Man Group plc Purchases Shares of 70,058 First Advantage Co. $FA

Man Group plc acquired a new position in shares of First Advantage Co. (NYSE:FA) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 70,058 shares of the company’s stock, valued at approximately $1,265,000.

Other large investors have also recently made changes to their positions in the company. Jupiter Topco LLC bought a new stake in shares of First Advantage during the second quarter worth about $3,275,000. Palisade Capital Management LP bought a new position in First Advantage in the 2nd quarter valued at about $14,533,000. Legal & General Group Plc bought a new position in First Advantage in the 2nd quarter valued at about $3,311,000. The Manufacturers Life Insurance Company acquired a new position in First Advantage during the 2nd quarter valued at about $545,000. Finally, Foyston Gordon & Payne Inc acquired a new position in First Advantage during the 2nd quarter valued at about $629,000. 94.91% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In related news, Director James Lindsey Clark sold 4,921 shares of First Advantage stock in a transaction on Monday, June 8th. The stock was sold at an average price of $15.69, for a total transaction of $77,210.49. Following the sale, the director directly owned 56,844 shares in the company, valued at approximately $891,882.36. This trade represents a 7.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 Stock Down 0.5%

First Advantage stock opened at $20.07 on Thursday. First Advantage Co. has a fifty-two week low of $8.82 and a fifty-two week high of $25.15. 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 firm’s 50-day simple moving average is $20.60 and its 200 day simple moving average is $15.72. The stock has a market cap of $3.45 billion, a PE ratio of 669.00 and a beta of 1.15.

First Advantage (NYSE:FA) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.35 EPS for the quarter, beating 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 last year, the business posted $0.27 earnings per share. The business’s revenue for the quarter was up 14.9% on a year-over-year basis. First Advantage has set its FY 2026 guidance at 1.23-1.290 EPS. Research analysts predict that First Advantage Co. will post 0.74 EPS for the current fiscal 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.