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.
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