First Advantage Co. $FA is ASK Capital Management LLC’s 3rd Largest Position

ASK Capital Management LLC trimmed its stake in First Advantage Co. (NYSE:FA) by 89.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,651 shares of the company’s stock after selling 126,419 shares during the quarter. First Advantage accounts for 0.0% of ASK Capital Management LLC’s portfolio, making the stock its 3rd largest position. ASK Capital Management LLC’s holdings in First Advantage were worth $227,000 as of its most recent SEC filing.

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

Insider Transactions at First Advantage

In related news, President Joelle M. Smith sold 23,334 shares of the business’s stock in a transaction on Thursday, May 7th. The shares were 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. The trade was a 54.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 4.40% of the company’s stock.

Analysts Set New Price Targets

FA has been the subject of a number of analyst reports. JPMorgan Chase & Co. lifted their target price on shares of First Advantage from $15.00 to $18.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Stifel Nicolaus set a $18.00 target price on shares of First Advantage in a research note on Friday, May 8th. Barclays lifted their target price on shares of First Advantage from $15.00 to $20.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Finally, Citigroup lifted their target price on shares of First Advantage from $15.00 to $18.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $18.50.

First Advantage Trading Down 3.8%

NYSE:FA opened at $16.42 on Wednesday. First Advantage Co. has a 12 month low of $8.82 and a 12 month high of $19.01. The firm has a market cap of $2.82 billion, a price-to-earnings ratio of 547.33 and a beta of 1.19. The company has a quick ratio of 3.85, a current ratio of 3.85 and a debt-to-equity ratio of 0.61. The company’s 50 day moving average is $13.20 and its 200-day moving average is $13.12.

First Advantage (NYSE:FA) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.05. First Advantage had a net margin of 0.65% and a return on equity of 13.16%. During the same period last year, the business earned $0.17 EPS. The business’s revenue was up 8.6% on a year-over-year basis. 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 EPS 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.