UBS Group AG trimmed its holdings in shares of First Advantage Co. (NYSE:FA – Free Report) by 44.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 257,691 shares of the company’s stock after selling 202,975 shares during the period. UBS Group AG owned 0.15% of First Advantage worth $3,744,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Onex Canada Asset Management Inc. increased its holdings in First Advantage by 45.4% during 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 in the last quarter. JPMorgan Chase & Co. increased its holdings in First Advantage by 8.4% during 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 in the last quarter. SG Americas Securities LLC increased its holdings in First Advantage by 8,338.6% during 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 in the last quarter. Capital World Investors increased its holdings in First Advantage by 3.7% during the 3rd quarter. Capital World Investors now owns 8,318,514 shares of the company’s stock valued at $128,022,000 after purchasing an additional 300,000 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in First Advantage by 2.8% during 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 in the last quarter. 94.91% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In other news, 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 transaction, the president directly owned 19,393 shares in the company, valued at $290,895. This trade represents a 54.61% decrease in their position. 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. 4.40% of the stock is owned by corporate insiders.
First Advantage Stock Up 2.5%
First Advantage (NYSE:FA – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.05. First Advantage had a return on equity of 13.16% and a net margin of 0.65%.During the same period last year, the company posted $0.17 EPS. First Advantage’s quarterly revenue was up 8.6% compared to the same quarter last year. First Advantage has set its FY 2026 guidance at 1.150-1.250 EPS. Equities research analysts expect that First Advantage Co. will post 0.74 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of equities research analysts recently weighed in on FA shares. Stifel Nicolaus set a $18.00 price target on First Advantage in a report on Friday, May 8th. JPMorgan Chase & Co. raised their price target on First Advantage from $15.00 to $18.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Barclays raised their price target on First Advantage from $15.00 to $20.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Finally, Citigroup raised their price target on First Advantage from $15.00 to $18.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Two 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 currently has an average rating of “Hold” and an average target price of $18.50.
Get Our Latest Research Report on FA
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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