Fluent, Inc. (NASDAQ:FLNT - Get Free Report) major shareholder Global Value Investment Corp. purchased 5,045 shares of the firm's stock in a transaction that occurred on Wednesday, December 4th. The stock was purchased at an average price of $2.74 per share, with a total value of $13,823.30. Following the completion of the purchase, the insider now directly owns 3,042,066 shares of the company's stock, valued at approximately $8,335,260.84. This represents a 0.17 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Large shareholders that own more than 10% of a company's shares are required to disclose their sales and purchases with the SEC.
Fluent Stock Up 5.7 %
Shares of FLNT stock opened at $2.76 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.94 and a current ratio of 0.94. The business has a 50 day moving average of $2.98 and a two-hundred day moving average of $3.16. Fluent, Inc. has a 52 week low of $2.31 and a 52 week high of $4.78.
Analysts Set New Price Targets
A number of equities analysts have commented on the company. StockNews.com assumed coverage on Fluent in a research note on Sunday, December 1st. They issued a "hold" rating for the company. Canaccord Genuity Group decreased their target price on Fluent from $4.50 to $4.00 and set a "hold" rating for the company in a research note on Tuesday, August 20th.
Wall Street Icon: “You must get on the right side of this thing”
From InvestorPlace | Ad
I created one of the first quantitative analysis-based stock picking systems long before "quants" became a thing on Wall Street… leading Forbes to call me "King of the Quants."
I'm writing to you today because my system has recently uncovered a market phenomenon I haven't seen in 30 years.
This market shakeup is going to be much more intense.
Check Out Our Latest Research Report on Fluent
Fluent Company Profile
(
Get Free Report)
Fluent, Inc provides data-driven digital marketing services in the United States and internationally. The company operates through Fluent and All Other segments. It offers customer acquisition services by operating digital marketing campaigns, through which the company connects its advertiser clients with consumers.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
