Understanding the Tailwind Behind Fluence Energy Shares.

Fluence Energy stock is trading -19.46% below its average target price of $28.32 after marking a 4.9% during today's afternoon session. Analysts are giving the mid-cap Renewable Utilities company an average rating of buy and target prices ranging from $18.0 to $38.0 per share.

The stock has an unusually large proportion of its shares sold short at 19.8%, and a short ratio of 6.27. Since 34.38% of the company's shares are owned by insiders, we can infer that there is a degree of alignment between management and shareholder interests. Finally, we also note that an average number of institutional investors are invested in the stock, with 65.2% of Fluence Energy's shares being owned by this investor type.

Institutions Invested in Fluence Energy

Date Reported Holder Percentage Shares Value
2023-03-31 Siemens Ag 34% 39,738,064 $906,425,218
2023-03-31 Siemens Pension Trust E.V. 16% 18,848,631 $429,937,263
2023-03-31 BNP Paribas Asset Management Holding S.A. 5% 5,457,436 $124,484,112
2023-03-31 Vanguard Group, Inc. (The) 3% 3,870,417 $88,284,209
2023-03-31 Electron Capital Partners, LLC 2% 2,529,737 $57,703,299
2023-03-31 Blackrock Inc. 2% 2,498,259 $56,985,286
2023-03-31 Handelsbanken Fonder AB 1% 1,176,781 $26,842,373
2023-03-31 Schroder Investment Management Group 1% 1,182,567 $26,974,352
2023-03-31 FMR, LLC 1% 1,137,469 $25,945,667
2023-03-31 Point72 Asset Management, L.P. 1% 1,094,860 $24,973,756

Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Fluence Energy.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

ON FOCUS