Fluence Energy Inc’s recent filing unveils that its Director BULLS HERMAN E acquired Company’s shares for reported $0.16 million on Dec 23 ’24. In the deal valued at $15.57 per share,10,000 shares were bought. As a result of this transaction, BULLS HERMAN E now holds 75,861 shares worth roughly $1.26 million.
Then, BULLS HERMAN E bought 10,000 shares, generating $168,140 in total proceeds. Upon buying the shares at $16.81, the Director now owns 65,861 shares.
Before that, Zahurancik John sold 25,000 shares. Fluence Energy Inc shares valued at $605,500 were divested by the SVP and President, Americas at a price of $24.22 per share. As a result of the transaction, Zahurancik John now holds 96,005 shares, worth roughly $1.59 million.
Robert W. Baird downgraded its Fluence Energy Inc [FLNC] rating to a Neutral from a an Outperform in a research note published on December 18, 2024; the price target was decreased to $20 from $24. A number of analysts have revised their coverage, including Exane BNP Paribas’s analysts, who increased its forecast for the stock in early November from “an Underperform” to “a Neutral”. Citigroup also remained covering FLNC and has decreased its forecast on October 01, 2024 with a “Neutral” recommendation from previously “Buy” rating. Jefferies started covering the stock on September 04, 2024. It rated FLNC as “a Buy”.
Price Performance Review of FLNC
On Monday, Fluence Energy Inc [NASDAQ:FLNC] saw its stock jump 2.92% to $16.56. Over the last five days, the stock has lost -4.55%. Fluence Energy Inc shares have risen nearly 4.28% since the year began. Nevertheless, the stocks have fallen -23.19% over the past one year. While a 52-week high of $26.12 was reached on 01/06/25, a 52-week low of $12.74 was recorded on 01/13/25. SMA at 50 days reached $18.56, while 200 days put it at $18.86.
Levels Of Support And Resistance For FLNC Stock
The 24-hour chart illustrates a support level at 15.84, which if violated will result in even more drops to 15.13. On the upside, there is a resistance level at 17.04. A further resistance level may holdings at 17.53. The Relative Strength Index (RSI) on the 14-day chart is 45.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.33%. Stochastics %K at 48.19% indicates the stock is a holding.
How much short interest is there in Fluence Energy Inc?
A steep rise in short interest was recorded in Fluence Energy Inc stocks on 2024-10-31, growing by 37501.0 shares to a total of 11.03 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 11.0 million shares. There was a rise of 0.34%, which implies that there is a positive sentiment for the stock.
