Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Fluence Energy Inc shares valued at $48,898 were purchased by von Heynitz Harald on Feb 18 ’25. At $6.99 per share, von Heynitz Harald acquired 7,000 shares. The insider’s holdings grew to 29,861 shares worth approximately $0.22 million following the completion of this transaction.
Also, Fessenden Elizabeth Anne purchased 1,700 shares, netting a total of over 10,931 in proceeds. Following the buying of shares at $6.43 each, the insider now holds 23,561 shares.
Before that, Pasha Ahmed had added 15,500 shares to its account. In a trade valued at $100,440, the SVP & Chief Financial Officer bought Fluence Energy Inc shares for $6.48 each. Upon closing the transaction, the insider’s holdings increased to 15,500 shares, worth approximately $0.18 million.
As published in a research note from BofA Securities on February 13, 2025, Fluence Energy Inc [FLNC] has been rated down from a Buy to a Neutral and the price target has been revised to $8 from $20. Analysts at Wolfe Research downgraded the stock from ‘”an Outperform”‘ to ‘”a Peer perform”‘ outlook in a report released in mid February. As of February 12, 2025, UBS has decreased its “Buy” rating to a “Neutral” for FLNC. Earlier on February 12, 2025, ROTH MKM downgraded its rating. Their new recommendation was “a Neutral” for FLNC stock which previously was a “a Buy”.
Analyzing FLNC Stock Performance
During the last five days, there has been a surge of approximately 12.71%. Over the course of the year, Fluence Energy Inc shares have dropped approximately -53.65%. Shares of the company reached a 52-week high of $18.58 on 01/06/25 and a 52-week low of $6.05 on 02/13/25. A 50-day SMA is recorded $14.10, while a 200-day SMA reached $18.22. Nevertheless, trading volume fell to 8.58 million shares from 5.33 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 6.94, which, if violated, would cause prices to drop to 6.51. In the upper region, resistance lies at 7.63. The next price resistance is at 7.89. RSI (Relative Strength Index) is 29.78 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.59, which suggests the price will decrease in the coming days. Percent R is at 84.10%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.