Fluence Power (NASDAQ:FLNC – Get Ranking) had its value goal upped by Evercore ISI to $23.00 in a report launched on Monday, Inventory Goal Advisor reviews. Evercore ISI’s value goal factors to a possible upside of 39.73% from the inventory’s earlier shut.
A lot of different equities analysts have additionally just lately issued reviews on the corporate. Credit score Suisse Group decreased their goal value on Fluence Power from $37.00 to $29.00 in a report on Monday, Might sixteenth. JPMorgan Chase & Co. boosted their goal value on Fluence Power from $25.00 to $28.00 and gave the corporate an “obese” score in a analysis word on Monday, August eighth. The Goldman Sachs Group boosted their value goal on Fluence Power from $9.50 to $15.00 and gave the inventory a “impartial” score in a analysis report on Wednesday, August seventeenth. Morgan Stanley boosted their value goal on Fluence Power from $13.00 to $17.00 and gave the inventory an “equal weight” score in a analysis report on Thursday. Lastly, Canaccord Genuity Group boosted their value goal on Fluence Power from $16.00 to $20.00 and gave the inventory a “purchase” score in a analysis report on Wednesday, August seventeenth. One analysis analyst has rated the inventory with a promote score, 5 have given a maintain score and fifteen have given a purchase score to the corporate. In keeping with MarketBeat, Fluence Power at present has a median score of “Reasonable Purchase” and a consensus value goal of $29.33.
Fluence Power Inventory Up 0.4 %
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Shares of FLNC traded up $0.06 throughout mid-day buying and selling on Monday, hitting $16.46. The inventory had a buying and selling quantity of 1,409,615 shares, in comparison with its common quantity of 1,454,508. The corporate has a market cap of $2.84 billion and a PE ratio of -8.36. Fluence Power has a fifty-two week low of $4.96 and a fifty-two week excessive of $39.40. The corporate’s fifty day easy transferring common is $11.83 and its two-hundred day easy transferring common is $11.44.
Insiders Place Their Bets
In different information, SVP Seyed Madaeni bought 84,208 shares of the inventory in a transaction on Thursday, June 2nd. The inventory was bought at a median value of $10.15, for a complete worth of $854,711.20. The transaction was disclosed in a submitting with the SEC, which is accessible via the SEC web site. In associated information, SVP Seyed Madaeni bought 84,208 shares of the agency’s inventory in a transaction on Thursday, June 2nd. The inventory was bought at a median value of $10.15, for a complete transaction of $854,711.20. The sale was disclosed in a submitting with the SEC, which is out there at this hyperlink. Additionally, Director Cynthia A. Arnold acquired 10,000 shares of the corporate’s inventory in a transaction that occurred on Tuesday, Might thirty first. The shares had been acquired at a median price of $10.13 per share, for a complete transaction of $101,300.00. Following the acquisition, the director now instantly owns 10,000 shares within the firm, valued at roughly $101,300. The disclosure for this buy could be discovered right here. Firm insiders personal 0.01% of the corporate’s inventory.
Hedge Funds Weigh In On Fluence Power
A lot of giant buyers have just lately added to or decreased their stakes within the firm. JPMorgan Chase & Co. acquired a brand new stake in Fluence Power within the 4th quarter valued at about $106,061,000. Electron Capital Companions LLC lifted its place in Fluence Power by 29.8% throughout the first quarter. Electron Capital Companions LLC now owns 2,333,871 shares of the corporate’s inventory price $30,597,000 after buying an extra 535,160 shares over the past quarter. Jennison Associates LLC acquired a brand new stake in Fluence Power throughout the fourth quarter price roughly $62,854,000. Winslow Capital Administration LLC lifted its place in Fluence Power by 6.4% throughout the first quarter. Winslow Capital Administration LLC now owns 1,582,290 shares of the corporate’s inventory price $20,744,000 after buying an extra 94,533 shares over the past quarter. Lastly, Invesco Ltd. raised its place in shares of Fluence Power by 109.7% within the first quarter. Invesco Ltd. now owns 1,437,240 shares of the corporate’s inventory valued at $18,842,000 after shopping for an extra 752,009 shares within the final quarter.
Fluence Power Firm Profile
(Get Ranking)
Fluence Power, Inc offers power storage services and products, and synthetic intelligence enabled digital purposes for renewables and storage purposes worldwide. The corporate sells power storage merchandise with built-in {hardware}, software program, and digital intelligence, in addition to engineering and supply companies to help the deployment of its storage merchandise; operational and upkeep, and power storage-as-a-service; and digital purposes and options.
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