Fluence Energy, Inc. (NASDAQ:FLNC – Get Free Report) Director Herman E. Bulls bought 10,000 shares of the company’s stock in a transaction dated Tuesday, August 13th. The shares were purchased at an average price of $16.81 per share, with a total value of $168,100.00. Following the transaction, the director now owns 65,861 shares of the company’s stock, valued at $1,107,123.41. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.
Fluence Energy Stock Performance
Shares of FLNC opened at $17.24 on Friday. The firm has a market cap of $3.09 billion, a P/E ratio of -44.21 and a beta of 2.50. Fluence Energy, Inc. has a twelve month low of $12.74 and a twelve month high of $28.14. The firm’s 50 day moving average price is $17.50 and its two-hundred day moving average price is $17.88.
Institutional Investors Weigh In On Fluence Energy
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Swiss National Bank raised its stake in shares of Fluence Energy by 37.7% in the 4th quarter. Swiss National Bank now owns 123,900 shares of the company’s stock valued at $2,955,000 after purchasing an additional 33,900 shares during the period. Jupiter Asset Management Ltd. bought a new stake in Fluence Energy in the 1st quarter valued at approximately $3,247,000. SG Americas Securities LLC acquired a new position in Fluence Energy during the 1st quarter worth approximately $4,082,000. Norges Bank acquired a new stake in shares of Fluence Energy in the fourth quarter valued at approximately $13,931,000. Finally, Quadrature Capital Ltd bought a new stake in shares of Fluence Energy in the fourth quarter worth $1,136,000. 53.16% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Get Our Latest Stock Report on Fluence Energy
Fluence Energy Company Profile
Fluence Energy, Inc, through its subsidiaries, offers energy storage products and solution, services, and artificial intelligence enabled software-as-a-service products for renewables and storage applications in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company sells energy storage products with integrated hardware, software, and digital intelligence.
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