Key Points
- Fluent director James Geygan bought 12,376 shares at an average $3.38, totaling $41,830.88 and increasing his holdings by 0.40% to nearly 3.14 million shares.
- Fluent reported quarterly revenue of $48.45 million, above the $44.64 million analyst estimate, while adjusted EPS of negative $0.13 also beat expectations. However, the company remains unprofitable, with a negative net margin and analysts expecting full-year EPS of negative $0.52.
- Analysts maintain a “Moderate Buy” consensus with an average $5.00 price target versus the stock’s recent price near $3.35; institutional ownership stands at 23.33%, with several funds recently increasing or initiating positions.
Fluent, Inc. (NASDAQ:FLNT - Get Free Report) Director James Geygan acquired 12,376 shares of the firm's stock in a transaction that occurred on Monday, September 14th. The shares were bought at an average cost of $3.38 per share, for a total transaction of $41,830.88. Following the acquisition, the director owned 3,137,960 shares of the company's stock, valued at $10,606,304.80. This represents a 0.40% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.
James Geygan also recently made the following trade(s):
- On Tuesday, September 1st, James Geygan sold 148 shares of Fluent stock. The shares were sold at an average price of $3.23, for a total transaction of $478.04.
- On Friday, August 28th, James Geygan sold 665 shares of Fluent stock. The shares were sold at an average price of $3.58, for a total transaction of $2,380.70.
- On Tuesday, August 25th, James Geygan sold 2 shares of Fluent stock. The shares were sold at an average price of $4.15, for a total transaction of $8.30.
- On Monday, August 17th, James Geygan sold 500 shares of Fluent stock. The stock was sold at an average price of $4.05, for a total value of $2,025.00.
- On Friday, August 14th, James Geygan sold 600 shares of Fluent stock. The stock was sold at an average price of $4.15, for a total value of $2,490.00.
Fluent Stock Performance
NASDAQ FLNT opened at $3.35 on Thursday. The business has a 50 day moving average price of $3.62 and a 200 day moving average price of $3.28. The company has a market capitalization of $105.89 million, a P/E ratio of -4.35 and a beta of 0.75. Fluent, Inc. has a 1-year low of $1.70 and a 1-year high of $4.49. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.88 and a quick ratio of 0.88.
Fluent (NASDAQ:FLNT - Get Free Report) last posted its earnings results on Monday, August 10th. The company reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.15) by $0.02. Fluent had a negative return on equity of 155.09% and a negative net margin of 11.48%.The company had revenue of $48.45 million for the quarter, compared to analyst estimates of $44.64 million. Sell-side analysts expect that Fluent, Inc. will post -0.52 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several equities analysts have weighed in on FLNT shares. Lake Street Capital restated a "buy" rating and set a $5.50 target price (up from $5.00) on shares of Fluent in a report on Tuesday, August 11th. Canaccord Genuity Group set a $4.50 price target on shares of Fluent and gave the company a "hold" rating in a report on Tuesday, August 11th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $5.00.
Check Out Our Latest Stock Report on FLNT
Fluent News Roundup
Here are the key news stories impacting Fluent this week:
- Positive Sentiment: Director James Geygan and major shareholder Global Value Investment Corp. each reported purchases of 12,376 Fluent shares at an average of $3.38, worth approximately $41,831. The purchases increased their reported holdings by about 0.4%, providing a modest bullish signal. SEC insider transaction filing
- Neutral Sentiment: Earlier sales by Geygan and Global Value involved the same small blocks—1,915 shares in total at prices ranging from $3.23 to $4.15. These transactions reduced each holder’s position by no more than 0.02% and therefore appear unlikely to materially change the investment outlook. Director SEC filing
- Negative Sentiment: David Allen Graff reportedly sold 25,000 shares of Fluent stock. The larger sale could create some short-term selling pressure and may weigh on sentiment, although the filing details provided do not specify the sale price or the seller’s remaining ownership. David Allen Graff sells Fluent shares
Hedge Funds Weigh In On Fluent
A number of institutional investors have recently made changes to their positions in the stock. Tieton Capital Management LLC purchased a new stake in shares of Fluent in the second quarter valued at $4,387,000. Sei Investments Co. increased its position in Fluent by 117.5% during the 1st quarter. Sei Investments Co. now owns 508,110 shares of the company's stock worth $1,606,000 after purchasing an additional 274,533 shares in the last quarter. Corient Private Wealth LP acquired a new position in Fluent in the 2nd quarter valued at about $4,933,000. Salvus Wealth Management LLC raised its stake in Fluent by 54.3% in the 2nd quarter. Salvus Wealth Management LLC now owns 30,008 shares of the company's stock valued at $112,000 after purchasing an additional 10,560 shares during the last quarter. Finally, 4WEALTH Advisors Inc. lifted its holdings in Fluent by 27.1% in the 1st quarter. 4WEALTH Advisors Inc. now owns 22,237 shares of the company's stock valued at $69,000 after purchasing an additional 4,735 shares in the last quarter. 23.33% of the stock is owned by institutional investors and hedge funds.
About Fluent
(
Get Free Report)
Fluent, Inc is a digital marketing and advertising technology company that helps brands, agencies and publishers reach and engage consumers across digital channels. Its offerings are designed to support customer acquisition, audience targeting and campaign performance through data-driven marketing solutions.
The company provides programmatic advertising, media buying, audience development, data management and marketing technology services. Fluent's platform supports campaigns across channels such as display, mobile, video, social media and connected television, with tools intended to help advertisers identify relevant audiences, deliver personalized messages and measure results.
Fluent serves marketers, agencies and media owners in the United States and international markets.
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