Deutsche Bank AG Takes Position in First Advantage Co. $FA

Deutsche Bank AG purchased a new position in shares of First Advantage Co. (NYSE:FA) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 90,399 shares of the company’s stock, valued at approximately $1,632,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Bank of New York Mellon Corp bought a new position in First Advantage during the 2nd quarter valued at $7,501,000. State of Wyoming bought a new stake in shares of First Advantage in the 2nd quarter worth about $81,000. Handelsbanken Fonder AB raised its stake in shares of First Advantage by 51.9% in the 2nd quarter. Handelsbanken Fonder AB now owns 24,300 shares of the company’s stock valued at $439,000 after purchasing an additional 8,300 shares in the last quarter. Versant Capital Management Inc raised its stake in shares of First Advantage by 47.1% in the 2nd quarter. Versant Capital Management Inc now owns 2,445 shares of the company’s stock valued at $44,000 after purchasing an additional 783 shares in the last quarter. Finally, Glenmede Trust Co. NA lifted its position in shares of First Advantage by 6.6% during the first quarter. Glenmede Trust Co. NA now owns 21,966 shares of the company’s stock worth $258,000 after purchasing an additional 1,359 shares during the last quarter. Institutional investors own 94.91% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Citigroup boosted their price objective on First Advantage from $18.00 to $22.00 and gave the company a “neutral” rating in a report on Monday, August 17th. Barclays lifted their target price on First Advantage from $20.00 to $30.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Stifel Nicolaus set a $18.00 price target on First Advantage in a report on Friday, May 8th. Zacks Research raised First Advantage from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 17th. Finally, Needham & Company LLC raised shares of First Advantage from a “hold” rating to a “buy” rating and set a $28.00 target price on the stock in a report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $23.33.

Insider Transactions at First Advantage

In other news, Director James Lindsey Clark sold 4,921 shares of the business’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $15.69, for a total transaction of $77,210.49. Following the completion of the transaction, the director owned 56,844 shares of the company’s stock, valued at approximately $891,882.36. The trade was a 7.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 4.40% of the company’s stock.

First Advantage Stock Up 0.5%

Shares of First Advantage stock opened at $21.04 on Friday. The company has a current ratio of 3.85, a quick ratio of 3.85 and a debt-to-equity ratio of 0.61. The business’s 50 day simple moving average is $20.36 and its 200-day simple moving average is $15.49. The stock has a market capitalization of $3.61 billion, a price-to-earnings ratio of 701.33 and a beta of 1.16. First Advantage Co. has a twelve month low of $8.82 and a twelve month high of $25.15.

First Advantage (NYSE:FA) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.06. First Advantage had a return on equity of 13.16% and a net margin of 0.65%.The firm’s revenue was up 14.9% on a year-over-year basis. During the same quarter last year, the company posted $0.27 earnings per share. First Advantage has set its FY 2026 guidance at 1.23-1.290 EPS. Equities research 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.