Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Fluence Energy Inc shares valued at $155,680 were purchased by BULLS HERMAN E on Dec 23 ’24. At $15.57 per share, BULLS HERMAN E acquired 10,000 shares. The insider’s holdings grew to 75,861 shares worth approximately $1.3 million following the completion of this transaction.
Also, BULLS HERMAN E purchased 10,000 shares, netting a total of over 168,140 in proceeds. Following the buying of shares at $16.81 each, the insider now holds 65,861 shares.
Before that, Zahurancik John had sold 25,000 shares from its account. In a trade valued at $605,500, the SVP and President, Americas traded Fluence Energy Inc shares for $24.22 each. Upon closing the transaction, the insider’s holdings decreased to 25,000 shares, worth approximately $1.64 million.
As published in a research note from Robert W. Baird on December 18, 2024, Fluence Energy Inc [FLNC] has been rated down from an Outperform to a Neutral and the price target has been revised to $20 from $24. Analysts at Exane BNP Paribas upgraded the stock from ‘”an Underperform”‘ to ‘”a Neutral”‘ outlook in a report released in early November. As of October 01, 2024, Citigroup has decreased its “Buy” rating to a “Neutral” for FLNC. Earlier on September 04, 2024, Jefferies initiated its rating. Their recommendation was “a Buy” for FLNC stock.
Analyzing FLNC Stock Performance
During the last five days, there has been a surge of approximately 7.62%. Over the course of the year, Fluence Energy Inc shares have jumped approximately 7.62%. Shares of the company reached a 52-week high of $18.58 on 01/06/25 and a 52-week low of $16.28 on 01/02/25. A 50-day SMA is recorded $18.74, while a 200-day SMA reached $18.85. Nevertheless, trading volume fell to 1.81 million shares from 3.16 million shares the previous day.
Support And Resistance Levels for Fluence Energy Inc (FLNC)
According to the 24-hour chart, there is a support level at 16.71, which, if violated, would cause prices to drop to 16.34. In the upper region, resistance lies at 17.53. The next price resistance is at 17.98. RSI (Relative Strength Index) is 48.53 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.02, which suggests the price will increase in the coming days. Percent R is at 38.60%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
