Financial Engines Inc. (NASDAQ:FNGN) EVP Christopher L. Jones sold 10,000 shares of the company’s stock in a transaction dated Thursday, November 17th. The stock was sold at an average price of $33.61, for a total value of $336,100.00. Following the completion of the transaction, the executive vice president now directly owns 82,694 shares of the company’s stock, valued at approximately $2,779,345.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Financial Engines Inc. (NASDAQ:FNGN) traded down 0.60% during midday trading on Monday, hitting $33.30. The stock had a trading volume of 49,702 shares. The company has a market cap of $2.06 billion, a PE ratio of 74.33 and a beta of 1.82. Financial Engines Inc. has a 12-month low of $23.22 and a 12-month high of $36.55. The firm has a 50-day moving average of $28.94 and a 200-day moving average of $28.44.

Financial Engines (NASDAQ:FNGN) last issued its quarterly earnings results on Thursday, November 3rd. The company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.02. Financial Engines had a net margin of 6.74% and a return on equity of 7.03%. The firm earned $112.42 million during the quarter, compared to the consensus estimate of $109.58 million. During the same period in the prior year, the firm earned $0.24 EPS. The business’s revenue was up 42.6% on a year-over-year basis. Equities research analysts forecast that Financial Engines Inc. will post $1.14 EPS for the current year.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 6th. Stockholders of record on Wednesday, December 14th will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date of this dividend is Monday, December 12th. Financial Engines’s dividend payout ratio is 63.64%.

Several institutional investors have recently made changes to their positions in FNGN. Louisiana State Employees Retirement System boosted its position in shares of Financial Engines by 0.4% in the third quarter. Louisiana State Employees Retirement System now owns 23,500 shares of the company’s stock worth $698,000 after buying an additional 100 shares in the last quarter. Arizona State Retirement System boosted its position in shares of Financial Engines by 0.4% in the third quarter. Arizona State Retirement System now owns 27,592 shares of the company’s stock worth $820,000 after buying an additional 100 shares in the last quarter. ProShare Advisors LLC boosted its position in shares of Financial Engines by 1.2% in the second quarter. ProShare Advisors LLC now owns 15,072 shares of the company’s stock worth $390,000 after buying an additional 185 shares in the last quarter. Municipal Employees Retirement System of Michigan boosted its position in shares of Financial Engines by 1.8% in the third quarter. Municipal Employees Retirement System of Michigan now owns 11,740 shares of the company’s stock worth $349,000 after buying an additional 210 shares in the last quarter. Finally, Comerica Bank boosted its position in shares of Financial Engines by 0.5% in the second quarter. Comerica Bank now owns 53,106 shares of the company’s stock worth $1,583,000 after buying an additional 260 shares in the last quarter.

A number of brokerages recently commented on FNGN. Jefferies Group reissued a “buy” rating on shares of Financial Engines in a research note on Wednesday, August 3rd. Zacks Investment Research raised Financial Engines from a “hold” rating to a “buy” rating and set a $33.00 price target for the company in a research note on Wednesday, November 9th. Finally, William Blair reissued an “outperform” rating on shares of Financial Engines in a research note on Wednesday, August 3rd. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Financial Engines presently has a consensus rating of “Buy” and a consensus target price of $33.67.

Financial Engines Company Profile

Financial Engines, Inc provides independent, technology-enabled portfolio management services, investment advice and retirement income services to participants in employer-sponsored defined contribution plans, such as 401(k) plans. The Company offers personalized plans for saving, investing, and generating retirement income, as well as by providing assessments of retirement income needs and readiness.

5 Day Chart for NASDAQ:FNGN

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