Fluence Energy Inc (NASDAQ: FLNC) is -9.01% lower on its value in year-to-date trading and has touched a low of $12.74 and a high of $27.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FLNC stock was last observed hovering at around $20.57 in the last trading session, with the day’s gains setting it 1.13%.
Currently trading at $21.70, the stock is -0.15% and 12.10% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.96 million and changing 5.49% at the moment leaves the stock 15.79% off its SMA200. FLNC registered -5.90% loss for a year compared to 6-month gain of 34.45%. The firm has a 50-day simple moving average (SMA 50) of $19.3576 and a 200-day simple moving average (SMA200) of $18.741125.
The stock witnessed a 0.23% loss in the last 1 month and extending the period to 3 months gives it a 30.25%, and is -1.32% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.37% over the week and 5.54% over the month.
Fluence Energy Inc (FLNC) has around 1112 employees, a market worth around $2.78B and $2.14B in sales. Fwd P/E is 33.47. Profit margin for the company is -1.02%. Distance from 52-week low is 70.33% and -21.94% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.15%).
with sales reaching $1.3B over the same period.The EPS is expected to grow by 121.60% this year, but quarterly earnings will post 24.70% year-over-year. Quarterly sales are estimated to grow 93.50% in year-over-year returns.
Fluence Energy Inc (FLNC) Top Institutional Holders
334.0 institutions hold shares in Fluence Energy Inc (FLNC), with institutional investors hold 114.59% of the company’s shares. The shares outstanding are 118.90M, and float is at 73.01M with Short Float at 15.06%. Institutions hold 78.86% of the Float.
The top institutional shareholder in the company is SIEMENS AG with over 39.74 million shares valued at $689.06 million. The investor’s holdings represent 31.3285% of the FLNC Shares outstanding. As of 2024-06-30, the second largest holder is SIEMENS PENSION TRUST E V with 11.76 million shares valued at $203.94 million to account for 9.2722 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 6.1 million shares representing 4.8076% and valued at over $105.74 million, while BLACKROCK INC. holds 3.4778 of the shares totaling 4.41 million with a market value of $76.49 million.
Fluence Energy Inc (FLNC) Insider Activity
The most recent transaction is an insider purchase by BULLS HERMAN E, the company’s Director. SEC filings show that BULLS HERMAN E bought 10,000 shares of the company’s common stock on Aug 13 ’24 at a price of $16.81 per share for a total of $0.17 million. Following the purchase, the insider now owns 65861.0 shares.
Fluence Energy Inc disclosed in a document filed with the SEC on Jun 12 ’24 that Zahurancik John (SVP and President, Americas) sold a total of 25,000 shares of the company’s common stock. The trade occurred on Jun 12 ’24 and was made at $24.22 per share for $0.61 million. Following the transaction, the insider now directly holds 96005.0 shares of the FLNC stock.
Still, SEC filings show that on Mar 04 ’24, Pasha Ahmed (SVP & Chief Financial Officer) acquired 3,300 shares at an average price of $15.20 for $50160.0. The insider now directly holds 3,300 shares of Fluence Energy Inc (FLNC).
