Flux Energy Director Herman Bulls bought $155,680 worth of stock By Investing.com

Fluence Energy Inc. (NASDAQ:FLNC) Director Herman Bulls recently acquired 10,000 shares of the company’s Class A common stock. The shares were purchased in On December 23, 2024, at an average price of $15.568 per share, for a total transaction value of $155,680. As he says Invest Pro Data, this acquisition comes as the company shows strong fundamentals, with more cash than debt on its balance sheet, and expected sales growth this year. The shares were bought in several open market transactions at prices ranging from $15.53 to $15.58 per share. After this purchase, Bulls will hold a total of 75,861 shares in the company. With a capitalization of $2.9 billion and current analysis, the stock is undervalued. Invest Pro Subscribers can access 14 additional investment tips and a comprehensive pro research report for in-depth insights into FLNC’s potential.

In other recent news, Flux Energy is the focus of many analysts following its strong financial performance. The energy storage solutions provider posted an impressive 21.67% revenue growth over the past twelve months, reaching $2.7 billion. The company’s fourth-quarter earnings were also superior, with a 28% increase in EBITDA, better than expected.

Financial services firm Baird raised its price target on Fluence Energy to $24, citing concerns about potential margin pressure from lower-priced rivals. On the other hand, Canaccord Genuity maintained its buy rating on Fluence Energy, citing a 33% compound annual growth rate from 2024 to 2026, down from $37.00 to $34.00.

Similarly, Jefferies revised its price target to $22.00 from $25.00, but maintained its buy rating on Fluence Energy. The firm credits Flux Energy’s strong position in the current market environment, particularly its effective tariff strategy.

In addition to these valuations, Flux Energy announced plans to issue $300 million of convertible senior notes due 2030. This move is aimed at financing general corporate purposes and improving the battery cell production line. These recent developments reflect Flux Energy’s strong growth and strategic initiatives in the energy storage sector.

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