Tieton Capital Management LLC Boosts Stock Position in Fluent, Inc. (NASDAQ:FLNT)

Tieton Capital Management LLC lifted its position in Fluent, Inc. (NASDAQ:FLNT) by 25.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,061,885 shares of the company’s stock after purchasing an additional 216,877 shares during the quarter. Tieton Capital Management LLC owned 6.29% of Fluent worth $2,676,000 at the end of the most recent quarter.

Separately, Intelligence Driven Advisers LLC purchased a new position in shares of Fluent in the 4th quarter worth about $66,000. 23.33% of the stock is currently owned by institutional investors and hedge funds.

Fluent Stock Performance

Shares of FLNT stock opened at $2.04 on Monday. The stock has a market capitalization of $34.43 million, a PE ratio of -1.13 and a beta of 2.30. Fluent, Inc. has a 1-year low of $2.01 and a 1-year high of $4.30. The business has a 50-day moving average of $2.70 and a 200 day moving average of $2.83. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.94 and a quick ratio of 0.94.

Fluent (NASDAQ:FLNT) last issued its earnings results on Friday, February 28th. The company reported ($0.21) earnings per share for the quarter, beating the consensus estimate of ($0.30) by $0.09. The company had revenue of $65.41 million during the quarter, compared to analysts’ expectations of $68.06 million. Fluent had a negative return on equity of 64.75% and a negative net margin of 10.59%. As a group, sell-side analysts anticipate that Fluent, Inc. will post -1.82 earnings per share for the current year.

Analyst Upgrades and Downgrades

FLNT has been the subject of a number of research reports. StockNews.com initiated coverage on Fluent in a report on Sunday. They issued a “hold” rating for the company. Canaccord Genuity Group set a $3.50 target price on Fluent and gave the company a “hold” rating in a report on Friday, February 28th.

Fluent Profile

Fluent, Inc provides data-driven digital marketing services in the United States and internationally. The company operates through Fluent and All Other segments. It offers customer acquisition services by operating digital marketing campaigns, through which the company connects its advertiser clients with consumers.