurance sector.

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