Tieton Capital Management LLC Grows Stake in Fluent, Inc. (NASDAQ:FLNT)

Tieton Capital Management LLC lifted its position in Fluent, Inc. (NASDAQ:FLNT) by 25.7% in the 4th quarter, Holdings Channel reports. The fund owned 1,061,885 shares of the company’s stock after acquiring an additional 216,877 shares during the quarter. Tieton Capital Management LLC owned 0.06% of Fluent worth $2,676,000 as of its most recent SEC filing.

Separately, Intelligence Driven Advisers LLC bought a new position in shares of Fluent in the 4th quarter worth approximately $66,000. Hedge funds and other institutional investors own 23.33% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on FLNT. StockNews.com began coverage on Fluent in a research 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 stock a “hold” rating in a report on Friday, February 28th.

Fluent Price Performance

NASDAQ FLNT opened at $2.04 on Monday. The company has a market capitalization of $34.43 million, a PE ratio of -1.13 and a beta of 2.30. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.94 and a current ratio of 0.94. The business’s fifty day moving average is $2.70 and its 200 day moving average is $2.83. Fluent, Inc. has a fifty-two week low of $2.01 and a fifty-two week high of $4.30.

Fluent (NASDAQ:FLNT) last released 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 for the quarter, compared to the consensus estimate of $68.06 million. Fluent had a negative return on equity of 64.75% and a negative net margin of 10.59%. Sell-side analysts predict that Fluent, Inc. will post -1.82 earnings per share for the current year.

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.