Financial Engines, Inc. (FNGN) EVP Michael Jerome Campbell Sells 2,000 Shares

Financial Engines, Inc. (NASDAQ:FNGN) EVP Michael Jerome Campbell sold 2,000 shares of the business’s stock in a transaction on Tuesday, May 23rd. The stock was sold at an average price of $39.40, for a total transaction of $78,800.00. Following the completion of the transaction, the executive vice president now owns 41,020 shares in the company, valued at approximately $1,616,188. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Michael Jerome Campbell also recently made the following trade(s):

  • On Tuesday, April 18th, Michael Jerome Campbell sold 2,000 shares of Financial Engines stock. The stock was sold at an average price of $40.35, for a total transaction of $80,700.00.
  • On Tuesday, March 21st, Michael Jerome Campbell sold 2,000 shares of Financial Engines stock. The stock was sold at an average price of $41.25, for a total transaction of $82,500.00.

Shares of Financial Engines, Inc. (FNGN) traded down 0.52% during midday trading on Friday, hitting $38.35. 438,773 shares of the company traded hands. The stock has a market capitalization of $2.41 billion, a P/E ratio of 65.22 and a beta of 2.17. The stock’s 50-day moving average is $39.79 and its 200 day moving average is $39.55. Financial Engines, Inc. has a 12-month low of $23.56 and a 12-month high of $45.75.

Financial Engines (NASDAQ:FNGN) last announced its quarterly earnings data on Thursday, May 4th. The asset manager reported $0.25 EPS for the quarter, topping the consensus estimate of $0.23 by $0.02. The company had revenue of $114.10 million during the quarter, compared to the consensus estimate of $115.78 million. Financial Engines had a net margin of 8.39% and a return on equity of 7.24%. The company’s quarterly revenue was up 23.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.24 EPS. On average, analysts expect that Financial Engines, Inc. will post $1.36 earnings per share for the current year.

Insider Buying and Selling by Quarter for Financial Engines (NASDAQ:FNGN)

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 6th. Stockholders of record on Wednesday, June 14th will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 0.73%. The ex-dividend date of this dividend is Monday, June 12th. Financial Engines’s dividend payout ratio (DPR) is 48.28%.

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Several research firms recently commented on FNGN. William Blair reissued an “outperform” rating on shares of Financial Engines in a research note on Friday, February 24th. Zacks Investment Research raised shares of Financial Engines from a “hold” rating to a “buy” rating and set a $45.00 target price for the company in a research note on Wednesday, May 10th. Jefferies Group LLC set a $47.00 target price on shares of Financial Engines and gave the company a “buy” rating in a research note on Saturday, February 25th. Finally, TheStreet raised shares of Financial Engines from a “c+” rating to a “b-” rating in a research note on Thursday, April 27th.

Several hedge funds have recently made changes to their positions in the company. Glen Harbor Capital Management LLC increased its stake in shares of Financial Engines by 0.8% in the first quarter. Glen Harbor Capital Management LLC now owns 22,368 shares of the asset manager’s stock valued at $974,000 after buying an additional 176 shares during the period. Tyers Asset Management LLC increased its stake in shares of Financial Engines by 0.8% in the first quarter. Tyers Asset Management LLC now owns 30,756 shares of the asset manager’s stock valued at $1,340,000 after buying an additional 242 shares during the period. Flinton Capital Management LLC increased its stake in shares of Financial Engines by 0.8% in the first quarter. Flinton Capital Management LLC now owns 39,144 shares of the asset manager’s stock valued at $1,705,000 after buying an additional 308 shares during the period. Victory Capital Management Inc. increased its stake in shares of Financial Engines by 13.4% in the first quarter. Victory Capital Management Inc. now owns 2,619 shares of the asset manager’s stock valued at $114,000 after buying an additional 310 shares during the period. Finally, Neuburgh Advisers LLC increased its stake in shares of Financial Engines by 0.8% in the first quarter. Neuburgh Advisers LLC now owns 47,532 shares of the asset manager’s stock valued at $2,070,000 after buying an additional 374 shares during the period.

Financial Engines Company Profile

Financial Engines, Inc is a provider of independent, technology-enabled financial advisory services, discretionary portfolio management, personalized investment advice, financial and retirement income planning, and financial education and guidance. The Company offers personalized plans for saving, investing, and generating retirement income, as well as by providing assessments of retirement income needs and readiness.

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