Fluent (NASDAQ:FLNT) Stock Crosses Below Two Hundred Day Moving Average – What’s Next?

Fluent, Inc. (NASDAQ:FLNT) crossed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $3.26 and traded as low as $2.91. Fluent shares last traded at $3.12, with a volume of 179,034 shares changing hands.

Trending Headlines about Fluent

Investors following FLNT have been watching these headlines:

• Positive Sentiment: Fluent reported a Q3 loss of $0.08 per share, narrower than the $0.23 loss a year earlier. Revenue of $53.64 million topped the $50.08 million analyst estimate. Fluent Q3 results
• Positive Sentiment: Commerce Media Solutions revenue doubled, with its annual run rate exceeding $145 million. Fluent also expects consolidated revenue to grow by double digits in 2027, signaling momentum in its growth business. Fluent 2027 growth outlook
• Negative Sentiment: Despite the year-over-year improvement, Fluent still posted a quarterly loss, so sustained profitability remains a key risk for investors.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Lake Street Capital reaffirmed a “buy” rating and issued a $5.50 target price (up from $5.00) on shares of Fluent in a research report on Tuesday, August 11th. Canaccord Genuity Group set a $4.50 price target on Fluent and gave the company a “hold” rating in a research report on Tuesday, August 11th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Fluent currently has a consensus rating of “Moderate Buy” and an average price target of $5.00.

Fluent Stock Down 6.0%

The firm has a market capitalization of $98.62 million, a P/E ratio of -5.03 and a beta of 0.67. The firm’s 50 day moving average is $3.13 and its two-hundred day moving average is $3.26. 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) last announced its quarterly earnings results on Thursday, November 12th. The company reported ($0.08) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.01. The firm had revenue of $53.64 million for the quarter, compared to the consensus estimate of $50.08 million. Fluent had a negative return on equity of 151.75% and a negative net margin of 8.99%. Research analysts predict that Fluent, Inc. will post -0.52 EPS for the current year.

Insider Transactions at Fluent

In related news, Director David Graff sold 25,000 shares of the stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $3.00, for a total value of $75,000.00. Following the sale, the director owned 95,438 shares in the company, valued at approximately $286,314. This represents a 20.76% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James Geygan acquired 12,376 shares of the company’s stock in a transaction dated Monday, September 14th. The stock was bought at an average cost of $3.38 per share, for a total transaction of $41,830.88. Following the completion of the transaction, the director directly owned 3,137,960 shares of the company’s stock, valued at approximately $10,606,304.80. This trade represents a 0.40% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders acquired 27,575 shares of company stock worth $92,357 and sold 27,630 shares worth $84,784. 38.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Fluent

Hedge funds and other institutional investors have recently modified their holdings of the company. 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 worth $112,000 after purchasing an additional 10,560 shares in the last quarter. Bleakley Financial Group LLC grew its position in shares of Fluent by 20.0% during the 3rd quarter. Bleakley Financial Group LLC now owns 80,359 shares of the company’s stock worth $252,000 after purchasing an additional 13,404 shares in the last quarter. Sei Investments Co. grew its position in shares of 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. Tieton Capital Management LLC acquired a new position in shares of Fluent during the 2nd quarter worth approximately $4,387,000. Finally, Corient Private Wealth LP acquired a new position in shares of Fluent during the 2nd quarter worth approximately $4,933,000. Institutional investors and hedge funds own 23.33% of the company’s stock.

Fluent Company Profile

Fluent, Inc. is a performance marketing company that helps advertisers reach and acquire customers through digital channels. Its services include planning and running campaigns designed to connect brands with consumers and support measurable marketing outcomes. The company uses data, audience insights and technology to identify prospective customers and optimize campaigns across channels such as email, mobile and the web. Fluent primarily serves advertisers seeking customer acquisition and related digital marketing services.