Sunriver Management LLC Has $36.18 Million Stock Position in First Advantage Co. $FA

Sunriver Management LLC grew its position in First Advantage Co. (NYSE:FA) by 46.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,350,614 shares of the company’s stock after purchasing an additional 741,913 shares during the period. First Advantage comprises about 3.9% of Sunriver Management LLC’s holdings, making the stock its 17th largest position. Sunriver Management LLC owned approximately 1.35% of First Advantage worth $36,176,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Quantbot Technologies LP bought a new stake in shares of First Advantage in the 2nd quarter valued at approximately $81,000. BNP Paribas Financial Markets raised its position in First Advantage by 105.7% during the second quarter. BNP Paribas Financial Markets now owns 7,166 shares of the company’s stock valued at $119,000 after acquiring an additional 3,682 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in First Advantage by 503.2% in the second quarter. Tower Research Capital LLC TRC now owns 7,932 shares of the company’s stock valued at $132,000 after acquiring an additional 6,617 shares during the last quarter. Ameritas Investment Partners Inc. grew its position in First Advantage by 29.1% in the second quarter. Ameritas Investment Partners Inc. now owns 8,088 shares of the company’s stock worth $134,000 after acquiring an additional 1,821 shares in the last quarter. Finally, SG Americas Securities LLC grew its position in First Advantage by 22.6% in the third quarter. SG Americas Securities LLC now owns 9,211 shares of the company’s stock worth $142,000 after acquiring an additional 1,700 shares in the last quarter. 94.91% of the stock is currently owned by institutional investors and hedge funds.

First Advantage Stock Performance

First Advantage stock traded up $0.08 during trading hours on Friday, reaching $11.14. 18,095 shares of the company were exchanged, compared to its average volume of 1,133,793. First Advantage Co. has a 12 month low of $8.82 and a 12 month high of $19.01. The company has a current ratio of 3.85, a quick ratio of 3.85 and a debt-to-equity ratio of 0.61. The stock has a 50-day moving average of $12.54 and a 200 day moving average of $13.88. The firm has a market cap of $1.94 billion, a price-to-earnings ratio of 368.63 and a beta of 1.19.

First Advantage (NYSE:FA) last released its quarterly earnings results on Thursday, February 26th. The company reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.26 by $0.04. 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 $0.18 EPS. The business’s revenue was up 36.8% on a year-over-year basis. First Advantage has set its FY 2026 guidance at 1.150-1.250 EPS. As a group, research analysts anticipate that First Advantage Co. will post 0.74 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on FA shares. Barclays upgraded shares of First Advantage from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $14.00 to $15.00 in a report on Friday, March 6th. Citigroup decreased their price objective on shares of First Advantage from $16.00 to $15.00 and set a “neutral” rating for the company in a report on Friday, March 6th. Finally, Zacks Research lowered First Advantage from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. Two research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $16.75.

About First Advantage

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.