Financial Engines (NASDAQ:FNGN) EVP Christopher Jones unloaded 5,000 shares of the company’s stock in a transaction dated Wednesday, September 25th. The stock was sold at an average price of $61.56, for a total value of $307,800.00. Following the completion of the transaction, the executive vice president now directly owns 61,562 shares in the company, valued at approximately $3,789,757. The transaction was disclosed in a filing with the SEC, which is available at this link.
Shares of Financial Engines (NASDAQ:FNGN) traded down 0.21% during mid-day trading on Thursday, hitting $60.92. 137,774 shares of the company’s stock traded hands. Financial Engines has a one year low of $22.70 and a one year high of $63.66. The stock’s 50-day moving average is $55.91 and its 200-day moving average is $45.19. The company has a market cap of $3.026 billion and a price-to-earnings ratio of 132.72.
Financial Engines (NASDAQ:FNGN) last released its earnings data on Thursday, August 1st. The company reported $0.16 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.16. The company had revenue of $57.80 million for the quarter, compared to the consensus estimate of $50.83 million. During the same quarter last year, the company posted $0.11 earnings per share. Financial Engines’s revenue was up 30.5% compared to the same quarter last year. On average, analysts predict that Financial Engines will post $0.71 earnings per share for the current fiscal year.
Separately, analysts at Needham & Company raised their price target on shares of Financial Engines (NASDAQ:FNGN) from $45.00 to $55.00 in a research note to investors on Friday, August 2nd. They now have a “buy” rating on the stock.
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.