Bloom Energy Corporation (NYSE:BE) stock was trading lower on Wednesday, following Tuesday’s gains. This followed congressional financial disclosures made public Monday morning. The filings revealed that former House Speaker Nancy Pelosi (D-CA) established a major position in the clean energy provider.
Trading Details Revealed
Public records dated Aug. 21 disclosed late July purchases of 15,000 common shares and 200 call options with a $100 strike price expiring on June 17, 2027. The transactions took place on July 24 and July 28. Combined Bloom Energy and Intel Corp. (NASDAQ:INTC) purchases were valued between $3.75 million and $13.5 million. A disclosure dated Aug. 21 showed a Bloom Energy purchase valued between $4.25 million and $14.5 million for the July 24 transaction.
Record Revenue Expansion
The high-profile endorsement reinforces fundamental momentum following second-quarter earnings in late July. Bloom Energy reported record quarterly revenue that crossed $1 billion for the first time, up 165.5% year-over-year. Management subsequently raised its full-year 2026 revenue guidance to a range of $3.9 billion to $4.2 billion.
