Fluent (NASDAQ:FLNT) Director James Geygan Acquires 12,376 Shares of Stock

Fluent, Inc. (NASDAQ:FLNT) Director James Geygan acquired 12,376 shares of Fluent stock in a transaction on Monday, September 14th. The stock was purchased at an average price of $3.38 per share, with a total value of $41,830.88. Following the purchase, the director owned 3,137,960 shares of the company’s stock, valued at $10,606,304.80. The trade was a 0.40% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

James Geygan also recently made the following trade(s):

• On Tuesday, September 1st, James Geygan sold 148 shares of Fluent stock. The stock was 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 stock was 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 shares were sold at an average price of $4.05, for a total transaction of $2,025.00.
• On Friday, August 14th, James Geygan sold 600 shares of Fluent stock. The shares were sold at an average price of $4.15, for a total transaction of $2,490.00.

Fluent Stock Up 0.9%

Shares of NASDAQ:FLNT opened at $3.35 on Thursday. 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. The stock has a market cap of $105.89 million, a P/E ratio of -4.35 and a beta of 0.75. The firm has a fifty day moving average price of $3.62 and a 200 day moving average price of $3.28.

Fluent (NASDAQ:FLNT) last announced its earnings results on Monday, August 10th. The company reported ($0.13) earnings per share for the quarter, topping the consensus estimate of ($0.15) by $0.02. Fluent had a negative net margin of 11.48% and a negative return on equity of 155.09%. The business had revenue of $48.45 million during the quarter, compared to the consensus estimate of $44.64 million. Sell-side analysts predict that Fluent, Inc. will post -0.52 EPS for the current year.

Wall Street Analysts Forecast Growth

FLNT has been the topic of a number of recent research reports. Canaccord Genuity Group set a $4.50 target price on Fluent and gave the company a “hold” rating in a report on Tuesday, August 11th. Lake Street Capital reiterated a “buy” rating and issued a $5.50 price objective (up from $5.00) on shares of Fluent in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $5.00.

Hedge Funds Weigh In On Fluent

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Corient Private Wealth LP acquired a new stake in shares of Fluent in the 2nd quarter valued at approximately $4,933,000. Tieton Capital Management LLC purchased a new position in Fluent in the second quarter worth $4,387,000. Salvus Wealth Management LLC lifted its holdings in Fluent by 54.3% in the second quarter. Salvus Wealth Management LLC now owns 30,008 shares of the company’s stock valued at $112,000 after acquiring an additional 10,560 shares during the period. Sei Investments Co. lifted its holdings in Fluent by 117.5% in the first quarter. Sei Investments Co. now owns 508,110 shares of the company’s stock valued at $1,606,000 after acquiring an additional 274,533 shares during the period. Finally, 4WEALTH Advisors Inc. boosted its position in shares of Fluent by 27.1% during the 1st quarter. 4WEALTH Advisors Inc. now owns 22,237 shares of the company’s stock worth $69,000 after purchasing an additional 4,735 shares in the last quarter. Institutional investors and hedge funds own 23.33% of the company’s stock.

Fluent News Summary

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

Fluent Company Profile

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.