Fluent (NASDAQ:FLNT) Major Shareholder Global Value Investment Corp. Buys 12,376 Shares

Fluent, Inc. (NASDAQ:FLNT) major shareholder Global Value Investment Corp. purchased 12,376 shares of Fluent stock in a transaction dated Monday, September 14th. The shares were bought at an average price of $3.38 per share, with a total value of $41,830.88. Following the completion of the acquisition, the insider directly owned 3,229,627 shares of the company’s stock, valued at approximately $10,916,139.26. This represents a 0.38% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Global Value Investment Corp. also recently made the following trade(s):

• On Tuesday, September 1st, Global Value Investment Corp. sold 148 shares of Fluent stock. The stock was sold at an average price of $3.23, for a total value of $478.04.
• On Friday, August 28th, Global Value Investment Corp. 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, Global Value Investment Corp. 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, Global Value Investment Corp. 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, Global Value Investment Corp. 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 Price Performance

Shares of FLNT opened at $3.35 on Thursday. The company has a market capitalization of $105.89 million, a P/E ratio of -4.35 and a beta of 0.75. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.64. The firm has a 50 day moving average of $3.62 and a 200 day moving average of $3.28. Fluent, Inc. has a twelve month low of $1.70 and a twelve month high of $4.49.

Fluent (NASDAQ:FLNT) last released its quarterly earnings data on Monday, August 10th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.02. The business had revenue of $48.45 million for the quarter, compared to analysts’ expectations of $44.64 million. Fluent had a negative return on equity of 155.09% and a negative net margin of 11.48%. As a group, equities research analysts anticipate that Fluent, Inc. will post -0.52 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Canaccord Genuity Group set a $4.50 target price on shares of Fluent and gave the company a “hold” rating in a research note on Tuesday, August 11th. Lake Street Capital reiterated a “buy” rating and issued a $5.50 price target (up from $5.00) on shares of Fluent in a research note on Tuesday, August 11th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Fluent currently has a consensus rating of “Moderate Buy” and a consensus price target of $5.00.

Hedge Funds Weigh In On Fluent

Several hedge funds and other institutional investors have recently modified their holdings of the company. 4WEALTH Advisors Inc. boosted its holdings in shares of Fluent by 27.1% in the first quarter. 4WEALTH Advisors Inc. now owns 22,237 shares of the company’s stock worth $69,000 after buying an additional 4,735 shares during the last quarter. Salvus Wealth Management LLC increased its holdings in Fluent by 54.3% during the second quarter. Salvus Wealth Management LLC now owns 30,008 shares of the company’s stock valued at $112,000 after buying an additional 10,560 shares during the last quarter. Sei Investments Co. increased its holdings in Fluent by 117.5% during the first quarter. Sei Investments Co. now owns 508,110 shares of the company’s stock valued at $1,606,000 after buying an additional 274,533 shares during the last quarter. Tieton Capital Management LLC bought a new position in Fluent in the second quarter worth approximately $4,387,000. Finally, Corient Private Wealth LP bought a new position in Fluent in the second quarter worth approximately $4,933,000. 23.33% of the stock is owned by institutional investors.

Key Fluent News

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

About Fluent

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.