Fluent director Geygan buys $41.8k Fluent shares, sells $7.4k

James Geygan, a director and 10% owner of Fluent Inc., made both purchases and sales of the company's common stock between August 14 and September 14, 2026. He bought 12,376 shares for $41,830, while selling 1,915 shares for $7,382. The current stock price is $3.35, up 67.5% over the past year, though analysts believe the shares are overvalued.

Geygan's sales to Global Value Investment Corporation (GVIC) were executed at prices between $3.23 and $4.15 per share, with a weighted average sale price. On September 14, Geygan bought 12,376 shares at an average price of $3.38, or $41,830. GVIC held these transactions on the account owner's behalf. Geygan disclaims ownership of these securities except for his financial interest.

On September 16, 2026, 135 shares were no longer reported as beneficially owned due to the end of separately managed accounts with GVIC. Geygan now indirectly owns 3,137,825 shares of Fluent common stock, 67,059 warrants, and 11,366 warrants. Fluent reported an 8% increase in revenue to $48.4 million in Q2, beating expectations.

The Commerce Media Solutions division grew 90% year-over-year, contributing to a $125 million annual revenue run rate. Adjusted net loss was $4.2 million, and adjusted EBITDA was $1.8 million. Canaccord raised its price target to $4.50 due to Fluent's revenue growth and adjusted EBITDA exceeding consensus estimates.