First Advantage Co. (NYSE:FA) Director James Lindsey Clark Sells 2,100 Shares

First Advantage Co. (NYSE:FA) Director James Lindsey Clark sold 2,100 shares of First Advantage stock in a transaction that occurred on Wednesday, June 26th. The shares were sold at an average price of $15.48, for a total value of $32,508.00. Following the completion of the sale, the director now owns 42,927 shares in the company, valued at $664,509.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

James Lindsey Clark also recently made the following trade(s):

• On Monday, June 10th, James Lindsey Clark sold 5,603 shares of First Advantage stock. The stock was sold at an average price of $16.25, for a total value of $91,048.75.

First Advantage Stock Up 3.2 %

FA traded up $0.50 on Friday, reaching $16.07. The company’s stock had a trading volume of 2,157,019 shares, compared to its average volume of 441,703. The stock has a market cap of $2.33 billion, a price-to-earnings ratio of 72.09, a price-to-earnings-growth ratio of 2.98 and a beta of 1.15. First Advantage Co. has a 1 year low of $12.46 and a 1 year high of $17.49. The company has a debt-to-equity ratio of 0.62, a current ratio of 4.29 and a quick ratio of 4.29. The business’s 50 day moving average is $16.30 and its 200 day moving average is $16.22.

First Advantage (NYSE:FA) last released its quarterly earnings results on Thursday, May 9th. The company reported $0.17 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.17. The company had revenue of $169.40 million for the quarter, compared to analysts’ expectations of $167.91 million. First Advantage had a return on equity of 14.12% and a net margin of 4.28%. The business’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.19 earnings per share. As a group, research analysts forecast that First Advantage Co. will post 0.83 EPS for the current fiscal year.

Wall Street Analyst Weigh In

FA has been the topic of a number of research analyst reports. Evercore ISI boosted their target price on First Advantage from $17.00 to $18.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 26th. Stifel Nicolaus upped their target price on First Advantage from $16.00 to $21.00 and gave the company a “buy” rating in a research note on Thursday, March 14th. Needham & Company LLC restated a “hold” rating on shares of First Advantage in a research note on Monday, May 13th. Finally, William Blair initiated coverage on First Advantage in a research note on Tuesday, April 23rd. They set an “outperform” rating for the company. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $18.00.

Hedge Funds Weigh In On First Advantage

Several hedge funds have recently modified their holdings of the company. Dark Forest Capital Management LP grew its holdings in shares of First Advantage by 14.6% in the 3rd quarter. Dark Forest Capital Management LP now owns 17,343 shares of the company’s stock worth $239,000 after acquiring an additional 2,211 shares during the last quarter. American Century Companies Inc. grew its holdings in shares of First Advantage by 3,654.0% in the 3rd quarter. American Century Companies Inc. now owns 1,027,812 shares of the company’s stock worth $14,174,000 after acquiring an additional 1,000,433 shares during the last quarter. Olstein Capital Management L.P. grew its holdings in shares of First Advantage by 185.0% in the 4th quarter. Olstein Capital Management L.P. now owns 57,000 shares of the company’s stock worth $944,000 after acquiring an additional 37,000 shares during the last quarter. New York State Common Retirement Fund grew its holdings in shares of First Advantage by 400.3% in the 4th quarter. New York State Common Retirement Fund now owns 117,687 shares of the company’s stock worth $1,950,000 after acquiring an additional 94,166 shares during the last quarter. Finally, Andina Capital Management LLC acquired a new position in shares of First Advantage in the 4th quarter worth $271,000. 94.91% of the stock is currently owned by institutional investors and hedge funds.

First Advantage Company Profile

First Advantage Corporation provides employment background screening, identity, and verification solutions worldwide. It offers pre-onboarding products and solutions, such as criminal background checks, drug/health screening, extended workforce screening, FBI channeling, identity checks and biometric fraud mitigation tools, education/work history verification, driver records and compliance, healthcare credentials, executive screening, and other screening products.