Capital World Investors raised its stake in First Advantage Co. (NYSE:FA – Free Report) by 9.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 9,098,714 shares of the company’s stock after acquiring an additional 780,200 shares during the period. Capital World Investors owned approximately 0.05% of First Advantage worth $132,204,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently bought and sold shares of the company. Onex Canada Asset Management Inc. boosted its holdings in First Advantage by 45.4% in the 3rd quarter. Onex Canada Asset Management Inc. now owns 772,147 shares of the company’s stock valued at $11,883,000 after purchasing an additional 240,978 shares during the period. JPMorgan Chase & Co. boosted its holdings in First Advantage by 8.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,315,150 shares of the company’s stock valued at $51,020,000 after purchasing an additional 255,641 shares during the period. SG Americas Securities LLC boosted its holdings in First Advantage by 8,338.6% in the 4th quarter. SG Americas Securities LLC now owns 777,275 shares of the company’s stock valued at $11,294,000 after purchasing an additional 768,064 shares during the period. Vanguard Group Inc. boosted its holdings in First Advantage by 2.8% in the 3rd quarter. Vanguard Group Inc. now owns 7,613,968 shares of the company’s stock valued at $117,179,000 after purchasing an additional 210,187 shares during the period. Finally, CenterBook Partners LP boosted its holdings in First Advantage by 155.5% in the 3rd quarter. CenterBook Partners LP now owns 396,701 shares of the company’s stock valued at $6,105,000 after purchasing an additional 241,427 shares during the period. 94.91% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of analysts have weighed in on FA shares. Stifel Nicolaus set a $18.00 price target on shares of First Advantage in a report on Friday, May 8th. Citigroup increased their price target on shares of First Advantage from $15.00 to $18.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Barclays increased their price target on shares of First Advantage from $15.00 to $20.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Finally, JPMorgan Chase & Co. increased their price target on shares of First Advantage from $15.00 to $18.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $18.50.
First Advantage Price Performance
NYSE:FA opened at $15.76 on Tuesday. The company has a 50-day moving average of $13.68 and a 200-day moving average of $13.23. The company has a market capitalization of $2.70 billion, a price-to-earnings ratio of 525.33 and a beta of 1.20. First Advantage Co. has a 52 week low of $8.82 and a 52 week high of $19.01. The company has a debt-to-equity ratio of 0.61, a quick ratio of 3.85 and a current ratio of 3.85.
First Advantage (NYSE:FA – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.05. First Advantage had a net margin of 0.65% and a return on equity of 13.16%. The firm’s quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.17 earnings per share. First Advantage has set its FY 2026 guidance at 1.150-1.250 EPS. As a group, equities research analysts anticipate that First Advantage Co. will post 0.74 earnings per share for the current fiscal year.
Insider Activity
In related news, President Joelle M. Smith sold 23,334 shares of the stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $15.00, for a total transaction of $350,010.00. Following the completion of the sale, the president owned 19,393 shares in the company, valued at $290,895. This trade represents a 54.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.40% of the stock is owned by company insiders.
First Advantage 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.
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