Bloom Energy CEO Sridhar KR sold 200,000 shares for $34.0M at $170.00 on 2026-02-24
Sridhar KR, Chairman & CEO of Bloom Energy, executed a substantial $34.0M sale of 200,000 shares at $170.00, reducing his holdings by 8.4% to 2.19M shares. This sale occurred near the 52-week high of $174.77 (only 3.6% below peak), at a point where the stock had rallied 10.7% in 30 days and 54.3% in 90 days. Notably, across his 5 prior sales at Bloom Energy, the stock subsequently rose an average 90-day return of 88.6%, with 0 of those 5 sales proving well-timed (meaning he sold before the stock continued climbing). The company remains unprofitable with negative net income of $-23.0M in the latest quarter, despite 37.3% annual revenue growth. The pattern of poorly-timed prior sells at this ticker contrasts with the magnitude of this current transaction and warrants tracking whether this large sale precedes a change in the company's trajectory.