Jupiter Topco LLC Purchases Shares of 181,437 First Advantage Co. $FA

Jupiter Topco LLC purchased a new position in First Advantage Co. (NYSE:FA) in the second quarter, HoldingsChannel reports. The firm purchased 181,437 shares of the company’s stock, valued at approximately $3,275,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. BlackRock Inc. bought a new stake in shares of First Advantage during the 2nd quarter valued at $217,748,000. Alliancebernstein L.P. lifted its stake in shares of First Advantage by 724.5% during the 2nd quarter. Alliancebernstein L.P. now owns 5,256,511 shares of the company’s stock valued at $87,311,000 after buying an additional 4,618,946 shares in the last quarter. Palisade Capital Management LP bought a new position in First Advantage in the 2nd quarter worth $14,533,000. Capital World Investors boosted its holdings in 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 during the period. Finally, Price T Rowe Associates Inc. MD increased its stake in First Advantage by 4.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 13,954,320 shares of the company’s stock worth $202,757,000 after buying an additional 572,580 shares in the last quarter. 94.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on FA shares. Stifel Nicolaus set a $18.00 price target on First Advantage in a report on Friday, May 8th. Citigroup upped their price objective on First Advantage from $18.00 to $22.00 and gave the stock a “neutral” rating in a research note on Monday, August 17th. JPMorgan Chase & Co. increased their target price on First Advantage from $15.00 to $18.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Royal Bank Of Canada lifted their target price on First Advantage from $21.00 to $24.00 and gave the company a “sector perform” rating in a research note on Friday, August 7th. Finally, Zacks Research raised First Advantage from a “hold” rating to a “strong-buy” rating in a report on Monday, August 17th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $23.33.

First Advantage Stock Performance

Shares of NYSE FA opened at $20.07 on Thursday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 3.85 and a current ratio of 3.85. The company has a market cap of $3.45 billion, a P/E ratio of 669.00 and a beta of 1.15. The firm’s fifty day moving average is $20.60 and its two-hundred day moving average is $15.72. First Advantage Co. has a 52-week low of $8.82 and a 52-week high of $25.15.

First Advantage (NYSE:FA) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.29 by $0.06. First Advantage had a net margin of 0.65% and a return on equity of 13.16%. During the same period in the previous year, the company posted $0.27 EPS. The business’s quarterly revenue was up 14.9% compared to the same quarter last year. First Advantage has set its FY 2026 guidance at 1.23-1.290 EPS. As a group, analysts anticipate that First Advantage Co. will post 0.74 EPS for the current fiscal year.

Insider Activity

In related 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 sale, the director directly owned 56,844 shares in the company, valued at approximately $891,882.36. The trade was a 7.97% decrease in their ownership of the stock. The transaction was disclosed in a 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. Company insiders own 4.40% of the company’s stock.

First Advantage 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.