First Advantage Co. $FA Stake Raised by CI Investments Inc.

CI Investments Inc. lifted its holdings in shares of First Advantage Co. (NYSE:FA) by 66.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 237,500 shares of the company’s stock after buying an additional 94,500 shares during the period. CI Investments Inc.’s holdings in First Advantage were worth $2,793,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in FA. SG Americas Securities LLC boosted its position in First Advantage by 8,338.6% during the 4th quarter. SG Americas Securities LLC now owns 777,275 shares of the company’s stock worth $11,294,000 after acquiring an additional 768,064 shares during the period. Brighton Jones LLC bought a new position in First Advantage in the 4th quarter valued at about $257,000. Leith Wheeler Investment Counsel Ltd. lifted its stake in shares of First Advantage by 22.8% in the 1st quarter. Leith Wheeler Investment Counsel Ltd. now owns 728,332 shares of the company’s stock worth $8,565,000 after acquiring an additional 135,418 shares during the period. BloombergSen Inc. raised its holdings in First Advantage by 41.6% during the fourth quarter. BloombergSen Inc. now owns 377,216 shares of the company’s stock worth $5,481,000 after purchasing an additional 110,892 shares in the last quarter. Finally, Capital World Investors raised its stake in shares of First Advantage by 9.4% in the 4th quarter. Capital World Investors now owns 9,098,714 shares of the company’s stock worth $132,204,000 after buying an additional 780,200 shares in the last quarter. 94.91% of the stock is owned by institutional investors.

First Advantage Stock Up 2.4%

FA stock opened at $19.64 on Friday. The company has a 50 day moving average of $17.70 and a two-hundred day moving average of $14.27. The company has a market cap of $3.37 billion, a price-to-earnings ratio of 654.67 and a beta of 1.17. First Advantage Co. has a 12-month low of $8.82 and a 12-month high of $22.78. The company has a quick ratio of 3.85, a current ratio of 3.85 and a debt-to-equity ratio of 0.61.

First Advantage (NYSE:FA) last posted 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 net margin of 0.65% and a return on equity of 13.16%. During the same period in the prior year, the firm earned $0.17 EPS. First Advantage’s revenue for the quarter was up 8.6% on a year-over-year basis. First Advantage has set its FY 2026 guidance at 1.150-1.250 EPS. On average, equities analysts anticipate that First Advantage Co. will post 0.74 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Stifel Nicolaus set a $18.00 target price on shares of First Advantage in a report on Friday, May 8th. JPMorgan Chase & Co. lifted their price target on shares of First Advantage from $15.00 to $18.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Citigroup increased their price objective on First Advantage from $15.00 to $18.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Finally, Barclays lifted their target price on First Advantage from $15.00 to $20.00 and gave the stock an “overweight” rating in a 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 MarketBeat, First Advantage has a consensus rating of “Hold” and an average target price of $18.50.

Insider Transactions at First Advantage

In other First Advantage news, Director James Lindsey Clark sold 4,921 shares of the business’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $15.69, for a total value of $77,210.49. Following the transaction, the director owned 56,844 shares in the company, valued at $891,882.36. The trade was a 7.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Joelle M. Smith sold 23,334 shares of the company’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $15.00, for a total value of $350,010.00. Following the completion of the transaction, the president directly owned 19,393 shares in the company, valued at approximately $290,895. The trade was a 54.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 4.40% of the company’s stock.

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.