First Advantage Co. $FA Shares Sold by CenterBook Partners LP

by · The Markets Daily

CenterBook Partners LP trimmed its holdings in shares of First Advantage Co. (NYSE:FA – Free Report) by 18.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 323,006 shares of the company’s stock after selling 73,695 shares during the quarter. CenterBook Partners LP’s holdings in First Advantage were worth $4,693,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of First Advantage by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,567 shares of the company’s stock worth $501,000 after buying an additional 1,471 shares during the period. Swiss National Bank increased its position in shares of First Advantage by 1.6% during the third quarter. Swiss National Bank now owns 151,544 shares of the company’s stock worth $2,332,000 after purchasing an additional 2,400 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in shares of First Advantage by 5.9% during the second quarter. The Manufacturers Life Insurance Company now owns 44,279 shares of the company’s stock worth $735,000 after purchasing an additional 2,463 shares in the last quarter. Clearstead Advisors LLC increased its position in shares of First Advantage by 192.8% during the fourth quarter. Clearstead Advisors LLC now owns 4,333 shares of the company’s stock worth $63,000 after purchasing an additional 2,853 shares in the last quarter. Finally, Olstein Capital Management L.P. increased its position in shares of First Advantage by 4.2% during the fourth quarter. Olstein Capital Management L.P. now owns 74,000 shares of the company’s stock worth $1,075,000 after purchasing an additional 3,000 shares in the last quarter. 94.91% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at First Advantage

In related news, President Joelle M. Smith sold 23,334 shares of the stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $15.00, for a total transaction of $350,010.00. Following the transaction, the president owned 19,393 shares of the company’s stock, valued at approximately $290,895. This represents a 54.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 Performance

NYSE FA opened at $15.76 on Tuesday. The stock has a market cap of $2.70 billion, a PE ratio of 525.33 and a beta of 1.20. The company has a current ratio of 3.85, a quick ratio of 3.85 and a debt-to-equity ratio of 0.61. First Advantage Co. has a twelve month low of $8.82 and a twelve month high of $19.01. The stock has a fifty day simple moving average of $13.68 and a 200-day simple moving average of $13.23.

First Advantage (NYSE:FA – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.05. First Advantage had a return on equity of 13.16% and a net margin of 0.65%.The company’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.17 earnings per share. First Advantage has set its FY 2026 guidance at 1.150-1.250 EPS. Equities analysts anticipate that First Advantage Co. will post 0.74 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages recently commented on FA. Stifel Nicolaus set a $18.00 price target on First Advantage in a research report on Friday, May 8th. JPMorgan Chase & Co. boosted their price target on First Advantage from $15.00 to $18.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Citigroup boosted their price target on First Advantage from $15.00 to $18.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Finally, Barclays boosted their price target on First Advantage from $15.00 to $20.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, First Advantage presently has an average rating of “Hold” and an average price target of $18.50.

Check Out Our Latest Stock Analysis on FA

About First Advantage

(Free Report)

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.

Further Reading

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