Tudor Investment Corp ET AL Buys New Shares in Fluence Energy, Inc. $FLNC

Key Points

• Tudor Investment Corp ET AL bought 376,103 shares of Fluence Energy in the 3rd quarter (~$4.06M), representing about 0.21% of the company, while institutional investors as a group own 53.16% of the stock.
• Fluence reported Q results of ($0.34) EPS (missing estimates) and $475.23M revenue (beating expectations and up 154.4% YoY); the stock trades near $13.56 with a market cap of roughly $2.49B.
• Analysts are mixed: the consensus rating is Hold with an average price target of $16.05 and individual targets ranging about $13–$32 (4 Buys, 14 Holds, 4 Sells).

Tudor Investment Corp ET AL purchased a new stake in shares of Fluence Energy, Inc. (NASDAQ:FLNC - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 376,103 shares of the company's stock, valued at approximately $4,062,000. Tudor Investment Corp ET AL owned 0.21% of Fluence Energy as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of FLNC. Advisory Services Network LLC purchased a new position in shares of Fluence Energy during the 3rd quarter valued at about $48,000. Quantbot Technologies LP bought a new stake in Fluence Energy during the 3rd quarter worth approximately $51,000. Quarry LP raised its stake in Fluence Energy by 4,371.4% during the 3rd quarter. Quarry LP now owns 5,947 shares of the company's stock worth $64,000 after acquiring an additional 5,814 shares during the period. Newbridge Financial Services Group Inc. purchased a new position in Fluence Energy during the second quarter valued at approximately $67,000. Finally, Divisadero Street Capital Management LP purchased a new position in Fluence Energy during the third quarter valued at approximately $108,000. Hedge funds and other institutional investors own 53.16% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Bank of America set a $32.00 price objective on shares of Fluence Energy in a research note on Tuesday, February 3rd. Jefferies Financial Group set a $24.00 target price on shares of Fluence Energy in a report on Monday, February 9th. Weiss Ratings reiterated a "sell (d)" rating on shares of Fluence Energy in a research note on Monday, December 29th. Susquehanna decreased their price target on Fluence Energy from $27.00 to $23.00 and set a "positive" rating on the stock in a report on Thursday. Finally, Mizuho set a $13.00 price objective on Fluence Energy in a research report on Friday, February 6th. Four research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat, Fluence Energy currently has an average rating of "Hold" and a consensus price target of $16.05.

Fluence Energy Trading Up 3.4%

Shares of Fluence Energy stock opened at $13.56 on Friday. Fluence Energy, Inc. has a twelve month low of $3.46 and a twelve month high of $33.51. The company has a quick ratio of 1.08, a current ratio of 1.48 and a debt-to-equity ratio of 0.80. The business has a 50-day moving average price of $17.12 and a 200-day moving average price of $18.78. The firm has a market cap of $2.49 billion, a price-to-earnings ratio of -30.82 and a beta of 2.96.

Fluence Energy (NASDAQ:FLNC - Get Free Report) last posted its earnings results on Wednesday, February 4th. The company reported ($0.34) EPS for the quarter, missing analysts' consensus estimates of ($0.18) by ($0.16). The firm had revenue of $475.23 million during the quarter, compared to analysts' expectations of $444.23 million. Fluence Energy had a negative return on equity of 10.10% and a negative net margin of 2.04%.Fluence Energy's quarterly revenue was up 154.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.32) earnings per share. Equities research analysts anticipate that Fluence Energy, Inc. will post 0.08 EPS for the current fiscal year.

Insider Activity

In other news, Director Heynitz Harald Von sold 10,000 shares of the stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $16.50, for a total transaction of $165,000.00. Following the completion of the transaction, the director directly owned 63,550 shares in the company, valued at approximately $1,048,575. This represents a 13.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.69% of the stock is owned by company insiders.

Fluence Energy Profile

Fluence Energy is a leading global provider of energy storage products and services, specializing in the deployment of advanced battery systems to support grid stability and renewable integration. The company develops, engineers and delivers turnkey energy storage solutions designed to optimize the reliability, efficiency and economic performance of power networks. By combining hardware, software and lifecycle services, Fluence addresses the growing need for flexible energy assets in an evolving electricity landscape.

The company's core offerings include modular energy storage platforms that pair lithium-ion battery technology with control and optimization software.

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