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

First Advantage Co. (NYSE:FA) Director James Lindsey Clark sold 2,100 shares of the stock in a transaction dated Wednesday, June 26th. The stock was sold at an average price of $15.48, for a total transaction of $32,508.00. Following the transaction, the director now owns 42,927 shares of the company’s stock, valued at $664,509.96. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

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 transaction of $91,048.75.

First Advantage Trading Up 3.2 %

Shares of FA stock opened at $16.07 on Friday. The firm has a 50 day moving average price of $16.32 and a two-hundred day moving average price of $16.22. The company has a quick ratio of 4.29, a current ratio of 4.29 and a debt-to-equity ratio of 0.62. The company has a market capitalization of $2.33 billion, a PE ratio of 17.30, a price-to-earnings-growth ratio of 2.99 and a beta of 1.15. First Advantage Co. has a 12-month low of $12.46 and a 12-month high of $17.49.

First Advantage (NYSE:FA) last issued its quarterly earnings data on Thursday, May 9th. The company reported $0.17 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.17. The firm had revenue of $169.40 million during the quarter, compared to the consensus estimate of $167.91 million. First Advantage had a net margin of 4.28% and a return on equity of 14.12%. The business’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same period last year, the business posted $0.19 earnings per share. As a group, analysts predict that First Advantage Co. will post 0.83 earnings per share for the current year.

Institutional Investors Weigh In On First Advantage

Several hedge funds have recently bought and sold shares of FA. Dark Forest Capital Management LP lifted its position in First Advantage by 14.6% during the third 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. increased its holdings in shares of First Advantage by 3,654.0% during the third quarter. American Century Companies Inc. now owns 1,027,812 shares of the company’s stock worth $14,174,000 after purchasing an additional 1,000,433 shares during the period. Olstein Capital Management L.P. increased its holdings in shares of First Advantage by 185.0% during the fourth quarter. Olstein Capital Management L.P. now owns 57,000 shares of the company’s stock worth $944,000 after purchasing an additional 37,000 shares during the period. New York State Common Retirement Fund increased its holdings in shares of First Advantage by 400.3% during the fourth quarter. New York State Common Retirement Fund now owns 117,687 shares of the company’s stock worth $1,950,000 after purchasing an additional 94,166 shares during the period. Finally, Andina Capital Management LLC bought a new position in shares of First Advantage during the fourth quarter worth approximately $271,000. 94.91% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on FA. Stifel Nicolaus raised their target price on shares of First Advantage from $16.00 to $21.00 and gave the company a “buy” rating in a research note on Thursday, March 14th. Evercore ISI raised their target price on shares of First Advantage from $17.00 to $18.00 and gave the company an “outperform” rating in a research note on Tuesday, March 26th. Needham & Company LLC reiterated a “hold” rating on shares of First Advantage in a research note on Monday, May 13th. Finally, William Blair began coverage on shares of First Advantage in a research note on Tuesday, April 23rd. They issued an “outperform” rating for the company. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, First Advantage currently has a consensus rating of “Moderate Buy” and an average target price of $18.00.

About First Advantage

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.