FLNT
Fluent, Inc.
NasdaqCMUSDEQUITY
Communication Services
DELAYED
Last price
4.13
▲ 0.00 (0.12%)
MARKET · —
Price
Open
4.12
Prev close
4.12
Day high
4.20
Day low
4.04
Volume
110.51K
Market cap
$130.38M
P/E (TTM)
—
52W range
1.70 – 4.49
Trailing performance
Returnvs SPY
1W
+0.73%
+2.1%
1M
+21.11%
+17.4%
3M
+52.40%
+49.3%
6M
+24.02%
+13.0%
YTD
+72.08%
+59.8%
1Y
+107.54%
+87.5%
3Y
-0.24%
-74.4%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$130.38M
Enterprise value$158.10M
Revenue (TTM)$202.15M
Gross profit$53.57M
EBITDA$-7.35M
Net income$-23.21M
EPS (TTM)$-0.74
Free cash flow$-5.94M
Total cash$6.88M
Total debt$34.60M
Book value / share$0.45
Shares outstanding31.61M
Float13.89M
Short % of float0.77%
Dividend yield—
Beta (5Y)0.75
Valuation & profitability ratios
Trailing P/E—
Forward P/E-154.67
PEG ratio1.81
Price / sales—
Price / book9.25
EV / revenue0.78
EV / EBITDA-21.50
Gross margin26.50%
Operating margin-9.70%
Profit margin-11.48%
Return on equity-170.46%
Return on assets-13.00%
Debt / equity426.90
Current ratio0.88
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | $208.76M | $254.62M | $298.40M | $361.13M |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | -$27.17M | -$29.28M | -$63.22M | -$123.33M |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | -$27.17M | -$29.28M | -$63.22M | -$123.33M |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | -0.15 | -0.13 | +11.4% |
| Dec 2025 | -0.06 | -0.09 | -63.6% |
| Sep 2025 | -0.14 | -0.27 | -100.0% |
| Jun 2025 | -0.27 | -0.24 | +9.4% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | -0.15 | 3 | $44.64M | -0.2% |
| Next quarter | 0.04 | 3 | $70.23M | +13.6% |
| Current year | -0.35 | 3 | $213.37M | +2.2% |
| Next year | -0.03 | 3 | $243.94M | +14.3% |
Analyst targets & ownership
Mean target$5.00
High target$5.50
Low target$4.50
Implied upside21.21%
Analyst count2
ConsensusBUY
Strong buy / Buy0 / 1
Hold2
Sell / Strong sell0 / 0
Held by insiders49.68%
Held by institutions35.30%
Institutions holding35
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
+2.43M
Net buying
Buy transactions
27
2.49M shares
Sell transactions
5
62.27K shares
Net transactions
+32
Buys less sells
Sell : buy shares
0.0 : 1
Mixed
Insider-held shares
15.70M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jun 25, 26 | CONLIN MATTHEW Officer, Director and Beneficial Owner |
CONVERSION | 597.50K | $299 | |
| Jun 24, 26 | GEYGAN JAMES PHILIP Director and Beneficial Owner of more than 10% of a Class of Security |
CONVERSION | 78.42K | $39 | |
| Jun 24, 26 | GLOBAL VALUE INVESTMENT CORP Beneficial Owner of more than 10% of a Class of Security |
CONVERSION | 78.42K | $39 | Indirect |
| Jun 23, 26 | PATRICK DONALD HUNTLEY Chief Executive Officer |
CONVERSION | 26.79K | $13 | Direct |
| Jun 23, 26 | SCHULKE RYAN Officer, Director and Beneficial Owner |
CONVERSION | 655.89K | $328 | Direct |
| Jun 17, 26 | MATHIS DONALD H Director |
STOCK | 45.25K | $0 | Direct |
| Jun 17, 26 | GEYGAN JAMES PHILIP Director and Beneficial Owner of more than 10% of a Class of Security |
STOCK | 30.10K | $0 | Direct |
| Jun 17, 26 | PFENNIGER RICHARD C JR Director |
STOCK | 30.10K | $0 | Direct |
| Jun 17, 26 | SHATTUCK KOHN BARBARA Z. Director |
STOCK | 30.10K | $0 | Direct |
| Jun 17, 26 | GRAFF DAVID ALLEN Director |
STOCK | 30.10K | $0 | Direct |
| Jun 12, 26 | PATRICK DONALD HUNTLEY Chief Executive Officer |
SELL | 28.13K | $75.39K | Direct |
| Jun 12, 26 | GLOBAL VALUE INVESTMENT CORP Beneficial Owner of more than 10% of a Class of Security |
BUY | 61.37K | $168.90K | Indirect |
| Jun 12, 26 | GEYGAN JAMES PHILIP Director and Beneficial Owner of more than 10% of a Class of Security |
BUY | 61.37K | $168.90K | |
| Jun 1, 26 | CONLIN MATTHEW Officer, Director and Beneficial Owner |
BUY | 5.00K | $10.35K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
CONLIN MATTHEW |
Officer, Director and Beneficial Owner | — | Conversion of Exercise of derivative security |
FROST PHILLIP MD ET AL |
Beneficial Owner of more than 10% of a Class of Security | — | Conversion of Exercise of derivative security |
GEYGAN JAMES PHILIP |
Director and Beneficial Owner of more than 10% of a Class of Security | — | Conversion of Exercise of derivative security |
GLOBAL VALUE INVESTMENT CORP |
Beneficial Owner of more than 10% of a Class of Security | — | Conversion of Exercise of derivative security |
GRAFF DAVID ALLEN |
Director | 120.44K | Stock Award(Grant) |
MATHIS DONALD H |
Director | 171.02K | Stock Award(Grant) |
PATRICK DONALD HUNTLEY |
Chief Executive Officer | 558.79K | Conversion of Exercise of derivative security |
PFENNIGER RICHARD C JR |
Director | 120.44K | Stock Award(Grant) |
SCHULKE RYAN |
Officer, Director and Beneficial Owner | 5.25M | Conversion of Exercise of derivative security |
SHATTUCK KOHN BARBARA Z. |
Director | 140.56K | Stock Award(Grant) |
Moving averages & technicals
SMA 10
4.15
-0.58% from price
SMA 20
3.85
+7.19% from price
SMA 50
3.60
+14.78% from price
SMA 100
3.23
+27.55% from price
SMA 200
3.03
+36.22% from price
EMA 12
4.04
+2.02% from price
EMA 26
3.86
+6.92% from price
EMA 50
3.63
+13.64% from price
RSI (14)
61.8
Neutral
MACD (12,26,9)
0.19
Hist 0.01
ATR (14)
0.26
6.24% of price
Realised vol 30D
49.9%
Annualised
Bollinger upper
4.51
20, 2σ
Bollinger lower
3.19
20, 2σ
50 / 200 cross
Golden
3.60 vs 3.03
Trend bias
Above 200
+36.22%
Risk profile
Beta vs SPY
0.57
Less volatile than market
Correlation to SPY
0.09
Largely independent
Realised vol 30D
49.9%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-48.6%
Peak to trough
Max drawdown 5Y
-91.0%
Peak to trough
ATR 14
0.26
6.24% of price
Beta (reported)
0.75
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Headlines
Fluent, Inc. To Attend Lake Street Capital Markets 10th Annual Best Ideas Growth Conference
GlobeNewswire · 3d ago
Fluent, Inc. Q2 2026 Earnings Call Summary
Moby · 11d ago
Fluent Inc (FLNT) (Q2 2026) Earnings Call Highlights: Commerce Media Surges 90% as Company ...
GuruFocus.com · 12d ago
Fluent Q2 Earnings Call Highlights
MarketBeat · 12d ago
Fluent (FLNT) Reports Q2 Loss, Beats Revenue Estimates
Zacks · 12d ago
Fluent: Q2 Earnings Snapshot
Associated Press · 12d ago
Fluent Announces Second Quarter 2026 Financial Results; Commerce Media Solutions Annual Revenue Run Rate Exceeds $125 Million
GlobeNewswire · 12d ago
Fluent, Inc. to Announce 2026 Second Quarter Financial Results and Host Earnings Conference Call on August 10, 2026
GlobeNewswire · 24d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.