First Advantage Co. $FA Shares Sold by Emerald Advisers LLC

Emerald Advisers LLC decreased its position in shares of First Advantage Co. (NYSE:FA) by 12.4% in the 1st quarter, HoldingsChannel.com reports. The fund owned 1,147,865 shares of the company’s stock after selling 162,068 shares during the quarter. Emerald Advisers LLC’s holdings in First Advantage were worth $13,499,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of FA. Brighton Jones LLC acquired a new position in First Advantage during the 4th quarter worth $257,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of First Advantage by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,567 shares of the company’s stock valued at $501,000 after purchasing an additional 1,471 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of First Advantage by 7.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 239,233 shares of the company’s stock valued at $3,371,000 after purchasing an additional 16,664 shares during the period. Prudential Financial Inc. bought a new stake in shares of First Advantage during the second quarter valued at about $167,000. Finally, Russell Investments Group Ltd. raised its stake in shares of First Advantage by 627.7% during the second quarter. Russell Investments Group Ltd. now owns 67,178 shares of the company’s stock valued at $1,116,000 after purchasing an additional 57,946 shares in the last quarter. Institutional investors own 94.91% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Citigroup increased their price target on First Advantage from $15.00 to $18.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Barclays boosted their price objective on First Advantage from $15.00 to $20.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Stifel Nicolaus set a $18.00 price objective on First Advantage in a report on Friday, May 8th. Finally, JPMorgan Chase & Co. raised their target price on First Advantage from $15.00 to $18.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $18.50.

Insider Buying and Selling

In other news, Director James Lindsey Clark sold 4,921 shares of the stock in a transaction on Monday, June 8th. The stock was sold at an average price of $15.69, for a total value of $77,210.49. Following the completion of the sale, the director owned 56,844 shares in the company, valued at $891,882.36. This represents a 7.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Joelle M. Smith sold 23,334 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $15.00, for a total value of $350,010.00. Following the completion of the sale, the president directly owned 19,393 shares of the company’s stock, valued at approximately $290,895. This trade represents a 54.61% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 4.40% of the company’s stock.

First Advantage Price Performance

FA stock opened at $20.58 on Tuesday. First Advantage Co. has a one year low of $8.82 and a one year high of $20.97. The firm has a 50-day moving average of $16.60 and a two-hundred day moving average of $13.88. The firm has a market capitalization of $3.53 billion, a PE ratio of 686.00 and a beta of 1.17. The company has a current ratio of 3.85, a quick ratio of 3.85 and a debt-to-equity ratio of 0.61.

First Advantage (NYSE:FA) last released its earnings results on Thursday, May 7th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.05. First Advantage had a net margin of 0.65% and a return on equity of 13.16%. During the same period in the prior year, the company earned $0.17 EPS. The business’s revenue was up 8.6% on a year-over-year basis. First Advantage has set its FY 2026 guidance at 1.150-1.250 EPS. On average, analysts forecast that First Advantage Co. will post 0.74 earnings per share for the current year.

First Advantage Company Profile

First Advantage is a global provider of background screening, identity verification and workforce risk management solutions. The company delivers a comprehensive suite of services that help employers verify candidate credentials, manage regulatory compliance and mitigate risk throughout the employee lifecycle. Its platform is built to integrate with leading human capital management and applicant tracking systems, enabling a seamless and scalable experience for organizations of all sizes.

The company’s core offerings include pre-employment and continuous background screening, digital identity verification, drug and health testing, and ongoing employee monitoring.