70,058 Shares in First Advantage Co. $FA Bought by Man Group plc

Man Group plc purchased a new stake in First Advantage Co. (NYSE:FA) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 70,058 shares of the company’s stock, valued at approximately $1,265,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. KBC Group NV acquired a new position in shares of First Advantage in the first quarter worth approximately $35,000. Versant Capital Management Inc raised its holdings in First Advantage by 47.1% during the 2nd quarter. Versant Capital Management Inc now owns 2,445 shares of the company’s stock worth $44,000 after purchasing an additional 783 shares during the last quarter. Fifth Third Bancorp acquired a new position in shares of First Advantage in the 1st quarter worth approximately $45,000. Clearstead Advisors LLC lifted its position in shares of First Advantage by 192.8% in the 4th quarter. Clearstead Advisors LLC now owns 4,333 shares of the company’s stock worth $63,000 after purchasing an additional 2,853 shares during the period. Finally, State of Wyoming bought a new stake in shares of First Advantage in the 2nd quarter valued at $81,000. Institutional investors and hedge funds own 94.91% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling

In related news, Director James Lindsey Clark sold 4,921 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $15.69, for a total transaction of $77,210.49. Following the transaction, the director directly owned 56,844 shares of the company’s stock, valued at approximately $891,882.36. This represents a 7.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 insiders.

First Advantage Trading Down 0.5%

NYSE:FA opened at $20.07 on Thursday. First Advantage Co. has a 12 month low of $8.82 and a 12 month high of $25.15. 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 stock has a market capitalization of $3.45 billion, a price-to-earnings ratio of 669.00 and a beta of 1.15. The firm has a fifty day simple moving average of $20.60 and a two-hundred day simple moving average of $15.72.

First Advantage (NYSE:FA) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.06. First Advantage had a net margin of 0.65% and a return on equity of 13.16%. The firm’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.27 EPS. First Advantage has set its FY 2026 guidance at 1.23-1.290 EPS. Analysts expect that First Advantage Co. will post 0.74 EPS for the current fiscal year.

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.