Insider Selling: Financial Engines CEO Unloads 15,000 Shares of Stock (FNGN)

Share on StockTwits

Financial Engines (NASDAQ:FNGN) CEO Jeffrey Nacey Maggioncalda unloaded 15,000 shares of Financial Engines stock in a transaction that occurred on Tuesday, April 22nd. The shares were sold at an average price of $48.22, for a total transaction of $723,300.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Separately, analysts at Needham & Company LLC raised their price target on shares of Financial Engines from $60.00 to $66.00 in a research note on Friday, February 21st.

Shares of Financial Engines (NASDAQ:FNGN) traded down 4.50% during mid-day trading on Wednesday, hitting $46.45. The stock had a trading volume of 421,089 shares. Financial Engines has a 52-week low of $34.64 and a 52-week high of $71.08. The stock’s 50-day moving average is $52.71 and its 200-day moving average is $59.5. The company has a market cap of $2.369 billion and a price-to-earnings ratio of 85.33.

Financial Engines (NASDAQ:FNGN) last released its earnings data on Thursday, February 20th. The company reported $0.22 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.23 by $0.01. The company had revenue of $65.20 million for the quarter, compared to the consensus estimate of $65.86 million. Analysts expect that Financial Engines will post $0.94 EPS for the current fiscal year.

Financial Engines, Inc (NASDAQ:FNGN) is a provider of portfolio management services, investment advice and retirement income services to participants in employer-sponsored defined contribution plans, such as 401(k) plans.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.

Latest News

Novartis, GlaxoSmitheKline and Eli Lilly Announce Deals
Novartis, GlaxoSmitheKline and Eli Lilly Announce Deals
Chobani Moving Beyond Just Greek Yogurt
Chobani Moving Beyond Just Greek Yogurt
IBM Reports Drop In Revenue And Profit
IBM Reports Drop In Revenue And Profit
Google Fails To Meet Expectations In First Quarter
Google Fails To Meet Expectations In First Quarter
Shipments of Xbox One Surpass Five Million
Shipments of Xbox One Surpass Five Million
Yahoo Revenue and Earnings Beat the Street
Yahoo Revenue and Earnings Beat the Street


Leave a Reply

 
© 2006-2014 Zolmax. Subscribe